KNOWLEDGE POWERED SOLUTIONS LTD

Company Registration Number:
02941904 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2022

Period of accounts

Start date: 01 January 2022

End date: 31 December 2022

KNOWLEDGE POWERED SOLUTIONS LTD

Contents of the Financial Statements

for the Period Ended 31 December 2022

Balance sheet
Notes

KNOWLEDGE POWERED SOLUTIONS LTD

Balance sheet

As at 31 December 2022


Notes

2022

2 months to 31 December 2021


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets: 3 300,000 300,000
Tangible assets: 4 930 1,461
Investments:   0 0
Total fixed assets: 300,930 301,461
Current assets
Stocks: 0 0
Debtors:   264,596 347,842
Cash at bank and in hand: 48,239 111,299
Investments:   0 0
Total current assets: 312,835 459,141
Creditors: amounts falling due within one year:   (588,970) (485,158)
Net current assets (liabilities): (276,135) (26,017)
Total assets less current liabilities: 24,795 275,444
Creditors: amounts falling due after more than one year:   (105,644) (122,427)
Provision for liabilities: 0 0
Total net assets (liabilities): (80,849) 153,017
Capital and reserves
Called up share capital: 1,129,578 1,129,578
Share premium account: 0 0
Revaluation reserve: 00
Other reserves: 0 0
Profit and loss account: (1,210,427) (976,561)
Shareholders funds: (80,849) 153,017

The notes form part of these financial statements

KNOWLEDGE POWERED SOLUTIONS LTD

Balance sheet statements

For the year ending 31 December 2022 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 14 February 2023
and signed on behalf of the board by:

Name: R Haddon
Status: Director

The notes form part of these financial statements

KNOWLEDGE POWERED SOLUTIONS LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

KNOWLEDGE POWERED SOLUTIONS LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

2. Employees

2022 2 months to 31 December 2021
Average number of employees during the period 7 7

KNOWLEDGE POWERED SOLUTIONS LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

3. Intangible Assets

Total
Cost £
At 01 January 2022 300,000
Additions 0
Disposals 0
Revaluations 0
Transfers 0
At 31 December 2022 300,000
Amortisation
At 01 January 2022 0
Charge for year 0
On disposals 0
Other adjustments 0
At 31 December 2022 0
Net book value
At 31 December 2022 300,000
At 31 December 2021 300,000

KNOWLEDGE POWERED SOLUTIONS LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

4. Tangible Assets

Total
Cost £
At 01 January 2022 9,654
Additions 0
Disposals 0
Revaluations 0
Transfers 0
At 31 December 2022 9,654
Depreciation
At 01 January 2022 8,193
Charge for year 531
On disposals 0
Other adjustments 0
At 31 December 2022 8,724
Net book value
At 31 December 2022 930
At 31 December 2021 1,461