Company registration number 07129707 (England and Wales)
POTENTIALITY UK LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024
PAGES FOR FILING WITH REGISTRAR
POTENTIALITY UK LIMITED
COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2024
Director
M Batistich
Company number
07129707
Registered office
Suite 3 Priory Villas
11 Priory Road
High Wycombe
HP13 6GZ
Accountants
Dales Evans & Co Limited
Chartered Accountants
88/90 Baker Street
London
W1U 6TQ
POTENTIALITY UK LIMITED
CONTENTS
FOR THE YEAR ENDED 31 JANUARY 2024
Page
Accountants' report
1
Balance sheet and notes to the financial statements
2 - 3
POTENTIALITY UK LIMITED
ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF POTENTIALITY UK LIMITED FOR THE YEAR ENDED 31 JANUARY 2024
- 1 -
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Potentiality UK Limited for the year ended 31 January 2024, which comprise the balance sheet, from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com/regulation.
This report is made solely to the board of directors of Potentiality UK Limited, as a body, in accordance with the terms of our engagement letter dated 25 August 2022. Our work has been undertaken solely to prepare for your approval the financial statements of Potentiality UK Limited and state those matters that we have agreed to state to the board of directors of Potentiality UK Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Potentiality UK Limited and its board of directors as a body, for our work or for this report.
It is your duty to ensure that Potentiality UK Limited has kept adequate accounting records and to prepare statutory financial statements that comply with the requirements of the Companies Act 2006. You consider that Potentiality UK Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of Potentiality UK Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
....................................................
30 October 2024
Dales Evans & Co Limited
Date
Chartered Accountants
88/90 Baker Street
London
W1U 6TQ
POTENTIALITY UK LIMITED
BALANCE SHEET
AS AT
31 JANUARY 2024
31 January 2024
- 2 -
2024
2023
£
£
£
£
Fixed assets
252
336
Current assets
155,158
58,019
Prepayments and accrued income
2,212
5,453
Creditors: amounts falling due within one year
(125,838)
(41,184)
Net current assets
31,532
22,288
Total assets less current liabilities
31,784
22,624
Accruals and deferred income
(78,986)
(78,141)
Net liabilities
(47,202)
(55,517)
Capital and reserves
(47,202)
(55,517)
Notes to the financial statements
1
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2024
2023
Number
Number
Employees
2
2
Potentiality UK Limited is a private company limited by shares incorporated in England and Wales. The registered office is Suite 3 Priory Villas, 11 Priory Road, High Wycombe, HP13 6GZ.
For the year ended 31 January 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true
POTENTIALITY UK LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 JANUARY 2024
31 January 2024
- 3 -
The financial statements were approved and signed by the director and authorised for issue on 30 October 2024
M Batistich
Director
Company registration number 07129707 (England and Wales)