2023-02-012024-01-312024-01-31false11957570THE VAN PEOPLE MIDLANDS LIMITED2024-10-29iso4217:GBPxbrli:pure119575702023-02-01119575702024-01-31119575702023-02-012024-01-31119575702022-02-01119575702023-01-31119575702022-02-012023-01-3111957570bus:SmallEntities2023-02-012024-01-3111957570bus:AuditExempt-NoAccountantsReport2023-02-012024-01-3111957570bus:FullAccounts2023-02-012024-01-3111957570bus:PrivateLimitedCompanyLtd2023-02-012024-01-3111957570core:WithinOneYear2024-01-3111957570core:AfterOneYear2024-01-3111957570core:WithinOneYear2023-01-3111957570core:AfterOneYear2023-01-3111957570core:ShareCapital2024-01-3111957570core:SharePremium2024-01-3111957570core:RevaluationReserve2024-01-3111957570core:OtherReservesSubtotal2024-01-3111957570core:RetainedEarningsAccumulatedLosses2024-01-3111957570core:ShareCapital2023-01-3111957570core:SharePremium2023-01-3111957570core:RevaluationReserve2023-01-3111957570core:OtherReservesSubtotal2023-01-3111957570core:RetainedEarningsAccumulatedLosses2023-01-3111957570core:LandBuildings2024-01-3111957570core:PlantMachinery2024-01-3111957570core:Vehicles2024-01-3111957570core:FurnitureFittings2024-01-3111957570core:OfficeEquipment2024-01-3111957570core:NetGoodwill2024-01-3111957570core:IntangibleAssetsOtherThanGoodwill2024-01-3111957570core:ListedExchangeTraded2024-01-3111957570core:UnlistedNon-exchangeTraded2024-01-3111957570core:LandBuildings2023-01-3111957570core:PlantMachinery2023-01-3111957570core:Vehicles2023-01-3111957570core:FurnitureFittings2023-01-3111957570core:OfficeEquipment2023-01-3111957570core:NetGoodwill2023-01-3111957570core:IntangibleAssetsOtherThanGoodwill2023-01-3111957570core:ListedExchangeTraded2023-01-3111957570core:UnlistedNon-exchangeTraded2023-01-3111957570core:LandBuildings2023-02-012024-01-3111957570core:PlantMachinery2023-02-012024-01-3111957570core:Vehicles2023-02-012024-01-3111957570core:FurnitureFittings2023-02-012024-01-3111957570core:OfficeEquipment2023-02-012024-01-3111957570core:NetGoodwill2023-02-012024-01-3111957570core:IntangibleAssetsOtherThanGoodwill2023-02-012024-01-3111957570core:ListedExchangeTraded2023-02-012024-01-3111957570core:UnlistedNon-exchangeTraded2023-02-012024-01-3111957570core:MoreThanFiveYears2023-02-012024-01-3111957570core:Non-currentFinancialInstruments2024-01-3111957570core:Non-currentFinancialInstruments2023-01-3111957570dpl:CostSales2023-02-012024-01-3111957570dpl:DistributionCosts2023-02-012024-01-3111957570core:LandBuildings2023-02-012024-01-3111957570core:PlantMachinery2023-02-012024-01-3111957570core:Vehicles2023-02-012024-01-3111957570core:FurnitureFittings2023-02-012024-01-3111957570core:OfficeEquipment2023-02-012024-01-3111957570dpl:AdministrativeExpenses2023-02-012024-01-3111957570core:NetGoodwill2023-02-012024-01-3111957570core:IntangibleAssetsOtherThanGoodwill2023-02-012024-01-3111957570dpl:GroupUndertakings2023-02-012024-01-3111957570dpl:ParticipatingInterests2023-02-012024-01-3111957570dpl:GroupUndertakingscore:ListedExchangeTraded2023-02-012024-01-3111957570core:ListedExchangeTraded2023-02-012024-01-3111957570dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-02-012024-01-3111957570core:UnlistedNon-exchangeTraded2023-02-012024-01-3111957570dpl:CostSales2022-02-012023-01-3111957570dpl:DistributionCosts2022-02-012023-01-3111957570core:LandBuildings2022-02-012023-01-3111957570core:PlantMachinery2022-02-012023-01-3111957570core:Vehicles2022-02-012023-01-3111957570core:FurnitureFittings2022-02-012023-01-3111957570core:OfficeEquipment2022-02-012023-01-3111957570dpl:AdministrativeExpenses2022-02-012023-01-3111957570core:NetGoodwill2022-02-012023-01-3111957570core:IntangibleAssetsOtherThanGoodwill2022-02-012023-01-3111957570dpl:GroupUndertakings2022-02-012023-01-3111957570dpl:ParticipatingInterests2022-02-012023-01-3111957570dpl:GroupUndertakingscore:ListedExchangeTraded2022-02-012023-01-3111957570core:ListedExchangeTraded2022-02-012023-01-3111957570dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-02-012023-01-3111957570core:UnlistedNon-exchangeTraded2022-02-012023-01-3111957570core:NetGoodwill2024-01-3111957570core:IntangibleAssetsOtherThanGoodwill2024-01-3111957570core:LandBuildings2024-01-3111957570core:PlantMachinery2024-01-3111957570core:Vehicles2024-01-3111957570core:FurnitureFittings2024-01-3111957570core:OfficeEquipment2024-01-3111957570core:AfterOneYear2024-01-3111957570core:WithinOneYear2024-01-3111957570core:ListedExchangeTraded2024-01-3111957570core:UnlistedNon-exchangeTraded2024-01-3111957570core:ShareCapital2024-01-3111957570core:SharePremium2024-01-3111957570core:RevaluationReserve2024-01-3111957570core:OtherReservesSubtotal2024-01-3111957570core:RetainedEarningsAccumulatedLosses2024-01-3111957570core:NetGoodwill2023-01-3111957570core:IntangibleAssetsOtherThanGoodwill2023-01-3111957570core:LandBuildings2023-01-3111957570core:PlantMachinery2023-01-3111957570core:Vehicles2023-01-3111957570core:FurnitureFittings2023-01-3111957570core:OfficeEquipment2023-01-3111957570core:AfterOneYear2023-01-3111957570core:WithinOneYear2023-01-3111957570core:ListedExch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THE VAN PEOPLE MIDLANDS LIMITED

Registered Number
11957570
(England and Wales)

Unaudited Financial Statements for the Year ended
31 January 2024

THE VAN PEOPLE MIDLANDS LIMITED
Company Information
for the year from 1 February 2023 to 31 January 2024

Director

Tarran Singh Sanghera

Registered Address

109c Barkby Road
Leicester
LE4 9LG

Registered Number

11957570 (England and Wales)
THE VAN PEOPLE MIDLANDS LIMITED
Balance Sheet as at
31 January 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Intangible assets37,2009,600
7,2009,600
Current assets
Stocks447,09531,141
Debtors39,38349,209
Cash at bank and on hand27,55733,992
114,035114,342
Creditors amounts falling due within one year5(81,597)(103,468)
Net current assets (liabilities)32,43810,874
Total assets less current liabilities39,63820,474
Net assets39,63820,474
Capital and reserves
Called up share capital22
Profit and loss account39,63620,472
Shareholders' funds39,63820,474
The financial statements were approved and authorised for issue by the Director on 29 October 2024, and are signed on its behalf by:
Tarran Singh Sanghera
Director
Registered Company No. 11957570
THE VAN PEOPLE MIDLANDS LIMITED
Notes to the Financial Statements
for the year ended 31 January 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.
Revenue from sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Current taxation
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Intangible assets
Intangible assets are stated at cost less accumulated amortisation and accumulated impairment losses. The assets are reviewed for impairment if the above factors indicate that the carrying amount may be impaired. Amortisation is included in 'administrative expenses' in the profit and loss account.
Stocks and work in progress
Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).
2.Average number of employees

20242023
Average number of employees during the year00
3.Intangible assets

Other

Total

££
Cost or valuation
At 01 February 2312,00012,000
At 31 January 2412,00012,000
Amortisation and impairment
At 01 February 232,4002,400
Charge for year2,4002,400
At 31 January 244,8004,800
Net book value
At 31 January 247,2007,200
At 31 January 239,6009,600
4.Stocks

2024

2023

££
Other stocks47,09531,141
Total47,09531,141
5.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables5,78325,588
Taxation and social security26,17520,057
Other creditors49,13957,323
Accrued liabilities and deferred income500500
Total81,597103,468
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.