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
LPOWERED LTD
Company Information
for the period from 1 April 2023 to 31 May 2024
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
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
LPOWERED LTD
Statement of financial position
as at 31 May 2024
Cash at bank and in hand
4,887
Creditors: amounts falling due within one year
(28,596)
Total assets less current liabilities
43,093
Creditors: amounts falling due after more than one year
(7,629)
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
LPOWERED LTD
Notes to the Accounts
for the period from 1 April 2023 to 31 May 2024
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
At 1 April 2023
-
3,263
-
3,263
Charge for the period
-
5,233
-
5,233
At 31 May 2024
-
8,496
-
8,496
At 31 May 2024
1,093
16,668
2,462
20,223
Amounts falling due within one year
Accrued income and prepayments
42,286
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)
Taxes and social security
3,323
Loans from directors
1,521
7
Creditors: amounts falling due after more than one year
2024
Obligations under finance leases and hire purchase contracts
2,750
8
Average number of employees
During the period the average number of employees was 0.