PROJECTS 2000 (BICKENHILL) LIMITED - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 05890138 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2019

FOR

PROJECTS 2000 (BICKENHILL) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

M J Harris

SECRETARY:

P C R Harris

REGISTERED OFFICE:

Ross Green

Wichenford

Worcestershire

WR6 6YU

REGISTERED NUMBER:

05890138 (England and Wales)

CURRENT ASSETS

Debtors

4

21,727

21,727

CREDITORS

Amounts falling due within one year

5

(698

)

(698

)

NET CURRENT ASSETS

21,029

21,029

TOTAL ASSETS LESS CURRENT LIABILITIES

21,029

21,029

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

21,028

21,028

SHAREHOLDERS' FUNDS

21,029

21,029

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2019 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 19 November 2020 and were signed by:

M J Harris - Director

1.	STATUTORY INFORMATION

Projects 2000 (Bickenhill) Limited is a private company, limited by shares, incorporated in England and Wales, registration number 05890138. The address of the registered office is Ross Green, Rosses Lane,Wichenford, Worcester, England.

The financial statments are presented in Pound Sterling (£).

2.	ACCOUNTING POLICIES

Dormant status

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.

The company was dormant (within the meaning of section 480 of the Companies Act 2006) throughout the year ended 31 December 2018. The company has not traded during the financial year. During the year the company received no income and incurred no expenditure and therefore made neither profit nor loss.

Financial instruments

The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit or loss.

Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Debtors

Basic financial assets, including trade and other debtors, 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, less any impairment.

Creditors

Basic financial liabilities, including trade and other creditors, loans from third parties and loans from related parties, 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 payments discounted at a market rate of interest. Such instruments are subsequently carried at amortised cost using the effective interest method, less any impairment.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2018 - NIL).

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Amounts owed by group undertakings

21,567

21,567

Other debtors

160

160

21,727

21,727

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Other creditors

698

698