REGISTERED NUMBER: 10159047 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 May 2025

for

Moores Projects Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

P Clark

REGISTERED OFFICE:

Airport House

Suite 43 - 45

Purley Way

Croydon

Surrey

CR0 0XZ

REGISTERED NUMBER:

10159047 (England and Wales)

ACCOUNTANTS:

Ledger Sparks Limited

Airport House

Suite 43-45

Purley Way

Croydon

CR0 0XZ

Fixed assets

Intangible assets

4

1,434

1,664

Tangible assets

5

6,327

3,315

7,761

4,979

Current assets

Debtors

6

174,303

37,765

Cash at bank

101,247

84,013

275,550

121,778

Creditors

Amounts falling due within one year

7

(112,252

)

(52,260

)

Net current assets

163,298

69,518

Total assets less current liabilities

171,059

74,497

Provisions for liabilities

8

(1,940

)

(946

)

Net assets

169,119

73,551

Capital and reserves

Called up share capital

100

100

Retained earnings

9

169,019

73,451

169,119

73,551

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 17 December 2025 and were signed by:

P Clark - Director

1.	STATUTORY INFORMATION

Moores Projects 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.

The presentation currency of the financial statements is the Pound Sterling (£).

The company's principal activity during the year continued to be that of project and construction management services.

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.

TURNOVER

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. 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.

INTANGIBLE ASSETS

Intangible assets acquired separately from a business are recognised at cost and are subsequently measured at cost less accumulated amortisation and accumulated impairment losses.

Intangible assets acquired on business combinations are recognised separately from goodwill at the acquisition date where it is probable that the expected future economic benefits that are attributable to the asset will flow to the entity and the fair value of the asset can be measured reliably.

Amortisation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Website development costs 10 years

TANGIBLE FIXED ASSETS

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Fixtures and fittings

20% reducing balance

Computer equipment

33.33% straight line

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

FINANCIAL INSTRUMENTS

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities such as trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

TAXATION

The tax expense represents the sum of the tax currently payable and deferred tax.

CURRENT TAX

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

DEFERRED TAX

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

GOING CONCERN

At the time of approving the financial statements, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the director continues to adopt the going concern basis of accounting in preparing the financial statements.

PROVISIONS FOR LIABILITIES

Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit and a reliable estimate can be made of the amount of the obligation.

Provisions are charged as an expense to the statement of income and retained earnings in the year that the company becomes aware of the obligation and are measured at the best estimate at the Balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.

When payments are eventually made, they are charged to the provision carried in Balance sheet.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	INTANGIBLE FIXED ASSETS

Website

development

£

COST

At 1 June 2024

and 31 May 2025

2,295

AMORTISATION

At 1 June 2024

631

Amortisation for year

230

At 31 May 2025

861

NET BOOK VALUE

At 31 May 2025

1,434

At 31 May 2024

1,664

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 June 2024

367

5,744

6,111

Additions

1,410

4,516

5,926

Disposals

(117

)

-

(117

)

At 31 May 2025

1,660

10,260

11,920

DEPRECIATION

At 1 June 2024

24

2,772

2,796

Charge for year

116

2,692

2,808

Eliminated on disposal

(11

)

-

(11

)

At 31 May 2025

129

5,464

5,593

NET BOOK VALUE

At 31 May 2025

1,531

4,796

6,327

At 31 May 2024

343

2,972

3,315

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

173,383

29,464

Amounts owed by associates

-

7,168

Other debtors

920

1,133

174,303

37,765

The director considers the carrying value of trade and other receivables approximate to their fair values.

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

77,961

21,309

Amounts owed to associates

2,577

-

Taxation and social security

26,688

28,683

Other creditors

5,026

2,268

112,252

52,260

The director considers the carrying amounts of current liabilities approximate to their fair values.

8.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

1,940

946

Deferred

tax

£

Balance at 1 June 2024

946

Provided during year

994

Balance at 31 May 2025

1,940

9.

RESERVES

PROFIT AND LOSS RESERVES

The Profit and loss account comprises all current and prior period retained profit and losses after deducting any distributions made to the company's shareholders. This is a distributable reserve.

10.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 May 2025 and 31 May 2024:

2025

2024

£

£

P Clark

Balance outstanding at start of year

(518

)

(49

)

Amounts advanced

-

204

Amounts repaid

(2,166

)

(673

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(2,684

)

(518

)

11.	RELATED PARTY DISCLOSURES

As at the balance sheet date included in other creditors were the amounts of £2,684 (2024 - £518) due to the directors.This loan is interest free and repayable on demand.

At the balance sheet date, creditors includes amounts payable to associated company - Paul Clark Consulting Limited of £2,577 (2024 - £7,168 included in other debtors).