Powderworks Ltd - Period Ending 2021-12-31

Powderworks Ltd

Contents

Balance Sheet	1
Notes to the Unaudited Financial Statements	2 to 3

Powderworks Ltd

(Registration number: 13013801)
Balance Sheet as at 31 December 2021

	Note	2021 £
Current assets
Debtors	4	78,260
Cash at bank and in hand		22,462
		100,722
Creditors: Amounts falling due within one year	5	(19,137)
Net assets		81,585
Capital and reserves
Called up share capital		2
Profit and loss account		81,583
Shareholders' funds		81,585

For the financial period ending 31 December 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the Board on 3 August 2022 and signed on its behalf by:
 

......................................... Mr E A Butterfield Director

Powderworks Ltd

Notes to the Unaudited Financial Statements for the Period from 12 November 2020 to 31 December 2021

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
174 Sunbridge Road
Bradford
West Yorkshire
BD1 2RZ

These financial statements were authorised for issue by the Board on 3 August 2022.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

3	Staff numbers

The average number of persons employed by the company (including directors) during the period, was 4.

4

Debtors

	Note	2021 £
Trade debtors		16,224
Amounts owed by group undertakings and undertakings in which the company has a participating interest		62,034
Other debtors		2
		78,260

Powderworks Ltd

Notes to the Unaudited Financial Statements for the Period from 12 November 2020 to 31 December 2021

5

Creditors

Creditors: amounts falling due within one year

	2021 £
Due within one year
Taxation and social security	19,137