1 November 2023 false No description of principal activity Taxfiler 2024.6 05969207business:PrivateLimitedCompanyLtd2023-11-012024-10-31 059692072023-10-31 059692072023-11-012024-10-31 05969207business:AuditExempt-NoAccountantsReport2023-11-012024-10-31 05969207business:FilletedAccounts2023-11-012024-10-31 059692072024-10-31 059692072023-10-31 05969207core:WithinOneYear2024-10-31 05969207core:WithinOneYear2023-10-31 05969207countries:EnglandWales2023-11-012024-10-31 05969207business:RegisteredOffice2023-11-012024-10-31 059692072022-11-012023-10-31 05969207business:Micro-entities2023-11-012024-10-31 05969207business:Director12023-11-012024-10-31 iso4217:GBP xbrli:pure
Company Registration No. 05969207 (England and Wales)
POTENTIAL EXPLORATIONS LTD Unaudited accounts for the year ended 31 October 2024
POTENTIAL EXPLORATIONS LTD Annual report and unaudited accounts for the year ended 31 October 2024
CONTENTS
PAGE
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POTENTIAL EXPLORATIONS LTD Statement of Financial Position as at 31 October 2024
2024 
2023 
£ 
£ 
Fixed assets
11 
33 
Current assets
33,236 
44,308 
Prepayments and accrued income
- 
407 
Creditors: amounts falling due within one year
(12,272)
(13,282)
Net current assets
20,964 
31,433 
Total assets less current liabilities
20,975 
31,466 
Accruals and deferred income
(200)
(200)
Net assets
20,775 
31,266 
Capital and reserves
20,775 
31,266 
NOTES TO THE ACCOUNTS
1 Statutory information
POTENTIAL EXPLORATIONS LTD is a private company, limited by shares, registered in England and Wales, registration number 05969207. The registered office is 9 ORCHID GRANGE, CHASE SIDE, LONDON, N14 5HH.
2 Average number of employees
During the year the average number of employees was 0 (2023: 0).
For the year ending 31 October 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and FRS 105, The Financial Reporting Standard applicable to the Micro-entities Regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the board on 18 February 2024
B Hill Director Company Registration No. 05969207
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