IRIS Accounts Production v24.3.2.46 12061128 director 1.7.23 30.6.24 30.6.24 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh120611282023-06-30120611282024-06-30120611282023-07-012024-06-30120611282022-06-30120611282022-07-012023-06-30120611282023-06-3012061128ns15:EnglandWales2023-07-012024-06-3012061128ns14:PoundSterling2023-07-012024-06-3012061128ns10:Director12023-07-012024-06-3012061128ns10:PrivateLimitedCompanyLtd2023-07-012024-06-3012061128ns10:SmallEntities2023-07-012024-06-3012061128ns10:AuditExempt-NoAccountantsReport2023-07-012024-06-3012061128ns10:SmallCompaniesRegimeForDirectorsReport2023-07-012024-06-3012061128ns10:SmallCompaniesRegimeForAccounts2023-07-012024-06-3012061128ns10:FullAccounts2023-07-012024-06-3012061128ns10:OrdinaryShareClass12023-07-012024-06-3012061128ns10:RegisteredOffice2023-07-012024-06-3012061128ns5:CurrentFinancialInstruments2024-06-3012061128ns5:CurrentFinancialInstruments2023-06-3012061128ns5:Non-currentFinancialInstruments2024-06-3012061128ns5:Non-currentFinancialInstruments2023-06-3012061128ns5:ShareCapital2024-06-3012061128ns5:ShareCapital2023-06-3012061128ns5:RetainedEarningsAccumulatedLosses2024-06-3012061128ns5:RetainedEarningsAccumulatedLosses2023-06-3012061128ns5:ComputerEquipment2023-07-012024-06-3012061128ns5:FurnitureFittings2023-06-3012061128ns5:ComputerEquipment2023-06-3012061128ns5:FurnitureFittings2023-07-012024-06-3012061128ns5:FurnitureFittings2024-06-3012061128ns5:ComputerEquipment2024-06-3012061128ns5:FurnitureFittings2023-06-3012061128ns5:ComputerEquipment2023-06-3012061128ns5:WithinOneYearns5:CurrentFinancialInstruments2024-06-3012061128ns5:WithinOneYearns5:CurrentFinancialInstruments2023-06-3012061128ns10:OrdinaryShareClass12024-06-30
REGISTERED NUMBER: 12061128 (England and Wales)













PRJCT ONE LTD

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH JUNE 2024






PRJCT ONE LTD (REGISTERED NUMBER: 12061128)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH JUNE 2024










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


PRJCT ONE LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH JUNE 2024







DIRECTOR: Mr J G Hooper





REGISTERED OFFICE: 1st Floor Tudor House
16 Cathedral Road
Cardiff
CF11 9LJ





REGISTERED NUMBER: 12061128 (England and Wales)





ACCOUNTANTS: Carston ETL
Tudor House
16 Cathedral Road
Cardiff
CF11 9LJ

PRJCT ONE LTD (REGISTERED NUMBER: 12061128)

STATEMENT OF FINANCIAL POSITION
30TH JUNE 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 694 1,605
Investments 5 27,000 27,000
27,694 28,605

CURRENT ASSETS
Debtors 6 8,738 5,304
Cash at bank 8,380 15,406
17,118 20,710
CREDITORS
Amounts falling due within one year 7 24,766 21,146
NET CURRENT LIABILITIES (7,648 ) (436 )
TOTAL ASSETS LESS CURRENT LIABILITIES 20,046 28,169

CREDITORS
Amounts falling due after more than one year 8 8,100 13,500
NET ASSETS 11,946 14,669

CAPITAL AND RESERVES
Called up share capital 9 1 1
Retained earnings 11,945 14,668
SHAREHOLDERS' FUNDS 11,946 14,669

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th June 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 7th January 2025 and were signed by:





Mr J G Hooper - Director


PRJCT ONE LTD (REGISTERED NUMBER: 12061128)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH JUNE 2024


1. STATUTORY INFORMATION

PRJCT ONE Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Equipment - 33.33% straight line on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings Equipment Totals
£    £    £   
COST
At 1st July 2023 - 8,737 8,737
Additions 931 - 931
At 30th June 2024 931 8,737 9,668
DEPRECIATION
At 1st July 2023 - 7,132 7,132
Charge for year 310 1,532 1,842
At 30th June 2024 310 8,664 8,974
NET BOOK VALUE
At 30th June 2024 621 73 694
At 30th June 2023 - 1,605 1,605

PRJCT ONE LTD (REGISTERED NUMBER: 12061128)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH JUNE 2024


5. FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:
2024 2023
£    £   
Other investments 27,000 27,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 8,738 -
Other debtors - 5,304
8,738 5,304

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 5,402 5,400
Taxation and social security 17,995 14,576
Other creditors 1,369 1,170
24,766 21,146

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 8,100 13,500

9. CALLED UP SHARE CAPITAL

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