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REGISTERED NUMBER: 09749105 (England and Wales)
















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2024

FOR

POTENTIAL OT LIMITED

POTENTIAL OT LIMITED (REGISTERED NUMBER: 09749105)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024










Page

Balance Sheet 1


POTENTIAL OT LIMITED (REGISTERED NUMBER: 09749105)

BALANCE SHEET
31 AUGUST 2024

31.8.24 31.8.23
£    £    £    £   
FIXED ASSETS 4,181 7,021

CURRENT ASSETS 10,681 7,275

CREDITORS
Amounts falling due within one year (13,182 ) (10,561 )
NET CURRENT LIABILITIES (2,501 ) (3,286 )
TOTAL ASSETS LESS CURRENT LIABILITIES 1,680 3,735

CREDITORS
Amounts falling due after more than one year 1,500 3,500
NET ASSETS 180 235

CAPITAL AND RESERVES 180 235

NOTES TO THE FINANCIAL STATEMENTS

1. STATUTORY INFORMATION

Potential OT Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 09749105

Registered office: 9 Corner Farm Close
Middle Rasen
Lincoln
Lincolnshire
LN8 3WE

The presentation currency of the financial statements is the Pound Sterling (£).


2. AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was 2 (2023 - 3 ) .

POTENTIAL OT LIMITED (REGISTERED NUMBER: 09749105)

BALANCE SHEET - continued
31 AUGUST 2024

NOTES TO THE FINANCIAL STATEMENTS

3. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 August 2024 and 31 August 2023:

31.8.24 31.8.23
£    £   
Mrs H L D'Arcy-Burt
Balance outstanding at start of year 2,899 9,994
Amounts advanced 35,062 36,618
Amounts repaid (29,347 ) (43,713 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 8,614 2,899

The loan is interest free and repayable on demand.

4. OTHER FINANCIAL COMMITMENTS

At 31st August 2024, the company had total commitments under a non-cancellable operating lease over the remaining life of that lease of £nil (2023 : £16,500).



The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the director and authorised for issue on 4 April 2025 and were signed by:





Mrs H L D'Arcy-Burt - Director