POWERED UP GAMES LIMITED

Company Registration Number:
05515799 (England and Wales)

Unaudited statutory accounts for the year ended 31 July 2023

Period of accounts

Start date: 01 August 2022

End date: 31 July 2023

POWERED UP GAMES LIMITED

Contents of the Financial Statements

for the Period Ended 31 July 2023

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

POWERED UP GAMES LIMITED

Company Information

for the Period Ended 31 July 2023




Director: Paul Sinnett
Secretary: Peter John Sinnett
Registered office: First Floor Flat
5 The Waldrons
Croydon
CR0 4HB
Company Registration Number: 05515799 (England and Wales)

POWERED UP GAMES LIMITED

Directors' Report Period Ended 31 July 2023

The directors present their report with the financial statements of the company for the period ended 31 July 2023

Principal Activities

The principal activity of the company in the period under review was computer programming and programmer education services.

Political and charitable donations

The company made no charitable donations for the period under review. No political donations were made.

Company policy on the employment of disabled persons

The company policy is to employ people based on their programming skill and not their physical ability.

Directors

The directors shown below have held office during the whole of the period from 01 August 2022 to 31 July 2023
Paul Sinnett

Secretary
Peter John Sinnett

This report was approved by the board of directors on 9 April 2024
And Signed On Behalf Of The Board By:

Name: Paul Sinnett
Status: Director

POWERED UP GAMES LIMITED

Profit and Loss Account

for the Period Ended 31 July 2023


Notes

2023
£

2022
£
Turnover 39,600 44,425
Cost of sales ( 32,676 ) ( 30,128 )
Gross Profit or (Loss) 6,924 14,297
Income from coronavirus (COVID-19) business support grants 0 0
Administrative Expenses ( 6,448 ) ( 5,659 )
Operating Profit or (Loss) 476 8,638
Profit or (Loss) Before Tax 476 8,638
Tax on Profit ( 150 ) ( 1,667 )
Profit or (Loss) for Period 326 6,971

The notes form part of these financial statements

POWERED UP GAMES LIMITED

Balance sheet

As at 31 July 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 391 782
Total fixed assets: 391 782
Current assets
Debtors: 5 0 5,175
Cash at bank and in hand: 58,637 54,176
Total current assets: 58,637 59,351
Creditors: amounts falling due within one year: 6 ( 855 ) ( 2,286 )
Net current assets (liabilities): 57,782 57,065
Total assets less current liabilities: 58,173 57,847
Total net assets (liabilities): 58,173 57,847

The notes form part of these financial statements

POWERED UP GAMES LIMITED

Balance sheet continued

As at 31 July 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 1,000 1,000
Profit and loss account: 57,173 56,847
Shareholders funds: 58,173 57,847

For the year ending 31 July 2023 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 9 April 2024
And Signed On Behalf Of The Board By:

Name: Paul Sinnett
Status: Director

The notes form part of these financial statements

POWERED UP GAMES LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

  • 1. Accounting policies

    Basis of measurement and preparation

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

POWERED UP GAMES LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 1 1

POWERED UP GAMES LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

  • 3. Off balance sheet disclosure

    No

POWERED UP GAMES LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

4. Tangible assets

Office equipment Total
Cost £ £
At 01 August 2022 21,266 21,266
Additions 155 155
Disposals ( 2,523 ) ( 2,523 )
Revaluations - -
Transfers - -
At 31 July 2023 18,898 18,898
Depreciation
At 01 August 2022 20,484 20,484
Charge for year 546 546
On disposals ( 2,523 ) ( 2,523 )
Other adjustments - -
At 31 July 2023 18,507 18,507
Net book value
At 31 July 2023 391 391
At 31 July 2022 782 782

POWERED UP GAMES LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

5. Debtors


2023
£

2022
£
Trade debtors 0 5,175
Total 0 5,175

POWERED UP GAMES LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

6.Creditors: amounts falling due within one year note


2023
£

2022
£
Taxation and social security 855 2,286
Total 855 2,286