5830434falsethe hire of portable washrooms, lavatories and associated facilities2022-03-012023-02-28http://www.companieshouse.gov.uk/2022-02-28http://www.companieshouse.gov.uk/pt:PlantMachinery2022-02-28http://www.companieshouse.gov.uk/pt:ShareCapital2022-02-28http://www.companieshouse.gov.uk/cd:Director12022-03-012023-02-28http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2022-02-28http://www.companieshouse.gov.uk/pt:PlantMachinery2023-02-28http://www.companieshouse.gov.uk/pt:ShareCapital2023-02-28http://www.companieshouse.gov.uk/pt:FurnitureFittings2022-02-28http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2023-02-28http://www.companieshouse.gov.uk/pt:ToolsEquipment2022-02-28http://www.companieshouse.gov.uk/pt:FurnitureFittings2023-02-28http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12022-03-012023-02-28http://www.companieshouse.gov.uk/pt:ToolsEquipment2023-02-28http://www.companieshouse.gov.uk/cd:RegisteredOffice2022-03-012023-02-28http://www.companieshouse.gov.uk/cd:OrdinaryShareClass22022-03-012023-02-28http://www.companieshouse.gov.uk/pt:NetGoodwill2022-02-28http://www.companieshouse.gov.uk/pt:NetGoodwill2023-02-28http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2022-03-012023-02-28http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-02-28http://www.companieshouse.gov.uk/pt:NetGoodwill2022-03-012023-02-28http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2022-02-28http://www.companieshouse.gov.uk/2022-03-012023-02-28http://www.companieshouse.gov.uk/2022-02-28http://www.companieshouse.gov.uk/cd:FRS1022022-03-012023-02-28http://www.companieshouse.gov.uk/2023-02-28http://www.companieshouse.gov.uk/cd:FullAccounts2022-03-012023-02-28http://www.companieshouse.gov.uk/pt:LandBuildings2022-02-28http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2022-03-012023-02-28http://www.companieshouse.gov.uk/pt:LandBuildings2023-02-28iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 5830434

Willpower Group Limited

ACCOUNTS
FOR THE YEAR ENDED 28/02/2023

Prepared By:
Montague Kaye
Registered Auditors & Accountants
82 Reddish Road
Reddish
Stockport
SK5 7QU

Willpower Group Limited

ACCOUNTS
FOR THE YEAR ENDED 28/02/2023
DIRECTORS
Mr W Felix
REGISTERED OFFICE
82 Reddish Road
Reddish
Stockport
Cheshire
SK5 7QU
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 5830434
ACCOUNTANTS
Montague Kaye
Registered Auditors & Accountants
82 Reddish Road
Reddish
Stockport
SK5 7QU

Willpower Group Limited

ACCOUNTS
FOR THEYEARENDED28/02/2023
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

Willpower Group Limited

BALANCE SHEET AT 28/02/2023
20232022
Notes££
FIXED ASSETS
Intangible assets2-4,000
Tangible assets31,807,1261,100,469
1,807,1261,104,469
CURRENT ASSETS
Stock5,0005,000
Debtors5117,680166,674
Cash at bank and in hand239,02629,955
361,706201,629
CREDITORS: Amounts falling due within one year6610,085101,888
NET CURRENT (LIABILITIES) / ASSETS(248,379)99,741
TOTAL ASSETS LESS CURRENT LIABILITIES1,558,7471,204,210
CREDITORS: Amounts falling due after more than one year7149,907113,073
PROVISIONS FOR LIABILITIES AND CHARGES9167,076134,282
NET ASSETS1,241,764956,855
CAPITAL AND RESERVES
Called up share capital10100100
Profit and loss account1,241,664956,755
SHAREHOLDERS' FUNDS1,241,764956,855
For the year ending 28/02/2023 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.
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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 20/10/2023 and signed on their behalf by
.............................
Mr W Felix
Director

Willpower Group Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 28/02/2023
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and Machineryreducing balance 15%
Commercial Vehiclesreducing balance 25%
Fixtures and Fittingsreducing balance 15%
Equipmentreducing balance 15%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
1d. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.
1e. Goodwill
Goodwill arising in connection with the acquisition of businesses is capitalised and amortised over its estimated economic life to a maximum of 20 years. Goodwill is reviewed annually for impairment if events or changes in circumstances indicate that the carrying value may not be recoverable.

Willpower Group Limited

2. INTANGIBLE FIXED ASSETS
Purchased
GoodwillTotal
££
Cost
At 01/03/202220,00020,000
Disposals(20,000)(20,000)
At 28/02/2023--
Depreciation
At 01/03/202216,00016,000
Disposals(16,000)(16,000)
At 28/02/2023--
Net Book Amounts
At 28/02/2023--
At 28/02/20224,0004,000
3. TANGIBLE FIXED ASSETS
Land AndPlant andCommercialFixtures
BuildingsMachineryVehiclesand FittingsEquipmentTotal
££££££
Cost
At 01/03/2022318,3991,003,529622,43580,55911,2512,036,173
Additions544,769159,062180,19860,68129,444974,154
Disposals-(41,720)-(63,663)-(105,383)
At 28/02/2023863,1681,120,871802,63377,57740,6952,904,944
Depreciation
At 01/03/2022-543,234367,75719,2775,436935,704
Disposals-(31,032)-(24,597)-(55,629)
For the year-91,300108,71912,4355,289217,743
At 28/02/2023-603,502476,4767,11510,7251,097,818
Net Book Amounts
At 28/02/2023863,168517,369326,15770,46229,9701,807,126
At 28/02/2022318,399460,295254,67861,2825,8151,100,469
The company bankers hold fixed and floating charges and negative pledges over the land owned by the company.
4. STOCK 20232022
££
Stock comprises:
Stock5,0005,000
5,0005,000

Willpower Group Limited

5. DEBTORS 20232022
££
Amounts falling due within one year
Trade debtors27,36353,328
VAT9,056-
Amounts due from related parties54,636110,346
Prepayments26,6253,000
117,680166,674
6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20232022
££
UK corporation tax62,3284,773
VAT-11,998
PAYE control3,5932,138
Pension control469611
Directors current account5,818468
Bank Loan-14,145
Loans367,728-
Hire purchase creditor72,49446,750
Trade creditors94,15517,505
Accruals3,5003,500
610,085101,888
7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20232022
££
Bank loans-31,064
Hire purchase creditor149,90782,009
149,907113,073

Willpower Group Limited

8. EMPLOYEES
20232022
No.No.
Average number of employees1717
9. PROVISIONS FOR LIABILITIES 20232022
££
Deferred taxation167,076134,282
167,076134,282
10. SHARE CAPITAL 20232022
££
Allotted, issued and fully paid:
60 A Ordinary shares of £1 each6060
40 B Ordinary shares of £1 each4040
100100
11. RELATED PARTY TRANSACTIONS
Felix Properties Limited - Mr W Felix is a director and shareholder in this company. During the year the company loaned funds to Felix Properties Limited. At the year end the amount outstanding and owing to the company totalled £54,636 (2022 - £110,346) and is included under the notes to the accounts.