Company Registration No. 11926321 (England and Wales)
Powercomm Ltd
Unaudited accounts
for the year ended 30 April 2024
Powercomm Ltd
Unaudited accounts
Contents
Powercomm Ltd
Company Information
for the year ended 30 April 2024
Directors
Chris Willey
Lee Willis
Company Number
11926321 (England and Wales)
Registered Office
1 WATERVOLE WAY
DONCASTER
DN4 5JP
UNITED KINGDOM
Accountants
Turkhud and Co
LN12 Armstrong House
First Avenue
Doncaster Finningley Airport
Doncaster
South Yorkshire
DN9 3GA
Powercomm Ltd
Statement of financial position
as at 30 April 2024
Tangible assets
229,130
175,649
Inventories
201,333
18,013
Cash at bank and in hand
505,539
340,390
Creditors: amounts falling due within one year
(247,326)
(301,935)
Net current assets
964,283
790,534
Total assets less current liabilities
1,193,413
966,183
Creditors: amounts falling due after more than one year
(12,303)
(30,142)
Net assets
1,181,110
936,041
Called up share capital
1,000
1,000
Profit and loss account
1,180,110
935,041
Shareholders' funds
1,181,110
936,041
For the year ending 30 April 2024 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 18 July 2024 and were signed on its behalf by
Chris Willey
Director
Company Registration No. 11926321
Powercomm Ltd
Notes to the Accounts
for the year ended 30 April 2024
Powercomm Ltd is a private company, limited by shares, registered in England and Wales, registration number 11926321. The registered office is 1 WATERVOLE WAY, DONCASTER, DN4 5JP, UNITED KINGDOM.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 May 2023
256,440
12,384
268,824
Additions
129,858
-
129,858
At 30 April 2024
386,298
12,384
398,682
At 1 May 2023
88,322
4,853
93,175
Charge for the year
74,494
1,883
76,377
At 30 April 2024
162,816
6,736
169,552
At 30 April 2024
223,482
5,648
229,130
At 30 April 2023
168,118
7,531
175,649
Powercomm Ltd
Notes to the Accounts
for the year ended 30 April 2024
Amounts falling due within one year
Trade debtors
322,680
488,812
Other debtors
182,057
245,254
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Creditors: amounts falling due within one year
2024
2023
Trade creditors
121,347
103,348
Taxes and social security
125,979
146,987
Loans from directors
-
51,600
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
12,303
30,142
8
Average number of employees
During the year the average number of employees was 13 (2023: 11).