Company Registration No. 14160268 (England and Wales)
Project 95 Ltd
Unaudited accounts
for the year ended 30 June 2024
Project 95 Ltd
Unaudited accounts
Contents
Project 95 Ltd
Company Information
for the year ended 30 June 2024
Directors
Stephen Orr
Joy Orr
Company Number
14160268 (England and Wales)
Registered Office
77 Devonshire Road
Durham
County Durham
DH1 2BJ
England
Accountants
Abacus Jack Ltd
New Century House
Crowther Road
Washington
Tyne and Wear
NE38 0QA
Project 95 Ltd
Statement of financial position
as at 30 June 2024
Tangible assets
105,767
105,767
Cash at bank and in hand
13,648
2,388
Creditors: amounts falling due within one year
(158,012)
(164,331)
Net current liabilities
(144,364)
(161,943)
Net liabilities
(38,597)
(56,176)
Called up share capital
100
100
Profit and loss account
(38,697)
(56,276)
Shareholders' funds
(38,597)
(56,176)
For the year ending 30 June 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 16 March 2025 and were signed on its behalf by
Stephen Orr
Director
Company Registration No. 14160268
Project 95 Ltd
Notes to the Accounts
for the year ended 30 June 2024
Project 95 Ltd is a private company, limited by shares, registered in England and Wales, registration number 14160268. The registered office is 77 Devonshire Road, Durham, County Durham, DH1 2BJ, England.
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:
4
Tangible fixed assets
Land & buildings
5
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
-
66,920
Other creditors
7,863
2,100
Loans from directors
150,149
95,311
6
Average number of employees
During the year the average number of employees was 0 (2023: 0).