1 November 2022 false No description of principal activity Taxfiler 2023.12 12252314business:PrivateLimitedCompanyLtd2022-11-012023-10-31 122523142022-10-31 122523142022-11-012023-10-31 12252314business:AuditExempt-NoAccountantsReport2022-11-012023-10-31 12252314business:FilletedAccounts2022-11-012023-10-31 122523142023-10-31 12252314business:Director12022-11-012023-10-31 12252314business:RegisteredOffice2022-11-012023-10-31 122523142022-10-31 12252314core:WithinOneYear2023-10-31 12252314core:WithinOneYear2022-10-31 12252314core:AfterOneYear2023-10-31 12252314core:AfterOneYear2022-10-31 12252314core:ShareCapitalcore:PreviouslyStatedAmount2023-10-31 12252314core:ShareCapitalcore:PreviouslyStatedAmount2022-10-31 12252314core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-10-31 12252314core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-10-31 12252314core:PreviouslyStatedAmount2023-10-31 12252314core:PreviouslyStatedAmount2022-10-31 12252314business:SmallEntities2022-11-012023-10-31 12252314countries:EnglandWales2022-11-012023-10-31 12252314core:ComputerEquipment2022-11-012023-10-31 12252314core:ComputerEquipment2022-10-31 12252314core:ComputerEquipment2023-10-31 122523142021-11-012022-10-31 iso4217:GBP xbrli:pure
Company Registration No. 12252314 (England and Wales)
KINETIC PEOPLE DEVELOPMENT LIMITED Unaudited accounts for the year ended 31 October 2023
KINETIC PEOPLE DEVELOPMENT LIMITED Unaudited accounts Contents
Page
- 2 -
KINETIC PEOPLE DEVELOPMENT LIMITED Company Information for the year ended 31 October 2023
Director
Mr Kingsley Paul George Johnson
Company Number
12252314 (England and Wales)
Registered Office
4 GOLDEN CROSS DRIVE CATSHILL BROMSGROVE B61 0QS ENGLAND
- 3 -
KINETIC PEOPLE DEVELOPMENT LIMITED Statement of financial position as at 31 October 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
790 
1,054 
Current assets
Debtors
6,302 
8,371 
Cash at bank and in hand
18,571 
15,304 
24,873 
23,675 
Creditors: amounts falling due within one year
(3,255)
(6,418)
Net current assets
21,618 
17,257 
Total assets less current liabilities
22,408 
18,311 
Creditors: amounts falling due after more than one year
(17,177)
(12,384)
Net assets
5,231 
5,927 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
5,230 
5,926 
Shareholders' funds
5,231 
5,927 
For the year ending 31 October 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 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 28 November 2023 and were signed on its behalf by
Mr Kingsley Paul George Johnson Director Company Registration No. 12252314
- 4 -
KINETIC PEOPLE DEVELOPMENT LIMITED Notes to the Accounts for the year ended 31 October 2023
1
Statutory information
KINETIC PEOPLE DEVELOPMENT LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12252314. The registered office is 4 GOLDEN CROSS DRIVE, CATSHILL, BROMSGROVE, B61 0QS, 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.
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:
Computer equipment
25%
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 November 2022
2,500 
At 31 October 2023
2,500 
Depreciation
At 1 November 2022
1,446 
Charge for the year
264 
At 31 October 2023
1,710 
Net book value
At 31 October 2023
790 
At 31 October 2022
1,054 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
6,302 
8,371 
- 5 -
KINETIC PEOPLE DEVELOPMENT LIMITED Notes to the Accounts for the year ended 31 October 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
2,980 
6,080 
Accruals
275 
338 
3,255 
6,418 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
3,558 
5,066 
Other creditors
13,619 
7,318 
17,177 
12,384 
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).
- 6 -