Registered number
NI674942
Wee Power Limited
Filleted Accounts
31 December 2024
Wee Power Limited
Registered number: NI674942
Balance Sheet
as at 31 December 2024
Notes 2024 2023
£ £
Fixed assets
Intangible assets 3 56,943 61,964
Tangible assets 4 10,986 23,196
67,929 85,160
Current assets
Debtors 5 (4,696) 630
Cash at bank and in hand 71,728 23,669
67,032 24,299
Creditors: amounts falling due within one year 6 (69,915) (55,536)
Net current liabilities (2,883) (31,237)
Net assets 65,046 53,923
Capital and reserves
Called up share capital 4 4
Profit and loss account 65,042 53,919
Shareholders' funds 65,046 53,923
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Heather Strydom
Director
Approved by the board on 9 June 2025
Wee Power Limited
Notes to the Accounts
for the year ended 31 December 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 24 22
3 Intangible fixed assets £
Goodwill:
Cost
At 1 January 2024 75,320
At 31 December 2024 75,320
Amortisation
At 1 January 2024 13,356
Provided during the year 5,021
At 31 December 2024 18,377
Net book value
At 31 December 2024 56,943
At 31 December 2023 61,964
Goodwill is being written off in equal annual instalments over its estimated economic life of 5 years.
4 Tangible fixed assets
Land and buildings Plant and machinery etc Motor vehicles Total
£ £ £ £
Cost
At 1 January 2024 5,232 44,757 5,000 54,989
Additions - 1,194 - 1,194
Disposals - - (5,000) (5,000)
At 31 December 2024 5,232 45,951 - 51,183
Depreciation
At 1 January 2024 320 28,140 3,333 31,793
Charge for the year 523 11,214 - 11,737
On disposals - - (3,333) (3,333)
At 31 December 2024 843 39,354 - 40,197
Net book value
At 31 December 2024 4,389 6,597 - 10,986
At 31 December 2023 4,912 16,617 1,667 23,196
5 Debtors 2024 2023
£ £
Trade debtors (4,696) 630
6 Creditors: amounts falling due within one year 2024 2023
£ £
Taxation and social security costs 20,057 8,731
Other creditors 49,858 46,805
69,915 55,536
7 Other information
Wee Power Limited is a private company limited by shares and incorporated in Northern Ireland. Its registered office is:
40A Antrim Road
Lurgan
Co. Armagh
BT67 9BW
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