ACCOUNTS - Final Accounts preparation

Registered number: 05292231

20/20 PROJECT MANAGEMENT LIMITED

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2025

20/20 PROJECT MANAGEMENT LIMITED

REGISTERED NUMBER: 05292231

BALANCE SHEET

AS AT 31 MARCH 2025

		2025		2024
Note		£		£


Current assets
Cash at bank and in hand		-		172
Current liabilities		-		172
Creditors: amounts falling due within one year	3	-		(7,665)
Net current assets/(liabilities)			-		(7,493)
Total assets less current liabilities			-		(7,493)

Net assets/(liabilities)			-		(7,493)

Capital and reserves
Called up share capital	8,493	1,000
Profit and loss account	(8,493)	(8,493)
	-	(7,493)

For the year ended 31 March 2025 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006.

Members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

T Vincent

Director

Date: 12 September 2025

The notes on pages 2 to 3 form part of these financial statements.

Page 1

20/20 PROJECT MANAGEMENT LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

1.	General information

20/20 Project Management Limited is a private company limited by shares and incorporated in England and Wales. The registered office is 6 Orchard Close, Oakley, Aylesbury, Buckinghamshire, HP18 9QR.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

2.2

Going concern

At the balance sheet date the Company had net liabilities of £nil (2024: £7,493). Following the restructuring on 28 March 2025, the Company will be dormant and therefore the accounts are not prepared on a going concern basis.

2.3

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.4

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the Company's Balance sheet when the Company becomes party to the contractual provisions of the instrument.

3.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Amounts owed to group undertakings	-	7,665
	-	7,665

Page 2

20/20 PROJECT MANAGEMENT LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

4.	Share capital
		2025	2024
		£	£

Allotted, called up and fully paid

8,493 (2024 - 1,000) Ordinary shares of £1.00 each	8,493	1,000

On 28 March 2025, 7,493 ordinary shares of £1.00 were issued at par.

5.	Related party transactions
	On 28 March 2025, as part of a group restructure, the Company issued 7,493 Ordinary £1 shares at par in part settlement of the amounts owed to group undertakings. At the year end £nil was due to 20/20 Business Group Limited.

6.	Controlling party

The controlling party is 20/20 Business Group Limited. The ultimate controlling parties are the Trustees of the 20/20 Employee Ownership Trust.

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