Company Registration No. 10747864 (England and Wales)
Project Eleven Consultants Limited
Unaudited accounts
for the year ended 31 May 2024
Project Eleven Consultants Limited
Unaudited accounts
Contents
Project Eleven Consultants Limited
Company Information
for the year ended 31 May 2024
Directors
Mr Neil Tibble
Mr Christopher Leggett
Mrs Kerrie Tibble
Company Number
10747864 (England and Wales)
Registered Office
Valley House, Spring Meadow
Playford
Ipswich
SUFFOLK
IP6 9ED
United Kingdom
Accountants
KRT Associates Limited
Valley House
Spring Meadow
Ipswich
Suffolk
IP6 9ED
Project Eleven Consultants Limited
Statement of financial position
as at 31 May 2024
Cash at bank and in hand
46,290
48,292
Creditors: amounts falling due within one year
(41,051)
(44,412)
Net current assets
27,486
25,081
Total assets less current liabilities
29,695
25,081
Provisions for liabilities
Called up share capital
100
100
Profit and loss account
29,175
24,981
Shareholders' funds
29,275
25,081
For the year ending 31 May 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 28 February 2025 and were signed on its behalf by
Mrs Kerrie Tibble
Director
Company Registration No. 10747864
Project Eleven Consultants Limited
Notes to the Accounts
for the year ended 31 May 2024
Project Eleven Consultants Limited is a private company, limited by shares, registered in England and Wales, registration number 10747864. The registered office is Valley House, Spring Meadow, Playford, Ipswich, SUFFOLK, IP6 9ED, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% - 33% straight line method
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Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 June 2023
1,017
1,224
2,241
At 31 May 2024
3,831
1,224
5,055
At 1 June 2023
1,017
1,224
2,241
Charge for the year
605
-
605
At 31 May 2024
1,622
1,224
2,846
At 31 May 2024
2,209
-
2,209
Amounts falling due within one year
Trade debtors
18,790
16,411
Accrued income and prepayments
3,457
4,790
Project Eleven Consultants Limited
Notes to the Accounts
for the year ended 31 May 2024
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
54
36
Taxes and social security
23,396
18,243
7
Transactions with related parties
Christopher Leggett
Director in Dayle Bayliss Limited
Sales were made to Dayle Bayliss Limited totalling £2,753 and £2,753 was outstanding at the year end.
Kerrie Tibble
Director in KRT Associates Limited
Accountancy Software subscriptions have been accrued in the year from KRT Associates Limited totalling £310 and £Nil was outstanding at the year end.
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Average number of employees
During the year the average number of employees was 4 (2023: 4).