1 July 2022 false Taxfiler 2023.10 true 13443890business:PrivateLimitedCompanyLtd2022-07-012023-06-30 134438902022-06-30 134438902022-07-012023-06-30 13443890business:AuditExempt-NoAccountantsReport2022-07-012023-06-30 13443890business:FilletedAccounts2022-07-012023-06-30 134438902023-06-30 13443890business:Director12022-07-012023-06-30 13443890business:RegisteredOffice2022-07-012023-06-30 134438902022-06-30 13443890core:WithinOneYear2023-06-30 13443890core:WithinOneYear2022-06-30 13443890core:ShareCapitalcore:PreviouslyStatedAmount2023-06-30 13443890core:ShareCapitalcore:PreviouslyStatedAmount2022-06-30 13443890core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-06-30 13443890core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-06-30 13443890core:PreviouslyStatedAmount2023-06-30 13443890core:PreviouslyStatedAmount2022-06-30 13443890business:SmallEntities2022-07-012023-06-30 13443890countries:EnglandWales2022-07-012023-06-30 13443890core:ComputerEquipment2022-07-012023-06-30 13443890core:ComputerEquipment2022-06-30 13443890core:ComputerEquipment2023-06-30 134438902021-06-082022-06-30 iso4217:GBP xbrli:pure
Company Registration No. 13443890 (England and Wales)
Empowered Media Limited Unaudited accounts for the year ended 30 June 2023
Empowered Media Limited Unaudited accounts Contents
Page
- 2 -
Empowered Media Limited Company Information for the year ended 30 June 2023
Director
Mrs Z Ahmed
Company Number
13443890 (England and Wales)
Registered Office
20-22 Wenlock Road London N1 7GU
- 3 -
Empowered Media Limited Statement of financial position as at 30 June 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,243 
967 
Current assets
Debtors
- 
1,878 
Cash at bank and in hand
129 
7,209 
129 
9,087 
Creditors: amounts falling due within one year
(3,699)
(3,962)
Net current (liabilities)/assets
(3,570)
5,125 
Net (liabilities)/assets
(2,327)
6,092 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(2,427)
5,992 
Shareholders' funds
(2,327)
6,092 
For the year ending 30 June 2023 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.
The financial statements were approved by the Board and authorised for issue on 4 November 2023 and were signed on its behalf by
Mrs Z Ahmed Director Company Registration No. 13443890
- 4 -
Empowered Media Limited Notes to the Accounts for the year ended 30 June 2023
1
Statutory information
Empowered Media Limited is a private company, limited by shares, registered in England and Wales, registration number 13443890. The registered office is 20-22 Wenlock Road, London, N1 7GU.
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, and other sales taxes. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Going concern
These financial statements have been drawn up on the going concern basis. If the going concern basis were not appropriate, adjustments would have been made to reduce assets to recoverable amounts, to provide for any further liabilities that might arise, and to re-classify fixed assets as current assets and long term liabilities as current liabilities.
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:
Computer equipment
20% on a straight-line basis
Taxation
The tax expense represents the tax currently payable. This based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.
- 5 -
Empowered Media Limited Notes to the Accounts for the year ended 30 June 2023
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 July 2022
1,209 
Additions
648 
At 30 June 2023
1,857 
Depreciation
At 1 July 2022
242 
Charge for the year
372 
At 30 June 2023
614 
Net book value
At 30 June 2023
1,243 
At 30 June 2022
967 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
1,578 
Other debtors
- 
300 
- 
1,878 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
- 
3,204 
Other creditors
3,699 
758 
3,699 
3,962 
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).
- 6 -