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Company Registration No. 11935464 (England and Wales)
Empowered Finance Limited Unaudited accounts for the year ended 31 December 2025
Empowered Finance Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Empowered Finance Limited Company Information for the year ended 31 December 2025
Directors
Michael Almandras Lucy Almandras
Company Number
11935464 (England and Wales)
Registered Office
Glove Factory Studios, 1 Brook Lane Holt Trowbridge BA14 6RL England
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Empowered Finance Limited Statement of financial position as at 31 December 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
439
636
Current assets
Debtors
5
15,863
2,811
Cash at bank and in hand
56,421
56,168
72,284
58,979
Creditors: amounts falling due within one year
6
(72,342)
(44,828)
Net current (liabilities)/assets
(58)
14,151
Net assets
381
14,787
Capital and reserves
Called up share capital
10
10
Profit and loss account
371
14,777
Shareholders' funds
381
14,787
For the year ending 31 December 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 21 July 2026 and were signed on its behalf by
Michael Almandras Director Company Registration No. 11935464
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Empowered Finance Limited Notes to the Accounts for the year ended 31 December 2025
1
Statutory information
Empowered Finance Limited is a private company, limited by shares, registered in England and Wales, registration number 11935464. The registered office is Glove Factory Studios, 1 Brook Lane, Holt, Trowbridge, BA14 6RL, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
4 years
Computer equipment
4 years
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 January 2025
246
3,536
3,782
Additions
289
-
289
At 31 December 2025
535
3,536
4,071
Depreciation
At 1 January 2025
246
2,900
3,146
Charge for the year
48
438
486
At 31 December 2025
294
3,338
3,632
Net book value
At 31 December 2025
241
198
439
At 31 December 2024
-
636
636
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Empowered Finance Limited Notes to the Accounts for the year ended 31 December 2025
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
14,665
1,687
Other debtors
1,198
1,124
15,863
2,811
6
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
14,016
11,645
Trade creditors
3,804
2,685
Taxes and social security
25,556
29,810
Other creditors
13
64
Loans from directors
(1,047)
624
Accruals
30,000
-
72,342
44,828
7
Average number of employees
During the year the average number of employees was 2 (2024: 3).
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