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REGISTERED NUMBER: 10237907 (England and Wales)














Unaudited Financial Statements

for the Year Ended 30 June 2024

for

People 4 Construction Limited

People 4 Construction Limited (Registered number: 10237907)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3

Chartered Accountants' Report 6

People 4 Construction Limited

Company Information
for the Year Ended 30 June 2024







DIRECTOR: P G Bean





REGISTERED OFFICE: Unit 12 Glenmore Business Park
Stanley Road
Bedford
Bedfordshire
MK42 0XY





REGISTERED NUMBER: 10237907 (England and Wales)





ACCOUNTANTS: GREGORY WILDMAN
The Granary
Crowhill Farm
Ravensden Road
Wilden
Bedfordshire
MK44 2QS

People 4 Construction Limited (Registered number: 10237907)

Statement of Financial Position
30 June 2024

30.6.24 30.6.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 - 3,109

CURRENT ASSETS
Debtors 5 - 58,250

CREDITORS
Amounts falling due within one year 6 7,565 57,468
NET CURRENT (LIABILITIES)/ASSETS (7,565 ) 782
TOTAL ASSETS LESS CURRENT LIABILITIES (7,565 ) 3,891

CREDITORS
Amounts falling due after more than one year 7 - 3,833
NET (LIABILITIES)/ASSETS (7,565 ) 58

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings (7,665 ) (42 )
SHAREHOLDERS' FUNDS (7,565 ) 58

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 26 March 2025 and were signed by:





P G Bean - Director


People 4 Construction Limited (Registered number: 10237907)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

People 4 Construction Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

There were no material departures from that standard.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from provision of subcontractors is recognised at the point the subcontractor is provided.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - 1 ).

People 4 Construction Limited (Registered number: 10237907)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

4. TANGIBLE FIXED ASSETS
Improvements
to
property
£   
COST
At 1 July 2023 4,056
Disposals (4,056 )
At 30 June 2024 -
DEPRECIATION
At 1 July 2023 947
Eliminated on disposal (947 )
At 30 June 2024 -
NET BOOK VALUE
At 30 June 2024 -
At 30 June 2023 3,109

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade debtors - 32,676
Other debtors - 25,574
- 58,250

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Bank loans and overdrafts - 5,915
Trade creditors - 2,435
Amounts owed to associates - 30,754
Social security and other taxes - 61
VAT - 14,948
Other creditors - 168
Directors' current accounts 7,565 3,187
7,565 57,468

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.6.24 30.6.23
£    £   
Bank loans - 1-5 years - 3,833

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.6.24 30.6.23
value: £    £   
100 A Ordinary £1 100 100

People 4 Construction Limited (Registered number: 10237907)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

9. RELATED PARTY DISCLOSURES

The amount outstanding at the year-end due to P Bean was £7,565 (2023 - £3,187)

The amount outstanding at the year-end due from PB Safety Limited, a company under the control of the director, was £Nil (2023 - £30,754).

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
People 4 Construction Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of People 4 Construction Limited for the year ended 30 June 2024 which comprise the Income Statement, Other Comprehensive Income, Statement of Financial Position, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of People 4 Construction Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of People 4 Construction Limited and state those matters that we have agreed to state to the director of People 4 Construction Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than People 4 Construction Limited and its director for our work or for this report.

It is your duty to ensure that People 4 Construction Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of People 4 Construction Limited. You consider that People 4 Construction Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of People 4 Construction Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






GREGORY WILDMAN
The Granary
Crowhill Farm
Ravensden Road
Wilden
Bedfordshire
MK44 2QS


26 March 2025