smallAccCompHo_0921.xslt
Company Registration No. 05540422 (England and Wales)
RATED PEOPLE LIMITED
Financial Statements
for the Period from 01 January 2025 to 30 June 2025

RATED PEOPLE LIMITED

Financial Statements for the period ending 30 June 2025

CONTENTS PAGE
Company Information 2
Statement of Financial Position 3
Notes to the Accounts 4
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RATED PEOPLE LIMITED

Financial Statements for the period ending 30 June 2025

Company Information

Company Details
Company Number 05540422
Registered Office 35 Luke Street
London
EC2A 4LH
Directors
Directors who held office during the period were:
Andrew David BETTELEY   
Adrian Neil COX   
Danielle GUBBAY   
Ottokar ROSENBERGER   
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RATED PEOPLE LIMITED

Financial Statements for the period ending 30 June 2025

Statement of Financial Position

12345678910
Notes 2025 2024
£ £
Fixed Assets
Intangible assets 5 793,762 1,133,688
Tangible assets 6 1,197 6,431
Current Assets
Debtors due 1,066,329 927,740
Cash at bank and in hand 690,128 878,871
1,756,457 1,806,611
Creditors
Amount falling due within one year (3,015,555) (2,805,291)
Net Current Assets (1,259,098) (998,680)
Total Assets less current liabilities (464,139) 141,439
Creditors due after more than one year (6,273,532) (6,347,233)
Net Assets (6,737,671) (6,205,794)
Capital and Reserves
Called up Share Capital 6,415 6,407
Share Premium Account 24,610,331 24,610,331
Other Reserves 466,440 466,440
Retained earnings at end of year (31,820,857) (31,288,972)
Shareholder funds (6,737,671) (6,205,794)
For the year ending 30/06/2025 the company was entitled to exemption 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 members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).
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 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.
Approved by the Board on 14 November 2025
Ottokar Rosenberger
Company Registration No. 05540422
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RATED PEOPLE LIMITED

Financial Statements for the period ending 30 June 2025

Notes to the Accounts

1. Statutory Information
RATED PEOPLE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 05540422.
2. Accounting Policies
Basis of preparing the Financial Statements
These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of FRS 102, applicable to companies subject to the small companies' regime
Presentation Currency
The accounts are presented in £ sterling.
Turnover
Revenue is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods and services provided in the normal course of business, net of discounts, VAT and other sales-related taxes.The company derives revenue from two principal streams: transactional and subscription revenue. Revenue derived from lead and SMS purchases is transactional income and meets the revenue recognition criteria at the time of purchase. Subscription revenue is amortised over the subscription length and entitles tradespeople to leads on the platform. Subject to subscription type, any purchases over their subscription entitlement are purchased with cash, which is recognised as transactional revenue on successful purchase of the lead.
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RATED PEOPLE LIMITED

Financial Statements for the period ending 30 June 2025

Notes to the Accounts

Current Tax
The Company recognises a tax credit for research and development in the year that the qualifying expenditure is incurred. This relates to activity that meets HMRC's criteria for R&D under the RDEC scheme. The Company has a strong track record of successful claims, and the Directors consider it appropriate to recognise the credit in the same financial year as the expenditure.
Tangible Fixed Asset Policy
Items of property, plant and equipment are stated at cost less accumulated depreciation and any recognised impairment loss. Depreciation is recognised to write off the cost of assets less their residual values over their estimated useful lives, using the straight-line method, on the following bases:Servers and computers 33⅓% per annum straight lineFixtures and fittings 33⅓% per annum straight lineDepreciation methods, useful lives and residual values are reviewed at each statement of financial position date.
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RATED PEOPLE LIMITED

Financial Statements for the period ending 30 June 2025

Notes to the Accounts

Intangible Asset Policy
Expenditure on research or development activities is recognised as an expense in the period in which it is incurred.From FY25 onwards, the Company no longer capitalises development or website-related costs as intangible assets. All such expenditure (including internally generated software, website enhancements, and product development) is expensed as incurred.Any intangible assets previously recognised are amortised on a straight-line basis over their remaining estimated useful lives (typically three years) and reviewed for impairment at each reporting date.
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RATED PEOPLE LIMITED

Financial Statements for the period ending 30 June 2025

Notes to the Accounts

3. Employees
Average number of employees, including directors, during the year was as follows:
2025 40
2024 50
4. Principal Activity
Rated People Limited ("the Company") is a private company, limited by shares, incorporated, domiciled and registered in England in the United Kingdom under the Companies Act. The principal activity of the Company is providing an online, fully automated, tradesperson matching service for homeowners wanting to undertake home improvements or maintenance, in order to achieve our mission of bringing together good tradespeople and good homeowners to deliver Better Homes, Better Work, Better Lives.
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RATED PEOPLE LIMITED

Financial Statements for the period ending 30 June 2025

Notes to the Accounts

5. Intangible Assets
Other Total
Cost £ £
At 01/01/2025 4,717,255 4,717,255
Additions - -
Disposals (2,265,826) (2,265,826)
Revaluations - -
At 30/06/2025 2,451,429 2,451,429
Amortisation
At 01/01/2025 3,583,567 3,583,567
Charge for the Year 339,926 339,926
On Disposals (2,265,826) (2,265,826)
Other increases/(decreases) - -
At end of period 1,657,667 1,657,667
Net book value
At 30/06/2025 793,762 793,762
At 31/12/2024 1,133,688 1,133,688
6. Fixed Assets
Fixtures and Fittings Computer Equipment Total
Cost or valuation £ £ £
At 01/01/2025 8,508 47,590 56,098
Additions - - -
Disposals (8,508) (45,994) (54,502)
At 30/06/2025 - 1,596 1,596
Depreciation
At 01/01/2025 8,071 41,596 49,667
Charge for the year 437 4,797 5,234
Disposals (8,508) (45,994) (54,502)
At 30/06/2025 - 399 399
Net Book Value
At 30/06/2025 - 1,197 1,197
At 31/12/2024 437 5,994 6,431
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