PROJECT 23RD CENTURY LTD

Company Registration Number:
10911841 (England and Wales)

Unaudited abridged accounts for the year ended 30 April 2024

Period of accounts

Start date: 01 May 2023

End date: 30 April 2024

PROJECT 23RD CENTURY LTD

Contents of the Financial Statements

for the Period Ended 30 April 2024

Balance sheet
Notes

PROJECT 23RD CENTURY LTD

Balance sheet

As at 30 April 2024


Notes

2024

2023


£

£
Fixed assets
Intangible assets: 3 5,338,752 0
Tangible assets: 4 935,354 831,110
Total fixed assets: 6,274,106 831,110
Current assets
Debtors: 5 5,129,804 172,950
Cash at bank and in hand: 53,304 1,681,114
Total current assets: 5,183,108 1,854,064
Creditors: amounts falling due within one year: 6 (6,004,065) (4,129)
Net current assets (liabilities): (820,957) 1,849,935
Total assets less current liabilities: 5,453,149 2,681,045
Creditors: amounts falling due after more than one year: 7 (788,445)
Total net assets (liabilities): 4,664,704 2,681,045
Capital and reserves
Called up share capital: 2,856 2,757
Share premium account: 14,529,557 11,484,462
Profit and loss account: (9,867,709) (8,806,174)
Shareholders funds: 4,664,704 2,681,045

The notes form part of these financial statements

PROJECT 23RD CENTURY LTD

Balance sheet statements

For the year ending 30 April 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 04 April 2025
and signed on behalf of the board by:

Name: D Peries
Status: Director

The notes form part of these financial statements

PROJECT 23RD CENTURY LTD

Notes to the Financial Statements

for the Period Ended 30 April 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

PROJECT 23RD CENTURY LTD

Notes to the Financial Statements

for the Period Ended 30 April 2024

2. Employees

2024 2023
Average number of employees during the period 29 15

PROJECT 23RD CENTURY LTD

Notes to the Financial Statements

for the Period Ended 30 April 2024

3. Intangible Assets

Total
Cost £
At 01 May 2023 0
Additions 5,338,752
At 30 April 2024 5,338,752
Amortisation
At 01 May 2023 0
At 30 April 2024 0
Net book value
At 30 April 2024 5,338,752
At 30 April 2023 0

PROJECT 23RD CENTURY LTD

Notes to the Financial Statements

for the Period Ended 30 April 2024

4. Tangible Assets

Total
Cost £
At 01 May 2023 924,391
Additions 218,889
At 30 April 2024 1,143,280
Depreciation
At 01 May 2023 93,281
Charge for year 114,645
At 30 April 2024 207,926
Net book value
At 30 April 2024 935,354
At 30 April 2023 831,110

PROJECT 23RD CENTURY LTD

Notes to the Financial Statements

for the Period Ended 30 April 2024

5. Debtors

2024 2023
££
Debtors due after more than one year: 0 0

PROJECT 23RD CENTURY LTD

Notes to the Financial Statements

for the Period Ended 30 April 2024

6. Creditors: amounts falling due within one year note

Loans & Borrowings 497951 Trade Creditors 2904995 Taxation 631680 Other creditors 1969439

PROJECT 23RD CENTURY LTD

Notes to the Financial Statements

for the Period Ended 30 April 2024

7. Creditors: amounts falling due after more than one year note

Non Current financial liabilities 788445

PROJECT 23RD CENTURY LTD

Notes to the Financial Statements

for the Period Ended 30 April 2024

8. Related party transactions

Loans to related 1052931