Acorah Software Products - Accounts Production 16.0.110 false true true 31 July 2024 1 August 2023 false 1 August 2024 31 August 2024 31 August 2024 14236586 Ms Leah Sams Mr Jack Stookes iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14236586 2024-07-31 14236586 2024-08-31 14236586 2024-08-01 2024-08-31 14236586 frs-core:ComputerEquipment 2024-08-31 14236586 frs-core:ComputerEquipment 2024-08-01 2024-08-31 14236586 frs-core:ComputerEquipment 2024-07-31 14236586 frs-core:ShareCapital 2024-08-31 14236586 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 14236586 frs-bus:PrivateLimitedCompanyLtd 2024-08-01 2024-08-31 14236586 frs-bus:FilletedAccounts 2024-08-01 2024-08-31 14236586 frs-bus:SmallEntities 2024-08-01 2024-08-31 14236586 frs-bus:AuditExempt-NoAccountantsReport 2024-08-01 2024-08-31 14236586 frs-bus:SmallCompaniesRegimeForAccounts 2024-08-01 2024-08-31 14236586 frs-bus:Director1 2024-08-01 2024-08-31 14236586 frs-bus:Director2 2024-08-01 2024-08-31 14236586 frs-countries:EnglandWales 2024-08-01 2024-08-31 14236586 2023-07-31 14236586 2024-07-31 14236586 2023-08-01 2024-07-31 14236586 frs-core:CurrentFinancialInstruments 2024-07-31 14236586 frs-core:ShareCapital 2024-07-31 14236586 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31
Registered number: 14236586
POWER OF WOMEN ART LTD
Unaudited Financial Statements
For the Period 1 August 2024 to 31 August 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 14236586
31 August 2024 31 July 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 - 868
- 868
CURRENT ASSETS
Debtors 5 - 1,324
Cash at bank and in hand 375 173
375 1,497
NET CURRENT ASSETS (LIABILITIES) 375 1,497
TOTAL ASSETS LESS CURRENT LIABILITIES 375 2,365
NET ASSETS 375 2,365
CAPITAL AND RESERVES
Called up share capital 6 100 100
Profit and Loss Account 275 2,265
SHAREHOLDERS' FUNDS 375 2,365
Page 1
Page 2
For the period ending 31 August 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 directors acknowledge their 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Ms Leah Sams
Director
Mr Jack Stookes
Director
26th March 2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
POWER OF WOMEN ART LTD is a private company, limited by shares, incorporated in England & Wales, registered number 14236586 . The registered office is 6 Undine Road, London, England, E14 9UW.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
These financial statements have been prepared on a break-up basis in accordance with FRS 102 Section
1A, as the company intends to apply for voluntary strike-off under Section 1003 of the Companies Act 2006.
2.2. Going Concern Disclosure
The director's believe that going-concern basis is not appropriate as operations were ceased on 31
August 2024 and intends to liquidate its assets.
The financial statements have been prepared on a break-up basis. Consequently, assets are stated at their
expected realizable values, and liabilities are recognized as they become due.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Computer Equipment 33% Straight Line
2.5. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 2 (2024: 2)
2 2
Page 3
Page 4
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 August 2024 1,478
As at 31 August 2024 1,478
Depreciation
As at 1 August 2024 610
Provided during the period 868
As at 31 August 2024 1,478
Net Book Value
As at 31 August 2024 -
As at 1 August 2024 868
5. Debtors
31 August 2024 31 July 2024
£ £
Due within one year
Other debtors - 1,224
Directors' loan accounts - 100
- 1,324
6. Share Capital
31 August 2024 31 July 2024
£ £
Allotted, Called up and fully paid 100 100
Page 4