Turf N' Power Ltd - Filleted accounts

Turf N' Power Ltd
Registered number:		13310011
Statement of Financial Position
as at 30 April 2025

Notes			2025			2024
£				£
Fixed assets
Intangible assets	3		28,000			32,000
Tangible assets	4		16,201			18,876
			44,201			50,876

Current assets
Debtors	5	11,330			5,873
Cash at bank and in hand		3,736			2,490
		15,066			8,363

Creditors: amounts falling due within one year	6	(56,120)			(50,712)

Net current liabilities			(41,054)			(42,349)

Total assets less current liabilities			3,147			8,527

Creditors: amounts falling due after more than one year	7		-			(4,910)

Provisions for liabilities			(3,078)			(3,586)


Net assets			69			31

Capital and reserves
Called up share capital			1			1
Profit and loss account			68			30

Shareholder's funds			69			31

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his 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 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.




Tom Felton
Director
Approved by the board on 19 September 2025

Turf N' Power Ltd
Notes to the Accounts
for the year ended 30 April 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102 Section 1a small entities, the financial reporting standard applicable in the UK and the Republic of Ireland.

	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 rendering of services. 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.

	Intangible fixed assets
	Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery			25% reducing balance
	Motor vehicles			25% reducing balance

	Debtors
	Short term debtors are measured at transaction price, less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price. Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.

	Pensions
	The company operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.



2	Employees and directors					2025		2024
Number							Number

	Average number of directors and persons employed by the company					1		2


3	Intangible fixed assets							£
	Goodwill:

	Cost
	At 1 May 2024							40,000
	At 30 April 2025							40,000

	Amortisation
	At 1 May 2024							8,000
	Provided during the year							4,000
	At 30 April 2025							12,000

	Net book value
	At 30 April 2025							28,000
	At 30 April 2024							32,000

	Goodwill is being written off in equal annual instalments over its estimated economic life of 10 years.


4	Tangible fixed assets
				Plant and machinery etc		Motor vehicles		Total
£					£		£
	Cost
	At 1 May 2024			6,645		25,560		32,205
	Additions			2,672		-		2,672
	At 30 April 2025			9,317		25,560		34,877

	Depreciation
	At 1 May 2024			1,666		11,663		13,329
	Charge for the year			1,873		3,474		5,347
	At 30 April 2025			3,539		15,137		18,676

	Net book value
	At 30 April 2025			5,778		10,423		16,201
	At 30 April 2024			4,979		13,897		18,876




5	Debtors					2025		2024
£							£

	Trade debtors					432		1,132
	Accrued income					-		4,431
	Other debtors					10,898		310
						11,330		5,873


6	Creditors: amounts falling due within one year					2025		2024
£							£

	Bank loans and overdrafts					-		6,001
	Obligations under finance lease and hire purchase contracts					4,910		5,356
	Trade creditors					8,113		1,660
	Accruals					1,156		1,098
	Corporation tax					4,271		2,596
	Other taxes and social security costs					8,299		11,902
	Other creditors					29,371		22,099
						56,120		50,712


7	Creditors: amounts falling due after one year					2025		2024
£							£

	Obligations under finance lease and hire purchase contracts					-		4,910


8	Loans to directors
	Description and conditions	B/fwd	Paid		Repaid		C/fwd
£			£		£		£
	Tom Felton
	Repayable on demand	-		10,898		-		10,898

		-		10,898		-		10,898


9	Other information

	Turf N' Power Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	45 Kingsway
	Blackwater
	Camberley
	GU17 0JJ