Company Registration No. 10369252 (England and Wales)
PEOPLESGATE LIMITED
Unaudited accounts
for the year ended 30 September 2024
PEOPLESGATE LIMITED
Unaudited accounts
Contents
PEOPLESGATE LIMITED
Company Information
for the year ended 30 September 2024
Directors
Felicia Njoku
Isaac Uzoma Njoku
Company Number
10369252 (England and Wales)
Registered Office
122 Jarrom Street
Leicester
Leicestershire
LE2 7DE
United Kingdom
Accountants
Progressing Pounds Limited
32 Smedmore Road
Leicester
LE5 0NH
PEOPLESGATE LIMITED
Accountants' report
Accountants' report to the board of directors of PEOPLESGATE LIMITED (the company)
These financial statements have been prepared in accordance with our terms of engagement and in order to assist you to fulfil your duties under the Companies Acts that relate to preparing the financial statements of the company for the year ended 30 September 2024.
We have prepared these financial statements based on the accounting records, information and explanations provided by you. We do not express any opinion on the financial statements.
On the balance sheet you have acknowledged your duties under the prevailing Companies Acts to ensure that the company keeps adequate accounting records and prepares financial statements that give "a true and fair view".
You have determined that the company is exempt from the statutory requirement for an audit for the year ended 30 September 2024. Therefore, the financial statements are unaudited.
The financial statements are provided exclusively to the director for the limited purpose mentioned above, and may not be used or relied upon for any other purpose or by any other person, and we shall not be liable for any other usage or reliance.
Progressing Pounds Limited
32 Smedmore Road
Leicester
LE5 0NH
11 September 2025
PEOPLESGATE LIMITED
Statement of financial position
as at 30 September 2024
Cash at bank and in hand
940
104
Creditors: amounts falling due within one year
(145)
(1,074)
Net current assets/(liabilities)
795
(970)
Total assets less current liabilities
795
(970)
Creditors: amounts falling due after more than one year
(2,485)
(4,173)
Net liabilities
(1,690)
(5,143)
Called up share capital
1
1
Profit and loss account
(1,691)
(5,144)
Shareholders' funds
(1,690)
(5,143)
For the year ending 30 September 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 19 June 2025 and were signed on its behalf by
Isaac Uzoma Njoku
Director
Company Registration No. 10369252
PEOPLESGATE LIMITED
Notes to the Accounts
for the year ended 30 September 2024
PEOPLESGATE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10369252. The registered office is 122 Jarrom Street, Leicester, Leicestershire, LE2 7DE, 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.
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.
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.
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
Plant & machinery
5
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
145
1,032
PEOPLESGATE LIMITED
Notes to the Accounts
for the year ended 30 September 2024
6
Creditors: amounts falling due after more than one year
2024
2023
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).