REGISTERED NUMBER: 02063061 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2025

FOR

POWERPRO (UK) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs L Roberts

Mr J M Roberts

REGISTERED OFFICE:

Middlemore Lane West

Aldridge

Walsall

West Midlands

WS9 8BG

REGISTERED NUMBER:

02063061 (England and Wales)

ACCOUNTANTS:

Crowe U.K. LLP

Black Country House

Rounds Green Road

Oldbury

West Midlands

B69 2DG

FIXED ASSETS

Tangible assets

4

165,843

175,760

CURRENT ASSETS

Stocks

231,896

186,078

Debtors

5

1,494,493

1,585,525

Cash at bank and in hand

2,293,532

2,017,588

4,019,921

3,789,191

CREDITORS

Amounts falling due within one year

6

1,096,708

646,973

NET CURRENT ASSETS

2,923,213

3,142,218

TOTAL ASSETS LESS CURRENT LIABILITIES

3,089,056

3,317,978

PROVISIONS FOR LIABILITIES

8

35,921

30,998

NET ASSETS

3,053,135

3,286,980

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

3,053,035

3,286,880

SHAREHOLDERS' FUNDS

3,053,135

3,286,980

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 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.

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

The financial statements were approved by the Board of Directors and authorised for issue on 18 September 2025 and were signed on its behalf by:

Mrs L Roberts - Director

1.	STATUTORY INFORMATION

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

Tangible fixed assets

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

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Office equipment

-

25% on reducing balance

Stocks

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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 18 (2024 - 17 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Long

Plant and

and

leasehold

machinery

fittings

£

£

£

Cost

At 1 February 2024

2,785

78,228

6,692

Additions

1,697

3,457

5,575

Disposals

-

(1,779

)

(2,301

)

At 31 January 2025

4,482

79,906

9,966

Depreciation

At 1 February 2024

2,785

60,138

6,354

Charge for year

-

4,523

84

Eliminated on disposal

-

(1,779

)

(2,167

)

At 31 January 2025

2,785

62,882

4,271

Net book value

At 31 January 2025

1,697

17,024

5,695

At 31 January 2024

-

18,090

338

Motor

Office

vehicles

equipment

Totals

£

£

£

Cost

At 1 February 2024

316,847

6,983

411,535

Additions

57,997

680

69,406

Disposals

(55,075

)

-

(59,155

)

At 31 January 2025

319,769

7,663

421,786

Depreciation

At 1 February 2024

162,276

4,222

235,775

Charge for year

39,384

704

44,695

Eliminated on disposal

(20,581

)

-

(24,527

)

At 31 January 2025

181,079

4,926

255,943

Net book value

At 31 January 2025

138,690

2,737

165,843

At 31 January 2024

154,571

2,761

175,760

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

Motor

vehicles

£

Cost

At 1 February 2024

70,050

Transfer to ownership

(70,050

)

At 31 January 2025

-

Depreciation

At 1 February 2024

34,342

Transfer to ownership

(34,342

)

At 31 January 2025

-

Net book value

At 31 January 2025

-

At 31 January 2024

35,708

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

663,222

707,169

Other debtors

826,565

737,065

Directors' loan accounts

-

135,171

Prepayments

4,706

6,120

1,494,493

1,585,525

The amount of £681,176 (2024:£683,444) is included in other debtors relates to Property Holdings & Rental Services Limited a company that is owned by the shareholders.

The maximum amount outstanding, by a participator, during the year was £101,739 (2024:£53,621). No interest was charged on the loan.

The maximum amount outstanding, by a director, during the year was £287,660 (2024:£135,171). No interest was charged on the loan.

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Hire purchase contracts

-

13,312

Trade creditors

203,237

228,458

Taxation and social security

810,264

384,426

Other creditors

83,207

20,777

1,096,708

646,973

7.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Hire purchase contracts

-

13,312

The amounts included in hire purchase contracts are secured on the vehicles to which the hire purchase relates.

8.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

Accelerated capital allowances

35,921

30,998

Deferred

tax

£

Balance at 1 February 2024

30,998

Provided during year

4,923

Balance at 31 January 2025

35,921

9.	PENSION COMMITMENTS

The company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. At the balance sheet date £5,573 was payable to the fund (2024: £4,165).