Purposepeople Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 12428531 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 January 2026

for

Purposepeople Ltd

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

-

830

CURRENT ASSETS

Debtors

5

137,877

82,685

Cash at bank

10,924

27,440

148,801

110,125

CREDITORS

Amounts falling due within one year

6

148,771

91,681

NET CURRENT ASSETS

30

18,444

TOTAL ASSETS LESS CURRENT
LIABILITIES

30

19,274

CREDITORS

Amounts falling due after more than one
year

7

-

(18,333

)

PROVISIONS FOR LIABILITIES

9

-

(158

)

NET ASSETS

30

783

CAPITAL AND RESERVES

Called up share capital

10

2

Retained earnings

28

781

SHAREHOLDERS' FUNDS

30

783

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2026 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 October 2026 and were signed on its behalf by:

Mrs N C Green - Director

1.	STATUTORY INFORMATION

Purposepeople Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

12428531

Registered office:

2 Beclands Road

London

SW17 9TJ

2.	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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Computer equipment

-

25% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2025 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 February 2025

and 31 January 2026

3,322

DEPRECIATION

At 1 February 2025

2,492

Charge for year

830

At 31 January 2026

3,322

NET BOOK VALUE

At 31 January 2026

-

At 31 January 2025

830

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

Trade debtors

2,025

7,332

Other debtors

34,269

19,003

Directors' current accounts

101,583

56,350

137,877

82,685

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

Bank loans and overdrafts (see note 8)

18,333

Other loans (see note 8)

15,050

-

Tax

113,288

66,297

Social security and other taxes

-

943

Pension

-

214

Directors' current accounts

-

3,794

Accrued expenses

2,100

148,771

91,681

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.1.26

31.1.25

£

Bank loans (see note 8)

-

18,333

8.

LOANS

An analysis of the maturity of loans is given below:

31.1.26

31.1.25

£

Amounts falling due within one year or on demand:

Bank loans

18,333

Other loans

15,050

-

33,383

18,333

Amounts falling due between one and two years:

Bank loans - 1-2 years

-

18,333

9.	PROVISIONS FOR LIABILITIES

31.1.26

31.1.25

£

Deferred tax

-

158

Deferred

tax

£

Balance at 1 February 2025

158

Utilised during year

(158

)

Balance at 31 January 2026

-

10.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

31.1.26

31.1.25

value:

£

2

Share capital 1

£1

2

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 January 2026 and 31 January 2025:

31.1.26

31.1.25

£

Mrs J T Martin

Balance outstanding at start of year

(3,794

)

16,728

Amounts advanced

102,363

36,436

Amounts repaid

(54,212

)

(56,958

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

44,357

(3,794

)

Mrs N C Green

Balance outstanding at start of year

56,350

21,293

Amounts advanced

51,089

65,872

Amounts repaid

(50,212

)

(30,815

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

57,227

56,350

12.	ULTIMATE CONTROLLING PARTY

The controlling party is the directors.