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Company Registration No. 8855616 (England and Wales)
People Possibilities Ltd Unaudited accounts for the year ended 31 January 2024
People Possibilities Ltd Unaudited accounts Contents
Page
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People Possibilities Ltd Company Information for the year ended 31 January 2024
Director
Lisa K. Pickup
Company Number
8855616 (England and Wales)
Registered Office
78 Broom Road Teddington Middlesex TW11 9NY
Accountants
Ashley & Co. Chartered Certified Accountants 38 Wey House 15 Church Street Weybridge Surrey KT13 8NA
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People Possibilities Ltd Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
6,397 
6,797 
Tangible assets
239 
856 
6,636 
7,653 
Current assets
Debtors
18,018 
29,683 
Cash at bank and in hand
53,340 
66,704 
71,358 
96,387 
Creditors: amounts falling due within one year
(22,210)
(27,745)
Net current assets
49,148 
68,642 
Net assets
55,784 
76,295 
Capital and reserves
Called up share capital
3 
3 
Profit and loss account
55,781 
76,292 
Shareholders' funds
55,784 
76,295 
For the year ending 31 January 2024 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 her 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 3 April 2024 and were signed on its behalf by
Lisa K. Pickup Director Company Registration No. 8855616
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People Possibilities Ltd Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
People Possibilities Ltd is a private company, limited by shares, registered in England and Wales, registration number 8855616. The registered office is 78 Broom Road, Teddington, Middlesex, TW11 9NY.
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.
Principal Activities
The activity of the company is that of HR consultancy and coaching.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight basis over their estimated useful economic lives. Impairment of intangible fixed assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
Straight Line 15%
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 February 2023
9,997 
At 31 January 2024
9,997 
Amortisation
At 1 February 2023
3,200 
Charge for the year
400 
At 31 January 2024
3,600 
Net book value
At 31 January 2024
6,397 
At 31 January 2023
6,797 
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People Possibilities Ltd Notes to the Accounts for the year ended 31 January 2024
5
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 February 2023
4,113 
At 31 January 2024
4,113 
Depreciation
At 1 February 2023
3,257 
Charge for the year
617 
At 31 January 2024
3,874 
Net book value
At 31 January 2024
239 
At 31 January 2023
856 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
8,340 
19,794 
Other debtors
9,678 
9,889 
18,018 
29,683 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
22,210 
27,745 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares (Class A) of £1 each
1 
1 
1 Ordinary shares (Class B) of £1 each
1 
1 
1 Ordinary shares (Class C) of £1 each
1 
1 
3 
3 
9
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Lisa K. Pickup
Advance on expenses to the director
9,889 
9,678 
9,889 
9,678 
9,889 
9,678 
9,889 
9,678 
The advance on expenses to the director is included in other debtors.
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People Possibilities Ltd Notes to the Accounts for the year ended 31 January 2024
10
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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