REGISTERED NUMBER: 09805275 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 October 2024

for

Powered By Data Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr M A C Emmett

REGISTERED OFFICE:

C/o DJH Chester City

Military House

24 Castle Street

Chester

Cheshire

CH1 2DS

REGISTERED NUMBER:

09805275 (England and Wales)

ACCOUNTANTS:

DJH Wirral & Chester Limited

Military House

24 Castle Street

Chester

Cheshire

CH1 2DS

FIXED ASSETS

Tangible assets

4

16,829

21,036

CURRENT ASSETS

Debtors

5

133,288

127,648

Cash at bank

2,445

13,632

135,733

141,280

CREDITORS

Amounts falling due within one year

6

(152,559

)

(89,690

)

NET CURRENT (LIABILITIES)/ASSETS

(16,826

)

51,590

TOTAL ASSETS LESS CURRENT LIABILITIES

3

72,626

CREDITORS

Amounts falling due after more than one year

7

(24,028

)

(43,345

)

NET (LIABILITIES)/ASSETS

(24,025

)

29,281

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(24,125

)

29,181

SHAREHOLDERS' FUNDS

(24,025

)

29,281

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

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

The director acknowledges his 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 24 October 2025 and were signed by:

Mr M A C Emmett - Director

1.	STATUTORY INFORMATION

Powered By Data Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The financial statements are presented in sterling which is the functional currency of the company, rounded to the nearest £1.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

20% on reducing balance

Computer equipment

-

20% on reducing balance

Taxation

Taxation for the year comprises current tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 November 2023

and 31 October 2024

5,070

52,164

57,234

DEPRECIATION

At 1 November 2023

2,404

33,794

36,198

Charge for year

533

3,674

4,207

At 31 October 2024

2,937

37,468

40,405

NET BOOK VALUE

At 31 October 2024

2,133

14,696

16,829

At 31 October 2023

2,666

18,370

21,036

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.24

31.10.23

£

£

Other debtors

133,288

127,648

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.24

31.10.23

£

£

Bank loans and overdrafts

8,333

8,333

Taxation and social security

127,911

80,880

Other creditors

16,315

477

152,559

89,690

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.10.24

31.10.23

£

£

Bank loans

24,028

43,345

8.	SECURED DEBTS

The following secured debts are included within creditors:

31.10.24

31.10.23

£

£

Bank loans

32,361

51,678

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

As at 31 October 2024 a director of the company owed £99,336 (2023: £95,176) to the company in respect of an interest free loan, which is repayable on demand.