People4 Ltd - Filleted accounts

Registered number

12909878

People4 Ltd

Unaudited Filleted Accounts

30 September 2025

People4 Ltd

Registered number:		12909878

Balance Sheet

as at 30 September 2025

	Notes		2025			2024
£				£
Fixed assets
Tangible assets	3		38,085			1,334

Current assets
Debtors	4	153,314			162,052
Cash at bank and in hand		9,547			5,928


		162,861			167,980

Creditors: amounts falling due within one year	5	(91,145)			(126,008)


Net current assets			71,716			41,972


Total assets less current liabilities			109,801			43,306

Creditors: amounts falling due after more than one year	6		(33,688)			(15,674)



Net assets			76,113			27,632


Capital and reserves
Called up share capital			1			1
Profit and loss account			76,112			27,631


Shareholder's funds			76,113			27,632


The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Paula Iddon
Director
Approved by the board on 15 June 2026

People4 Ltd

Notes to the Accounts

for the year ended 30 September 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Office equipment	over 4 years
	Motor vehicles	over 4 years

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.


2	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			1		1


3	Tangible fixed assets
		Office equipment		Motor vehicles		Total
£			£		£
	Cost
	At 1 October 2024	6,964		34,238		41,202
	Additions	-		49,629		49,629
	Disposals	-		(34,238)		(34,238)


	At 30 September 2025	6,964		49,629		56,593


	Depreciation
	At 1 October 2024	5,630		34,238		39,868
	Charge for the year	471		12,407		12,878
	On disposals	-		(34,238)		(34,238)


	At 30 September 2025	6,101		12,407		18,508


	Net book value

	At 30 September 2025	863		37,222		38,085


	At 30 September 2024	1,334		-		1,334



4	Debtors			2025		2024
£					£

	Other debtors			153,314		162,052


5	Creditors: amounts falling due within one year			2025		2024
£					£

	Obligations under finance lease and hire purchase contracts			5,756		4,862
	Trade creditors			447		995
	Taxation and social security costs			43,764		19,160
	Other creditors			41,178		100,991


				91,145		126,008


6	Creditors: amounts falling due after one year			2025		2024
£					£

	Obligations under finance lease and hire purchase contracts			33,688		15,674


7	Related party transactions

	The company was owed £118,791 (2024 - £162,050) at the year-end by Paula Iddon, director and shareholder. This loan is interest-free and repayable on demand. It is included in other debtors in these accounts.


8	Controlling party

	The company is controlled by Paula Iddon, as the sole director and shareholder.


9	Other information

	People4 Ltd is a private company limited by shares and incorporated in England. Its registered office is:

	2 Manor Road
	Cheadle Hulme
	Cheadle
	SK8 7DQ