Acorah Software Products - Accounts Production 15.0.600 false true true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 07195490 Mr Paul Donovan Mr Graham Duthie iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07195490 2023-03-31 07195490 2024-03-31 07195490 2023-04-01 2024-03-31 07195490 frs-core:PlantMachinery 2023-04-01 2024-03-31 07195490 frs-core:ShareCapital 2024-03-31 07195490 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 07195490 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 07195490 frs-bus:AbridgedAccounts 2023-04-01 2024-03-31 07195490 frs-bus:SmallEntities 2023-04-01 2024-03-31 07195490 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 07195490 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 07195490 frs-bus:Director1 2023-04-01 2024-03-31 07195490 frs-bus:Director2 2023-04-01 2024-03-31 07195490 frs-countries:EnglandWales 2023-04-01 2024-03-31 07195490 2022-03-31 07195490 2023-03-31 07195490 2022-04-01 2023-03-31 07195490 frs-core:ShareCapital 2023-03-31 07195490 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 07195490
Empowered Technology Limited
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 March 2024
Pincott Lee (Accountants) Ltd
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—4
Page 1
Abridged Balance Sheet
Registered number: 07195490
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 - 201
- 201
CURRENT ASSETS
Debtors 239 313
Cash at bank and in hand 2,862 904
3,101 1,217
Creditors: Amounts Falling Due Within One Year (17,894 ) (6,113 )
NET CURRENT ASSETS (LIABILITIES) (14,793 ) (4,896 )
TOTAL ASSETS LESS CURRENT LIABILITIES (14,793 ) (4,695 )
NET LIABILITIES (14,793 ) (4,695 )
CAPITAL AND RESERVES
Called up share capital 5 200 200
Profit and Loss Account (14,993 ) (4,895 )
SHAREHOLDERS' FUNDS (14,793) (4,695)
Page 1
Page 2
For the year ending 31 March 2024 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 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
All of the company's members have consented to the preparation of an Abridged Balance Sheet for the year end 31 March 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr Paul Donovan
Director
Mr Graham Duthie
Director
04/10/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
Empowered Technology Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07195490 . The registered office is Suite 7, Bulldog House, London Road, Twyford, Berks, RG10 9EU.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Going Concern Disclosure
The directors note the net liabilities position of the company and have supported the company so that it may meet its obligations as they fall due.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 33% reducing balance and 25% straight line
2.5. Leasing and Hire Purchase Contracts
Rentals under operating leases are charged to the profit and loss account on a straight line basis as incurred.
2.6. Foreign Currencies
Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Exchange differences are recognised in profit and loss.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
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4. Tangible Assets
Total
£
Cost
As at 1 April 2023 25,193
As at 31 March 2024 25,193
Depreciation
As at 1 April 2023 24,992
Provided during the period 201
As at 31 March 2024 25,193
Net Book Value
As at 31 March 2024 -
As at 1 April 2023 201
5. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 200 200
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