2023-10-012024-09-302024-09-30false10365459PROJECT ENTITY LTD2025-06-1068100falseiso4217:GBPxbrli:pure103654592023-10-01103654592024-09-30103654592023-10-012024-09-30103654592022-10-01103654592023-09-30103654592022-10-012023-09-3010365459bus:SmallEntities2023-10-012024-09-3010365459bus:AuditExempt-NoAccountantsReport2023-10-012024-09-3010365459bus:FullAccounts2023-10-012024-09-3010365459bus:PrivateLimitedCompanyLtd2023-10-012024-09-3010365459core:WithinOneYear2024-09-3010365459core:AfterOneYear2024-09-3010365459core:WithinOneYear2023-09-3010365459core:AfterOneYear2023-09-3010365459core:ShareCapital2024-09-3010365459core:SharePremium2024-09-3010365459core:RevaluationReserve2024-09-3010365459core:OtherReservesSubtotal2024-09-3010365459core:RetainedEarningsAccumulatedLosses2024-09-3010365459core:ShareCapital2023-09-3010365459core:SharePremium2023-09-3010365459core:RevaluationReserve2023-09-3010365459core:OtherReservesSubtotal2023-09-3010365459core:RetainedEarningsAccumulatedLosses2023-09-3010365459core:LandBuildings2024-09-3010365459core:PlantMachinery2024-09-3010365459core:Vehicles2024-09-3010365459core:FurnitureFittings2024-09-3010365459core:OfficeEquipment2024-09-3010365459core:NetGoodwill2024-09-3010365459core:IntangibleAssetsOtherThanGoodwill2024-09-3010365459core:ListedExchangeTraded2024-09-3010365459core:UnlistedNon-exchangeTraded2024-09-3010365459core:LandBuildings2023-09-3010365459core:PlantMachinery2023-09-3010365459core:Vehicles2023-09-3010365459core:FurnitureFittings2023-09-3010365459core:OfficeEquipment2023-09-3010365459core:NetGoodwill2023-09-3010365459core:IntangibleAssetsOtherThanGoodwill2023-09-3010365459core:ListedExchangeTraded2023-09-3010365459core:UnlistedNon-exchangeTraded2023-09-3010365459core:LandBuildings2023-10-012024-09-3010365459core:PlantMachinery2023-10-012024-09-3010365459core:Vehicles2023-10-012024-09-3010365459core:FurnitureFittings2023-10-012024-09-3010365459core:OfficeEquipment2023-10-012024-09-3010365459core:NetGoodwill2023-10-012024-09-3010365459core:IntangibleAssetsOtherThanGoodwill2023-10-012024-09-3010365459core:ListedExchangeTraded2023-10-012024-09-3010365459core:UnlistedNon-exchangeTraded2023-10-012024-09-3010365459core:MoreThanFiveYears2023-10-012024-09-3010365459core:Non-currentFinancialInstruments2024-09-3010365459core:Non-currentFinancialInstruments2023-09-3010365459dpl:CostSales2023-10-012024-09-3010365459dpl:DistributionCosts2023-10-012024-09-3010365459core:LandBuildings2023-10-012024-09-3010365459core:PlantMachinery2023-10-012024-09-3010365459core:Vehicles2023-10-012024-09-3010365459core:FurnitureFittings2023-10-012024-09-3010365459core:OfficeEquipment2023-10-012024-09-3010365459dpl:AdministrativeExpenses2023-10-012024-09-3010365459core:NetGoodwill2023-10-012024-09-3010365459core:IntangibleAssetsOtherThanGoodwill2023-10-012024-09-3010365459dpl:GroupUndertakings2023-10-012024-09-3010365459dpl:ParticipatingInterests2023-10-012024-09-3010365459dpl:GroupUndertakingscore:ListedExchangeTraded2023-10-012024-09-3010365459core:ListedExchangeTraded2023-10-012024-09-3010365459dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-10-012024-09-3010365459core:UnlistedNon-exchangeTraded2023-10-012024-09-3010365459dpl:CostSales2022-10-012023-09-3010365459dpl:DistributionCosts2022-10-012023-09-3010365459core:LandBuildings2022-10-012023-09-3010365459core:PlantMachinery2022-10-012023-09-3010365459core:Vehicles2022-10-012023-09-3010365459core:FurnitureFittings2022-10-012023-09-3010365459core:OfficeEquipment2022-10-012023-09-3010365459dpl:AdministrativeExpenses2022-10-012023-09-3010365459core:NetGoodwill2022-10-012023-09-3010365459core:IntangibleAssetsOtherThanGoodwill2022-10-012023-09-3010365459dpl:GroupUndertakings2022-10-012023-09-3010365459dpl:ParticipatingInterests2022-10-012023-09-3010365459dpl:GroupUndertakingscore:ListedExchangeTraded2022-10-012023-09-3010365459core:ListedExchangeTraded2022-10-012023-09-3010365459dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-10-012023-09-3010365459core:UnlistedNon-exchangeTraded2022-10-012023-09-3010365459core:NetGoodwill2024-09-3010365459core:IntangibleAssetsOtherThanGoodwill2024-09-3010365459core:LandBuildings2024-09-3010365459core:PlantMachinery2024-09-3010365459core:Vehicles2024-09-3010365459core:FurnitureFittings2024-09-3010365459core:OfficeEquipment2024-09-3010365459core:AfterOneYear2024-09-3010365459core:WithinOneYear2024-09-3010365459core:ListedExchangeTraded2024-09-3010365459core:UnlistedNon-exchangeTraded2024-09-3010365459core:ShareCapital2024-09-3010365459core:SharePremium2024-09-3010365459core:RevaluationReserve2024-09-3010365459core:OtherReservesSubtotal2024-09-3010365459core:RetainedEarningsAccumulatedLosses2024-09-3010365459core:NetGoodwill2023-09-3010365459core:IntangibleAssetsOtherThanGoodwill2023-09-3010365459core:LandBuildings2023-09-3010365459core:PlantMachinery2023-09-3010365459core:Vehicles2023-09-3010365459core:FurnitureFittings2023-09-3010365459core:OfficeEquipment2023-09-3010365459core:AfterOneYear2023-09-3010365459core:WithinOneYear2023-09-3010365459core:ListedExchangeTraded2023-09-3010365459core:UnlistedNon-exchangeTraded2023-09-3010365459core:ShareCapital2023-09-3010365459core:SharePremium2023-09-3010365459core:RevaluationReserve2023-09-3010365459core:OtherReservesSubtotal2023-09-3010365459core:RetainedEarningsAccumulatedLosses2023-09-3010365459core:NetGoodwill2022-10-0110365459core:IntangibleAssetsOtherThanGoodwill2022-10-0110365459core:LandBuildings2022-10-0110365459core:PlantMachinery2022-10-0110365459core:Vehicles2022-10-0110365459core:FurnitureFittings2022-10-0110365459core:OfficeEquipment2022-10-0110365459core:AfterOneYear2022-10-0110365459core:WithinOneYear2022-10-0110365459core:ListedExchangeTraded2022-10-0110365459core:UnlistedNon-exchangeTraded2022-10-0110365459core:ShareCapital2022-10-0110365459core:SharePremium2022-10-0110365459core:RevaluationReserve2022-10-0110365459core:OtherReservesSubtotal2022-10-0110365459core:RetainedEarningsAccumulatedLosses2022-10-0110365459core:AfterOneYear2023-10-012024-09-3010365459core:WithinOneYear2023-10-012024-09-3010365459core:Non-currentFinancialInstrumentscore:CostValuation2023-10-012024-09-3010365459core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-10-012024-09-3010365459core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-10-012024-09-3010365459core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-10-012024-09-3010365459core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-10-012024-09-3010365459core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-10-012024-09-3010365459core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-10-012024-09-3010365459core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-10-012024-09-3010365459core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-10-012024-09-3010365459core:Non-currentFinancialInstrumentscore:CostValuation2024-09-3010365459core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2024-09-3010365459core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2024-09-3010365459core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2024-09-3010365459core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2024-09-3010365459core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2024-09-3010365459core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2024-09-3010365459core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2024-09-3010365459core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2024-09-3010365459core:Non-currentFinancialInstrumentscore:CostValuation2023-09-3010365459core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-09-3010365459core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-09-3010365459core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-09-3010365459core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-09-3010365459core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-09-3010365459core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-09-3010365459core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-09-3010365459core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-09-3010365459bus:Director12023-10-012024-09-3010365459bus:Director22023-10-012024-09-3010365459bus:Director32023-10-012024-09-3010365459bus:Director42023-10-012024-09-30

PROJECT ENTITY LTD

Registered Number
10365459
(England and Wales)

Unaudited Financial Statements for the Year ended
30 September 2024

PROJECT ENTITY LTD
Company Information
for the year from 1 October 2023 to 30 September 2024

Directors

BONAY, Emilie Jacqueline Ann
BONAY, Lea Elizabeth
Louis-Olivier Philippe Bonay
BONAY, Philippa Ann

Registered Address

42 Gainsborough
Milborne Port
Sherborne
DT9 5BD

Registered Number

10365459 (England and Wales)
PROJECT ENTITY LTD
Balance Sheet as at
30 September 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets38,73911,626
8,73911,626
Current assets
Debtors415,32035,106
Cash at bank and on hand60,49460,014
75,81495,120
Creditors amounts falling due within one year5(6,881)(15,045)
Net current assets (liabilities)68,93380,075
Total assets less current liabilities77,67291,701
Creditors amounts falling due after one year6(3,996)(7,601)
Net assets73,67684,100
Capital and reserves
Called up share capital100100
Profit and loss account73,57684,000
Shareholders' funds73,67684,100
The financial statements were approved and authorised for issue by the Board of Directors on 10 June 2025, and are signed on its behalf by:
Louis-Olivier Philippe Bonay
Director
Registered Company No. 10365459
PROJECT ENTITY LTD
Notes to the Financial Statements
for the year ended 30 September 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Revenue from sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Employee benefits
Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Reducing balance (%)Straight line (years)
Land and buildings-10
Fixtures and fittings25-
Office Equipment25-
2.Average number of employees

20242023
Average number of employees during the year22
3.Tangible fixed assets

Land & buildings

Office Equipment

Total

£££
Cost or valuation
At 01 October 234,37521,56625,941
Additions-5,7395,739
At 30 September 244,37527,30531,680
Depreciation and impairment
At 01 October 232,51311,80214,315
Charge for year8747,7528,626
At 30 September 243,38719,55422,941
Net book value
At 30 September 249887,7518,739
At 30 September 231,8629,76411,626
4.Debtors: amounts due within one year

2024

2023

££
Trade debtors / trade receivables13,82232,140
Other debtors170-
Prepayments and accrued income1,3282,966
Total15,32035,106
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
5.Creditors: amounts due within one year

2024

2023

££
Amounts owed to related parties909143
Taxation and social security4,48113,585
Accrued liabilities and deferred income1,4911,317
Total6,88115,045
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
6.Creditors: amounts due after one year

2024

2023

££
Bank borrowings and overdrafts3,9967,601
Total3,9967,601