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Company Registration No. 13377251 (England and Wales)
IRO: People, Performance, Insight Ltd Unaudited accounts for the year ended 31 May 2025
IRO: People, Performance, Insight Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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IRO: People, Performance, Insight Ltd Company Information for the year ended 31 May 2025
Director
H David
Company Number
13377251 (England and Wales)
Registered Office
Suite G04 1 Quality Court Chancery Lane London WC2A 1HR England
Accountants
Taxsense 203 West Street Fareham Hants PO16 0EN
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IRO: People, Performance, Insight Ltd Statement of financial position as at 31 May 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
2,617
3,489
Current assets
Cash at bank and in hand
21,910
19,869
Creditors: amounts falling due within one year
5
(23,256)
(28,014)
Net current liabilities
(1,346)
(8,145)
Net assets/(liabilities)
1,271
(4,656)
Capital and reserves
Called up share capital
1
1
Profit and loss account
1,270
(4,657)
Shareholders' funds
1,271
(4,656)
For the year ending 31 May 2025 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 director acknowledges his 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 and authorised for issue on 19 September 2025 and were signed on its behalf by
H David Director Company Registration No. 13377251
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IRO: People, Performance, Insight Ltd Notes to the Accounts for the year ended 31 May 2025
1
Statutory information
IRO: People, Performance, Insight Ltd is a private company, limited by shares, registered in England and Wales, registration number 13377251. The registered office is Suite G04 1 Quality Court, Chancery Lane, London, WC2A 1HR, England.
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:
Computer equipment
25 % Reducing balance
4
Tangible fixed assets
Computer equipment
£
Cost or valuation
At cost
At 1 June 2024
8,269
At 31 May 2025
8,269
Depreciation
At 1 June 2024
4,780
Charge for the year
872
At 31 May 2025
5,652
Net book value
At 31 May 2025
2,617
At 31 May 2024
3,489
5
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
2,159
1,677
Taxes and social security
648
532
Loans from directors
17,739
24,554
Accruals
2,710
1,251
23,256
28,014
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IRO: People, Performance, Insight Ltd Notes to the Accounts for the year ended 31 May 2025
6
Loans to directors
Brought Forward
Advance/ credit
Repaid
Carried Forward
£
£
£
£
H David
Directors Current accounts
(24,554)
(9,183)
(15,998)
(17,739)
(24,554)
(9,183)
(15,998)
(17,739)
7
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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