REGISTERED NUMBER: 11632634 (England and Wales)

Unaudited Financial Statements

For The Period 24 March 2024 to 21 March 2025

for

The Bracknell Project Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

N J Hartwright

REGISTERED OFFICE:

C/O The Factory Project Ltd 4 Thameside

Factory Road

London

E16 2HB

REGISTERED NUMBER:

11632634 (England and Wales)

ACCOUNTANTS:

Fuller Spurling

Mill House

58 Guildford Street

Chertsey

Surrey

KT16 9BE

FIXED ASSETS

Tangible assets

4

27,781

-

CURRENT ASSETS

Debtors

5

180,341

164,583

Cash at bank

2,986

6,628

183,327

171,211

CREDITORS

Amounts falling due within one year

6

239,012

198,997

NET CURRENT LIABILITIES

(55,685

)

(27,786

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(27,904

)

(27,786

)

RESERVES

Income and expenditure account

(27,904

)

(27,786

)

(27,904

)

(27,786

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 21 March 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 21 March 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 surplus or deficit 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 5 June 2026 and were signed by:

N J Hartwright - Director

1.	STATUTORY INFORMATION

The Bracknell Project Ltd is a private company, limited by guarantee , 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 the rental and service income arising from the use of the premises provided by the company to its customers. Income is recognised on a time- elapsed basis where rental cover longer periods.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property

-

20% on cost

Equipment

-

25% on cost

Taxation

Taxation represents the sum of tax currently payable, and deferred tax if material.

The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax, where material, is recognised on all timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.

Leasing commitments

Rentals payable under operating lease agreements are charged to the profit and loss account evenly over the life of the leases.

Debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

Cash at bank and in hand

Cash at bank includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

Creditors

Creditors, provisions and accrued costs are recognised where the company has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to surplus or deficit on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Improvements

to

property

Equipment

Totals

£

£

£

COST

At 24 March 2024

69,863

1,674

71,537

Additions

27,781

-

27,781

At 21 March 2025

97,644

1,674

99,318

DEPRECIATION

At 24 March 2024

and 21 March 2025

69,863

1,674

71,537

NET BOOK VALUE

At 21 March 2025

27,781

-

27,781

At 23 March 2024

-

-

-

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

21.3.25

23.3.24

£

£

Trade debtors

12,724

5,534

Other debtors

154,254

159,049

Prepayments

13,363

-

180,341

164,583

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

21.3.25

23.3.24

£

£

Trade creditors

48,611

22,391

VAT

3,383

634

Other creditors

108,882

107,640

Directors' current accounts

178

178

Accruals and deferred income

77,958

68,154

239,012

198,997