1 October 2023 false No description of principal activity Taxfiler 2024.6 10374254business:PrivateLimitedCompanyLtd2023-10-012024-09-30 103742542023-09-30 103742542023-10-012024-09-30 10374254business:AuditExemptWithAccountantsReport2023-10-012024-09-30 10374254business:AbridgedAccounts2023-10-012024-09-30 103742542024-09-30 10374254business:Director12023-10-012024-09-30 10374254business:RegisteredOffice2023-10-012024-09-30 103742542023-09-30 10374254core:WithinOneYear2024-09-30 10374254core:WithinOneYear2023-09-30 10374254core:ShareCapitalcore:PreviouslyStatedAmount2024-09-30 10374254core:ShareCapitalcore:PreviouslyStatedAmount2023-09-30 10374254core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-09-30 10374254core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-09-30 10374254core:PreviouslyStatedAmount2024-09-30 10374254core:PreviouslyStatedAmount2023-09-30 10374254business:SmallEntities2023-10-012024-09-30 10374254countries:EnglandWales2023-10-012024-09-30 10374254core:ComputerEquipment2023-10-012024-09-30 10374254business:OrdinaryShareClass12023-10-012024-09-30 10374254business:OrdinaryShareClass12022-10-012023-09-30 103742542022-10-012023-09-30 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 10374254 (England and Wales)
POWER QUALITY EXPERT LIMITED Unaudited accounts for the year ended 30 September 2024
POWER QUALITY EXPERT LIMITED Unaudited accounts Contents
Page
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POWER QUALITY EXPERT LIMITED Company Information for the year ended 30 September 2024
Director
Mr R Barker
Company Number
10374254 (England and Wales)
Registered Office
50 BEXHILL DRIVE LEIGH WN7 5TG UNITED KINGDOM
Accountants
P A Hull & Co Beech House 23 Ladies Lane Hindley, Wigan Lancashire WN2 2QA
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Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of POWER QUALITY EXPERT LIMITED for the year ended 30 September 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of POWER QUALITY EXPERT LIMITED for the year ended 30 September 2024 as set out on pages 5 - 6 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
This report is made solely to the Board of Directors of POWER QUALITY EXPERT LIMITED, as a body, in accordance with the terms of our engagement letter dated 5 May 2025. Our work has been undertaken solely to prepare for your approval the accounts of POWER QUALITY EXPERT LIMITED and state those matters that we have agreed to state to the Board of Directors of POWER QUALITY EXPERT LIMITED, as a body, in this report in accordance with AAF 07/16 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than POWER QUALITY EXPERT LIMITED and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that POWER QUALITY EXPERT LIMITED has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of POWER QUALITY EXPERT LIMITED. You consider that POWER QUALITY EXPERT LIMITED is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of POWER QUALITY EXPERT LIMITED. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
P A Hull & Co Chartered Accountants Beech House 23 Ladies Lane Hindley, Wigan Lancashire WN2 2QA 5 May 2025
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POWER QUALITY EXPERT LIMITED Statement of financial position as at 30 September 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,034 
896 
Current assets
Inventories
14,406 
14,394 
Debtors
5,406 
7,737 
Cash at bank and in hand
17,674 
19,449 
37,486 
41,580 
Creditors: amounts falling due within one year
(61,780)
(72,844)
Net current liabilities
(24,294)
(31,264)
Total assets less current liabilities
(23,260)
(30,368)
Provisions for liabilities
Deferred tax
(197)
(170)
Net liabilities
(23,457)
(30,538)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(23,458)
(30,539)
Shareholders' funds
(23,457)
(30,538)
For the year ending 30 September 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 and authorised for issue on 5 May 2025 and were signed on its behalf by
Mr R Barker Director Company Registration No. 10374254
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POWER QUALITY EXPERT LIMITED Notes to the Accounts for the year ended 30 September 2024
1
Statutory information
POWER QUALITY EXPERT LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10374254. The registered office is 50 BEXHILL DRIVE, LEIGH, WN7 5TG, UNITED KINGDOM.
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:
Computer equipment
25% reducing balance
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 October 2023
1,176 
Additions
435 
At 30 September 2024
1,611 
Depreciation
At 1 October 2023
280 
Charge for the year
297 
At 30 September 2024
577 
Net book value
At 30 September 2024
1,034 
At 30 September 2023
896 
5
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
6
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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