2024-01-01 2024-12-31 09386707 Empower3D Limited false 09386707 2024-01-01 2024-12-31 09386707 uk-bus:Director1 2024-01-01 2024-12-31 09386707 uk-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 09386707 uk-bus:SmallEntities 2024-01-01 2024-12-31 09386707 uk-bus:FullAccounts 2024-01-01 2024-12-31 09386707 uk-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 09386707 2024-01-01 09386707 2024-12-31 09386707 2023-12-31 xbrli:pure iso4217:GBP 09386707 2023-01-01 2023-12-31

Company Registration Number : 09386707 (England and Wales)
09386707
This company is a private limited company
This company sells stuff to other companies
The company was trading for the entire period
Full Accounts
2024-12-31
false
Empower3D Limited
The accounts were prepared in accordance with FRS102A
The accounts have been audited
2024-01-01
Empower3D Limited Unaudited filleted financial statements For the year ended 31 December 2024

Empower3D Limited Contents For the year ended 31 December 2024

CONTENTS | PAGE
Company Information | 3
Statement of Financial Position | 4
Notes to the Financial Statements | 5 - 6

Empower3D Limited Company Information For the year ended 31 December 2024

Company registration number |  | 09386707 (England and Wales)
Director |  | Edward Van Harmelen
Registered office address |  | 8 Bishopsgate
|  | Huckletree Bishopsgate
|  | London, England
|  | EC2N 4BQ
Accountant |  | DNS Accountants
|  | Chartered Accountants
|  | 382 Kenton Road
|  | Harrow, Middlesex
|  | HA3 8DP

Empower3D Limited Statement of Financial Position For the year ended 31 December 2024

|  |  | 2024 |  | 2023
| Notes |  | £ |  | £
Fixed assets |  |  |  |  |
Intangible assets |  |  | 611,889 |  | -
Property, plant and equipment |  |  | 12,636 |  | 10,755
| 5 |  | 624,524 |  | 10,755
Current assets |  |  |  |  |
Inventories |  |  | 323,880 |  | 336,506
Debtors |  |  | 242,391 |  | 275,564
Cash and cash equivalents |  |  | 126,342 |  | 475,946
|  |  | 692,613 |  | 1,088,017
Current liabilities |  |  |  |  |
Creditors: Amounts falling due within one year |  |  | (402,117) |  | (157,993)
|  |  | (402,117) |  | (157,993)
Net current assets/(liabilities) |  |  | 290,497 |  | 930,024
Total assets less current liabilities |  |  | 915,021 |  | 940,780
Non-current liabilities |  |  |  |  |
Creditors: Amounts falling due after more than one year |  |  | (154,465) |  | (156,000)
Net assets/(liabilities) |  |  | 760,556 |  | 784,780
Capital and reserves |  |  |  |  |
Called up share capital |  |  | 1,334 |  | 1,334
Share Premium |  |  | 1,126,616 |  | 999,750
Retained earnings |  |  | (367,394) |  | (216,304)
Shareholders' funds |  |  | 760,556 |  | 784,780
For the year ended 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006. The directors have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. The director acknowledges their responsibility for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These accounts have been prepared in accordance with the special provisions of the Companies Act 2006 applicable to companies subject to the small companies' regime and in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A. The profit and loss account has not been delivered to the Registrar of Companies in accordance with the special provisions applicable to companies subject to the small entities regime. All the members of the company have consented to the drawing up of the abridged balance sheet.
For the year ended 31 December 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 their responsibility for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. These accounts have been prepared 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.
Approved by the Board on 15 September 2025
.............................
Edward Van Harmelen (Director)
Company registration number: 09386707

/* == Copy of Frs105 Balance Sheet for XML COntent ============================================================ */

Balance sheet at 2024-12-31 31 December 2024
|  |  |  | 2024 |  | 2023
|  |  |  | £ |  | £
Fixed Assets |  |  |  | 624,524 |  | 10,755
Current Assets |  |  |  | 617,239 |  | 1,088,017
Cash in Hand/Bank |  |  |  | 125,817 |  | 475,946
Prepayments and accrued income |  |  |  | 75,374 |  | 0
Creditors: amounts falling due within one year |  |  |  | (402,117) |  | (157,993)
Net current assets/(liabilities) |  |  |  | 290,497 |  | 930,024
Total assets less current liabilities |  |  |  | 915,021 |  | 940,780
CREDITORS: Amounts falling due more than one year |  |  |  | (154,465) |  | (156,000)
Net Assets/(liabilities) |  |  |  | 760,556 |  | 784,780
Capital and Reserves |  |  |  | 760,556 |  | 784,780
Called up share capital |  |  |  | 1,127,950 |  | 1,001,084
Profit and loss account |  |  |  | (367,394) |  | (216,304)
SHAREHOLDER'S FUND |  |  |  | 760,556 |  | 784,780
For the year ending 31/12/2024 the company was entitled to exemption 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. For the year ending 31-12-2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit for the year in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. 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 in accordance with the small companies provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Approved by the board of directors on 15 September 2025 2025-09-15 and signed on behalf of the board, |  |  |  |  |  |  |  |  |  |
............................. |  |  |  |  |  |  |  |  |  |
Edward Van Harmelen |  |  |  |  |  |  |  |  |  |
Director |  |  |  |  |  |  |  |  |  |
Company registration number: 09386707 |  |  |  |  |  |  |  |  |  |

Empower3D Limited Notes to the Financial Statements For the year ended 31 December 2024

(1) General Information
The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is 8 Bishopsgate, Huckletree Bishopsgate, London, England, EC2N 4BQ.
(2) Statement of compliance
These individual financial statements have been prepared in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A and Companies Act 2006, as applicable to companies subject to the small companies' regime.
(3) Significant Accounting Policies
Basis of Preparation
The financial statements have been prepared on the historical cost basis and in accordance with the Companies Act 2006. The presentation and functional currency of the company is pounds sterling. The financial statements are presented in pound units (£) unless stated otherwise.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax. The company recognises revenue when the amount of revenue can be measured reliably, when it is probable that future economic benefits will flow to the entity and when specific criteria have been met as described below.
Sale of goods
Sales of goods are recognised when the company has delivered the goods to the customer, no other significant obligation remains unfulfilled that may affect the customer's acceptance of the products and risks and rewards of ownership have transferred to them.
Rendering of Services
Revenue from provision of services rendered in the reporting period is recognised when the outcome of a transaction for the rendering of services can be estimated reliably in terms of revenue, costs and its stage of completion of the specific transaction at the end of the reporting period. The stage of completion is determined on the basis of the actual completion of a proportion of the total services to be rendered. When the outcome of a service contract cannot be estimated reliably the company only recognises revenue to the extent of the recoverable expenses recognised.
Foreign currency
Transactions in foreign currencies other than its functional currency are recorded at the foreign exchange rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the year-end date are translated at the foreign exchange rate ruling at that date. Foreign exchange differences arising on translation are recognised in the income statement within financial income or expense, as appropriate. Non-monetary assets that are measured in terms of historical cost in foreign currency are translated using the exchange rate at the date of the transaction.
Borrowing costs
All borrowing related costs are included within the statement of income in the period in which they are incurred using the effective interest method.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
IP Software
Development costs is stated at cost less accumulated amortisation and any accumulated impairment losses. It is amortised over its estimated life of {20} years using the straight-line method. If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new expectations.
Property, plant and equipment
Property, plant and equipment is stated at cost less accumulated depreciation and impairment losses. Part of an item of property, plant and equipment having different useful lives are accounted for as separate items. Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives, using the straight-line method. The estimated useful lives, residual values and depreciation method are reviewed at the end of each reporting period, with the effect of any changes in estimate accounted for on a prospective basis. Depreciation is provided to write off the cost less estimated residual value, of each asset over its expected useful life as follows:
Asset class and depreciation rate
Land and Buildings |
Plant and Machinery |
Short Leasehold Properties |
Investment Properties |
Long Leasehold Properties |
Commercial Vehicles |
Fixtures and Fittings |
Equipment | 33% straight line
Motor Cars |
Inventories
Inventories are measured at the lower of cost and net realisable value. Costs of inventories are determined on a first-in-first-out basis. Net realisable value represents the estimated selling price for inventories less all estimated costs necessary to make the sale.
Taxation
Taxation expense represents the aggregate amount of current tax and deferred tax recognised in the reporting period.
Current Tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit before tax as reported in the income statement because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Employee benefits
Payments to defined contribution retirement benefit plans are recognised as an expense when employees have rendered service entitling them to the contributions. The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received.
(4) Employees
During the year, the average number of employees including director was 8 (2023 : 7).
(5) Fixed assets
| Intangible £ | Tangible £ | Totals £
Cost |  |  |
As at 01 January 2024 | - | 14,436 | 14,436
Additions | 644,094 | 7,560 | 651,654
As at 31 December 2024 | 644,094 | 21,996 | 666,090
Depreciation/Amortisation |  |  |
As at 01 January 2024 | - | 3,681 | 3,681
For the year | 32,205 | 5,679 | 37,884
As at 31 December 2024 | 32,205 | 9,360 | 41,565
Net book value |  |  |
As at 31 December 2024 | 611,889 | 12,636 | 624,525
As at 31 December 2023 | - | 10,755 | 10,755
(6) Loan from Maamari Reda
At the year-end, a balance of £150,000 (2023: £141,000) owed to Maamari Reda is interest-free and payable on demand.