People Development Specialists Limited 31/10/2022 iXBRL

PEOPLE DEVELOPMENT SPECIALISTS LIMITED - Company Information

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Company registration number: 04307836

People Development Specialists Limited

Unaudited filleted financial statements

for the year ended

31 October 2022

People Development Specialists Limited

Contents

Directors and other information

Accountants report

Statement of financial position and notes to the financial statements

People Development Specialists Limited

Directors and other information


	Directors	Mrs S L Donnellan
		Miss D S Foot


	Company number	04307836


	Registered office	Office 8 The Barns
		Caddsdown Industrial Park
		Bideford
		Devon
		EX39 3BT


	Business address	Wood Barton
		Combe Martin
		Ilfracombe
		Devon
		EX34 0NE


	Accountants	Giffords LLP
		Office 8 The Barns
		Caddsdown Industrial Park
		Bideford
		Devon
		EX39 3BT

People Development Specialists Limited

Chartered accountants report to the board of directors on the preparation of the

unaudited statutory financial statements of People Development Specialists Limited

Year ended 31 October 2022

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of People Development Specialists Limited for the year ended 31 October 2022 which comprise the statement of financial position and related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com /en/members/regulations-standards-and-guidance/.

This report is made solely to the board of directors of People Development Specialists Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of People Development Specialists Limited and state those matters that we have agreed to state to the board of directors of People Development Specialists Limited as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than People Development Specialists Limited and its board of directors as a body for our work or for this report.

It is your duty to ensure that People Development Specialists Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of People Development Specialists Limited. You consider that People Development Specialists Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of People Development Specialists Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Giffords LLP

Chartered Accountants

Office 8 The Barns

Caddsdown Industrial Park

Bideford

Devon

EX39 3BT

28 July 2023

People Development Specialists Limited

Statement of financial position

31 October 2022

	2022		2021
	£	£	£	£

Fixed assets		40,896		8,838
		________		________

Current assets	436,190		312,507
Prepayments and accrued income	1,058		44,285
	________		________
		437,248		356,792

Creditors: amounts falling due within one year		( 65,806)		( 111,569)
		________		________

Net current assets		371,442		245,223
		________		________

Total assets less current liabilities		412,338		254,061

Accruals and deferred income		( 2,100)		( 1,750)

		________		________
Net assets		410,238		252,311
		________		________

Capital and reserves		410,238		252,311
		________		________

Notes to the financial statements

People Development Specialists Limited

Year ended 31 October 2022

1. Employee numbers

The average number of persons employed by the company during the year amounted to 3 (2021: 3 ).

2. Directors advances, credits and guarantees

	During the year the directors entered into the following advances and credits with the company:

2022
		Balance brought forward	Advances /(credits) to the directors	Amounts repaid	Balance o/standing
		£	£	£	£
	Directors	1,955	92,066	( 94,021)	-
		________	________	________	________

2021
		Balance brought forward	Advances /(credits) to the directors	Amounts repaid	Balance o/standing
		£	£	£	£
	Directors	53,699	171,833	( 223,577)	1,955
		________	________	________	________

The directors had a loan with the company during the year. The rate of interest charged on this loan was 2.0% per annum (2021: 2.5%).

For the year ending 31 October 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors responsiblities:

- The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

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

These financial statements were approved by the board of directors and authorised for issue on 28 July 2023 , and are signed on behalf of the board by:

Mrs S L Donnellan

Director

Company registration number: 04307836

The company is a private company limited by shares, registered in England & Wales.