Company Registration No. 04009799 (England and Wales)
Tomorrow People Limited
Unaudited accounts
for the year ended 31 December 2025
Tomorrow People Limited
Unaudited accounts
Contents
Tomorrow People Limited
Company Information
for the year ended 31 December 2025
Directors
Steven Walls
Alistair Norman
Company Number
04009799 (England and Wales)
Registered Office
Grosvenor House
11 St. Pauls Square
Birmingham
West Midlands
B3 1RB
Accountants
Caseron Cloud Accounting Ltd
7 Swallow Drive
Stowmarket
Suffolk
IP14 5BY
Tomorrow People Limited
Statement of financial position
as at 31 December 2025
Tangible assets
117,984
163,736
Cash at bank and in hand
878,616
1,154,525
Creditors: amounts falling due within one year
(403,773)
(426,414)
Net current assets
928,531
1,022,572
Total assets less current liabilities
1,046,515
1,186,308
Creditors: amounts falling due after more than one year
(101,198)
(172,135)
Provisions for liabilities
Deferred tax
(20,435)
(29,849)
Net assets
924,882
984,324
Called up share capital
2,238
2,238
Capital redemption reserve
46
46
Profit and loss account
922,598
982,040
Shareholders' funds
924,882
984,324
For the year ending 31 December 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 directors acknowledge their 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 of Directors and authorised for issue on 29 September 2026 and were signed on its behalf by
Alistair Norman
Director
Company Registration No. 04009799
Tomorrow People Limited
Notes to the Accounts
for the year ended 31 December 2025
Tomorrow People Limited is a private company, limited by shares, registered in England and Wales, registration number 04009799. The registered office is Grosvenor House, 11 St. Pauls Square, Birmingham, West Midlands, B3 1RB.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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:
Land & buildings
25% straight line
Plant & machinery
25% on reducing balance
The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.
The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Tomorrow People Limited
Notes to the Accounts
for the year ended 31 December 2025
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.
Monetary 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 rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
4
Intangible fixed assets
Goodwill
At 31 December 2025
15,000
At 31 December 2025
15,000
Tomorrow People Limited
Notes to the Accounts
for the year ended 31 December 2025
5
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At cost
At 1 January 2025
16,738
773
216,928
36,924
86,605
357,968
Additions
-
-
-
-
3,472
3,472
Disposals
-
-
-
(36,924)
(80,176)
(117,100)
At 31 December 2025
16,738
773
216,928
-
9,901
244,340
At 1 January 2025
15,730
399
74,502
28,369
75,232
194,232
Charge for the year
1,006
94
30,990
2,139
3,429
37,658
On disposals
-
-
-
(30,508)
(75,026)
(105,534)
At 31 December 2025
16,736
493
105,492
-
3,635
126,356
At 31 December 2025
2
280
111,436
-
6,266
117,984
At 31 December 2024
1,008
374
142,426
8,555
11,373
163,736
Amounts falling due within one year
Trade debtors
322,562
244,691
Accrued income and prepayments
1,126
49,770
7
Creditors: amounts falling due within one year
2025
2024
Trade creditors
8,622
5,824
Taxes and social security
49,261
115,187
Other creditors
302,101
199,468
Loans from directors
133
36,244
8
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
80,781
102,718
Tomorrow People Limited
Notes to the Accounts
for the year ended 31 December 2025
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Loan - repayable on demand
-
130,000
130,000
-
10
Average number of employees
During the year the average number of employees was 8 (2024: 14).