People Deliver Projects Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 06166902 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2020

FOR

PEOPLE DELIVER PROJECTS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

A M Taylor

REGISTERED OFFICE:

32 Logan Road

Bishopston

Bristol

BS7 8DT

REGISTERED NUMBER:

06166902 (England and Wales)

ACCOUNTANTS:

Mitchell Glanville (Bristol) Limited

The Garden Suite

23 Westfield Park

Redland

Bristol

BS6 6LT

FIXED ASSETS

Tangible assets

4

25,172

29,792

CURRENT ASSETS

Debtors

5

56,728

162,576

Cash at bank and in hand

199,433

140,884

256,161

303,460

CREDITORS

Amounts falling due within one year

6

46,245

69,033

NET CURRENT ASSETS

209,916

234,427

TOTAL ASSETS LESS CURRENT LIABILITIES

235,088

264,219

PROVISIONS FOR LIABILITIES

4,782

5,661

NET ASSETS

230,306

258,558

CAPITAL AND RESERVES

Called up share capital

7

300

300

Retained earnings

230,006

258,258

SHAREHOLDERS' FUNDS

230,306

258,558

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2020 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 26 October 2020 and were signed by:

A M Taylor - Director

1.	STATUTORY INFORMATION

People Deliver Projects Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

Improvements to property

-

not provided

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

15% on cost

Taxation

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

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 3 (2019 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2019

and 31 March 2020

42,815

DEPRECIATION

At 1 April 2019

13,023

Charge for year

4,620

At 31 March 2020

17,643

NET BOOK VALUE

At 31 March 2020

25,172

At 31 March 2019

29,792

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2020

2019

£

£

Trade debtors

48,823

147,729

Other debtors

7,905

14,847

56,728

162,576

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2020

2019

£

£

Trade creditors

-

21,641

Taxation and social security

25,816

31,277

Other creditors

20,429

16,115

46,245

69,033

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2020

2019

value:

£

£

200

A Ordinary

£1

200

200

100

B Ordinary

£1

100

100

300

300