Silverfin false false 30/11/2024 01/12/2023 30/11/2024 P Beaty 15/04/2019 S C Halford 17/11/2022 11 April 2025 The principal activity of the Company during the financial year was a holding company. 11947533 2024-11-30 11947533 bus:Director1 2024-11-30 11947533 bus:Director2 2024-11-30 11947533 2023-11-30 11947533 core:CurrentFinancialInstruments 2024-11-30 11947533 core:CurrentFinancialInstruments 2023-11-30 11947533 core:ShareCapital 2024-11-30 11947533 core:ShareCapital 2023-11-30 11947533 core:RetainedEarningsAccumulatedLosses 2024-11-30 11947533 core:RetainedEarningsAccumulatedLosses 2023-11-30 11947533 2023-12-01 2024-11-30 11947533 bus:FilletedAccounts 2023-12-01 2024-11-30 11947533 bus:SmallEntities 2023-12-01 2024-11-30 11947533 bus:AuditExemptWithAccountantsReport 2023-12-01 2024-11-30 11947533 bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 11947533 bus:Director1 2023-12-01 2024-11-30 11947533 bus:Director2 2023-12-01 2024-11-30 11947533 2022-12-01 2023-11-30 iso4217:GBP xbrli:pure

Company No: 11947533 (England and Wales)

PEOPLE PEOPLE HOLDINGS LTD

Unaudited Financial Statements
For the financial year ended 30 November 2024
Pages for filing with the registrar

PEOPLE PEOPLE HOLDINGS LTD

Unaudited Financial Statements

For the financial year ended 30 November 2024

Contents

PEOPLE PEOPLE HOLDINGS LTD

COMPANY INFORMATION

For the financial year ended 30 November 2024
PEOPLE PEOPLE HOLDINGS LTD

COMPANY INFORMATION (continued)

For the financial year ended 30 November 2024
DIRECTORS P Beaty
S C Halford
REGISTERED OFFICE Rowsley Manor 2 Westminster Road
Eccles
Manchester
M30 9HF
United Kingdom
COMPANY NUMBER 11947533 (England and Wales)
ACCOUNTANT Barlow Andrews LLP
Carlyle House
78 Chorley New Road
Bolton
BL1 4BY
United Kingdom
PEOPLE PEOPLE HOLDINGS LTD

BALANCE SHEET

As at 30 November 2024
PEOPLE PEOPLE HOLDINGS LTD

BALANCE SHEET (continued)

As at 30 November 2024
Note 2024 2023
£ £
Fixed assets
Investments 3 193,522 178,050
193,522 178,050
Current assets
Debtors 4 246,339 213,982
Cash at bank and in hand 349,624 357,220
595,963 571,202
Creditors: amounts falling due within one year 5 ( 5,641) ( 4,964)
Net current assets 590,322 566,238
Total assets less current liabilities 783,844 744,288
Net assets 783,844 744,288
Capital and reserves
Called-up share capital 100 100
Profit and loss account 783,744 744,188
Total shareholders' funds 783,844 744,288

For the financial year ending 30 November 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements of People People Holdings Ltd (registered number: 11947533) were approved and authorised for issue by the Board of Directors on 11 April 2025. They were signed on its behalf by:

P Beaty
Director
PEOPLE PEOPLE HOLDINGS LTD

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 November 2024
PEOPLE PEOPLE HOLDINGS LTD

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 November 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

People People Holdings Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Rowsley Manor 2 Westminster Road, Eccles, Manchester, M30 9HF, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Foreign currency

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Balance Sheet date are reported at the rates of exchange prevailing at that date.

Exchange differences are recognised in the Profit and Loss Account in the period in which they arise except for exchange differences arising on gains or losses on non-monetary items which are recognised in the Statement of Comprehensive Income.

Employee benefits

Defined contribution schemes
The Company operates a defined contribution scheme. The amount charged to the Profit and Loss Account in respect of pension costs and other post-retirement benefits is the contributions payable in the financial year. Differences between contributions payable in the financial year and contributions actually paid are included as either accruals or prepayments in the Balance Sheet.

Fixed asset investments

Investments are recognised initially at fair value which is normally the transaction price excluding transaction costs. Subsequently, they are measured at fair value through profit or loss if the shares are publicly traded or their fair value can otherwise be measured reliably. Other investments are measured at cost less impairment.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Financial assets are derecognised when and only when the contractual rights to the cash flows from the financial asset expire or are settled, or the Company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or the Company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Basic financial liabilities
Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Financial liabilities are derecognised when the company’s contractual obligations expire or are discharged or cancelled.

Equity instruments
Equity instruments issued by the Company are recorded at the fair value of cash or other resources received or receivable, net of direct issue costs. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the Company.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including directors 2 2

3. Fixed asset investments

2024 2023
£ £
Subsidiary undertakings 50 50
Other investments and loans 193,472 178,000
193,522 178,050

4. Debtors

2024 2023
£ £
Amounts owed by Group undertakings 91,737 81,737
Corporation tax 39,012 33,370
Other debtors 115,590 98,875
246,339 213,982

5. Creditors: amounts falling due within one year

2024 2023
£ £
Taxation and social security 5,641 4,964

6. Related party transactions

Transactions with the entity's directors

The directors owed the company £110,086 plus interest at 5% of £5,504 (2023 - £94,167 plus £4,708 interest) at the year end.