Powerhouse Publishing Ltd,Ltd - Accounts

POWERHOUSE PUBLISHING LTD - Company Information

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Draft

Powerhouse Publishing Ltd

For the year ended 31 October 2016

Unaudited Abbreviated Report and Financial Statements

England and Wales

Registered Number: 07850703

Draft

Powerhouse Publishing Ltd

Accountants' Report

For the year ended 31 October 2016

In order to assist you to fulfil your duties under Companies Act 2006, we have prepared for your approval the

accounts of Powerhouse Publishing Ltd for the year ended 31 October 2016 which comprise the Profit and Loss

Account, Statement of Recognised Gains and Losses, the Balance Sheet and the related notes from the company's

accounting records and from information and explanations you have given us.

As a practising firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other

professional requirements which are detailed at http://rulebook.accaglobal.com.

This report is made solely to the Board of Directors of Powerhouse Publishing Ltd, as a body, in accordance with

the terms of our engagement letter dated . Our work has been undertaken solely to prepare for your approval the

accounts of Powerhouse Publishing Ltd and state those matters that we have agreed to state to the Board of

Directors of Powerhouse Publishing Ltd, as a body, in this respect in accordance with the requirements of the

Association of Chartered Certified Accountants and as detailed at http://www.accaglobal.com/factsheet163. To the

fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Powerhouse

Publishing Ltd and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Powerhouse Publishing Ltd has kept adequate accounting records and to prepare

statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Powerhouse

Publishing Ltd. You consider that Powerhouse Publishing Ltd is exempt from the statutory audit requirement for the

year.

We have not been instructed to carry out an audit or a review of the accounts of Powerhouse Publishing Ltd. For

this reason, we have not verified the accuracy or completeness of the accounting records or information and

explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

WULFRUN CHAMBERS

17 LAWTON ROAD

ALSAGER

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Draft

Abbreviated Balance Sheet

Powerhouse Publishing Ltd

As at 31 October 2016

07850703

Registered Number :

2016

Notes

2015

Fixed assets

Tangible assets

6,677

6,853

6,677

6,853

Current assets

Cash at bank and in hand

84,798

72,872

84,798

72,872

Creditors: amounts falling due within one year

(34,171)

(51,888)

38,701

32,910

Net current assets

Total assets less current liabilities

39,587

45,554

39,587

Net assets

45,554

Capital and reserves

Called up share capital

Profit and loss account

39,586

45,553

39,587

45,554

Shareholders funds

For the year ended 31 October 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director responsibilities: 1) The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476;

2) 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 in accordance with the provisions applicable to companies subject to the small companies' regime.

Date approved by the board: 19 July 2017

Mr JONATHAN WILLIAMS Director

Signed on behalf of the board of directors

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Draft

Notes to the Abbreviated Financial Statements

Powerhouse Publishing Ltd

For the year ended 31 October 2016

1 Accounting Policies

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Dividends

Proposed dividends are only included as liabilities in the financial statements when their payment has been approved

by the shareholders prior to the balance sheet date.

2 Tangible fixed assets

Tangible fixed

assets

Cost or valuation

15,771

At 01 November 2015

2,050

Additions

At 31 October 2016

17,821

Depreciation

8,918

At 01 November 2015

2,226

Charge for year

11,144

At 31 October 2016

Net book values

At 31 October 2016

6,677

6,853

At 31 October 2015

3 Share capital

Allotted called up and fully paid

2016

2015

1 Class A share of £1.00 each

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