IRIS Accounts Production v24.3.0.553 13982219 Board of Directors 1.4.23 31.3.24 31.3.24 false true false false true false Ordinary Share 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh139822192023-03-31139822192024-03-31139822192023-04-012024-03-31139822192022-03-15139822192022-03-162023-03-31139822192023-03-3113982219ns15:EnglandWales2023-04-012024-03-3113982219ns14:PoundSterling2023-04-012024-03-3113982219ns10:Director12023-04-012024-03-3113982219ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3113982219ns10:SmallEntities2023-04-012024-03-3113982219ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3113982219ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3113982219ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3113982219ns10:FullAccounts2023-04-012024-03-3113982219ns10:OrdinaryShareClass12023-04-012024-03-3113982219ns10:Director22023-04-012024-03-3113982219ns10:RegisteredOffice2023-04-012024-03-3113982219ns5:CurrentFinancialInstruments2024-03-3113982219ns5:CurrentFinancialInstruments2023-03-3113982219ns5:ShareCapital2024-03-3113982219ns5:ShareCapital2023-03-3113982219ns5:RetainedEarningsAccumulatedLosses2024-03-3113982219ns5:RetainedEarningsAccumulatedLosses2023-03-3113982219ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-03-3113982219ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3113982219ns10:OrdinaryShareClass12024-03-31
REGISTERED NUMBER: 13982219 (England and Wales)










73 Projects Ltd

Unaudited Financial Statements

for the Year Ended 31 March 2024






73 Projects Ltd (Registered number: 13982219)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


73 Projects Ltd

Company Information
for the Year Ended 31 March 2024







DIRECTORS: Mrs Lisa Zino
Miss Lori Stewart





REGISTERED OFFICE: 35 Droylsden Wharf Road
Droylsden
Manchester
M43 6SR





REGISTERED NUMBER: 13982219 (England and Wales)






73 Projects Ltd (Registered number: 13982219)

Balance Sheet
31 March 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Debtors 5 1,607 41
Cash at bank 119 11,240
1,726 11,281
CREDITORS
Amounts falling due within one year 6 (5,685 ) (9,349 )
NET CURRENT (LIABILITIES)/ASSETS (3,959 ) 1,932
TOTAL ASSETS LESS CURRENT
LIABILITIES

(3,959

)

1,932

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings (4,059 ) 1,832
SHAREHOLDERS' FUNDS (3,959 ) 1,932

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 3 December 2024 and were signed on its behalf by:





Mrs Lisa Zino - Director


73 Projects Ltd (Registered number: 13982219)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. GENERAL INFORMATION

The company is a private company limited by share capital, incorporated in United Kingdom.

35 Droylsden Wharf Road
Droylsden
Manchester
England
M43 6SR

2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

3. ACCOUNTING POLICIES

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND KEY ACCOUNTING ESTIMATES
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

BASIS OF PREPARATION
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

GOING CONCERN
The company's liabilities exceeded its assets as at the year end. These financial statements have been prepared on a going concern basis and the company will continue to be supported by the directors.

REVENUE RECOGNITION
Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company's activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

TAX
The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

CASH AND CASH EQUIVALENTS
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.




73 Projects Ltd (Registered number: 13982219)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024
TRADE DEBTORS
Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

SHARE CAPITAL
Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Corporation tax receivable 1,347 -
VAT 260 41
1,607 41

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Corporation tax control - 4,183
PAYE/NI Liability 71 -
Wages Control account (1,838 ) -
Other Creditors 1,080 1,080
Other Creditors- SCB 995 (360 )
Directors' current accounts 5,377 3,946
Accrual - 500
5,685 9,349

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary Share 1 100 100