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REGISTERED NUMBER: 08324032 (England and Wales)










UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

THE POWER OF ATTORNEY PRACTICE LIMITED

THE POWER OF ATTORNEY PRACTICE LIMITED (REGISTERED NUMBER: 08324032)

CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 December 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


THE POWER OF ATTORNEY PRACTICE LIMITED

COMPANY INFORMATION
for the Year Ended 31 December 2024







DIRECTOR: Mrs M J Heyworth





REGISTERED OFFICE: 40 Rochester Road
Earlsdon
Coventry
West Midlands
CV5 6AG





REGISTERED NUMBER: 08324032 (England and Wales)





ACCOUNTANTS: Bernard Rogers & Co
Bank Gallery
High Street
Kenilworth
Warwickshire
CV8 1LY

THE POWER OF ATTORNEY PRACTICE LIMITED (REGISTERED NUMBER: 08324032)

BALANCE SHEET
31 December 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 99 199

CURRENT ASSETS
Debtors 5 59,232 2,700
Cash at bank 40,065 33,738
99,297 36,438
CREDITORS
Amounts falling due within one year 6 44,733 13,194
NET CURRENT ASSETS 54,564 23,244
TOTAL ASSETS LESS CURRENT
LIABILITIES

54,663

23,443

PROVISIONS FOR LIABILITIES 19 38
NET ASSETS 54,644 23,405

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 54,643 23,404
SHAREHOLDERS' FUNDS 54,644 23,405

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

THE POWER OF ATTORNEY PRACTICE LIMITED (REGISTERED NUMBER: 08324032)

BALANCE SHEET - continued
31 December 2024


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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 5 March 2025 and were signed by:





Mrs M J Heyworth - Director


THE POWER OF ATTORNEY PRACTICE LIMITED (REGISTERED NUMBER: 08324032)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 December 2024


1. STATUTORY INFORMATION

The Power Of Attorney Practice Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents net invoiced sales of goods and services, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2024
and 31 December 2024 956
DEPRECIATION
At 1 January 2024 757
Charge for year 100
At 31 December 2024 857
NET BOOK VALUE
At 31 December 2024 99
At 31 December 2023 199

THE POWER OF ATTORNEY PRACTICE LIMITED (REGISTERED NUMBER: 08324032)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 December 2024


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 5,038 2,520
Other debtors 54,194 180
59,232 2,700

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 42,904 10,732
Other creditors 1,829 2,462
44,733 13,194

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

During the year, the director's current account became overdrawn. The maximum overdrawn amount during the year was £42,046 (2023:£Nil) and the balance at the year end was £40,519 (2023:£Nil).

8. RELATED PARTY DISCLOSURES

At 31 December 2024 other creditors included loans made to the company by the director of £Nil (2023: £93).

9. ULTIMATE CONTROLLING PARTY

The controlling party is Mrs M J Heyworth.