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REGISTERED NUMBER: 12447605 (England and Wales)















Unaudited Financial Statements for the Year Ended 28 February 2023

for

Property People Investors Ltd

Property People Investors Ltd (Registered number: 12447605)

Contents of the Financial Statements
for the Year Ended 28 February 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Property People Investors Ltd

Company Information
for the Year Ended 28 February 2023







DIRECTORS: Mrs S Maqsood
A Khadam





SECRETARY:





REGISTERED OFFICE: 15 Lister Lane
Bradford
BD2 4LX





REGISTERED NUMBER: 12447605 (England and Wales)





ACCOUNTANTS: Isaacs
Trust House
St James Business Park
5 New Augustus Street
Bradford
West Yorkshire
BD1 5LL

Property People Investors Ltd (Registered number: 12447605)

Balance Sheet
28 February 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 191,423 224,197

CURRENT ASSETS
Debtors 5 22,179 482
Cash at bank and in hand 158,984 58,190
181,163 58,672
CREDITORS
Amounts falling due within one year 6 308,781 247,803
NET CURRENT LIABILITIES (127,618 ) (189,131 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

63,805

35,066

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 63,705 34,966
63,805 35,066

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 January 2024 and were signed on its behalf by:




Mrs S Maqsood - Director


Property People Investors Ltd (Registered number: 12447605)

Notes to the Financial Statements
for the Year Ended 28 February 2023


1. STATUTORY INFORMATION

Property People Investors Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

Property People Investors Ltd (Registered number: 12447605)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023


4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 March 2022 224,197 - 224,197
Additions 48,268 1,399 49,667
Disposals (82,161 ) - (82,161 )
At 28 February 2023 190,304 1,399 191,703
DEPRECIATION
Charge for year - 280 280
At 28 February 2023 - 280 280
NET BOOK VALUE
At 28 February 2023 190,304 1,119 191,423
At 28 February 2022 224,197 - 224,197

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 1,179 482
Other debtors 21,000 -
22,179 482

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Taxation and social security 8,088 6,714
Other creditors 300,693 241,089
308,781 247,803