2022-09-01 13563647 2023-08-31 13563647 2022-09-01 2023-08-31 13563647 2022-08-31 13563647 2021-08-12 2022-08-31 13563647 uk-core:WithinOneYear 2022-08-31 13563647 uk-core:WithinOneYear 2023-08-31 13563647 uk-core:AfterOneYear 2022-08-31 13563647 uk-core:AfterOneYear 2023-08-31 13563647 uk-core:ShareCapital 2023-08-31 13563647 uk-core:ShareCapital 2022-08-31 13563647 uk-core:RetainedEarningsAccumulatedLosses 2023-08-31 13563647 uk-core:RetainedEarningsAccumulatedLosses 2022-08-31 13563647 uk-bus:Director1 2022-09-01 2023-08-31 iso4217:GBP xbrli:pure 13563647 uk-bus:AuditExemptWithAccountantsReport 2022-09-01 2023-08-31 13563647 uk-bus:FRS102 2022-09-01 2023-08-31 13563647 uk-bus:FullAccounts 2022-09-01 2023-08-31 13563647 uk-bus:PrivateLimitedCompanyLtd 2022-09-01 2023-08-31
People Initiatives Ltd
Registered Number:13563647
For the year ended 31 August 2023
England and Wales
Unaudited Financial Statements
2
For the year ended 31 August 2023
People Initiatives Ltd
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
Registered Number :
13563647
As at 31 August 2023
People Initiatives Ltd
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
292
437
2
292
437
Current assets
Trade and other receivables
222
-
3
170
Cash and cash equivalents
32
32
392
Trade and other payables: amounts falling due
within one year
-
(400)
4
392
(368)
Net current liabilities
Total assets less current liabilities
(76)
829
Trade and other payables: amounts falling due after
more than one year
(3,420)
(5,570)
5
(5,646)
Net liabilities
(2,591)
Capital and reserves
Called up share capital
1
1
Retained earnings
(5,647)
(2,592)
(5,646)
(2,591)
Shareholders' funds
For the year ended 31 August 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 of its financial statements for the year ended 31 August 2023 in accordance with Section 476 of the Companies Act 2006
The director acknowledges her responsibilities for:a) ensuring that the company keeps proper 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 Section 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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been deliver
ed.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
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4
Registered Number :
13563647
For the year ended 31 August 2023
People Initiatives Ltd
Statement of Financial Position Continued
G F Brackenbury-Peace Director
These financial statements were approved and authorised for issue by the Board on 06 November 2023 and were signed by:
The notes form part of these financial statements
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5
For the year ended 31 August 2023
People Initiatives Ltd
Notes to the Financial Statements
Statutory Information
People Initiatives Ltd is a private limited company, limited by shares, domiciled in England and Wales,
registration number 13563647.
Registered address:
8 Utah Close
Hinckley
Leicestershire
LE10 0WE
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of
Financial Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and
Republic of Ireland'' and the Companies Act 2006. The financial statements have been prepared
under the historical costs convention as modified by the revaluation of certain assets.
2. Property, plant and equipment
Computer
Equipment
£
Cost or
valuation
At 01 September 2022
583
At 31 August 2023
583
Provision for depreciation and impairmen
t
At 01 September 2022
146
Charge for year
145
At 31 August 2023
291
At 31 August 2023
Net book value
292
At 31 August 2022
437
3. Trade and other receivables
2022
2023
£
£
Other debtors
-
222
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6
For the year ended 31 August 2023
People Initiatives Ltd
Notes to the Financial Statements Continued
4. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Other creditors
400
-
5. Trade and other payables: amounts falling due after more than one year
2022
2023
£
£
Other creditors
5,570
3,420
6. Average number of persons employed
During the year the average number of employees was 0
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