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REGISTERED NUMBER: 05121067 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

SUTTON PROJECT MANAGEMENT LIMITED
T/A
SUTTON POWER ENGINEERING

SUTTON PROJECT MANAGEMENT LIMITED (REGISTERED NUMBER: 05121067)
T/A SUTTON POWER ENGINEERING






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SUTTON PROJECT MANAGEMENT LIMITED
T/A SUTTON POWER ENGINEERING

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2024







DIRECTORS: R Sutton
Mrs K Sutton





SECRETARY: R Sutton





REGISTERED OFFICE: Priory Works, Mosswood
Crowle
SCUNTHORPE
DN17 4BY





REGISTERED NUMBER: 05121067 (England and Wales)

SUTTON PROJECT MANAGEMENT LIMITED (REGISTERED NUMBER: 05121067)
T/A SUTTON POWER ENGINEERING

BALANCE SHEET
30 SEPTEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 622,879 656,544

CURRENT ASSETS
Stocks 491,001 630,503
Debtors 5 414,622 523,094
Cash at bank 969 76,042
906,592 1,229,639
CREDITORS
Amounts falling due within one year 6 706,544 969,163
NET CURRENT ASSETS 200,048 260,476
TOTAL ASSETS LESS CURRENT
LIABILITIES

822,927

917,020

CREDITORS
Amounts falling due after more than one year 7 (51,453 ) (88,731 )

PROVISIONS FOR LIABILITIES (10,663 ) (17,003 )
NET ASSETS 760,811 811,286

CAPITAL AND RESERVES
Called up share capital 200 200
Share premium 39,900 39,900
Retained earnings 720,711 771,186
SHAREHOLDERS' FUNDS 760,811 811,286

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

SUTTON PROJECT MANAGEMENT LIMITED (REGISTERED NUMBER: 05121067)
T/A SUTTON POWER ENGINEERING

BALANCE SHEET - continued
30 SEPTEMBER 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 June 2025 and were signed on its behalf by:





R Sutton - Director


SUTTON PROJECT MANAGEMENT LIMITED (REGISTERED NUMBER: 05121067)
T/A SUTTON POWER ENGINEERING

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1. STATUTORY INFORMATION

Sutton Project Management Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The financial statements have been prepared under the going concern basis on the assumption of the continued financial support of the directors.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Land and buildings is shown at cost. The directors feel the fair value is currently greater than the accumulated costs within the accounts and for this reason no depreciation has been charged.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

SUTTON PROJECT MANAGEMENT LIMITED (REGISTERED NUMBER: 05121067)
T/A SUTTON POWER ENGINEERING

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2023 - 14 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and
property machinery fittings
£    £    £   
COST
At 1 October 2023 534,725 34,170 16,973
Disposals - - -
At 30 September 2024 534,725 34,170 16,973
DEPRECIATION
At 1 October 2023 - 17,960 354
Charge for year - 2,432 4,155
Eliminated on disposal - - -
At 30 September 2024 - 20,392 4,509
NET BOOK VALUE
At 30 September 2024 534,725 13,778 12,464
At 30 September 2023 534,725 16,210 16,619

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 October 2023 125,413 22,738 734,019
Disposals (17,750 ) - (17,750 )
At 30 September 2024 107,663 22,738 716,269
DEPRECIATION
At 1 October 2023 46,114 13,047 77,475
Charge for year 18,489 2,505 27,581
Eliminated on disposal (11,666 ) - (11,666 )
At 30 September 2024 52,937 15,552 93,390
NET BOOK VALUE
At 30 September 2024 54,726 7,186 622,879
At 30 September 2023 79,299 9,691 656,544

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 406,575 484,541
Other debtors 8,047 38,553
414,622 523,094

SUTTON PROJECT MANAGEMENT LIMITED (REGISTERED NUMBER: 05121067)
T/A SUTTON POWER ENGINEERING

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 120,349 32,970
Trade creditors 146,215 430,588
Taxation and social security 58,186 111,876
Other creditors 381,794 393,729
706,544 969,163

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 51,453 88,731

8. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank overdraft 85,252 -
Bank loans 86,550 121,701
171,802 121,701

9. ULTIMATE CONTROLLING PARTY

The controlling party is Mr and Mrs Sutton.