ACCOUNTS - Final Accounts preparation

Registered number: 12604741

THE LEADING PEAPLE COMPANY LTD

UNAUDITED

DIRECTOR'S REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2026

THE LEADING PEAPLE COMPANY LTD

Company Information

Director	D J Peaple


Registered number	12604741


Registered office	3rd Floor
	12 Gough Square
	London
	EC4A 3DW

THE LEADING PEAPLE COMPANY LTD

Registered number: 12604741

Balance sheet

As at 31 May 2026

		2026		2025
Note		£		£

Fixed assets
Tangible assets	4		96		165
			96		165
Current assets
Debtors		398		5,079
Cash at bank and in hand		6,892		3,767
		7,290		8,846
Creditors: amounts falling due within one year	5	(32,970)		(26,946)
Net current liabilities			(25,680)		(18,100)
Total assets less current liabilities			(25,584)		(17,935)

Net liabilities			(25,584)		(17,935)

Capital and reserves
Called up share capital	150	150
Profit and loss account	(25,734)	(18,085)
	(25,584)	(17,935)

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THE LEADING PEAPLE COMPANY LTD

Registered number: 12604741

Balance sheet (continued)

As at 31 May 2026

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 1 September 2026.

D J Peaple

Director

The notes on pages 3 to 6 form part of these financial statements.

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THE LEADING PEAPLE COMPANY LTD

Notes to the financial statements

For the year ended 31 May 2026

1.	General information

The Leading Peaple Company Limited is a private limited company, incorporated in the United Kingdom and registered in England and Wales. The Company's registered office address is 3rd Floor, 12 Gough Square, London, EC4A 3DW.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Going concern

The financial statements have been prepared on a going basis despite an excess of total liabilities over total assets of £25,584. The director considers this to be appropriate as it is his intention to provide financial support in order to enable the Company to meet its liabilities and obligations as they fall due for at least twelve months from the date of approval of these financial statements.
These financial statements do not include any adjustment that might be necessary should such support be withdrawn.

2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

∙the amount of revenue can be measured reliably;

∙it is probable that the Company will receive the consideration due under the contract;

∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and

∙the costs incurred and the costs to complete the contract can be measured reliably.

2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

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THE LEADING PEAPLE COMPANY LTD

Notes to the financial statements

For the year ended 31 May 2026

2.Accounting policies (continued)

2.5

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.
The contributions are recognised as an expense in the Profit and loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

2.6

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

2.7

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

				Office equipment	-	3 years
				Computer equipment	-	3 years

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

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THE LEADING PEAPLE COMPANY LTD

Notes to the financial statements

For the year ended 31 May 2026

2.Accounting policies (continued)

2.8

Debtors

Debtors are measured at transaction price, less any impairment.

2.9

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

2.10

Creditors

Creditors are measured at the transaction price.

Employees

The average monthly number of employees, including directors, during the year was 2 (2025 - 2).

4.	Tangible fixed assets

		Computer equipment
		£
	Cost or valuation
	At 1 June 2025	2,804
	At 31 May 2026	2,804
	Depreciation
	At 1 June 2025	2,639
	Charge for the year on owned assets	69
	At 31 May 2026	2,708
	Net book value
	At 31 May 2026	96
	At 31 May 2025	165

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THE LEADING PEAPLE COMPANY LTD

Notes to the financial statements

For the year ended 31 May 2026

5.	Creditors: Amounts falling due within one year
		2026	2025
		£	£

Trade creditors	87	65
Other taxation and social security	-	861
Other creditors	28,603	20,740
Accruals and deferred income	4,280	5,280
	32,970	26,946

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