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Company Registration No. 13377251 (England and Wales)
IRO: People, Performance, Insight Ltd Unaudited accounts for the year ended 31 May 2024
IRO: People, Performance, Insight Ltd Unaudited accounts Contents
Page
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IRO: People, Performance, Insight Ltd Company Information for the year ended 31 May 2024
Director
H David
Company Number
13377251 (England and Wales)
Registered Office
Suite G04 1 Quality Court Chancery Lane London WC2A 1HR England
Accountants
TaxSense Accountants Ltd 203 West Street Fareham Hants PO16 0EN
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IRO: People, Performance, Insight Ltd Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
3,489 
4,652 
Current assets
Debtors
- 
505 
Cash at bank and in hand
19,869 
30,706 
19,869 
31,211 
Creditors: amounts falling due within one year
(28,014)
(26,462)
Net current (liabilities)/assets
(8,145)
4,749 
Net (liabilities)/assets
(4,656)
9,401 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(4,657)
9,400 
Shareholders' funds
(4,656)
9,401 
For the year ending 31 May 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 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 6 August 2024 and were signed on its behalf by
H David Director Company Registration No. 13377251
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IRO: People, Performance, Insight Ltd Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
IRO: People, Performance, Insight Ltd is a private company, limited by shares, registered in England and Wales, registration number 13377251. The registered office is Suite G04 1 Quality Court, Chancery Lane, London, WC2A 1HR, 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 % Reducing balance
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 June 2023
8,269 
At 31 May 2024
8,269 
Depreciation
At 1 June 2023
3,617 
Charge for the year
1,163 
At 31 May 2024
4,780 
Net book value
At 31 May 2024
3,489 
At 31 May 2023
4,652 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
- 
505 
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IRO: People, Performance, Insight Ltd Notes to the Accounts for the year ended 31 May 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
1,677 
- 
Taxes and social security
532 
532 
Loans from directors
24,554 
25,930 
Accruals
1,251 
- 
28,014 
26,462 
7
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
H David
Directors Current accounts
(25,930)
(12,846)
(14,222)
(24,554)
(25,930)
(12,846)
(14,222)
(24,554)
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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