Accounts filed on 31-07-2015

Accounts filed on 31-07-2015

PROJECT H LTD - Company Information

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PROJECT H LTD

Company Registration Number:
07719812 (England and Wales)

Abbreviated (Unaudited) Accounts

Period of accounts

Start date: 01 August 2014

End date: 31 July 2015

PROJECT H LTD

Abbreviated Balance sheet

As at 31 July 2015


Notes
2015
£
2014
£
Fixed assets
Intangible assets: 0 0
Tangible assets: 2 126 298
Total fixed assets: 126 298
Current assets
Stocks: 0 0
Debtors: 450 324
Cash at bank and in hand: 3,190 2,764
Total current assets: 3,640 3,088
Net current assets (liabilities): 3,640 3,088
Total assets less current liabilities: 3,766 3,386
Creditors: amounts falling due after more than one year: ( 289 ) ( 870 )
Provision for liabilities: ( 34 ) ( 69 )
Total net assets (liabilities): 3,443 2,447

The notes form part of these financial statements

PROJECT H LTD

Balance sheet continued

As at 31 July 2015


Notes
2015
£
2014
£
Capital and reserves
Called up share capital: 3 1 1
Revaluation reserve: 0 0
Profit and loss account: 3,442 2,446
Shareholders funds: 3,443 2,447

For the year ending 31 July 2015 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

The financial statements were approved by the Board of Directors on 27 April 2016

SIGNED ON BEHALF OF THE BOARD BY:

Name: Ray Harris
Status: Director

The notes form part of these financial statements

PROJECT H LTD

Notes to the Abbreviated Accounts

for the Period Ended 31 July 2015

  • 1. Accounting policies

    Basis of measurement and preparation of accounts

    The financial statements have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective April 2008)

    Turnover policy

    The turnover shown in the profit and loss account represents revenue earned during the period, exclusive of VAT

    Tangible fixed assets depreciation policy

    Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the costs less the estimated residual value of each asset over its expected useful life, as follows:-
    25% Straight line basis

    Other accounting policies

    Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.


PROJECT H LTD

Notes to the Abbreviated Accounts

for the Period Ended 31 July 2015

  • 2. Tangible assets

    Total
    Cost £
    01 August 2014: 689
    Additions: 0
    Disposals: 0
    Revaluations: 0
    Transfers: 0
    31 July 2015: 689
    Depreciation
    01 August 2014: 391
    Charge for year: 172
    On disposals: 0
    Other adjustments: 0
    31 July 2015: 563
    Net book value
    31 July 2015: 126
    31 July 2014: 298

PROJECT H LTD

Notes to the Abbreviated Accounts

for the Period Ended 31 July 2015

  • 3. Called up share capital

    Allotted, called up and paid

    Previous period
    2014
    Class Number of shares Nominal value per share (£) Total (£)
    Ordinary shares: 1 1.00 1
    Preference shares: 0 0.00 0
    Total share capital (£): 1
    Current period
    2015
    Class Number of shares Nominal value per share (£) Total (£)
    Ordinary shares: 1 1.00 1
    Preference shares: 0 0.00 0
    Total share capital (£): 1