Caseware UK (AP4) 2023.0.135 2023.0.135 202023-02-02falseNo description of principal activity17truetruefalse 05578787 2023-02-02 2024-04-30 05578787 2022-02-02 2023-02-01 05578787 2024-04-30 05578787 2023-02-01 05578787 c:Director4 2023-02-02 2024-04-30 05578787 d:Buildings d:LongLeaseholdAssets 2023-02-02 2024-04-30 05578787 d:Buildings d:LongLeaseholdAssets 2024-04-30 05578787 d:Buildings d:LongLeaseholdAssets 2023-02-01 05578787 d:PlantMachinery 2023-02-02 2024-04-30 05578787 d:PlantMachinery 2024-04-30 05578787 d:PlantMachinery 2023-02-01 05578787 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-02-02 2024-04-30 05578787 d:MotorVehicles 2023-02-02 2024-04-30 05578787 d:MotorVehicles 2024-04-30 05578787 d:MotorVehicles 2023-02-01 05578787 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-02-02 2024-04-30 05578787 d:FurnitureFittings 2023-02-02 2024-04-30 05578787 d:FurnitureFittings 2024-04-30 05578787 d:FurnitureFittings 2023-02-01 05578787 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-02-02 2024-04-30 05578787 d:OwnedOrFreeholdAssets 2023-02-02 2024-04-30 05578787 d:CurrentFinancialInstruments 2024-04-30 05578787 d:CurrentFinancialInstruments 2023-02-01 05578787 d:Non-currentFinancialInstruments 2024-04-30 05578787 d:Non-currentFinancialInstruments 2023-02-01 05578787 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 05578787 d:CurrentFinancialInstruments d:WithinOneYear 2023-02-01 05578787 d:Non-currentFinancialInstruments d:AfterOneYear 2024-04-30 05578787 d:Non-currentFinancialInstruments d:AfterOneYear 2023-02-01 05578787 d:ShareCapital 2024-04-30 05578787 d:ShareCapital 2023-02-01 05578787 d:RetainedEarningsAccumulatedLosses 2024-04-30 05578787 d:RetainedEarningsAccumulatedLosses 2023-02-01 05578787 c:FRS102 2023-02-02 2024-04-30 05578787 c:Audited 2023-02-02 2024-04-30 05578787 c:FullAccounts 2023-02-02 2024-04-30 05578787 c:PrivateLimitedCompanyLtd 2023-02-02 2024-04-30 05578787 c:SmallCompaniesRegimeForAccounts 2023-02-02 2024-04-30 05578787 2 2023-02-02 2024-04-30 05578787 7 2023-02-02 2024-04-30 05578787 d:MotorVehicles d:LeasedAssetsHeldAsLessee 2024-04-30 05578787 d:MotorVehicles d:LeasedAssetsHeldAsLessee 2023-02-01 05578787 e:PoundSterling 2023-02-02 2024-04-30 iso4217:GBP xbrli:pure

Registered number: 05578787










Power Plus (Dewsbury) Limited










Financial statements

For the period ended 30 April 2024

 
Power Plus (Dewsbury) Limited
Registered number: 05578787

Balance sheet
As at 30 April 2024

30 April
1 February
2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
145,146
75,394

Current assets
  

Stocks
  
71,162
71,162

Debtors: amounts falling due within one year
 5 
260,589
677,032

Cash at bank and in hand
 6 
409,522
162,129

  
741,273
910,323

Creditors: amounts falling due within one year
 7 
(318,927)
(331,021)

Net current assets
  
 
 
422,346
 
 
579,302

Total assets less current liabilities
  
567,492
654,696

Creditors: amounts falling due after more than one year
 8 
(76,335)
(22,309)

Provisions for liabilities
  

Deferred tax
  
(36,035)
(17,178)

Net assets
  
455,122
615,209


Capital and reserves
  

Called up share capital 
  
102
102

Profit and loss account
  
455,020
615,107

  
455,122
615,209


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

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 27 January 2025.




S Butler
Director

The notes on pages 2 to 8 form part of these financial statements.

Page 1

 
Power Plus (Dewsbury) Limited
 

 
Notes to the financial statements
For the period ended 30 April 2024

1.


General information

Power Plus (Dewsbury) Limited is a limited liability company incorporated in England and Wales, company
number 05578787. The address of the company's registered office and principal place of business is 6
Ambley Green, Gillingham Business Park, Gillingham, ME8 0NJ. The company's principal operations
relate to fire service activities. 

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Going concern

The financial statements have been prepared on the going concern basis.

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.4

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

 
2.5

Interest income

Interest income is recognised in profit or loss using the effective interest method.

Page 2

 
Power Plus (Dewsbury) Limited
 

 
Notes to the financial statements
For the period ended 30 April 2024

2.Accounting policies (continued)

 
2.6

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.7

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.8

Current and deferred taxation

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

 
2.9

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 3

 
Power Plus (Dewsbury) Limited
 

 
Notes to the financial statements
For the period ended 30 April 2024

2.Accounting policies (continued)


2.9
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives.

Depreciation is provided on the following basis:

Imrpovements to leasehold property
-
33%
straight line
Plant and machinery
-
10%
reducing balance
Motor vehicles
-
25%
reducing balance
Fixtures and fittings
-
15%
reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.10

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.11

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.12

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

 
2.13

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.14

Holiday pay accrual

A liability is recognised to the extent of any unused holiday pay entitlement which is accrued at the balance sheet date and carried forward to future periods. This is measured at the undiscounted salary cost of the future holiday entitlement so accrued at the balance sheet date.

Page 4

 
Power Plus (Dewsbury) Limited
 

 
Notes to the financial statements
For the period ended 30 April 2024

2.Accounting policies (continued)

 
2.15

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.

 
2.16

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the Company's Balance sheet when the Company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments.

Financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instruments any contract that evidences a residual interest in the assets of the Company after the deduction of all its liabilities.

Basic financial liabilities, which include trade and other payables, bank loans and other loans are initially measured at their transaction price after transaction costs. When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Discounting is omitted where the effect of discounting is immaterial.

Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.

Trade payables are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade payables are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade payables are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.

Page 5

 
Power Plus (Dewsbury) Limited
 

 
Notes to the financial statements
For the period ended 30 April 2024

2.Accounting policies (continued)

 
2.17

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders.


3.


Employees

The average monthly number of employees, including directors, during the period was 17 (2023 - 20).


4.


Tangible fixed assets







Land and buildings
Plant and machinery
Motor vehicles
Fixtures and fittings
Total

£
£
£
£
£



Cost or valuation


At 2 February 2023
9,061
20,112
176,153
22,201
227,527


Additions
-
-
121,805
3,023
124,828


Disposals
-
-
(41,623)
-
(41,623)



At 30 April 2024

9,061
20,112
256,335
25,224
310,732



Depreciation


At 2 February 2023
9,061
12,480
114,170
16,422
152,133


Charge for the period
-
916
47,153
1,403
49,472


Disposals
-
-
(36,019)
-
(36,019)



At 30 April 2024

9,061
13,396
125,304
17,825
165,586



Net book value



At 30 April 2024
-
6,716
131,031
7,399
145,146



At 1 February 2023
-
7,632
61,983
5,779
75,394

The net book value of assets held under finance leases or hire purchase contracts, included above, are as follows:


30 April
1 February
2024
2023
£
£



Motor vehicles
111,356
37,276

Page 6

 
Power Plus (Dewsbury) Limited
 

 
Notes to the financial statements
For the period ended 30 April 2024

5.


Debtors

30 April
1 February
2024
2023
£
£


Trade debtors
201,341
249,906

Amounts owed by group undertakings
49,680
400,000

Other debtors
532
-

Prepayments and accrued income
9,036
27,126

260,589
677,032



6.


Cash and cash equivalents

30 April
1 February
2024
2023
£
£

Cash at bank and in hand
409,522
162,129



7.


Creditors: Amounts falling due within one year

30 April
1 February
2024
2023
£
£

Trade creditors
88,396
171,573

Amounts owed to group undertakings
90,141
-

Corporation tax
24,351
109,383

Other taxation and social security
40,824
28,102

Obligations under finance lease and hire purchase contracts
61,567
10,296

Other creditors
2,349
2,411

Accruals and deferred income
11,299
9,256

318,927
331,021



8.


Creditors: Amounts falling due after more than one year

30 April
1 February
2024
2023
£
£

Net obligations under finance leases and hire purchase contracts
76,335
22,309


Page 7

 
Power Plus (Dewsbury) Limited
 

 
Notes to the financial statements
For the period ended 30 April 2024

9.


Commitments under operating leases

At 30 April 2024 the Company had future minimum lease payments due under non-cancellable operating leases of £16,500 (2023: £26,400).


10.


Controlling party

The company's immediate parent company is Senseco Systems Limited, a company incorporated in England and Wales.
The ultimate parent undertaking of the company is Foundation Investment Partners II (GP) LLP.
The company is not under control of any one individual. 


11.


Auditor's information

The auditor's report on the financial statements for the period ended 30 April 2024 was unqualified.

The audit report was signed on 27 January 2025 by Rodney Sutton BA FCA FCCA CA (Senior statutory auditor) on behalf of Kreston Reeves LLP.


Page 8