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REGISTERED NUMBER: 08152844 (England and Wales)

























Unaudited Financial Statements for the Year Ended 31 July 2023

for

Holders Power Solutions Ltd

Holders Power Solutions Ltd (Registered number: 08152844)






Contents of the Financial Statements
for the Year Ended 31 July 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Holders Power Solutions Ltd

Company Information
for the Year Ended 31 July 2023







DIRECTOR: D J Holder





REGISTERED OFFICE: Downleaze House
Love Lane
Chipping Sodbury
Bristol
BS37 6EX





REGISTERED NUMBER: 08152844 (England and Wales)





ACCOUNTANTS: Dolman's Chartered Accountants
The Mews
Hounds Road
Chipping Sodbury
Bristol
BS37 6EE

Holders Power Solutions Ltd (Registered number: 08152844)

Balance Sheet
31 July 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,838 4,671

CURRENT ASSETS
Debtors 5 18,091 26,818
Cash at bank 211,934 165,636
230,025 192,454
CREDITORS
Amounts falling due within one year 6 53,037 39,298
NET CURRENT ASSETS 176,988 153,156
TOTAL ASSETS LESS CURRENT
LIABILITIES

180,826

157,827

PROVISIONS FOR LIABILITIES 960 -
NET ASSETS 179,866 157,827

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 179,865 157,826
SHAREHOLDERS' FUNDS 179,866 157,827

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Holders Power Solutions Ltd (Registered number: 08152844)

Balance Sheet - continued
31 July 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 22 April 2024 and were signed by:





D J Holder - Director


Holders Power Solutions Ltd (Registered number: 08152844)

Notes to the Financial Statements
for the Year Ended 31 July 2023

1. STATUTORY INFORMATION

Holders Power Solutions Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant & equipment - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% on reducing balance

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant & and Computer
equipment fittings equipment Totals
£    £    £    £   
COST
At 1 August 2022 7,126 1,957 4,113 13,196
Additions - - 449 449
At 31 July 2023 7,126 1,957 4,562 13,645
DEPRECIATION
At 1 August 2022 4,635 1,169 2,721 8,525
Charge for year 624 197 461 1,282
At 31 July 2023 5,259 1,366 3,182 9,807
NET BOOK VALUE
At 31 July 2023 1,867 591 1,380 3,838
At 31 July 2022 2,491 788 1,392 4,671

Holders Power Solutions Ltd (Registered number: 08152844)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2023

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 17,449 10,562
Other debtors 642 16,256
18,091 26,818

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Taxation and social security 14,922 16,902
Other creditors 38,115 22,396
53,037 39,298

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 July 2023 and 31 July 2022:

2023 2022
£    £   
D J Holder
Balance outstanding at start of year (20,655 ) 5,803
Amounts advanced 25,883 -
Amounts repaid (41,364 ) (26,458 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (36,136 ) (20,655 )

The above loan is unsecured, interest free and repayable on demand.