2023-11-01 10428399 2024-10-31 10428399 2023-11-01 2024-10-31 10428399 2023-10-31 10428399 2022-11-01 2023-10-31 10428399 uk-core:WithinOneYear 2023-10-31 10428399 uk-core:WithinOneYear 2024-10-31 10428399 uk-core:ShareCapital 2024-10-31 10428399 uk-core:ShareCapital 2023-10-31 10428399 uk-core:RetainedEarningsAccumulatedLosses 2024-10-31 10428399 uk-core:RetainedEarningsAccumulatedLosses 2023-10-31 10428399 uk-bus:Director1 2023-11-01 2024-10-31 10428399 uk-core:ComputerEquipment 2023-11-01 2024-10-31 iso4217:GBP xbrli:pure 10428399 uk-bus:AuditExemptWithAccountantsReport 2023-11-01 2024-10-31 10428399 uk-bus:FRS102 2023-11-01 2024-10-31 10428399 uk-bus:FilletedAccounts 2023-11-01 2024-10-31 10428399 uk-bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31
Mach 1 Project Management Ltd
Registered Number:10428399
For the year ended 31 October 2024
England and Wales
Unaudited Financial Statements
2
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
3
Registered Number :
10428399
As at 31 October 2024
Mach 1 Project Management Ltd
Statement of Financial Position
£
£
2023
2024
Notes
Current assets
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
Capital and reserves
Called up share capital
100
100
Retained earnings
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.
A J Machin Director
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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4
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
Registered address:
Unit 5 Riverside Business Park
Buxton Road
Bakewell
DE45 1GS
The presentation currency is £ sterling.
1. Accounting policies
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:
20% Straight line
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
Computer
Equipment
£
Cost or
valuation
At 01 November 2023
1,300
At 31 October 2024
1,300
Provision for depreciation and impairment
At 01 November 2023
1,300
At 31 October 2024
1,300
At 31 October 2024
Net book value
-
At 31 October 2023
-
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5
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
£
£
Trade debtors
594
489
Other debtors
20,000
-
489
20,594
4. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Trade creditors
732
120
Taxation and social security
35,995
38,035
Other creditors
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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