Company registration number 12246038 (England and Wales)
THE COMMON PROJECT LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2025
PAGES FOR FILING WITH REGISTRAR
THE COMMON PROJECT LIMITED
BALANCE SHEET
AS AT 31 OCTOBER 2025
31 October 2025
- 1 -
2025
2024
£
£
£
£
Fixed assets
114,324
116,706
Current assets
25,765
30,488
Creditors: amounts falling due within one year
(89,384)
(86,150)
Net current liabilities
(63,619)
(55,662)
Total assets less current liabilities
50,705
61,044
Creditors: amounts falling due after more than one year
(75,000)
(75,000)
Net liabilities
(24,295)
(13,956)
Capital and reserves
(24,295)
(13,956)
Notes to the financial statements
1
Directors' benefits: advances, credit and guarantees
The companies balance sheet discloses net current liabilities as above at 31st October 2025. The company continues to be supported by its directors and the is expected to continue for the foreseeable future.
2
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2025
2024
Number
Number
Employees
1
1
3
Going concern
Included within current liabilities at 31st October 2025 are loans from directors totalling £88,556. These loans are interest free and repayable on demand.
The Common Project Limited is a private company limited by shares incorporated in England and Wales. The registered office is Newstead House, Pelham Road, Nottingham, NG5 1AP.
For the year ended 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
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 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 COMMON PROJECT LIMITED
BALANCE SHEET (CONTINUED)
AS AT 31 OCTOBER 2025
31 October 2025
- 2 -
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime', and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true
The financial statements were approved by the board of directors and authorised for issue on 22 July 2026 and are signed on its behalf by:
E E Bech
Director
Company registration number 12246038 (England and Wales)