Company Registration No. 10910169 (England and Wales)
Powerwatts UK Limited
Unaudited financial statements
for the year ended 31 October 2023
Pages for filing with the registrar
Powerwatts UK Limited
Statement of financial position
As at 31 October 2023
1
2023
2022
£
£
£
£
Fixed assets
299,576
301,317
Current assets
14,476
Creditors: amounts falling due within one year
(578,193)
(470,706)
Net current liabilities
(563,717)
(470,706)
Total assets less current liabilities
(264,141)
(169,389)
Net liabilities
(264,141)
(169,389)
Capital and reserves
(264,141)
(169,389)
Notes to the financial statements
1
Financial commitments, guarantees and contingencies
As at the reporting date 31 October 2023, the company has non-cancellable operating lease commitments of £75,000 (2022: £0).
2
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2023
2022
Number
Number
Employees
2
2
Powerwatts UK Limited is a private company limited by shares incorporated in England and Wales. The registered office is 71 Queen Victoria Street, London, EC4V 4BE.
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 directors acknowledge their 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.
The directors of the company have elected not to include a copy of the income statement within the financial statements.true
Powerwatts UK Limited
Statement of financial position (continued)
As at 31 October 2023
2
The financial statements were approved by the board of directors and authorised for issue on 31 December 2024 and are signed on its behalf by:
..............................................
Neil Franks
Director
Company registration number 10910169 (England and Wales)