Company Registration No. 10708458 (England and Wales)
Power Group Holdings Limited
Unaudited financial statements
for the year ended 30 April 2024
Pages for filing with the registrar
Power Group Holdings Limited
Balance sheet
As at 30 April 2024
1
2024
2023
as restated
£
£
£
£
Fixed assets
2,249,192
821,038
Current assets
269,177
495,043
Prepayments and accrued income
17,664
Creditors: amounts falling due within one year
(55,468)
(64,652)
Net current assets
231,373
430,391
Total assets less current liabilities
2,480,565
1,251,429
Creditors: amounts falling due after more than one year
(1,250,276)
Net assets
1,230,289
1,251,429
Capital and reserves
1,230,289
1,251,429
Notes to the financial statements
1
Directors' benefits: advances, credit and guarantees
As at 30 April 2024, included within current assets is a loan of £31,687 (2023: £Nil) due from Paul Murray, the director of the company. The loan is unsecured, charged at the official interest rate and repayable on demand.
2
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2024
2023
Number
Number
Employees
2
2
Power Group Holdings Limited is a private company limited by shares incorporated in England and Wales. The registered office is 71 Queen Victoria Street, London, EC4V 4BE.
For the year ended 30 April 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
Power Group Holdings Limited
Balance sheet (continued)
As at 30 April 2024
2
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime.
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true
The financial statements were approved by the board of directors and authorised for issue on 18 March 2025 and are signed on its behalf by:
Paul Murray
Director
Company registration number 10708458 (England and Wales)