5830434falsethe hire of portable washrooms, lavatories and associated facilities2023-03-012024-02-28http://www.companieshouse.gov.uk/2023-02-28http://www.companieshouse.gov.uk/pt:PlantMachinery2023-02-28http://www.companieshouse.gov.uk/pt:ShareCapital2023-02-28http://www.companieshouse.gov.uk/cd:Director12023-03-012024-02-28http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2023-02-28http://www.companieshouse.gov.uk/pt:PlantMachinery2024-02-28http://www.companieshouse.gov.uk/pt:ShareCapital2024-02-28http://www.companieshouse.gov.uk/pt:FurnitureFittings2023-02-28http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2024-02-28http://www.companieshouse.gov.uk/pt:ToolsEquipment2023-02-28http://www.companieshouse.gov.uk/pt:FurnitureFittings2024-02-28http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12023-03-012024-02-28http://www.companieshouse.gov.uk/pt:ToolsEquipment2024-02-28http://www.companieshouse.gov.uk/cd:RegisteredOffice2023-03-012024-02-28http://www.companieshouse.gov.uk/cd:OrdinaryShareClass22023-03-012024-02-28http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2023-03-012024-02-28http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-02-28http://www.companieshouse.gov.uk/pt:NetGoodwill2023-03-012024-02-28http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-02-28http://www.companieshouse.gov.uk/2023-03-012024-02-28http://www.companieshouse.gov.uk/2023-02-28http://www.companieshouse.gov.uk/cd:FRS1022023-03-012024-02-28http://www.companieshouse.gov.uk/2024-02-28http://www.companieshouse.gov.uk/cd:FullAccounts2023-03-012024-02-28http://www.companieshouse.gov.uk/pt:LandBuildings2023-02-28http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2023-03-012024-02-28http://www.companieshouse.gov.uk/pt:LandBuildings2024-02-28iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 5830434

Willpower Group Limited

ACCOUNTS
FOR THE YEAR ENDED 28/02/2024

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

Willpower Group Limited

ACCOUNTS
FOR THE YEAR ENDED 28/02/2024
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 THEYEARENDED28/02/2024
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 28/02/2024
20242023
Notes££
FIXED ASSETS
Tangible assets32,017,1981,807,126
CURRENT ASSETS
Stock5,0005,000
Debtors5348,633117,680
Cash at bank and in hand88,662239,026
442,295361,706
CREDITORS: Amounts falling due within one year6855,959610,085
NET CURRENT LIABILITIES(413,664)(248,379)
TOTAL ASSETS LESS CURRENT LIABILITIES1,603,5341,558,747
CREDITORS: Amounts falling due after more than one year7175,764149,907
PROVISIONS FOR LIABILITIES AND CHARGES9208,211167,076
NET ASSETS1,219,5591,241,764
CAPITAL AND RESERVES
Called up share capital10100100
Profit and loss account1,219,4591,241,664
SHAREHOLDERS' FUNDS1,219,5591,241,764
For the year ending 28/02/2024 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 01/10/2024 and signed on their behalf by
.............................
Mr W Felix
Director

Willpower Group Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 28/02/2024
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
Cost
At 28/02/2024
Depreciation
At 28/02/2024
Net Book Amounts
At 28/02/2024
3. TANGIBLE FIXED ASSETS
Land AndPlant andCommercialFixtures
BuildingsMachineryVehiclesand FittingsEquipmentTotal
££££££
Cost
At 01/03/2023863,1681,120,871802,63377,57640,6952,904,943
Additions-237,864225,86640,0502,034505,814
Disposals-(14,000)(17,278)--(31,278)
At 28/02/2024863,1681,344,7351,011,221117,62642,7293,379,479
Depreciation
At 01/03/2023-603,502476,4767,11410,7251,097,817
Disposals-(2,100)---(2,100)
For the year-111,500133,68616,5774,801266,564
At 28/02/2024-712,902610,16223,69115,5261,362,281
Net Book Amounts
At 28/02/2024863,168631,833401,05993,93527,2032,017,198
At 28/02/2023863,168517,369326,15770,46229,9701,807,126
The company bankers hold fixed and floating charges and negative pledges over the land and property owned by the company.
4. STOCK 20242023
££
Stock comprises:
Stock5,0005,000
5,0005,000

Willpower Group Limited

5. DEBTORS 20242023
££
Amounts falling due within one year
Trade debtors33,00527,363
VAT-9,056
Amounts due to related parties-54,636
Prepayments5,12526,625
Directors current account310,503-
348,633117,680
6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
UK corporation tax30,23262,328
VAT49,901-
PAYE control3,4343,593
Pension control494469
Amounts due to related parties82,166-
Directors current account-5,818
Loans330,535367,728
Hire purchase creditor167,35472,494
Trade creditors188,34394,155
Accruals3,5003,500
855,959610,085
7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20242023
££
Hire purchase creditor175,764149,907
175,764149,907

Willpower Group Limited

8. EMPLOYEES
20242023
No.No.
Average number of employees1717
9. PROVISIONS FOR LIABILITIES 20242023
££
Deferred taxation208,211167,076
208,211167,076
10. SHARE CAPITAL 20242023
££
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 Felix Properties Limited loaned funds to Willpower Group Limited. At the year end the amount outstanding from the company totalled £82,166 (2023 - £54,636 was owed from Felix Properties Ltd to Willpower Group Limited) and is included under note 15 in the notes to the accounts.