REGISTERED NUMBER: 06096133 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2024

FOR

MOWERPOWER LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R W Webster

D M Webster

L Webster

SECRETARY:

D M Webster

REGISTERED OFFICE:

327 Clifton Drive South

Lytham St Annes

Lancashire

FY8 1HN

REGISTERED NUMBER:

06096133 (England and Wales)

ACCOUNTANTS:

Whitehead & Howarth

327 Clifton Drive South

Lytham St Annes

Lancashire

FY8 1HN

FIXED ASSETS

Tangible assets

4

30,548

40,045

CURRENT ASSETS

Stocks

289,851

296,984

Debtors

20,111

15,052

Cash at bank and in hand

14,983

28,840

324,945

340,876

CREDITORS

Amounts falling due within one year

190,919

202,817

NET CURRENT ASSETS

134,026

138,059

TOTAL ASSETS LESS CURRENT LIABILITIES

164,574

178,104

CREDITORS

Amounts falling due after more than one year

-

(3,402

)

PROVISIONS FOR LIABILITIES

6

(5,804

)

(7,609

)

NET ASSETS

158,770

167,093

CAPITAL AND RESERVES

Called up share capital

7

2

2

Retained earnings

158,768

167,091

SHAREHOLDERS' FUNDS

158,770

167,093

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

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

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

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31st December 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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

The financial statements were approved by the Board of Directors and authorised for issue on 10th September 2025 and were signed on its behalf by:

D M Webster - Director

1.	STATUTORY INFORMATION

Mowerpower 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 the net total of all sales of goods and services for the period, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Improvements to property

-

10% on cost

Plant and machinery

-

20% on reducing balance and 10% on cost

Motor vehicles

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2023 - 12 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1st January 2024

84,939

Additions

666

At 31st December 2024

85,605

DEPRECIATION

At 1st January 2024

44,894

Charge for year

10,163

At 31st December 2024

55,057

NET BOOK VALUE

At 31st December 2024

30,548

At 31st December 2023

40,045

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Totals

£

COST

At 1st January 2024

and 31st December 2024

24,878

DEPRECIATION

At 1st January 2024

7,774

Charge for year

4,276

At 31st December 2024

12,050

NET BOOK VALUE

At 31st December 2024

12,828

At 31st December 2023

17,104

5.	LEASING AGREEMENTS

Minimum lease payments under hire purchase fall due as follows:

31/12/24

31/12/23

£

£

Net obligations repayable:

Within one year

3,402

4,497

Between one and five years

-

3,402

3,402

7,899

6.	PROVISIONS FOR LIABILITIES

31/12/24

31/12/23

£

£

Deferred tax

5,804

7,609

Deferred

tax

£

Balance at 1st January 2024

7,609

Provided during year

(1,805

)

Accelerated capital allowances

Balance at 31st December 2024

5,804

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid up:

Number:

Class:

Nominalvalue:

31.12.22

31.12.21

£

£

200

Ordinary

£0.01

2.00

2.00

20

Ordinary A

£0.01

0.20

0.20

20

Ordinary B

£0.01

0.20

0.20

20

Ordinary C

£0.01

0.20

0.20

2.60

2.60

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31st December 2024 and 31st December 2023:

31/12/24

31/12/23

£

£

R W Webster and L Webster

Balance outstanding at start of year

(2,516

)

(266

)

Amounts repaid

-

(2,250

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(2,516

)

(2,516

)

9.	ULTIMATE CONTROLLING PARTY