1 October 2023 false No description of principal activity Taxfiler 2024.6 10369252business:PrivateLimitedCompanyLtd2023-10-012024-09-30 103692522023-09-30 103692522023-10-012024-09-30 10369252business:AuditExemptWithAccountantsReport2023-10-012024-09-30 10369252business:FilletedAccounts2023-10-012024-09-30 103692522024-09-30 10369252business:Director12023-10-012024-09-30 10369252business:Director22023-10-012024-09-30 10369252business:RegisteredOffice2023-10-012024-09-30 103692522023-09-30 10369252core:WithinOneYear2024-09-30 10369252core:WithinOneYear2023-09-30 10369252core:AfterOneYear2024-09-30 10369252core:AfterOneYear2023-09-30 10369252core:ShareCapitalcore:PreviouslyStatedAmount2024-09-30 10369252core:ShareCapitalcore:PreviouslyStatedAmount2023-09-30 10369252core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-09-30 10369252core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-09-30 10369252core:PreviouslyStatedAmount2024-09-30 10369252core:PreviouslyStatedAmount2023-09-30 10369252business:SmallEntities2023-10-012024-09-30 10369252countries:EnglandWales2023-10-012024-09-30 10369252core:PlantMachinery2023-10-012024-09-30 10369252core:PlantMachinery2023-09-30 10369252core:PlantMachinery2024-09-30 10369252core:AfterOneYear2023-10-012024-09-30 10369252business:OrdinaryShareClass12023-10-012024-09-30 10369252business:OrdinaryShareClass12022-10-012023-09-30 103692522022-10-012023-09-30 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 10369252 (England and Wales)
PEOPLESGATE LIMITED Unaudited accounts for the year ended 30 September 2024
PEOPLESGATE LIMITED Unaudited accounts Contents
Page
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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
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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
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PEOPLESGATE LIMITED Statement of financial position as at 30 September 2024
2024 
2023 
Notes
£ 
£ 
Current assets
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)
Capital and reserves
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
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PEOPLESGATE LIMITED Notes to the Accounts for the year ended 30 September 2024
1
Statutory information
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.
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:
Plant & machinery
20
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 October 2023
405 
At 30 September 2024
405 
Depreciation
At 1 October 2023
405 
At 30 September 2024
405 
Net book value
At 30 September 2024
- 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
145 
1,032 
Other creditors
- 
42 
145 
1,074 
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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 
£ 
£ 
Bank loans
2,485 
4,173 
Barclays Bank Loan
7
Share capital
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).
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