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Company Registration No. 07292302 (England and Wales)
MP POWER LTD Unaudited accounts for the year ended 31 December 2024
MP POWER LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
MP POWER LTD Company Information for the year ended 31 December 2024
Directors
Mr David Mark Curtis Elizabeth Curtis
Company Number
07292302 (England and Wales)
Registered Office
Azoth Solutions Ltd Jonathan Scott Hall Thorpe Road Norwich Norfolk NR1 1UH England
Accountants
Azoth Digital Accountants Jonathan Scott Hall Thorpe Road Norwich Norfolk NR1 1UH
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MP POWER LTD Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
154,272 
151,015 
Current assets
Debtors
5
306,457 
198,580 
Cash at bank and in hand
15,555 
39,560 
322,012 
238,140 
Creditors: amounts falling due within one year
6
(266,717)
(235,761)
Net current assets
55,295 
2,379 
Total assets less current liabilities
209,567 
153,394 
Creditors: amounts falling due after more than one year
7
(5,001)
(19,338)
Provisions for liabilities
Deferred tax
(29,312)
(28,693)
Net assets
175,254 
105,363 
Capital and reserves
Called up share capital
106 
106 
Profit and loss account
175,148 
105,257 
Shareholders' funds
175,254 
105,363 
For the year ending 31 December 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 3 March 2025 and were signed on its behalf by
Mr David Mark Curtis Director Company Registration No. 07292302
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MP POWER LTD Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
MP POWER LTD is a private company, limited by shares, registered in England and Wales, registration number 07292302. The registered office is Azoth Solutions Ltd, Jonathan Scott Hall, Thorpe Road, Norwich, Norfolk, NR1 1UH, England.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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:
Plant & machinery
25% RBM
Motor vehicles
25% RBM
Fixtures & fittings
10% RBM
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2024
92,384 
176,041 
268,425 
Additions
24,050 
26,290 
50,340 
At 31 December 2024
116,434 
202,331 
318,765 
Depreciation
At 1 January 2024
64,091 
53,319 
117,410 
Charge for the year
11,315 
35,768 
47,083 
At 31 December 2024
75,406 
89,087 
164,493 
Net book value
At 31 December 2024
41,028 
113,244 
154,272 
At 31 December 2023
28,293 
122,722 
151,015 
- 5 -
MP POWER LTD Notes to the Accounts for the year ended 31 December 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
107,467 
- 
Other debtors
198,990 
198,580 
306,457 
198,580 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
10,000 
10,000 
VAT
47,236 
80,261 
Obligations under finance leases and hire purchase contracts
- 
8,568 
Trade creditors
35,257 
36,489 
Taxes and social security
167,069 
94,678 
Other creditors
2,655 
1,535 
Accruals
4,500 
4,230 
266,717 
235,761 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
5,001 
15,001 
Obligations under finance leases and hire purchase contracts
- 
4,337 
5,001 
19,338 
8
Average number of employees
During the year the average number of employees was 9 (2023: 6).
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