Company Registration No. 06820606 (England and Wales)
THE A PROJECT ANNUAL REPORT AND UNAUDITED ACCOUNTS FOR THE YEAR ENDED 28 FEBRUARY 2023
THE A PROJECT ANNUAL REPORT AND UNAUDITED ACCOUNTS CONTENTS
| Page | |
|---|---|
| Company information | 3 |
| Director's report | 4 |
| Accountants' report | 5 |
| Income statement | 6 |
| Statement of financial position | 7 |
| Notes to the accounts | 8 |
| Detailed profit and loss account | 9 |
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THE A PROJECT COMPANY INFORMATION FOR THE YEAR ENDED 28 FEBRUARY 2023
Director
Company Number
Registered Office
Accountants
Ansley Nugent 06820606 (England and Wales)
LANSDOWNE HOUSE 57 BERKELEY SQUARE LONDON W1J 6ER ENGLAND NRM Accountancy Services Ltd 70 Wood Street Walthamstow London E17 3HT
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THE A PROJECT (COMPANY NO: 06820606 ENGLAND AND WALES) DIRECTOR'S REPORT
The director presents his report and accounts for the year ended 28 February 2023.
Directors
Ansley Nugent held office during the whole of the period.
Statement of directors' responsibilities
The directors are responsible for preparing the report and accounts in accordance with applicable law and regulations.
Company law requires the directors to prepare accounts for each financial year. Under that law, the directors have elected to prepare the accounts in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the accounts unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these accounts, the directors are required to:
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select suitable accounting policies and then apply them consistently;
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make judgements and estimates that are reasonable and prudent;
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prepare the accounts on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the accounts comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Small company provisions
This report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.
Signed on behalf of the board of directors
............................................................................
Ansley Nugent Director
Approved by the board on: 18 June 2023
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CHARTERED CERTIFIED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY ACCOUNTS OF THE A PROJECT FOR THE YEAR ENDED 28 FEBRUARY 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of The A Project for the year ended 28 February 2023 as set out on pages 6 - 8 from the Company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf.
NRM Accountancy Services Ltd Chartered Certified Accountants
70 Wood Street Walthamstow London E17 3HT
18 June 2023
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THE A PROJECT INCOME STATEMENT FOR THE YEAR ENDED 28 FEBRUARY 2023
| Turnover Administrative expenses Operating profit Interest payable and similar charges Profit on ordinary activities before taxation Tax on profit on ordinary activities Profit for the financial year |
2023 £ 30,921 (30,412) 509 (188) 321 - 321 |
2022 £ 16,802 (14,711) |
|---|---|---|
| 2,091 (188) |
||
| 1,903 - |
||
| 1,903 |
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THE A PROJECT STATEMENT OF FINANCIAL POSITION AS AT 28 FEBRUARY 2023
| Notes Current assets Cash at bank and in hand Creditors: amounts falling due within one year 4 Net current liabilities Net liabilities Capital and reserves Profit and loss account Shareholders' funds |
2023 £ - (6,707) (6,707) (6,707) (6,707) (6,707) |
2022 £ 2,605 (9,633) |
|---|---|---|
| (7,028) | ||
| (7,028) | ||
| (7,028) | ||
| (7,028) |
For the year ending 28 February 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 his 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 provisions of FRS 102 Section 1A - Small Entities.
The financial statements were approved by the Board and authorised for issue on 18 June 2023 and were signed on its behalf by
Ansley Nugent Director
Company Registration No. 06820606
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THE A PROJECT NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 28 FEBRUARY 2023
1 Statutory information
The A Project is a private company, limited by shares, registered in England and Wales, registration number 06820606. The registered office is LANSDOWNE HOUSE, 57 BERKELEY SQUARE, LONDON, W1J 6ER, ENGLAND.
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.
3 Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
| 4 Creditors: amounts falling due within one year Bank loans and overdrafts Loans from directors Accruals |
2023 £ 1,569 4,778 360 6,707 |
2022 £ 1,715 7,618 300 |
|---|---|---|
| 9,633 |
5 Average number of employees
During the year the average number of employees was 0 (2022: 0).
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THE A PROJECT DETAILED PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 28 FEBRUARY 2023
This schedule does not form part of the statutory accounts.
| 2023 | 2022 | |
|---|---|---|
| £ | £ | |
| Turnover | ||
| Fees | 30,921 | 16,802 |
| Administrative expenses | ||
| Wages and salaries | 11,107 | 5,470 |
| Staff training and welfare | 1,052 | 1,645 |
| Travel and subsistence | 457 | 302 |
| Rent | 13,302 | 1,731 |
| Telephone and fax | 390 | 390 |
| Internet | 734 | 1,386 |
| Stationery and printing | 166 | 60 |
| Subscriptions | 1,623 | 1,500 |
| Bank charges | 371 | 49 |
| Insurance | 482 | 668 |
| Sundry expenses | 368 | 1,210 |
| Accountancy fees | 360 | 300 |
| 30,412 | 14,711 | |
| Operating profit | 509 | 2,091 |
| Interest payable | ||
| Other loans | 188 | 188 |
| Profit on ordinary activities before taxation | 321 | 1,903 |
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