1 April 2023 false No description of principal activity Taxfiler 2024.6 13967023business:PrivateLimitedCompanyLtd2023-04-012024-05-31 139670232023-03-31 139670232023-04-012024-05-31 13967023business:AuditExemptWithAccountantsReport2023-04-012024-05-31 13967023business:FilletedAccounts2023-04-012024-05-31 139670232024-05-31 13967023business:Director12023-04-012024-05-31 13967023business:RegisteredOffice2023-04-012024-05-31 13967023core:WithinOneYear2024-05-31 13967023core:AfterOneYear2024-05-31 13967023core:ShareCapitalcore:PreviouslyStatedAmount2024-05-31 13967023core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-05-31 13967023core:PreviouslyStatedAmount2024-05-31 13967023business:SmallEntities2023-04-012024-05-31 13967023countries:EnglandWales2023-04-012024-05-31 13967023core:MotorVehicles2023-04-012024-05-31 13967023core:PlantMachinery2023-03-31 13967023core:MotorVehicles2023-03-31 13967023core:ComputerEquipment2023-03-31 13967023core:PlantMachinery2023-04-012024-05-31 13967023core:ComputerEquipment2023-04-012024-05-31 13967023core:PlantMachinery2024-05-31 13967023core:MotorVehicles2024-05-31 13967023core:ComputerEquipment2024-05-31 iso4217:GBP xbrli:pure
Company Registration No. 13967023 (England and Wales)
LPOWERED LTD Unaudited accounts for the period from 1 April 2023 to 31 May 2024
LPOWERED LTD Unaudited accounts Contents
Page
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LPOWERED LTD Company Information for the period from 1 April 2023 to 31 May 2024
Director
Liam Patrick
Company Number
13967023 (England and Wales)
Registered Office
51 MAPLE LEAF GARDENS WORKSOP S80 2PR ENGLAND
Accountants
EJM Accountants Limited Office 17, Middletons Yard Potter Street WORKSOP Nottinghamshire S80 2FT
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LPOWERED LTD Accountants' report
Accountants' report to the director of LPOWERED LTD (the company)
These financial statements have been prepared in accordance with our terms of engagement and in order to assist you to fulfil your duties under the Companies Acts that relate to preparing the financial statements of the company for the period from 1 April 2023 to 31 May 2024.
We have prepared these financial statements based on the accounting records, information and explanations provided by you. We do not express any opinion on the financial statements.
On the balance sheet you have acknowledged your duties under the prevailing Companies Acts to ensure that the company keeps adequate accounting records and prepares financial statements that give "a true and fair view".
You have determined that the company is exempt from the statutory requirement for an audit for the period from 1 April 2023 to 31 May 2024. Therefore, the financial statements are unaudited.
The financial statements are provided exclusively to the director for the limited purpose mentioned above, and may not be used or relied upon for any other purpose or by any other person, and we shall not be liable for any other usage or reliance.
EJM Accountants Limited Office 17, Middletons Yard Potter Street WORKSOP Nottinghamshire S80 2FT 26 February 2025
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LPOWERED LTD Statement of financial position as at 31 May 2024
2024 
Notes
£ 
Fixed assets
Tangible assets
20,223 
Current assets
Debtors
46,579 
Cash at bank and in hand
4,887 
51,466 
Creditors: amounts falling due within one year
(28,596)
Net current assets
22,870 
Total assets less current liabilities
43,093 
Creditors: amounts falling due after more than one year
(7,629)
Net assets
35,464 
Capital and reserves
Called up share capital
1 
Profit and loss account
35,463 
Shareholders' funds
35,464 
For the period ending 31 May 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 26 February 2025 and were signed on its behalf by
Liam Patrick Director Company Registration No. 13967023
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LPOWERED LTD Notes to the Accounts for the period from 1 April 2023 to 31 May 2024
1
Statutory information
LPOWERED LTD is a private company, limited by shares, registered in England and Wales, registration number 13967023. The registered office is 51 MAPLE LEAF GARDENS, WORKSOP, S80 2PR, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
5 years straight line
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 April 2023
- 
16,314 
- 
16,314 
Additions
1,093 
8,850 
2,462 
12,405 
At 31 May 2024
1,093 
25,164 
2,462 
28,719 
Depreciation
At 1 April 2023
- 
3,263 
- 
3,263 
Charge for the period
- 
5,233 
- 
5,233 
At 31 May 2024
- 
8,496 
- 
8,496 
Net book value
At 31 May 2024
1,093 
16,668 
2,462 
20,223 
5
Debtors
2024 
£ 
Amounts falling due within one year
VAT
(407)
Trade debtors
4,700 
Accrued income and prepayments
42,286 
46,579 
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LPOWERED LTD Notes to the Accounts for the period from 1 April 2023 to 31 May 2024
6
Creditors: amounts falling due within one year
2024 
£ 
Bank loans and overdrafts
(90)
Trade creditors
23,978 
Taxes and social security
3,323 
Loans from directors
1,521 
Accruals
(136)
28,596 
7
Creditors: amounts falling due after more than one year
2024 
£ 
Obligations under finance leases and hire purchase contracts
2,750 
Accruals
4,879 
7,629 
8
Average number of employees
During the period the average number of employees was 0.
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