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REGISTERED NUMBER: 05086978 (England and Wales)






















Unaudited Financial Statements

for the Year Ended 30 April 2024

for

Project Support Solutions Limited

Project Support Solutions Limited (Registered number: 05086978)






Contents of the Financial Statements
for the year ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Project Support Solutions Limited

Company Information
for the year ended 30 April 2024







DIRECTOR: M Albertina





SECRETARY: Mrs J M Albertina





REGISTERED OFFICE: 1 Belvidere Road
Crosby
Liverpool
Merseyside
L23 0SR





REGISTERED NUMBER: 05086978 (England and Wales)





ACCOUNTANTS: Bennett Brooks & Co Ltd
13a Duke Street
Southport
Merseyside
PR8 1LS

Project Support Solutions Limited (Registered number: 05086978)

Balance Sheet
30 April 2024

2024 2023
Notes £ £
FIXED ASSETS
Tangible assets 4 20,408 22,827

CURRENT ASSETS
Debtors 5 309,365 273,810
Cash at bank 47,622 47,237
356,987 321,047
CREDITORS
Amounts falling due within one year 6 (64,413 ) (71,522 )
NET CURRENT ASSETS 292,574 249,525
TOTAL ASSETS LESS CURRENT
LIABILITIES

312,982

272,352

CREDITORS
Amounts falling due after more than one year 7 (10,490 ) (18,635 )

PROVISIONS FOR LIABILITIES 8 (3,031 ) (3,636 )
NET ASSETS 299,461 250,081

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 299,361 249,981
SHAREHOLDERS' FUNDS 299,461 250,081

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 29 January 2025 and were signed by:





M Albertina - Director


Project Support Solutions Limited (Registered number: 05086978)

Notes to the Financial Statements
for the year ended 30 April 2024

1. STATUTORY INFORMATION

Project Support Solutions Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 represents the net sales value of services provided during the year excluding VAT.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 10% on cost
Computer equipment - 33% on reducing balance

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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

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

Project Support Solutions Limited (Registered number: 05086978)

Notes to the Financial Statements - continued
for the year ended 30 April 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and Computer
property machinery fittings equipment Totals
£ £ £ £ £
COST
At 1 May 2023 8,283 32,409 12,028 7,746 60,466
Additions - - - 179 179
Disposals - - - (4,796 ) (4,796 )
At 30 April 2024 8,283 32,409 12,028 3,129 55,849
DEPRECIATION
At 1 May 2023 - 29,052 2,555 6,032 37,639
Charge for year - 672 1,202 576 2,450
Eliminated on disposal - - - (4,648 ) (4,648 )
At 30 April 2024 - 29,724 3,757 1,960 35,441
NET BOOK VALUE
At 30 April 2024 8,283 2,685 8,271 1,169 20,408
At 30 April 2023 8,283 3,357 9,473 1,714 22,827

5. DEBTORS
2024 2023
£ £
Amounts falling due within one year:
Trade debtors 35,105 39,814
Other debtors 234,710 190,939
269,815 230,753

Amounts falling due after more than one year:
Other debtors 39,550 43,057

Aggregate amounts 309,365 273,810

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Bank loans and overdrafts 8,146 7,945
Taxation and social security 51,467 57,097
Other creditors 4,800 6,480
64,413 71,522

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£ £
Bank loans 10,490 18,635

8. PROVISIONS FOR LIABILITIES
2024 2023
£ £
Deferred tax 3,031 3,636

Project Support Solutions Limited (Registered number: 05086978)

Notes to the Financial Statements - continued
for the year ended 30 April 2024

8. PROVISIONS FOR LIABILITIES - continued

Deferred tax
£
Balance at 1 May 2023 3,636
Movement in year (605 )
Balance at 30 April 2024 3,031

The deferred tax provision is entirely in respect of capital allowances available on fixed assets in excess of depreciation charges.

9. CALLED UP SHARE CAPITAL

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

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 April 2024 and 30 April 2023:

2024 2023
£ £
M Albertina
Balance outstanding at start of year 177,943 121,694
Amounts advanced 126,942 140,313
Amounts repaid (84,654 ) (84,064 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 220,231 177,943

The director's loan is repayable on demand. Interest is charged annually in arrears at HMRC approved rates.