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Company Registration No. 5607708 (England and Wales)
POWER THROUGH PEOPLE LTD Unaudited accounts for the year ended 31 October 2023
POWER THROUGH PEOPLE LTD Unaudited accounts Contents
Page
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POWER THROUGH PEOPLE LTD Company Information for the year ended 31 October 2023
Directors
WOODCOCK, Brian WOODCOCK, Gail Caroline
Company Number
5607708 (England and Wales)
Registered Office
20-22 WENLOCK ROAD LONDON N1 7GU ENGLAND
Accountants
Bergen Associates (Chartered Certified Accountants) Bergen Chambers 68 Carden Place West End Aberdeen AB10 1UL
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Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of POWER THROUGH PEOPLE LTD for the year ended 31 October 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of POWER THROUGH PEOPLE LTD for the year ended 31 October 2023 as set out on pages 5 - 7 from the Company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
This report is made solely to the Board of Directors of POWER THROUGH PEOPLE LTD, as a body, in accordance with the terms of our engagement letter dated 1 November 2020. Our work has been undertaken solely to prepare for your approval the accounts of POWER THROUGH PEOPLE LTD and state those matters that we have agreed to state to the Board of Directors of POWER THROUGH PEOPLE LTD, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than POWER THROUGH PEOPLE LTD and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that POWER THROUGH PEOPLE LTD has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of POWER THROUGH PEOPLE LTD. You consider that POWER THROUGH PEOPLE LTD is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of POWER THROUGH PEOPLE LTD. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Bergen Associates (Chartered Certified Accountants) Chartered Certified Accountants Bergen Chambers 68 Carden Place West End Aberdeen AB10 1UL 8 July 2024
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POWER THROUGH PEOPLE LTD Statement of financial position as at 31 October 2023
2023 
2022 
Notes
£ 
£ 
Current assets
Cash at bank and in hand
510 
350 
Creditors: amounts falling due within one year
(40,813)
(43,461)
Net current liabilities
(40,303)
(43,111)
Net liabilities
(40,303)
(43,111)
Capital and reserves
Called up share capital
1,000 
1,000 
Profit and loss account
(41,303)
(44,111)
Shareholders' funds
(40,303)
(43,111)
For the year ending 31 October 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 of Directors and authorised for issue on 12 September 2024 and were signed on its behalf by
WOODCOCK, Brian Director Company Registration No. 5607708
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POWER THROUGH PEOPLE LTD Notes to the Accounts for the year ended 31 October 2023
1
Statutory information
POWER THROUGH PEOPLE LTD is a private company, limited by shares, registered in England and Wales, registration number 5607708. The registered office is 20-22 WENLOCK ROAD, LONDON, N1 7GU, 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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
4
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
191 
- 
Loans from directors
39,962 
42,801 
Accruals
660 
660 
40,813 
43,461 
5
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000 
1,000 
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POWER THROUGH PEOPLE LTD Notes to the Accounts for the year ended 31 October 2023
6
Average number of employees
During the year the average number of employees was 1 (2022: 2).
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