2022-11-01 07850703 2023-10-31 07850703 2022-11-01 2023-10-31 07850703 2022-10-31 07850703 2021-11-01 2022-10-31 07850703 uk-core:WithinOneYear 2022-10-31 07850703 uk-core:WithinOneYear 2023-10-31 07850703 uk-core:ShareCapital 2023-10-31 07850703 uk-core:ShareCapital 2022-10-31 07850703 uk-core:RetainedEarningsAccumulatedLosses 2023-10-31 07850703 uk-core:RetainedEarningsAccumulatedLosses 2022-10-31 07850703 uk-bus:Director1 2022-11-01 2023-10-31 iso4217:GBP xbrli:pure 07850703 uk-bus:AuditExemptWithAccountantsReport 2022-11-01 2023-10-31 07850703 uk-bus:FRS102 2022-11-01 2023-10-31 07850703 uk-bus:FilletedAccounts 2022-11-01 2023-10-31 07850703 uk-bus:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31
Powerhouse Publishing Ltd
Registered Number:07850703
For the year ended 31 October 2023
England and Wales
Unaudited Financial Statements
2
Registered Number :
07850703
As at 31 October 2023
Powerhouse Publishing Ltd
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
3,365
2,875
2
3,365
2,875
Current assets
22,991
Cash and cash equivalents
3,217
3,217
22,991
Trade and other payables: amounts falling due within one
year
(64,420)
(66,034)
3
(41,429)
(62,817)
Net current liabilities
Total assets less current liabilities
(59,452)
(38,554)
(59,452)
Net liabilities
(38,554)
Capital and reserves
Called up share capital
1
1
Retained earnings
(59,453)
(38,555)
(59,452)
(38,554)
Shareholders' funds
For the year ended 31 October 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 of its financial statements for the year ended 31 October 2023 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Section
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr JONATHAN WILLIAMS Director
These financial statements were approved and authorised for issue by the Board on 29 July 2024 and were signed by:
The notes form part of these financial statements
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3
For the year ended 31 October 2023
Powerhouse Publishing Ltd
Notes to the Financial Statements
Statutory Information
Powerhouse Publishing Ltd is a private limited company, limited by shares, domiciled in England and Wales,
registration number 07850703.
Registered address:
Courthill House
60 Water Lane
Wilmslow
Cheshire
SK9 5AJ
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2. Property, plant and equipment
Computer
equipment
£
Cost or
valuation
At 01 November 2022
22,776
1,613
Additions
At 31 October 2023
24,389
Provision for depreciation and impairment
At 01 November 2022
19,901
Charge for year
1,123
At 31 October 2023
21,024
At 31 October 2023
Net book value
3,365
At 31 October 2022
2,875
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4
For the year ended 31 October 2023
Powerhouse Publishing Ltd
Notes to the Financial Statements Continued
3. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Accruals and deferred income
780
780
Directors' loan accounts
65,254
63,640
66,034
64,420
4. Average number of persons employed
During the year the average number of employees was 1 (2022 : 1)
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