REGISTERED NUMBER: 12157511 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 August 2025

for

1M Project Services Ltd.

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

C A Sims

REGISTERED OFFICE:

6 De Lucy Avenue

New Alresford

United Kingdom

Hampshire

SO24 9EU

REGISTERED NUMBER:

12157511 (England and Wales)

ACCOUNTANTS:

Butler & Co Alresford Limited

Chartered Accountants

The Old Stables

Sutton Manor Farm

Bishops Sutton

Alresford

Hampshire

SO24 0AA

FIXED ASSETS

Tangible assets

4

34,502

32,511

Investment property

5

34,976

34,976

69,478

67,487

CURRENT ASSETS

Stocks

15,426

-

Debtors

6

16,515

8,873

Cash at bank

84,364

57,904

116,305

66,777

CREDITORS

Amounts falling due within one year

7

76,310

45,798

NET CURRENT ASSETS

39,995

20,979

TOTAL ASSETS LESS CURRENT LIABILITIES

109,473

88,466

CREDITORS

Amounts falling due after more than one year

8

(2,500

)

(12,500

)

PROVISIONS FOR LIABILITIES

9

(6,484

)

(6,177

)

NET ASSETS

100,489

69,789

CAPITAL AND RESERVES

Called up share capital

10

1

1

Retained earnings

100,488

69,788

SHAREHOLDERS' FUNDS

100,489

69,789

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 18 August 2026 and were signed by:

C A Sims - Director

1.	STATUTORY INFORMATION

1M Project Services Ltd. 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Plant and machinery

-

20% reducing balance basis

Motor vehicles

-

25% reducing balance basis

Computer equipment

-

25% reducing balance basis

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

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

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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.

Revenue recognition

Debtors includes amounts recoverable on service contracts. Where the outcome of a transaction can be estimated reliably, revenue is recognised by reference to the stage of completion of the transaction at the balance sheet date (in accordance with FRS 102 paragraph 23.14).

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 September 2024

22,624

33,392

2,197

58,213

Additions

-

11,995

724

12,719

At 31 August 2025

22,624

45,387

2,921

70,932

DEPRECIATION

At 1 September 2024

11,039

13,186

1,477

25,702

Charge for year

2,317

8,050

361

10,728

At 31 August 2025

13,356

21,236

1,838

36,430

NET BOOK VALUE

At 31 August 2025

9,268

24,151

1,083

34,502

At 31 August 2024

11,585

20,206

720

32,511

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 September 2024

and 31 August 2025

34,976

NET BOOK VALUE

At 31 August 2025

34,976

At 31 August 2024

34,976

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

16,515

8,873

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

BBLS (Bounce Back Loan Scheme)

10,000

10,000

Corporation tax

29,160

15,253

VAT

8,538

5,022

Directors' current accounts

24,782

12,223

Accrued expenses

3,830

3,300

76,310

45,798

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

BBLS (Bounce Back Loan Scheme)

2,500

12,500

9.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

Accelerated capital allowances

6,484

6,177

Deferred

tax

£

Balance at 1 September 2024

6,177

Accelerated capital allowances

307

Balance at 31 August 2025

6,484

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

1

Ordinary

£1

1

1

11.	RELATED PARTY DISCLOSURES

During the year, total dividends of £22,514 (2024 - £12,600) were paid to the director .

Mr C A Sims

Director

2025

2024

£

£

Amount owed to related party at balance sheet date

24,782

12,223