IRIS Accounts Production v24.2.0.383 01362297 director 1.5.23 30.4.24 30.4.24 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh013622972023-04-30013622972024-04-30013622972023-05-012024-04-30013622972022-04-30013622972022-05-012023-04-30013622972023-04-3001362297ns15:EnglandWales2023-05-012024-04-3001362297ns14:PoundSterling2023-05-012024-04-3001362297ns10:Director12023-05-012024-04-3001362297ns10:PrivateLimitedCompanyLtd2023-05-012024-04-3001362297ns10:SmallEntities2023-05-012024-04-3001362297ns10:AuditExempt-NoAccountantsReport2023-05-012024-04-3001362297ns10:SmallCompaniesRegimeForDirectorsReport2023-05-012024-04-3001362297ns10:SmallCompaniesRegimeForAccounts2023-05-012024-04-3001362297ns10:FullAccounts2023-05-012024-04-3001362297ns10:OrdinaryShareClass12023-05-012024-04-3001362297ns10:RegisteredOffice2023-05-012024-04-3001362297ns5:CurrentFinancialInstruments2024-04-3001362297ns5:CurrentFinancialInstruments2023-04-3001362297ns5:Non-currentFinancialInstruments2024-04-3001362297ns5:Non-currentFinancialInstruments2023-04-3001362297ns5:ShareCapital2024-04-3001362297ns5:ShareCapital2023-04-3001362297ns5:SharePremium2024-04-3001362297ns5:SharePremium2023-04-3001362297ns5:CapitalRedemptionReserve2024-04-3001362297ns5:CapitalRedemptionReserve2023-04-3001362297ns5:RetainedEarningsAccumulatedLosses2024-04-3001362297ns5:RetainedEarningsAccumulatedLosses2023-04-3001362297ns5:LongLeaseholdAssetsns5:LandBuildings2023-04-3001362297ns5:FurnitureFittings2023-04-3001362297ns5:MotorVehicles2023-04-3001362297ns5:LongLeaseholdAssetsns5:LandBuildings2023-05-012024-04-3001362297ns5:FurnitureFittings2023-05-012024-04-3001362297ns5:MotorVehicles2023-05-012024-04-3001362297ns5:LongLeaseholdAssetsns5:LandBuildings2024-04-3001362297ns5:FurnitureFittings2024-04-3001362297ns5:MotorVehicles2024-04-3001362297ns5:LongLeaseholdAssetsns5:LandBuildings2023-04-3001362297ns5:FurnitureFittings2023-04-3001362297ns5:MotorVehicles2023-04-3001362297ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-04-3001362297ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-04-3001362297ns10:OrdinaryShareClass12024-04-30
REGISTERED NUMBER: 01362297 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2024

for

P.R. Power Installations Limited

P.R. Power Installations Limited (Registered number: 01362297)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


P.R. Power Installations Limited

Company Information
for the Year Ended 30 April 2024







DIRECTOR: M P Russell





REGISTERED OFFICE: 3 Edison Village
Nottingham Science & Technology Park
Nottingham
NG7 2RF





REGISTERED NUMBER: 01362297 (England and Wales)

P.R. Power Installations Limited (Registered number: 01362297)

Balance Sheet
30 April 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 59,094 56,875

CURRENT ASSETS
Stocks 26,030 32,222
Debtors 5 444,860 277,623
Cash at bank and in hand 172,306 95,138
643,196 404,983
CREDITORS
Amounts falling due within one year 6 310,500 154,586
NET CURRENT ASSETS 332,696 250,397
TOTAL ASSETS LESS CURRENT
LIABILITIES

391,790

307,272

CREDITORS
Amounts falling due after more than one
year

7

(11,306

)

(21,510

)

PROVISIONS FOR LIABILITIES (12,989 ) (13,933 )
NET ASSETS 367,495 271,829

CAPITAL AND RESERVES
Called up share capital 8 100 100
Share premium 74,750 74,750
Capital redemption reserve 8,400 8,400
Retained earnings 284,245 188,579
SHAREHOLDERS' FUNDS 367,495 271,829

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 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.

P.R. Power Installations Limited (Registered number: 01362297)

Balance Sheet - continued
30 April 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 2 September 2024 and were signed by:





M P Russell - Director


P.R. Power Installations Limited (Registered number: 01362297)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

P.R. Power Installations Limited 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 comprises revenue recognised by the company in respect of goods and services supplied, exclusive of Value Added Tax and trade discounts.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Leasehold improvements - 12.5% on cost
Fixtures, fittings and equipment - 20% on reducing balance
Motor vehicles - 25% on reducing balance
Plant & Machinery - 20% on reducing balance

Stocks
Stock is valued at the lower of cost and net realisable value.

Deferred tax
Deferred taxation is provided on the liability method to take account of timing differences between the treatment of certain items for accounts purposes and their treatment for tax purposes.

Tax deferred or accelerated is accounted for in respect of all material timing differences.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 18 (2023 - 15 ) .

P.R. Power Installations Limited (Registered number: 01362297)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

4. TANGIBLE FIXED ASSETS
Fixtures,
fittings
Leasehold and Motor
improvements equipment vehicles Totals
£    £    £    £   
COST
At 1 May 2023 13,244 126,429 93,905 233,578
Additions - 16,053 - 16,053
At 30 April 2024 13,244 142,482 93,905 249,631
DEPRECIATION
At 1 May 2023 13,244 83,560 79,899 176,703
Charge for year - 10,332 3,502 13,834
At 30 April 2024 13,244 93,892 83,401 190,537
NET BOOK VALUE
At 30 April 2024 - 48,590 10,504 59,094
At 30 April 2023 - 42,869 14,006 56,875

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 178,117 142,433
Other debtors 240,017 106,744
Prepayments & accrued income 26,726 28,446
444,860 277,623

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,225 9,973
Trade creditors 126,683 67,123
Taxation and social security 69,986 55,372
Other creditors 103,606 22,118
310,500 154,586

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 11,306 21,510

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

P.R. Power Installations Limited (Registered number: 01362297)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

9. ULTIMATE CONTROLLING PARTY

The controlling party is M P Russell.