How to show the last ""note"" record in a report

I think you can also use the option of showing "embedded report" instead of a "link" in your project record table. To do that, you need to go to the form in Project Record Table and customize the form in the "Notes" section to display a report ("Display the related development documents directly on the form") instead of ("Display just a link to the related development documents"). That way, you can see all the notes related to that record. Hope that helps.