2023-10-012024-09-302024-09-30false11566200MARKETPLACEPOWER LTD2025-06-2770229falseiso4217:GBPxbrli:pure115662002023-10-01115662002024-09-30115662002023-10-012024-09-30115662002022-10-01115662002023-09-30115662002022-10-012023-09-3011566200bus:SmallEntities2023-10-012024-09-3011566200bus:AuditExempt-NoAccountantsReport2023-10-012024-09-3011566200bus:FullAccounts2023-10-012024-09-3011566200bus:PrivateLimitedCompanyLtd2023-10-012024-09-3011566200core:WithinOneYear2024-09-3011566200core:AfterOneYear2024-09-3011566200core:WithinOneYear2023-09-3011566200core:AfterOneYear2023-09-3011566200core:ShareCapital2024-09-3011566200core:SharePremium2024-09-3011566200core:RevaluationReserve2024-09-3011566200core:OtherReservesSubtotal2024-09-3011566200core:RetainedEarningsAccumulatedLosses2024-09-3011566200core:ShareCapital2023-09-3011566200core:SharePremium2023-09-3011566200core:RevaluationReserve2023-09-3011566200core:OtherReservesSubtotal2023-09-3011566200core:RetainedEarningsAccumulatedLosses2023-09-3011566200core:LandBuildings2024-09-3011566200core:PlantMachinery2024-09-3011566200core:Vehicles2024-09-3011566200core:FurnitureFittings2024-09-3011566200core:OfficeEquipment2024-09-3011566200core:NetGoodwill2024-09-3011566200core:IntangibleAssetsOtherThanGoodwill2024-09-3011566200core:ListedExchangeTraded2024-09-3011566200core:UnlistedNon-exchangeTraded2024-09-3011566200core:LandBuildings2023-09-3011566200core:PlantMachinery2023-09-3011566200core:Vehicles2023-09-3011566200core:FurnitureFittings2023-09-3011566200core:OfficeEquipment2023-09-3011566200core:NetGoodwill2023-09-3011566200core:IntangibleAssetsOtherThanGoodwill2023-09-3011566200core:ListedExchangeTraded2023-09-3011566200core:UnlistedNon-exchangeTraded2023-09-3011566200core:LandBuildings2023-10-012024-09-3011566200core:PlantMachinery2023-10-012024-09-3011566200core:Vehicles2023-10-012024-09-3011566200core:FurnitureFittings2023-10-012024-09-3011566200core:OfficeEquipment2023-10-012024-09-3011566200core:NetGoodwill2023-10-012024-09-3011566200core:IntangibleAssetsOtherThanGoodwill2023-10-012024-09-3011566200core:ListedExchangeTraded2023-10-012024-09-3011566200core:UnlistedNon-exchangeTraded2023-10-012024-09-3011566200core:MoreThanFiveYears2023-10-012024-09-3011566200core:Non-currentFinancialInstruments2024-09-3011566200core:Non-currentFinancialInstruments2023-09-3011566200dpl:CostSales2023-10-012024-09-3011566200dpl:DistributionCosts2023-10-012024-09-3011566200core:LandBuildings2023-10-012024-09-3011566200core:PlantMachinery2023-10-012024-09-3011566200core:Vehicles2023-10-012024-09-3011566200core:FurnitureFittings2023-10-012024-09-3011566200core:OfficeEquipment2023-10-012024-09-3011566200dpl:AdministrativeExpenses2023-10-012024-09-3011566200core:NetGoodwill2023-10-012024-09-3011566200core:IntangibleAssetsOtherThanGoodwill2023-10-012024-09-3011566200dpl:GroupUndertakings2023-10-012024-09-3011566200dpl:ParticipatingInterests2023-10-012024-09-3011566200dpl:GroupUndertakingscore:ListedExchangeTraded2023-10-012024-09-3011566200core:ListedExchangeTraded2023-10-012024-09-3011566200dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-10-012024-09-3011566200core:UnlistedNon-exchangeTraded2023-10-012024-09-3011566200dpl:CostSales2022-10-012023-09-3011566200dpl:DistributionCosts2022-10-012023-09-3011566200core:LandBuildings2022-10-012023-09-3011566200core:PlantMachinery2022-10-012023-09-3011566200core:Vehicles2022-10-012023-09-3011566200core:FurnitureFittings2022-10-012023-09-3011566200core:OfficeEquipment2022-10-012023-09-3011566200dpl:AdministrativeExpenses2022-10-012023-09-3011566200core:NetGoodwill2022-10-012023-09-3011566200core:IntangibleAssetsOtherThanGoodwill2022-10-012023-09-3011566200dpl:GroupUndertakings2022-10-012023-09-3011566200dpl:ParticipatingInterests2022-10-012023-09-3011566200dpl:GroupUndertakingscore:ListedExchangeTraded2022-10-012023-09-3011566200core:ListedExchangeTraded2022-10-012023-09-3011566200dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-10-012023-09-3011566200core:UnlistedNon-exchangeTraded2022-10-012023-09-3011566200core:NetGoodwill2024-09-3011566200core:IntangibleAssetsOtherThanGoodwill2024-09-3011566200core:LandBuildings2024-09-3011566200core:PlantMachinery2024-09-3011566200core:Vehicles2024-09-3011566200core:FurnitureFittings2024-09-3011566200core:OfficeEquipment2024-09-3011566200core:AfterOneYear2024-09-3011566200core:WithinOneYear2024-09-3011566200core:ListedExchangeTraded2024-09-3011566200core:UnlistedNon-exchangeTraded2024-09-3011566200core:ShareCapital2024-09-3011566200core:SharePremium2024-09-3011566200core:RevaluationReserve2024-09-3011566200core:OtherReservesSubtotal2024-09-3011566200core:RetainedEarningsAccumulatedLosses2024-09-3011566200core:NetGoodwill2023-09-3011566200core:IntangibleAssetsOtherThanGoodwill2023-09-3011566200core:LandBuildings2023-09-3011566200core:PlantMachinery2023-09-3011566200core:Vehicles2023-09-3011566200core:FurnitureFittings2023-09-3011566200core:OfficeEquipment2023-09-3011566200core:AfterOneYear2023-09-3011566200core:WithinOneYear2023-09-3011566200core:ListedExchangeTraded2023-09-3011566200core:UnlistedNon-exchangeTraded2023-09-3011566200core:ShareCapital2023-09-3011566200core:SharePremium2023-09-3011566200core:RevaluationReserve2023-09-3011566200core:OtherReservesSubtotal2023-09-3011566200core:RetainedEarningsAccumulatedLosses2023-09-3011566200core:NetGoodwill2022-10-0111566200core:IntangibleAssetsOtherThanGoodwill2022-10-0111566200core:LandBuildings2022-10-0111566200core:PlantMachinery2022-10-0111566200core:Vehicles2022-10-0111566200core:FurnitureFittings2022-10-0111566200core:OfficeEquipment2022-10-0111566200core:AfterOneYear2022-10-0111566200core:WithinOneYear2022-10-0111566200core:ListedExchangeTraded2022-10-0111566200core:UnlistedNon-exchangeTraded2022-10-0111566200core:ShareCapital2022-10-0111566200core:SharePremium2022-10-0111566200core:RevaluationReserve2022-10-0111566200core:OtherReservesSubtotal2022-10-0111566200core:RetainedEarningsAccumulatedLosses2022-10-0111566200core:AfterOneYear2023-10-012024-09-3011566200core:WithinOneYear2023-10-012024-09-3011566200core:Non-currentFinancialInstrumentscore:CostValuation2023-10-012024-09-3011566200core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-10-012024-09-3011566200core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-10-012024-09-3011566200core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-10-012024-09-3011566200core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-10-012024-09-3011566200core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-10-012024-09-3011566200core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-10-012024-09-3011566200core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-10-012024-09-3011566200core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-10-012024-09-3011566200core:Non-currentFinancialInstrumentscore:CostValuation2024-09-3011566200core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2024-09-3011566200core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2024-09-3011566200core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2024-09-3011566200core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2024-09-3011566200core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2024-09-3011566200core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2024-09-3011566200core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2024-09-3011566200core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2024-09-3011566200core:Non-currentFinancialInstrumentscore:CostValuation2023-09-3011566200core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-09-3011566200core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-09-3011566200core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-09-3011566200core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-09-3011566200core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-09-3011566200core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-09-3011566200core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-09-3011566200core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-09-3011566200bus:Director12023-10-012024-09-30

MARKETPLACEPOWER LTD

Registered Number
11566200
(England and Wales)

Unaudited Financial Statements for the Year ended
30 September 2024

MARKETPLACEPOWER LTD
Company Information
for the year from 1 October 2023 to 30 September 2024

Director

PITTS DRAKE, James Robert

Registered Address

53 Pure Offices, Kembrey Park
Swindon
SN2 8BW

Registered Number

11566200 (England and Wales)
MARKETPLACEPOWER LTD
Balance Sheet as at
30 September 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets34941,517
4941,517
Current assets
Debtors758,01030,506
Cash at bank and on hand15,343337,947
773,353368,453
Creditors amounts falling due within one year4(303,091)(57,571)
Net current assets (liabilities)470,262310,882
Total assets less current liabilities470,756312,399
Net assets470,756312,399
Capital and reserves
Called up share capital100100
Profit and loss account470,656312,299
Shareholders' funds470,756312,399
The financial statements were approved and authorised for issue by the Director on 27 June 2025, and are signed on its behalf by:
PITTS DRAKE, James Robert
Director
Registered Company No. 11566200
MARKETPLACEPOWER LTD
Notes to the Financial Statements
for the year ended 30 September 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.
Revenue from rendering of services
Revenue 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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
Employee benefits
Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Tangible fixed assets and depreciation
All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:
2.Average number of employees

20242023
Average number of employees during the year32
3.Tangible fixed assets

Office Equipment

Total

££
Cost or valuation
At 01 October 234,9904,990
At 30 September 244,9904,990
Depreciation and impairment
At 01 October 233,4733,473
Charge for year1,0231,023
At 30 September 244,4964,496
Net book value
At 30 September 24494494
At 30 September 231,5171,517
4.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables-2,121
Bank borrowings and overdrafts-328
Taxation and social security140,35555,122
Other creditors4,109-
Accrued liabilities and deferred income158,627-
Total303,09157,571