Company Registration No. 13967023 (England and Wales)
LPOWERED LTD
Unaudited accounts
for the year ended 31 May 2025
LPOWERED LTD
Unaudited accounts
Contents
LPOWERED LTD
Company Information
for the year ended 31 May 2025
Company Number
13967023 (England and Wales)
Registered Office
51 MAPLE LEAF GARDENS
WORKSOP
S80 2PR
ENGLAND
Accountants
EJM Accountants Limited
Office 17, Middletons Yard
Potter Street
WORKSOP
Nottinghamshire
S80 2FT
LPOWERED LTD
Accountants' report
Accountants' report to the director of LPOWERED LTD (the company)
These financial statements have been prepared in accordance with our terms of engagement and in order to assist you to fulfil your duties under the Companies Acts that relate to preparing the financial statements of the company for the year ended 31 May 2025.
We have prepared these financial statements based on the accounting records, information and explanations provided by you. We do not express any opinion on the financial statements.
On the balance sheet you have acknowledged your duties under the prevailing Companies Acts to ensure that the company keeps adequate accounting records and prepares financial statements that give "a true and fair view".
You have determined that the company is exempt from the statutory requirement for an audit for the year ended 31 May 2025. Therefore, the financial statements are unaudited.
The financial statements are provided exclusively to the director for the limited purpose mentioned above, and may not be used or relied upon for any other purpose or by any other person, and we shall not be liable for any other usage or reliance.
EJM Accountants Limited
Office 17, Middletons Yard
Potter Street
WORKSOP
Nottinghamshire
S80 2FT
24 February 2026
LPOWERED LTD
Statement of financial position
as at 31 May 2025
Cash at bank and in hand
14,710
Creditors: amounts falling due within one year
(61,599)
Profit and loss account
101,092
Shareholders' funds
101,093
For the year ending 31 May 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 director acknowledges his 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 and authorised for issue on 24 February 2026 and were signed on its behalf by
Liam Patrick
Director
Company Registration No. 13967023
LPOWERED LTD
Notes to the Accounts
for the year ended 31 May 2025
LPOWERED LTD is a private company, limited by shares, registered in England and Wales, registration number 13967023. The registered office is 51 MAPLE LEAF GARDENS, WORKSOP, S80 2PR, ENGLAND.
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.
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:
Plant & machinery
5 years straight line
Motor vehicles
5 years straight line
Fixtures & fittings
5 years straight line
Computer equipment
5 years straight line
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 June 2024
2,273
25,164
-
1,282
28,719
Additions
12,800
4,250
940
1,180
19,170
At 31 May 2025
15,073
29,414
940
2,462
47,889
At 1 June 2024
-
8,496
-
-
8,496
Charge for the year
-
1,770
188
492
2,450
At 31 May 2025
-
10,266
188
492
10,946
At 31 May 2025
15,073
19,148
752
1,970
36,943
LPOWERED LTD
Notes to the Accounts
for the year ended 31 May 2025
Amounts falling due within one year
Accrued income and prepayments
105,159
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2025
Bank loans and overdrafts
(14,525)
Obligations under finance leases and hire purchase contracts
1,872
Taxes and social security
43,902
Loans from directors
15,392
7
Average number of employees
During the year the average number of employees was 4.