Mach 1 Project Management Ltd |
Registered Number:10428399 |
For the year ended 31 October 2024
England and Wales
Unaudited Financial Statements
For the year ended 31 October 2024
Mach 1 Project Management Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
Mach 1 Project Management Ltd
Statement of Financial Position
2023
2024
Trade and other receivables |
489
20,594
3
58,976
Cash and cash equivalents |
45,007
65,601
59,465
Trade and other payables: amounts falling due within one |
year |
(41,575)
(40,968)
4
17,890
24,633
Net current assets
Total assets less current liabilities |
24,633
17,890
24,633
Net assets
17,890
100
100
24,533
17,790
24,633
17,890
Shareholders' funds
For the year ended 31 October 2024 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies. |
The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2024 in accordance with Section 476 of the Companies Act 2006 |
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of |
each financial year and of its profit or loss for each financial year in accordance with the requirements of Section |
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial |
statements, so far as applicable to the company. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
These financial statements were approved and authorised for issue by the Board on 19 November 2024 and were signed by: |
The notes form part of these financial statements |
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For the year ended 31 October 2024
Mach 1 Project Management Ltd
Notes to the Financial Statements
Statutory Information
Mach 1 Project Management Ltd is a private limited company, limited by shares, domiciled in England and Wales, |
registration number 10428399. |
Principal place of business: |
44 Rushley Drive
Dore
Sheffield
S17 3EN
Unit 5 Riverside Business Park
Buxton Road
Bakewell
DE45 1GS
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the |
Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
modified by the revaluation of certain assets. |
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Computer Equipment
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date. |
2. Property, plant and equipment |
1,300
1,300
Provision for depreciation and impairment |
1,300
1,300
-
-
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For the year ended 31 October 2024
Mach 1 Project Management Ltd
Notes to the Financial Statements Continued
3. Trade and other receivables |
2023
2024
594
489
20,000
-
489
20,594
4. Trade and other payables: amounts falling due within one year |
2023
2024
732
120
Taxation and social security |
35,995
38,035
4,241
3,420
40,968
41,575
5. Average number of persons employed |
During the year the average number of employees was 1 (2023 : 1)
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