Abbreviated Company Accounts - THE PEOPLE POD LIMITED

THE PEOPLE POD LIMITED - Company Information

06039371 THE PEOPLE POD LIMITED 2015-01-31 false 2014-02-01 2015-01-31 true 06039371 2014-02-01 2015-01-31 06039371 2015-01-31 06039371 2014-01-31 06039371 uk-gaap-cd-bus:Director1 2014-02-01 2015-01-31 06039371 uk-gaap-cd-bus:Director2 2014-02-01 2015-01-31 uk-gaap-cd-bus:Director3 2014-02-01 2015-01-31 uk-gaap-cd-bus:Director3 2015-01-31 uk-gaap-cd-bus:Director3 2014-01-31 iso4217:GBP shares

Registered Number 06039371

THE PEOPLE POD LIMITED

Abbreviated Accounts

31 January 2015

THE PEOPLE POD LIMITED Registered Number 06039371

Abbreviated Balance Sheet as at 31 January 2015

	Notes	2015	2014
		£	£
Fixed assets
Intangible assets	2	11,000	7,857
		11,000	7,857
Current assets
Debtors		4,447	9,534
Cash at bank and in hand		4,404	1,026
		8,851	10,560
Creditors: amounts falling due within one year		(9,500)	(6,486)
Net current assets (liabilities)		(649)	4,074
Total assets less current liabilities		10,351	11,931
Accruals and deferred income		(925)	(943)
Total net assets (liabilities)		9,426	10,988
Capital and reserves
Called up share capital		2	2
Profit and loss account		9,424	10,986
Shareholders' funds		9,426	10,988

For the year ending 31 January 2015 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 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.

Approved by the Board on 11 March 2015

And signed on their behalf by:
Mark Hargreaves, Director

THE PEOPLE POD LIMITED Registered Number 06039371

Notes to the Abbreviated Accounts for the period ended 31 January 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.

Tangible assets depreciation policy
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Fixtures & Fittings - 15% reducing balance

2Intangible fixed assets

	£
Cost
At 1 February 2014	13,868
Additions	4,322
Disposals	-
Revaluations	-
Transfers	-
At 31 January 2015	18,190
Amortisation
At 1 February 2014	6,011
Charge for the year	1,179
On disposals	-
At 31 January 2015	7,190
Net book values
At 31 January 2015	11,000
At 31 January 2014	7,857

3Transactions with directors

Name of director receiving advance or credit:	Mark Hargreaves and Andrew Jackson
Description of the transaction:	Directors Loans
Balance at 1 February 2014:	£ 5,044
Advances or credits made:	£ 2,255
Advances or credits repaid:	-
Balance at 31 January 2015:	£ 7,299

During the year, the company paid a dividend of £55,000 to the directors (2014 £55,000)