REGISTERED NUMBER: 05901254 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

Extra People Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

T A Walker

Mrs H Walker

REGISTERED OFFICE:

Sherwood House

41 Queens Road

Farnborough

Hants

GU14 6JP

REGISTERED NUMBER:

05901254 (England and Wales)

ACCOUNTANTS:

Jones & Co

Sherwood House

41 Queens Road

Farnborough

Hants

GU14 6JP

FIXED ASSETS

Tangible assets

4

31,941

22,612

CURRENT ASSETS

Debtors

5

345,459

353,300

Cash at bank

1,313,566

1,239,264

1,659,025

1,592,564

CREDITORS

Amounts falling due within one year

6

444,042

384,956

NET CURRENT ASSETS

1,214,983

1,207,608

TOTAL ASSETS LESS CURRENT LIABILITIES

1,246,924

1,230,220

CREDITORS

Amounts falling due after more than one year

7

5,833

15,833

NET ASSETS

1,241,091

1,214,387

CAPITAL AND RESERVES

Called up share capital

101

101

Retained earnings

1,240,990

1,214,286

SHAREHOLDERS' FUNDS

1,241,091

1,214,387

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 30 September 2025 and were signed on its behalf by:

T A Walker - Director

1.	STATUTORY INFORMATION

Extra People 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.

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.

Turnover

Turnover represents amounts receivable for services, excluding value added tax and is recognised when the performer has carried out their assignment.

Tangible fixed assets

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

Fixtures and fittings

-

20% on reducing balance

Office equipment

-

20% on reducing balance

Taxation

Taxation for the year comprises current tax recognised as the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is not recognised in respect of any timing differences that have originated but not reversed at the balance sheet date since the amount is not considered to be material.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 11 (2023 - 12 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Office

fittings

equipment

Totals

£

£

£

COST

At 1 January 2024

7,401

38,675

46,076

Additions

11,755

5,558

17,313

At 31 December 2024

19,156

44,233

63,389

DEPRECIATION

At 1 January 2024

2,373

21,091

23,464

Charge for year

3,356

4,628

7,984

At 31 December 2024

5,729

25,719

31,448

NET BOOK VALUE

At 31 December 2024

13,427

18,514

31,941

At 31 December 2023

5,028

17,584

22,612

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

191,104

155,539

Other debtors

154,355

197,761

345,459

353,300

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans and overdrafts

10,000

10,000

Trade creditors

2,187

1,428

Taxation and social security

198,656

185,571

Other creditors

233,199

187,957

444,042

384,956

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans

5,833

15,833

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2024 and 31 December 2023:

31.12.24

31.12.23

£

£

T A Walker and Mrs H Walker

Balance outstanding at start of year

132,343

(1,838

)

Amounts advanced

307,219

314,181

Amounts repaid

(360,000

)

(180,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

79,562

132,343