Company Registration No. 12037274 (England and Wales)
Project 17 Impact Ltd
Unaudited accounts
for the year ended 30 June 2022
Project 17 Impact Ltd
Unaudited accounts
Contents
Project 17 Impact Ltd
Company Information
for the year ended 30 June 2022
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 2022
Tangible assets
13,497
13,636
Cash at bank and in hand
54,811
74,619
Creditors: amounts falling due within one year
(70,100)
(22,173)
Net current assets
15,197
95,728
Total assets less current liabilities
28,694
109,364
Creditors: amounts falling due after more than one year
(28,655)
(49,562)
Called up share capital
1
1
Profit and loss account
38
59,801
Shareholders' funds
39
59,802
For the year ending 30 June 2022 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 27 January 2023 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 2022
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 2021
10,000
550
2,865
1,228
14,643
Additions
-
655
-
833
1,488
At 30 June 2022
10,000
1,205
2,865
2,061
16,131
At 1 July 2021
233
458
129
187
1,007
Charge for the year
391
528
274
434
1,627
At 30 June 2022
624
986
403
621
2,634
At 30 June 2022
9,376
219
2,462
1,440
13,497
At 30 June 2021
9,767
92
2,736
1,041
13,636
Project 17 Impact Ltd
Notes to the Accounts
for the year ended 30 June 2022
Amounts falling due within one year
Trade debtors
17,834
7,470
Accrued income and prepayments
-
33,199
Other debtors
12,652
2,613
6
Creditors: amounts falling due within one year
2022
2021
Bank loans and overdrafts
11,008
-
Trade creditors
33,850
6,671
Taxes and social security
24,492
14,766
7
Creditors: amounts falling due after more than one year
2022
2021
Other creditors
500
49,562
8
Average number of employees
During the year the average number of employees was 4 (2021: 1).