Company Registration No. 04502267 (England and Wales)
PEOPLE SOLUTIONS LIMITED
Unaudited accounts
for the year ended 31 July 2023
PEOPLE SOLUTIONS LIMITED
Unaudited accounts
Contents
PEOPLE SOLUTIONS LIMITED
Company Information
for the year ended 31 July 2023
Directors
Leanne Hathaway
Jason Hathaway
Andrew Robinson
Company Number
04502267 (England and Wales)
Registered Office
19 THE OFFICE VILLAGE
NORTH ROAD
LOUGHBOROUGH
LE11 1QJ
ENGLAND
Accountants
CJK Accountants
4 Marsh Drive
Husbands Bosworth
Lutterworth
Leicestershire
LE17 6PU
PEOPLE SOLUTIONS LIMITED
Statement of financial position
as at 31 July 2023
Cash at bank and in hand
51,569
4,379
Creditors: amounts falling due within one year
(82,049)
(152,765)
Net current assets
112,166
124,028
Total assets less current liabilities
112,389
124,354
Creditors: amounts falling due after more than one year
(28,749)
(64,179)
Called up share capital
100
100
Profit and loss account
83,540
60,075
Shareholders' funds
83,640
60,175
For the year ending 31 July 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 directors acknowledge their 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 of Directors and authorised for issue on 13 November 2023 and were signed on its behalf by
Leanne Hathaway
Director
Company Registration No. 04502267
PEOPLE SOLUTIONS LIMITED
Notes to the Accounts
for the year ended 31 July 2023
PEOPLE SOLUTIONS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 04502267. The registered office is 19 THE OFFICE VILLAGE, NORTH ROAD, LOUGHBOROUGH, LE11 1QJ, 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.
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:
Fixtures & fittings
10% straight line
Computer equipment
33% straight line
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 August 2022
2,778
308
3,086
At 31 July 2023
2,778
308
3,086
At 1 August 2022
2,778
51
2,829
Charge for the year
-
103
103
At 31 July 2023
2,778
154
2,932
5
Investments
Subsidiary undertakings
Valuation at 1 August 2022
69
Valuation at 31 July 2023
69
PEOPLE SOLUTIONS LIMITED
Notes to the Accounts
for the year ended 31 July 2023
Amounts falling due within one year
Trade debtors
21,113
23,079
Amounts due from group undertakings etc.
119,292
4,996
Accrued income and prepayments
2,241
1,288
7
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
13,516
-
Trade creditors
22,660
3,692
Amounts owed to group undertakings and other participating interests
-
113,897
Taxes and social security
23,798
7,425
Other creditors
5,390
4,400
Deferred income
10,754
15,362
8
Creditors: amounts falling due after more than one year
2023
2022
9
Average number of employees
During the year the average number of employees was 0 (2022: 0).