6 false false false false false false false false false false true false false false false false false No description of principal activity 2024-09-01 Sage Accounts Production Advanced 2024 - FRS102_2024 108,935 95,535 6,500 102,035 6,900 13,400 xbrli:pure xbrli:shares iso4217:GBP 10247380 2024-09-01 2025-08-31 10247380 2025-08-31 10247380 2024-08-31 10247380 2023-09-01 2024-08-31 10247380 2024-08-31 10247380 2023-08-31 10247380 core:NetGoodwill 2024-09-01 2025-08-31 10247380 bus:OrdinaryShareClass1 2024-09-01 2025-08-31 10247380 bus:OrdinaryShareClass2 2024-09-01 2025-08-31 10247380 bus:OrdinaryShareClass3 2024-09-01 2025-08-31 10247380 bus:OrdinaryShareClass4 2024-09-01 2025-08-31 10247380 bus:Director1 2024-09-01 2025-08-31 10247380 core:NetGoodwill 2024-08-31 10247380 core:NetGoodwill 2025-08-31 10247380 core:LandBuildings core:LongLeaseholdAssets 2024-08-31 10247380 core:PlantMachinery 2024-08-31 10247380 core:FurnitureFittings 2024-08-31 10247380 core:MotorVehicles 2024-08-31 10247380 core:LandBuildings core:LongLeaseholdAssets 2025-08-31 10247380 core:PlantMachinery 2025-08-31 10247380 core:FurnitureFittings 2025-08-31 10247380 core:MotorVehicles 2025-08-31 10247380 core:LandBuildings core:LongLeaseholdAssets 2024-09-01 2025-08-31 10247380 core:PlantMachinery 2024-09-01 2025-08-31 10247380 core:FurnitureFittings 2024-09-01 2025-08-31 10247380 core:MotorVehicles 2024-09-01 2025-08-31 10247380 core:WithinOneYear 2025-08-31 10247380 core:WithinOneYear 2024-08-31 10247380 core:AfterOneYear 2025-08-31 10247380 core:AfterOneYear 2024-08-31 10247380 core:ShareCapital 2025-08-31 10247380 core:ShareCapital 2024-08-31 10247380 core:RetainedEarningsAccumulatedLosses 2025-08-31 10247380 core:RetainedEarningsAccumulatedLosses 2024-08-31 10247380 core:NetGoodwill 2024-08-31 10247380 core:LandBuildings core:LongLeaseholdAssets 2024-08-31 10247380 core:PlantMachinery 2024-08-31 10247380 core:FurnitureFittings 2024-08-31 10247380 core:MotorVehicles 2024-08-31 10247380 core:LeasedAssetsHeldAsLessee core:MotorVehicles 2025-08-31 10247380 core:LeasedAssetsHeldAsLessee core:MotorVehicles 2024-08-31 10247380 bus:SmallEntities 2024-09-01 2025-08-31 10247380 bus:AuditExempt-NoAccountantsReport 2024-09-01 2025-08-31 10247380 bus:SmallCompaniesRegimeForAccounts 2024-09-01 2025-08-31 10247380 bus:PrivateLimitedCompanyLtd 2024-09-01 2025-08-31 10247380 bus:FullAccounts 2024-09-01 2025-08-31 10247380 bus:OrdinaryShareClass1 2024-08-31 10247380 bus:OrdinaryShareClass2 2025-08-31 10247380 bus:OrdinaryShareClass3 2025-08-31 10247380 bus:OrdinaryShareClass4 2025-08-31 10247380 bus:AllOrdinaryShares 2025-08-31 10247380 bus:AllOrdinaryShares 2024-08-31 10247380 core:OfficeEquipment 2024-08-31 10247380 core:OfficeEquipment 2025-08-31 10247380 core:OfficeEquipment 2024-09-01 2025-08-31
COMPANY REGISTRATION NUMBER: 10247380

PROJECT ONE ENGLAND LTD

FILLETED UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 August 2025

PROJECT ONE ENGLAND LTD

BALANCE SHEET

31 August 2025

| 2025 | 2024
Note | £ | £

Fixed assets

Intangible assets | 5 | 6,900 | 13,400
Tangible assets | 6 | 386,052 | 377,538
| -------- | --------
| 392,952 | 390,938

Current assets

Debtors | 7 | 55,212 | 39,815
Cash at bank and in hand | 25,682 | 9,989
| ------- | -------
| 80,894 | 49,804

Creditors: amounts falling due within one year | 8 | 274,074 | 250,329
| -------- | --------
Net current liabilities | 193,180 | 200,525
| -------- | --------
Total assets less current liabilities | 199,772 | 190,413

Creditors: amounts falling due after more than one year | 9 | 186,224 | 167,537
| -------- | --------
Net assets | 13,548 | 22,876
| -------- | --------

Capital and reserves

Called up share capital | 10 | 12 | 8
Profit and loss account | 13,536 | 22,868
| ------- | -------
Shareholders funds | 13,548 | 22,876
| ------- | -------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the profit and loss account has not been delivered.
For the year ending 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 18 March 2026 , and are signed on behalf of the board by:

Mr S Garrad |
Director |

Company registration number: 10247380

PROJECT ONE ENGLAND LTD

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 AUGUST 2025
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 41 Springhill Road, Grendon Underwood, Aylesbury, Buckinghamshire, HP18 0TG, England.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss. The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates. When cash inflows are deferred and represent a financing arrangement, the fair value of the consideration is the present value of the future receipts. The difference between the fair value of the consideration and the nominal amount received is recognised as interest income. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer (usually on dispatch of the goods), the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably. Revenue from contracts for the provision of professional services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. The stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff rates and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that it is probable will be recovered.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Operating leases
Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.
Goodwill
Goodwill arises on business acquisitions and represents the excess of the cost of the acquisition over the company's interest in the net amount of the identifiable assets, liabilities and contingent liabilities of the acquired business. Goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. It is amortised on a straight-line basis over its useful life. Where a reliable estimate of the useful life of goodwill or intangible assets cannot be made, the life is presumed not to exceed ten years.
Amortisation
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

| Goodwill | - | 5 years

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

| Long leasehold property | - | over life of lease
| Plant and machinery | - | 15% reducing balance
| Fixtures and fittings | - | 15% reducing balance
| Motor vehicles | - | 20%-33% reducing balance
| Equipment | - | 25% reducing balance

Impairment of fixed assets
At each reporting period end date, the company reviews the carrying amounts of its tangible and intangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs. Recoverable amount is the higher of fair value less costs to sell and value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset for which the estimates of future cash flows have not been adjusted. If the recoverable amount of an asset (or cash-generating unit) is estimated to be less than its carrying amount, the carrying amount of the asset (or cash-generating unit) is reduced to its recoverable amount. An impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the impairment loss is treated as a revaluation decrease. Recognised impairment losses are reversed if, and only if, the reasons for the impairment loss have ceased to apply. Where an impairment loss subsequently reverses, the carrying amount of the asset (or cash-generating unit) is increased to the revised estimate of its recoverable amount, but so that the increased carrying amount does not exceed the carrying amount that would have been determined had no impairment loss been recognised for the asset (or cash-generating unit) in prior years. A reversal of an impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the reversal of the impairment loss is treated as a revaluation increase.
Finance leases and hire purchase contracts
Assets held under finance leases and hire purchase contracts are recognised in the balance sheet as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.
Financial instruments
The company has chosen to adopt sections 11 and 12 of FRS 102 in respect of financial instruments. Basic financial assets, which include trade and other receivables, loans to fellow group companies and other related entities and cash and bank balances, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Such assets are subsequently carried at amortised cost using the effective interest method. At the end of each reporting period financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired the impairment loss is the difference between the carrying amount and the present value of estimated cash flows discounted at the asset's original effective interest rate. The impairment loss is recognised in profit or loss. Basic financial liabilities, which include trade and other payables and loans from fellow group undertakings, loans from fellow group companies and other related entities and cash and bank balances, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. Trade payables are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if payment is due within one year of less. If not, then they are presented as non-current liabilities. Trade payables are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method. Financial liabilities are derecognised when the liability is extinguished, that is when the contractual obligation is discharged, cancelled or expires.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 6 (2024: 6 ).
5. Intangible assets

| Goodwill
| £
Cost |
At 1 September 2024 and 31 August 2025 | 108,935
| --------
Amortisation |
At 1 September 2024 | 95,535
Charge for the year | 6,500
| --------
At 31 August 2025 | 102,035
| --------
Carrying amount |
At 31 August 2025 | 6,900
| --------
At 31 August 2024 | 13,400
| --------

6. Tangible assets

| Long leasehold property | Plant and machinery | Fixtures and fittings | Motor vehicles | Equipment | Total
| £ | £ | £ | £ | £ | £
Cost |  |  |  |  |  |
At 1 Sep 2024 | 109,418 | 16,286 | 12,657 | 484,765 | 19,630 | 642,756
Additions | – | – | – | 147,210 | – | 147,210
Disposals | – | – | – | ( 89,889) | – | ( 89,889)
| -------- | ------- | ------- | -------- | ------- | --------
At 31 Aug 2025 | 109,418 | 16,286 | 12,657 | 542,086 | 19,630 | 700,077
| -------- | ------- | ------- | -------- | ------- | --------
Depreciation |  |  |  |  |  |
At 1 Sep 2024 | 67,095 | 6,149 | 5,226 | 174,544 | 12,204 | 265,218
Charge for the year | 23,640 | 1,357 | 1,115 | 43,185 | 1,857 | 71,154
Disposals | – | – | – | ( 22,347) | – | ( 22,347)
| -------- | ------- | ------- | -------- | ------- | --------
At 31 Aug 2025 | 90,735 | 7,506 | 6,341 | 195,382 | 14,061 | 314,025
| -------- | ------- | ------- | -------- | ------- | --------
Carrying amount |  |  |  |  |  |
At 31 Aug 2025 | 18,683 | 8,780 | 6,316 | 346,704 | 5,569 | 386,052
| -------- | ------- | ------- | -------- | ------- | --------
At 31 Aug 2024 | 42,323 | 10,137 | 7,431 | 310,221 | 7,426 | 377,538
| -------- | ------- | ------- | -------- | ------- | --------

Finance leases and hire purchase contracts
Included within the carrying value of tangible assets are the following amounts relating to assets held under finance leases or hire purchase agreements:

| Motor vehicles
| £
At 31 August 2025 | 268,878
| --------
At 31 August 2024 | 202,882
| --------

7. Debtors

| 2025 | 2024
| £ | £
Trade debtors | 55,212 | 35,815
Other debtors | – | 4,000
| ------- | -------
| 55,212 | 39,815
| ------- | -------

8. Creditors: amounts falling due within one year

| 2025 | 2024
| £ | £
Corporation tax | 9,163 | 6,754
Social security and other taxes | 12,827 | 22,608
Other creditors | 252,084 | 220,967
| -------- | --------
| 274,074 | 250,329
| -------- | --------

The aggregate amount of secured liabilities falling due within one year amount to £48,344 (2024: £34,465), the liabilities are secured on the assets to which they relate.
9. Creditors: amounts falling due after more than one year

| 2025 | 2024
| £ | £
Other creditors | 186,224 | 167,537
| -------- | --------

The aggregate amount of secured liabilities falling due over one year amount to £186,224 (2024: £167,537), the liabilities are secured on the assets to which they relate.
10. Called up share capital
Issued, called up and fully paid

| 2025 | 2024
| No. | £ | No. | £
Ordinary shares of £ 1 each | – | – | 8 | 8
Ordinary A shares of £ 1 each | 4 | 4 | – | –
Ordinary B shares of £ 1 each | 4 | 4 | – | –
Ordinary C shares of £ 1 each | 4 | 4 | – | –
| ---- | ---- | ---- | ----
| 12 | 12 | 8 | 8
| ---- | ---- | ---- | ----

11. Operating leases
The total future minimum lease payments under non-cancellable operating leases are as follows:

| 2025 | 2024
| £ | £
Not later than 1 year | – | 20,000
| ---- | -------