Company registration number 11345685 (England and Wales)
POWER RIGHT LTD
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2025
PAGES FOR FILING WITH REGISTRAR
POWER RIGHT LTD
COMPANY INFORMATION
Director
Mr S C Creamer
Company number
11345685
Registered office
2 Upperton Gardens
Eastbourne
East Sussex
England
BN21 2AH
Accountants
Xeinadin South East Ltd
2 Upperton Gardens
Eastbourne
East Sussex
England
BN21 2AH
POWER RIGHT LTD
CONTENTS
Page
Director's report
1
Accountants' report
2
Profit and loss account
3
Balance sheet
4
Notes to the financial statements
5 - 7
POWER RIGHT LTD
DIRECTOR'S REPORT
FOR THE YEAR ENDED 31 MAY 2025
- 1 -

The director presents his annual report and financial statements for the year ended 31 May 2025.

Director

The director who held office during the year and up to the date of signature of the financial statements was as follows:

Mr S C Creamer
Small companies exemption

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.

On behalf of the board
Mr S C Creamer
Director
31 July 2025
POWER RIGHT LTD
REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY ACCOUNTS OF POWER RIGHT LTD
- 2 -

These financial statements have been prepared in accordance with our terms of engagement and in order to assist you to fulfil your duties under the Companies Acts that relate to preparing the financial statements of the company for the year ended 31 May 2025.

You have determined that the company is exempt from the statutory requirement for an audit for this accounting year. Therefore, the financial statements are unaudited.

 

The financial statements are provided exclusively to the director for the limited purpose mentioned above, and may not be used or relied upon for any other purpose or by any other person, and we shall not be liable for any other usage or reliance.

On the balance sheet, you have acknowledged your duties under the prevailing Companies Acts to ensure that the company keeps adequate accounting records and prepares financial statements that give a true and fair view.

We have prepared these financial statements based on the accounting records, information and explanations provided by you. We do not express any opinion on the financial statements.

Xeinadin South East Ltd
2 Upperton Gardens
Eastbourne
East Sussex
BN21 2AH
England
31 July 2025
POWER RIGHT LTD
PROFIT AND LOSS ACCOUNT
FOR THE YEAR ENDED 31 MAY 2025
- 3 -
2025
2024
£
£
Turnover
332,780
214,654
Cost of sales
(104,092)
(44,265)
Gross profit
228,688
170,389
Administrative expenses
(77,702)
(82,358)
Other operating income
1,066
-
0
Profit before taxation
152,052
88,031
Tax on profit
(32,309)
(19,378)
Profit for the financial year
119,743
68,653

The profit and loss account has been prepared on the basis that all operations are continuing operations.

POWER RIGHT LTD
BALANCE SHEET
AS AT
31 MAY 2025
31 May 2025
- 4 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
23,931
6,165
Current assets
Debtors
4
20,221
658
Cash at bank and in hand
147,233
124,015
167,454
124,673
Creditors: amounts falling due within one year
5
(52,836)
(28,532)
Net current assets
114,618
96,141
Net assets
138,549
102,306
Capital and reserves
Called up share capital
100
100
Profit and loss reserves
138,449
102,206
Total equity
138,549
102,306

For the financial year ended 31 May 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The financial statements were approved and signed by the director and authorised for issue on 31 July 2025
Mr S C Creamer
Director
Company registration number 11345685 (England and Wales)
POWER RIGHT LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2025
- 5 -
1
Accounting policies
Company information

Power Right Ltd 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.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

1.2
Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

1.3
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

Plant and equipment
25% on reducing balance
Fixtures and fittings
25% on reducing balance
Computers
25% on cost
1.4
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax has not been recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. The directors do not believe that this is necessary and accept this accounting treatment does not comply with Financial Reporting Standard 102.

1.5
Leases
As lessee

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

POWER RIGHT LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MAY 2025
- 6 -
2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
2
3
3
Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 June 2024
17,008
Additions
25,743
At 31 May 2025
42,751
Depreciation and impairment
At 1 June 2024
10,843
Depreciation charged in the year
7,977
At 31 May 2025
18,820
Carrying amount
At 31 May 2025
23,931
At 31 May 2024
6,165
4
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
19,514
-
0
Other debtors
707
658
20,221
658
POWER RIGHT LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MAY 2025
- 7 -
5
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
9,443
916
Taxation and social security
42,180
25,676
Other creditors
1,213
1,940
52,836
28,532
6
RELATED PARTY DISCLOUSERS

During the year, total dividends of £83,500 (2024 - £88,000) were paid to the director.

2025-05-312024-06-01falsefalsefalse31 July 2025CCH SoftwareCCH Accounts Production 2025.100No description of principal activityMr S C Creamer113456852024-06-012025-05-3111345685bus:Director12024-06-012025-05-3111345685bus:RegisteredOffice2024-06-012025-05-31113456852025-05-31113456852023-06-012024-05-31113456852024-05-3111345685core:OtherPropertyPlantEquipment2025-05-3111345685core:OtherPropertyPlantEquipment2024-05-3111345685core:CurrentFinancialInstrumentscore:WithinOneYear2025-05-3111345685core:CurrentFinancialInstrumentscore:WithinOneYear2024-05-3111345685core:ShareCapital2025-05-3111345685core:ShareCapital2024-05-3111345685core:RetainedEarningsAccumulatedLosses2025-05-3111345685core:RetainedEarningsAccumulatedLosses2024-05-3111345685core:PlantMachinery2024-06-012025-05-3111345685core:FurnitureFittings2024-06-012025-05-3111345685core:ComputerEquipment2024-06-012025-05-3111345685core:OtherPropertyPlantEquipment2024-05-3111345685core:OtherPropertyPlantEquipment2024-06-012025-05-3111345685core:CurrentFinancialInstruments2025-05-3111345685core:CurrentFinancialInstruments2024-05-3111345685core:WithinOneYear2025-05-3111345685core:WithinOneYear2024-05-3111345685bus:PrivateLimitedCompanyLtd2024-06-012025-05-3111345685bus:SmallCompaniesRegimeForAccounts2024-06-012025-05-3111345685bus:FRS1022024-06-012025-05-3111345685bus:AuditExemptWithAccountantsReport2024-06-012025-05-3111345685bus:FullAccounts2024-06-012025-05-31xbrli:purexbrli:sharesiso4217:GBP