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Company Registration No. 11744116 (England and Wales)
Reg People Limited Unaudited accounts for the year ended 31 December 2022
Reg People Limited Unaudited accounts Contents
Page
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Reg People Limited Company Information for the year ended 31 December 2022
Director
Jaskamaljit Sohal
Company Number
11744116 (England and Wales)
Registered Office
22 DEVERILLS WAY SLOUGH SL3 8WN UNITED KINGDOM
Accountants
S SHARMA Amba House 22 Deverills Way Slough SL3 8WN
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Reg People Limited Accountants' report
Accountants' report to the director of Reg People Limited on the preparation of the unaudited statutory accounts for the year ended 31 December 2022
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Reg People Limited for the year ended 31 December 2022 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Reg People Limited , as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Reg People Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Reg People Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Reg People Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Reg People Limited . You consider that Reg People Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Reg People Limited . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
S SHARMA Amba House 22 Deverills Way Slough SL3 8WN 30 September 2023
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Reg People Limited Statement of financial position as at 31 December 2022
2022 
2021 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,730 
2,427 
Current assets
Inventories
39,410 
39,504 
Cash at bank and in hand
7,061 
16,289 
46,471 
55,793 
Creditors: amounts falling due within one year
(16,344)
(22,131)
Net current assets
30,127 
33,662 
Total assets less current liabilities
32,857 
36,089 
Creditors: amounts falling due after more than one year
(31,200)
(35,900)
Net assets
1,657 
189 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
1,557 
89 
Shareholders' funds
1,657 
189 
For the year ending 31 December 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 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 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 30 September 2023 and were signed on its behalf by
Jaskamaljit Sohal Director Company Registration No. 11744116
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Reg People Limited Notes to the Accounts for the year ended 31 December 2022
1
Statutory information
Reg People Limited is a private company, limited by shares, registered in England and Wales, registration number 11744116. The registered office is 22 DEVERILLS WAY, SLOUGH, SL3 8WN, 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.
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.
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:
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 January 2022
1,596 
At 31 December 2022
1,596 
Depreciation
At 1 January 2022
(831)
Charge for the year
(303)
At 31 December 2022
(1,134)
Net book value
At 31 December 2022
2,730 
At 31 December 2021
2,427 
5
Creditors: amounts falling due within one year
2022 
2021 
£ 
£ 
Trade creditors
- 
4,131 
Taxes and social security
344 
- 
Loans from directors
16,000 
18,000 
16,344 
22,131 
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Reg People Limited Notes to the Accounts for the year ended 31 December 2022
6
Creditors: amounts falling due after more than one year
2022 
2021 
£ 
£ 
Bank loans
31,200 
35,900 
7
Average number of employees
During the year the average number of employees was 1 (2021: 1).
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