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REGISTERED NUMBER: 08853119 (Wales)















VALUE PEOPLE LTD.
FORMERLY KNOWN AS BETTER BUSINESS
MANAGEMENT CONSULTING LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2023






VALUE PEOPLE LTD. (REGISTERED NUMBER: 08853119)
FORMERLY KNOWN AS BETTER BUSINESS
MANAGEMENT CONSULTING LIMITED






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


VALUE PEOPLE LTD.
FORMERLY KNOWN AS BETTER BUSINESS
MANAGEMENT CONSULTING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MARCH 2023







DIRECTORS: S N Sanchez
H Sanchez Deceased





REGISTERED OFFICE: The Oaks
Caerphilly Road
Bassaleg
Newport
NP10 8LS





REGISTERED NUMBER: 08853119 (Wales)





ACCOUNTANTS: Green & Co
Chartered Certified Accountants
Pembroke House
Llantarnam Park Way
Cwmbran
Torfaen
NP44 3AU

VALUE PEOPLE LTD. (REGISTERED NUMBER: 08853119)
FORMERLY KNOWN AS BETTER BUSINESS
MANAGEMENT CONSULTING LIMITED

BALANCE SHEET
31ST MARCH 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,284 2,028

CURRENT ASSETS
Debtors 5 157,890 122,410
Cash at bank 52,522 44,299
210,412 166,709
CREDITORS
Amounts falling due within one year 6 188,882 125,005
NET CURRENT ASSETS 21,530 41,704
TOTAL ASSETS LESS CURRENT
LIABILITIES

22,814

43,732

CREDITORS
Amounts falling due after more than one
year

7

21,667

31,667
NET ASSETS 1,147 12,065

CAPITAL AND RESERVES
Called up share capital 8 2 2
Retained earnings 1,145 12,063
SHAREHOLDERS' FUNDS 1,147 12,065

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 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.

VALUE PEOPLE LTD. (REGISTERED NUMBER: 08853119)
FORMERLY KNOWN AS BETTER BUSINESS
MANAGEMENT CONSULTING LIMITED

BALANCE SHEET - continued
31ST MARCH 2023


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 Profit and Loss has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 5th February 2024 and were signed on its behalf by:





S N Sanchez - Director


VALUE PEOPLE LTD. (REGISTERED NUMBER: 08853119)
FORMERLY KNOWN AS BETTER BUSINESS
MANAGEMENT CONSULTING LIMITED

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2023

1. STATUTORY INFORMATION

Value People Ltd. is a private company, limited by shares , registered in 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.
Machinery & equipment - 25% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss, 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

VALUE PEOPLE LTD. (REGISTERED NUMBER: 08853119)
FORMERLY KNOWN AS BETTER BUSINESS
MANAGEMENT CONSULTING LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Machinery
& equipme
£   
COST
At 1st April 2022
and 31st March 2023 4,180
DEPRECIATION
At 1st April 2022 2,152
Charge for year 744
At 31st March 2023 2,896
NET BOOK VALUE
At 31st March 2023 1,284
At 31st March 2022 2,028

5. DEBTORS
2023 2022
£    £   
Amounts falling due within one year:
Trade debtors - 20,040
Other debtors 290 290
Deferred tax asset 497 403
787 20,733

Amounts falling due after more than one year:
Value People Property Ltd 157,103 101,677

Aggregate amounts 157,890 122,410

VALUE PEOPLE LTD. (REGISTERED NUMBER: 08853119)
FORMERLY KNOWN AS BETTER BUSINESS
MANAGEMENT CONSULTING LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 144 19,167
Corporation Tax - 6,255
VAT 3,030 10,398
Directors' current accounts 170,481 75,618
Accrued expenses 5,227 3,567
188,882 125,005

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2023 2022
£    £   
Bank loans - 1-2 years 10,000 10,000
Bank loans - 2-5 years 11,667 21,667
21,667 31,667

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
2 Ordinary £1 2 2

9. RELATED PARTY DISCLOSURES

The company had the following outstanding directors loans at the year end:
- S N Sanchez £85,240 (2022 - £37,809)
- H Sanchez £85,240 (2022 - £37,809)

The company had an outstanding debtor at the year end of £157,103 (2022 - £101,677) from Value People Property Ltd, a company in which S N Sanchez has a controlling interest.