Company Registration No. 14684348 (England and Wales)
PEOPLE SUPPORTED TECHNOLOGIES LIMITED
Unaudited accounts
for the period from 23 February 2023 to 29 February 2024
PEOPLE SUPPORTED TECHNOLOGIES LIMITED
Unaudited accounts
Contents
PEOPLE SUPPORTED TECHNOLOGIES LIMITED
Company Information
for the period from 23 February 2023 to 29 February 2024
Directors
Georgina Denis
Dr Niccolo Pescetelli
Company Number
14684348 (England and Wales)
Registered Office
THIRD FLOOR
20 OLD BAILEY
LONDON
EC4M 7AN
UNITED KINGDOM
PEOPLE SUPPORTED TECHNOLOGIES LIMITED
Statement of financial position
as at 29 February 2024
Cash at bank and in hand
140,378
Creditors: amounts falling due within one year
(139,413)
Called up share capital
1,020
Profit and loss account
486
For the period ending 29 February 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 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 29 October 2024 and were signed on its behalf by
Dr Niccolo Pescetelli
Director
Company Registration No. 14684348
PEOPLE SUPPORTED TECHNOLOGIES LIMITED
Notes to the Accounts
for the period from 23 February 2023 to 29 February 2024
PEOPLE SUPPORTED TECHNOLOGIES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 14684348. The registered office is THIRD FLOOR, 20 OLD BAILEY, LONDON, EC4M 7AN, 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.
These financial statements for the period from 23 February 2023 to 29 February 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 23 February 2023.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Amounts falling due within one year
5
Creditors: amounts falling due within one year
2024
Taxes and social security
115
The funds were transferred from Suru Together Limited, This capital was initially raised under a SAFE agreement to support the startup's operations and strategic initiatives. The funds were subsequently transferred to People Supported Technologies Limited which is to be the parent company, The funds have been treated as loan as of the reporting date.
6
Average number of employees
During the period the average number of employees was 0.