IntaPeople Limited

Financial Statements for the Year Ended 31 March 2025

DIRECTORS:

P J Handley

H Handley

A Warner

REGISTERED OFFICE:

Charnwood House

13A Collivaud Place

Ocean Way

Cardiff

CF24 5HF

REGISTERED NUMBER:

02968797 (England and Wales)

ACCOUNTANTS:

BPU Limited

Chartered Accountants

Radnor House

Greenwood Close

Cardiff Gate Business Park

Cardiff

CF23 8AA

The following reproduces the text of the report prepared for the directors 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 Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors 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 IntaPeople Limited for the year ended 31 March 2025 which comprise the Profit and Loss Account, Balance Sheet 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 icaew.com/membershandbook.

This report is made solely to the Board of Directors of IntaPeople Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of IntaPeople Limited and state those matters that we have agreed to state to the Board of Directors of IntaPeople Limited, as a body, in this report in accordance with icaew/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than IntaPeople Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that IntaPeople 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 profit of IntaPeople Limited. You consider that IntaPeople 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 IntaPeople 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.

BPU Limited

Chartered Accountants

30 October 2025

FIXED ASSETS

Intangible assets

3

-

-

Tangible assets

4

7,075

6,639

Investments

5

201

201

7,276

6,840

CURRENT ASSETS

Debtors

6

768,014

985,690

Cash at bank and in hand

22,851

4,788

790,865

990,478

CREDITORS

Amounts falling due within one year

7

508,086

740,513

NET CURRENT ASSETS

282,779

249,965

TOTAL ASSETS LESS CURRENT LIABILITIES

290,055

256,805

CREDITORS

Amounts falling due after more than one year

8

9,004

19,287

NET ASSETS

281,051

237,518

CAPITAL AND RESERVES

Called up share capital

200

200

Retained earnings

280,851

237,318

SHAREHOLDERS' FUNDS

281,051

237,518

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14 October 2025 and were signed on its behalf by:

P J Handley - Director

1.	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 net invoiced sales of services, excluding value added tax.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of four years.

Tangible fixed assets

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

Office equipment

-

25% straight line

Fixtures and fittings

-

20% straight line

Cycle to work scheme

-

100% straight line

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Pension costs

The company operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to income on a straight line basis over the lease term.

2.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 21 (2024 - 26 ) .

3.	INTANGIBLE FIXED ASSETS

Computer

software

£

COST

At 1 April 2024

and 31 March 2025

10,000

AMORTISATION

At 1 April 2024

and 31 March 2025

10,000

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

4.	TANGIBLE FIXED ASSETS

Fixtures

Cycle to

Office

and

work

equipment

fittings

scheme

Totals

£

£

£

£

COST

At 1 April 2024

60,657

39,373

6,442

106,472

Additions

592

5,362

-

5,954

At 31 March 2025

61,249

44,735

6,442

112,426

DEPRECIATION

At 1 April 2024

55,005

39,373

5,455

99,833

Charge for year

3,573

958

987

5,518

At 31 March 2025

58,578

40,331

6,442

105,351

NET BOOK VALUE

At 31 March 2025

2,671

4,404

-

7,075

At 31 March 2024

5,652

-

987

6,639

5.	FIXED ASSET INVESTMENTS

Shares in group undertakings

£

COST

At 1 April 2022

and 31 March 2023

201

NET BOOK VALUE

At 31 March 2023

201

At 31 March 2022

201

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

324,350

554,324

Other debtors & prepayments

443,664

431,366

768,014

985,690

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

126,312

232,570

Trade creditors

220,313

361,879

Taxes & social security costs

75,361

72,870

Other creditors & accruals

86,100

73,194

508,086

740,513

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

9,004

19,287

9.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank overdrafts

116,256

222,762

Bank loans

19,060

29,095

135,316

251,857

Bank loans and overdrafts are secured by a fixed and floating charge over all the assets of the company.

10.	OTHER FINANCIAL COMMITMENTS

Financial commitments relating to lease rental contracts as at 31 March 2025 total £63,225 over the remainder of the term (2024: £94,839).

11.	ULTIMATE PARENT UNDERTAKING

The company's ultimate parent undertaking is Intapeople Group Limited, a company incorporated in England and Wales.