2023-09-01 03829385 2024-08-31 03829385 2023-09-01 2024-08-31 03829385 2023-08-31 03829385 2022-09-01 2023-08-31 03829385 uk-core:WithinOneYear 2023-08-31 03829385 uk-core:WithinOneYear 2024-08-31 03829385 uk-core:ShareCapital 2024-08-31 03829385 uk-core:ShareCapital 2023-08-31 03829385 uk-core:RetainedEarningsAccumulatedLosses 2024-08-31 03829385 uk-core:RetainedEarningsAccumulatedLosses 2023-08-31 03829385 uk-bus:Director1 2023-09-01 2024-08-31 03829385 uk-core:ComputerEquipment 2023-08-31 03829385 uk-core:FurnitureFittings 2023-08-31 03829385 uk-core:PlantMachinery 2023-08-31 03829385 uk-core:PlantMachinery 2024-08-31 03829385 uk-core:FurnitureFittings 2024-08-31 03829385 uk-core:ComputerEquipment 2024-08-31 03829385 uk-core:ComputerEquipment 2023-09-01 2024-08-31 03829385 uk-core:FurnitureFittings 2023-09-01 2024-08-31 03829385 uk-core:PlantMachinery 2023-09-01 2024-08-31 03829385 uk-core:WithinOneYear 2024-08-31 03829385 uk-core:WithinOneYear 2023-08-31 iso4217:GBP xbrli:pure 03829385 uk-bus:AuditExemptWithAccountantsReport 2023-09-01 2024-08-31 03829385 uk-bus:FRS102 2023-09-01 2024-08-31 03829385 uk-bus:FilletedAccounts 2023-09-01 2024-08-31 03829385 uk-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31
Powerplus Enterprises Limited
Registered Number:03829385
For the year ended 31 August 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 31 August 2024
Powerplus Enterprises Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
03829385
As at 31 August 2024
Powerplus Enterprises Limited
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
1,534
2,261
2
1,534
2,261
Current assets
Inventories
706,758
682,165
3
Trade and other receivables
246,900
283,819
4
151,084
Cash and cash equivalents
82,249
1,048,233
1,104,742
Trade and other payables: amounts falling due within one year
(231,342)
(190,111)
5
873,400
858,122
Net current assets
Total assets less current liabilities
859,656
875,661
859,656
Net assets
875,661
Capital and reserves
Called up share capital
360,263
360,263
Retained earnings
499,393
515,398
859,656
875,661
Shareholders' funds
For the year ended 31 August 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 of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section 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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr Amardeep Dhody Director
These financial statements were approved and authorised for issue by the Board on 24 March 2025 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 August 2024
Powerplus Enterprises Limited
Notes to the Financial Statements
Statutory Information
Powerplus Enterprises Limited is a private limited company, limited by shares, domiciled in England and Wales, registration
number 03829385.
Registered address:
Westerdale House
Harthill Street
Manchester
M8 8AG
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting Standard
102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the Companies Act 2006. The
financial statements have been prepared under the historical costs convention as modified by the revaluation of certain assets.
2. Property, plant and equipment
Total
Computer
Equipment
Furniture and
Fittings
Plant and
Machinery
£
£
£
£
Cost or valuation
At 01 September 2023
47,658
9,797
12,500
25,361
At 31 August 2024
25,361
12,500
9,797
47,658
Provision for depreciation and impairment
At 01 September 2023
45,397
9,105
11,298
24,994
Charge for year
727
412
241
74
At 31 August 2024
46,124
9,517
11,539
25,068
At 31 August 2024
Net book value
293
961
280
1,534
At 31 August 2023
367
1,202
692
2,261
3. Inventories
2023
2024
£
£
Stocks
682,165
706,758
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5
For the year ended 31 August 2024
Powerplus Enterprises Limited
Notes to the Financial Statements Continued
4. Trade and other receivables
2023
2024
£
£
Trade debtors
235,327
221,348
Other debtors
48,492
25,552
246,900
283,819
5. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Bank loans and overdraft
199,935
168,063
Trade creditors
(77,264)
43,419
Taxation and social security
59,840
14,539
Other creditors
7,600
5,321
190,111
231,342
6. Average number of persons employed
During the year the average number of employees was 3 (2023 : 3)
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