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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
Page
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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
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Project Eleven Consultants Limited Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,209 
- 
Current assets
Debtors
22,247 
21,201 
Cash at bank and in hand
46,290 
48,292 
68,537 
69,493 
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
Deferred tax
(420)
- 
Net assets
29,275 
25,081 
Capital and reserves
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
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Project Eleven Consultants Limited Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
4
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 
Additions
2,814 
- 
2,814 
At 31 May 2024
3,831 
1,224 
5,055 
Depreciation
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 
Net book value
At 31 May 2024
2,209 
- 
2,209 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
18,790 
16,411 
Accrued income and prepayments
3,457 
4,790 
22,247 
21,201 
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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 
VAT
12,591 
15,471 
Trade creditors
- 
1,953 
Taxes and social security
23,396 
18,243 
Other creditors
31 
31 
Accruals
4,979 
8,678 
41,051 
44,412 
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.
8
Average number of employees
During the year the average number of employees was 4 (2023: 4).
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