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REGISTERED NUMBER: 08608488 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 July 2023

for

M.S.K. People Solutions Ltd

M.S.K. People Solutions Ltd (Registered number: 08608488)






Contents of the Financial Statements
for the Year Ended 31 July 2023




Page

Statement of Financial Position 1

Notes to the Financial Statements 2


M.S.K. People Solutions Ltd (Registered number: 08608488)

Statement of Financial Position
31 July 2023

31.7.23 31.7.22
Notes £    £   
CURRENT ASSETS
Debtors 5 34,094 100
Cash at bank 174,230 215,516
208,324 215,616
CREDITORS
Amounts falling due within one year 6 - 6
NET CURRENT ASSETS 208,324 215,610
TOTAL ASSETS LESS CURRENT
LIABILITIES

208,324

215,610

CREDITORS
Amounts falling due after more than one
year

7

17,919

24,109
NET ASSETS 190,405 191,501

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 190,305 191,401
SHAREHOLDERS' FUNDS 190,405 191,501

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director and authorised for issue on 2 April 2024 and were signed by:




Ms Manmeet Kaur Baxi - Director


M.S.K. People Solutions Ltd (Registered number: 08608488)

Notes to the Financial Statements
for the Year Ended 31 July 2023

1. STATUTORY INFORMATION

M.S.K. People Solutions Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 08608488

Registered office: Flat 4 Bradfield House
The Boulevard
Woodford Green
IG8 8GR

The presentation currency of the financial statements is the Pound Sterling (£).


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.

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 1 (2022 - 1 ) .

M.S.K. People Solutions Ltd (Registered number: 08608488)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2023

4. PROPERTY, PLANT AND EQUIPMENT
Computer
equipment
£   
COST
At 1 August 2022
and 31 July 2023 2,519
DEPRECIATION
At 1 August 2022
and 31 July 2023 2,519
NET BOOK VALUE
At 31 July 2023 -
At 31 July 2022 -

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Other debtors 34,094 100

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Other creditors - 6

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.7.23 31.7.22
£    £   
Bank loans 17,919 24,109