Company registration number:
11685231
POWERFUL BI LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
30 November 2023
POWERFUL BI LIMITED
Contents
Accountant's report
Statement of financial position
POWERFUL BI LIMITED
Chartered accountant's report to the board of directors on the preparation of the
unaudited statutory financial statements of Powerful BI Limited
Year ended 30 November 2023
In order to assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the financial statements of Powerful BI Limited for the year ended 30 November 2023 which comprise the statement of financial position and related notes from the company's accounting records and from information and explanations you have given me.
As a practising member of the Institute of Chartered Accountants in England and Wales (ICAEW), I am 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 Powerful BI Limited, as a body, in accordance with the terms of my engagement letter. My work has been undertaken solely to prepare for your approval the financial statements of Powerful BI Limited and state those matters that we have agreed to state to the board of directors of Powerful BI Limited as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than Powerful BI Limited and its board of directors as a body for my work or for this report.
It is your duty to ensure that Powerful BI 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 Powerful BI Limited. You consider that Powerful BI Limited is exempt from the statutory audit requirement for the year.
I have not been instructed to carry out an audit or a review of the financial statements of Powerful BI Limited. For this reason, I have not verified the accuracy or completeness of the accounting records or information and explanations you have given to me and I do not, therefore, express any opinion on the statutory financial statements.
Robert Pola
Chartered Accountant
2 Low Road
Congham
Kings Lynn
Norfolk
PE32 1AE
12 January 2024
Powerful BI Limited
Statement of financial position
30 November 2023
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2023 |
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2022 |
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|
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£ |
|
£ |
|
|
|
|
|
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|
|
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Fixed assets |
|
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18,543 |
|
18,658 |
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|
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|
_______ |
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_______ |
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|
|
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|
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Current assets |
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247,844 |
|
366,331 |
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|
|
|
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|
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Creditors: amounts falling due within one year |
|
|
(
47,142) |
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(
64,707) |
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|
|
|
_______ |
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_______ |
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|
|
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Net current assets |
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200,702 |
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301,624 |
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_______ |
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_______ |
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Total assets less current liabilities |
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219,245 |
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320,282 |
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_______ |
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_______ |
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Net assets |
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219,245 |
|
320,282 |
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|
|
|
|
_______ |
|
_______ |
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|
|
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|
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|
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Capital and reserves |
|
|
219,245 |
|
320,282 |
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|
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_______ |
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_______ |
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POWERFUL BI LIMITED
Year ended 30 November 2023
For the year ending 30 November 2023 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
12 January 2024
, and are signed on behalf of the board by:
Mr B Rioch
Director
Company registration number:
11685231
The company is a private company limited by shares, registered in England. The address of the registered office is 15 Bronte Avenue, Fairfield, Hitchin, SG5 4FB.