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REGISTERED NUMBER: 07063484 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025

FOR

VERSATILITY PROJECT MANAGEMENT LIMITED

VERSATILITY PROJECT MANAGEMENT LIMITED (REGISTERED NUMBER: 07063484) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| VERSATILITY PROJECT MANAGEMENT LIMITED |

COMPANY INFORMATION

FOR THE YEAR ENDED 31 MAY 2025

| DIRECTOR: | D Mountford

| REGISTERED OFFICE: | 7 Ffordd Maendy

| Parc Tyn Y Coed

| Sarn

| Bridgend

| Mid Glamorgan

| CF32 9EZ

| REGISTERED NUMBER: | 07063484 (England and Wales)

| ACCOUNTANTS: | Andrew Cross & Co.

| Chartered Certified Accountants

| 6 Green Lane Business Park

| 238 Green Lane

| New Eltham

| London

| SE9 3TL

VERSATILITY PROJECT MANAGEMENT LIMITED (REGISTERED NUMBER: 07063484) |

BALANCE SHEET

31 MAY 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 4 | 333 |  | 333 |  |

Tangible assets | 5 | 21,793 |  | 1,434 |  |

22,126 |  | 1,767 |  |

CURRENT ASSETS

Debtors | 6 | 26,977 |  | 16,774 |  |

Cash at bank and in hand | 103 |  | 5,571 |  |

27,080 |  | 22,345 |  |

CREDITORS

Amounts falling due within one year | 7 | 21,061 |  | 15,448 |  |

NET CURRENT ASSETS | 6,019 |  | 6,897 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 28,145 |  | 8,664 |  |

CREDITORS

Amounts falling due after more than one year | 8 | 27,851 |  | 8,405 |  |

NET ASSETS | 294 |  | 259 |  |

CAPITAL AND RESERVES

Called up share capital | 9 | 100 |  | 100 |  |

Retained earnings | 194 |  | 159 |  |

SHAREHOLDERS' FUNDS | 294 |  | 259 |  |

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.

VERSATILITY PROJECT MANAGEMENT LIMITED (REGISTERED NUMBER: 07063484) |

BALANCE SHEET - continued

31 MAY 2025

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 director and authorised for issue on 3 April 2026 and were signed by:

D Mountford - Director

VERSATILITY PROJECT MANAGEMENT LIMITED (REGISTERED NUMBER: 07063484) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2025

1. | STATUTORY INFORMATION

| Versatility 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.

| Turnover

| Turnover represents invoiced work for completed projects in the year together with the relevant proportion of work in progress at the year end date and taking into account work in progress already completed at the start of the financial year, exclusive of value added tax.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

| Plant and machinery etc | - | 25% on reducing balance and 20% on reducing balance

| Hire purchase and leasing commitments

| Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

| The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

| 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.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 2 (2024 - 2 ) .

4. | INTANGIBLE FIXED ASSETS

| Other

| intangible

| assets

£ |

| COST

| At 1 June 2024

| and 31 May 2025 | 333 |  |

| NET BOOK VALUE

| At 31 May 2025 | 333 |  |

| At 31 May 2024 | 333 |  |

VERSATILITY PROJECT MANAGEMENT LIMITED (REGISTERED NUMBER: 07063484) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MAY 2025

5. | TANGIBLE FIXED ASSETS

| Plant and

| machinery

| etc

£ |

| COST

| At 1 June 2024 | 5,024 |  |

| Additions | 27,623 |  |

| At 31 May 2025 | 32,647 |  |

| DEPRECIATION

| At 1 June 2024 | 3,590 |  |

| Charge for year | 7,264 |  |

| At 31 May 2025 | 10,854 |  |

| NET BOOK VALUE

| At 31 May 2025 | 21,793 |  |

| At 31 May 2024 | 1,434 |  |

| Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

| Plant and

| machinery

| etc

£ |

| COST

| Additions | 27,499 |  |

| At 31 May 2025 | 27,499 |  |

| DEPRECIATION

| Charge for year | 6,875 |  |

| At 31 May 2025 | 6,875 |  |

| NET BOOK VALUE

| At 31 May 2025 | 20,624 |  |

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade debtors | 3,360 |  | 2,493 |  |

| Other debtors | 23,617 |  | 14,281 |  |

26,977 |  | 16,774 |  |

VERSATILITY PROJECT MANAGEMENT LIMITED (REGISTERED NUMBER: 07063484) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MAY 2025

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Bank loans and overdrafts | 2,145 |  | 4,259 |  |

| Hire purchase contracts | 3,726 |  | - |  |

| Taxation and social security | 13,144 |  | 9,880 |  |

| Other creditors | 2,046 |  | 1,309 |  |

21,061 |  | 15,448 |  |

8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2025 | 2024 |

£ | £ |

| Bank loans | 8,684 |  | 8,405 |  |

| Hire purchase contracts | 19,167 |  | - |  |

27,851 |  | 8,405 |  |

9. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2025 | 2024 |

| value: | £ | £ |

| 100 | Ordinary | £1 | 100 |  | 100 |  |

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 |

£ | £ |

| D Mountford

| Balance outstanding at start of year | 11,041 |  | 10,643 |  |

| Amounts advanced | 9,096 |  | 398 |  |

| Amounts repaid | (4,000 | ) | - |  |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | 16,137 |  | 11,041 |  |