Company Registration No. 12037274 (England and Wales)
Project 17 Impact Ltd
Unaudited accounts
for the year ended 30 June 2023
Project 17 Impact Ltd
Unaudited accounts
Contents
Project 17 Impact Ltd
Company Information
for the year ended 30 June 2023
Director
Gail Elizabeth Gallie
Company Number
12037274 (England and Wales)
Registered Office
1 Frederick's Place
London
EC2R 8AE
United Kingdom
Accountants
Mutu Accountancy Ltd
7 Chelsea Road
Bath
BA1 3DU
Project 17 Impact Ltd
Statement of financial position
as at 30 June 2023
Tangible assets
12,290
13,497
Cash at bank and in hand
5,266
54,811
Creditors: amounts falling due within one year
(26,395)
(70,100)
Net current assets
32,058
15,197
Total assets less current liabilities
44,348
28,694
Creditors: amounts falling due after more than one year
(19,075)
(28,655)
Called up share capital
1
1
Profit and loss account
25,272
38
Shareholders' funds
25,273
39
For the year ending 30 June 2023 the company was entitled to exemption from audit 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 director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 2 January 2024 and were signed on its behalf by
Gail Elizabeth Gallie
Director
Company Registration No. 12037274
Project 17 Impact Ltd
Notes to the Accounts
for the year ended 30 June 2023
Project 17 Impact Ltd is a private company, limited by shares, registered in England and Wales, registration number 12037274. The registered office is 1 Frederick's Place, London, EC2R 8AE, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
Reducing balance over 25 years
Fixtures & fittings
Reducing balance over 10 years
Computer equipment
Reducing balance over 4 years
4
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 July 2022
10,000
1,205
2,865
2,061
16,131
At 30 June 2023
10,000
1,205
2,865
2,061
16,131
At 1 July 2022
624
986
403
621
2,634
Charge for the year
375
218
254
360
1,207
At 30 June 2023
999
1,204
657
981
3,841
At 30 June 2023
9,001
1
2,208
1,080
12,290
At 30 June 2022
9,376
219
2,462
1,440
13,497
Project 17 Impact Ltd
Notes to the Accounts
for the year ended 30 June 2023
Amounts falling due within one year
Trade debtors
12,000
17,834
Other debtors
41,187
12,652
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
10,599
11,008
Trade creditors
3,326
33,850
Taxes and social security
11,497
24,492
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 4 (2022: 4).