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Company Registration No. 14857698 (England and Wales)
Projects (NW) Ltd Unaudited accounts for the period from 9 May 2023 to 31 May 2024
Projects (NW) Ltd Unaudited accounts Contents
Page
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Projects (NW) Ltd Company Information for the period from 9 May 2023 to 31 May 2024
Director
Miss A Fitzsimons
Company Number
14857698 (England and Wales)
Registered Office
6 Elwy Gardens Llandudno Gwynedd LL30 1NX Wales
Accountants
Bisby Accountancy Ltd The Cottage 23 Llandudno Road Penrhyn Bay Llandudno Conwy LL30 3EP
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Projects (NW) Ltd Statement of financial position as at 31 May 2024
2024 
Notes
£ 
Fixed assets
Tangible assets
1,849 
Current assets
Debtors
27,637 
Cash at bank and in hand
39,807 
67,444 
Creditors: amounts falling due within one year
(31,686)
Net current assets
35,758 
Net assets
37,607 
Capital and reserves
Called up share capital
1 
Profit and loss account
37,606 
Shareholders' funds
37,607 
For the period 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 director acknowledges her 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 and authorised for issue on 6 February 2025 and were signed on its behalf by
Miss A Fitzsimons Director Company Registration No. 14857698
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Projects (NW) Ltd Notes to the Accounts for the period from 9 May 2023 to 31 May 2024
1
Statutory information
Projects (NW) Ltd is a private company, limited by shares, registered in England and Wales, registration number 14857698. The registered office is 6 Elwy Gardens, Llandudno, Gwynedd, LL30 1NX, Wales.
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 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:
Motor vehicles
25% Reducing Balance
Computer equipment
25% Straight Line
4
Tangible fixed assets
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 9 May 2023
- 
- 
- 
Additions
1,950 
515 
2,465 
At 31 May 2024
1,950 
515 
2,465 
Depreciation
Charge for the period
487 
129 
616 
At 31 May 2024
487 
129 
616 
Net book value
At 31 May 2024
1,463 
386 
1,849 
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Projects (NW) Ltd Notes to the Accounts for the period from 9 May 2023 to 31 May 2024
5
Debtors
2024 
£ 
Amounts falling due within one year
VAT
2,428 
Trade debtors
23,021 
25,449 
Amounts falling due after more than one year
Other debtors
2,188 
6
Creditors: amounts falling due within one year
2024 
£ 
Taxes and social security
13,651 
Loans from directors
16,835 
Accruals
1,200 
31,686 
7
Average number of employees
During the period the average number of employees was 0.
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