Company Registration No. 03801240 (England and Wales)
People First Consultancy Limited
Unaudited accounts
for the year ended 31 July 2017
People First Consultancy Limited
Unaudited accounts
Contents
People First Consultancy Limited
Company Information
for the year ended 31 July 2017
Director
L V WATKINSON-SMITH
Company Number
03801240 (England and Wales)
Registered Office
54 FIVE HEADS ROAD
WATERLOOVILLE
PO8 9NU
ENGLAND
People First Consultancy Limited
Statement of financial position
as at 31 July 2017
Cash at bank and in hand
28,092
Creditors: amounts falling due within one year
(11,420)
Profit and loss account
20,872
Shareholders' funds
20,872
For the year ending 31 July 2017 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 director acknowledges her 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.
Approved by the Board on 15 March 2018.
L V WATKINSON-SMITH
Director
Company Registration No. 03801240
People First Consultancy Limited
Notes to the Accounts
for the year ended 31 July 2017
People First Consultancy Limited is a private company, limited by shares, registered in England and Wales, registration number 03801240. The registered office is 54 FIVE HEADS ROAD, WATERLOOVILLE, PO8 9NU, ENGLAND.
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.
These financial statements for the year ended 31 July 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 August 2016.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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.
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 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:
Plant & machinery
25% straight line
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 August 2016
909
(270)
639
At 31 July 2017
909
(270)
639
At 1 August 2016
(294)
-
(294)
At 31 July 2017
(294)
-
(294)
At 31 July 2017
1,203
(270)
933
People First Consultancy Limited
Notes to the Accounts
for the year ended 31 July 2017
6
Creditors: amounts falling due within one year
2017
Taxes and social security
(1,095)
7
Average number of employees
During the year the average number of employees was 1.
