Company Registration No. SC720956 (Scotland)
EMPOWERING YOU LIMITED
Unaudited accounts
for the year ended 31 March 2025
EMPOWERING YOU LIMITED
Unaudited accounts
Contents
EMPOWERING YOU LIMITED
Company Information
for the year ended 31 March 2025
Directors
C Hunter
C Woodcock
Company Number
SC720956 (Scotland)
Registered Office
7 AVON PLACE
EDINBURGH
EH4 6RE
SCOTLAND
Accountants
Alison Morrison Limited, t/a On The Spot
1 Home Way
Petersfield
Hampshire
GU31 4EE
EMPOWERING YOU LIMITED
Statement of financial position
as at 31 March 2025
Cash at bank and in hand
10,625
68,687
Creditors: amounts falling due within one year
(59,231)
(101,477)
Net current (liabilities)/assets
(508)
810
Called up share capital
100
100
Profit and loss account
98
710
Shareholders' funds
198
810
For the year ending 31 March 2025 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 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 of Directors and authorised for issue on 5 August 2025 and were signed on its behalf by
C Woodcock
Director
Company Registration No. SC720956
EMPOWERING YOU LIMITED
Notes to the Accounts
for the year ended 31 March 2025
EMPOWERING YOU LIMITED is a private company, limited by shares, registered in Scotland, registration number SC720956. The registered office is 7 AVON PLACE, EDINBURGH, EH4 6RE, SCOTLAND.
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 year, 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.
Revenue, described as turnover is the value of services, net of VAT and discounts, provided to customers during the year.
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:
Other tangible fixed assets
25% per annum straight line
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to the profit and loss account in the period to which they relate.
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Tangible fixed assets
Computer equipment
EMPOWERING YOU LIMITED
Notes to the Accounts
for the year ended 31 March 2025
Amounts falling due within one year
Trade debtors
48,098
33,600
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Creditors: amounts falling due within one year
2025
2024
Taxes and social security
52,024
51,217
Other creditors
6,118
11,098
Loans from directors
(3,950)
2,962
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Overdrawn directors loan
(2,962)
8,912
2,000
3,950
The related party transaction relates to an overdrawn directors loan balance. The loan was repaid within 4 months of the accounting year end
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Average number of employees
During the year the average number of employees was 1 (2024: 0).