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Company Registration No. 11744116 (England and Wales)
Reg People Limited Unaudited accounts for the year ended 31 December 2023
Reg People Limited Unaudited accounts Contents
Page
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Reg People Limited Company Information for the year ended 31 December 2023
Director
Jaskamaljit Sohal
Company Number
11744116 (England and Wales)
Registered Office
22 DEVERILLS WAY SLOUGH SL3 8WN UNITED KINGDOM
Accountants
S SHARMA Amba House 22 Deverills Way Slough SL3 8WN
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Reg People Limited Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
3,033 
2,730 
Current assets
Inventories
20,163 
39,410 
Cash at bank and in hand
8,318 
7,061 
28,481 
46,471 
Creditors: amounts falling due within one year
- 
(16,344)
Net current assets
28,481 
30,127 
Total assets less current liabilities
31,514 
32,857 
Creditors: amounts falling due after more than one year
(28,838)
(31,200)
Net assets
2,676 
1,657 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
2,576 
1,557 
Shareholders' funds
2,676 
1,657 
For the year ending 31 December 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 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 30 October 2024 and were signed on its behalf by
Jaskamaljit Sohal Director Company Registration No. 11744116
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Reg People Limited Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
Reg People Limited is a private company, limited by shares, registered in England and Wales, registration number 11744116. The registered office is 22 DEVERILLS WAY, SLOUGH, SL3 8WN, UNITED KINGDOM.
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:
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 January 2023
1,596 
At 31 December 2023
1,596 
Depreciation
At 1 January 2023
(1,134)
Charge for the year
(303)
At 31 December 2023
(1,437)
Net book value
At 31 December 2023
3,033 
At 31 December 2022
2,730 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
- 
344 
Loans from directors
- 
16,000 
- 
16,344 
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Reg People Limited Notes to the Accounts for the year ended 31 December 2023
6
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
28,600 
31,200 
Taxes and social security
238 
- 
28,838 
31,200 
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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