Powerhouse Real Estate Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 12353070

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Investment Properties	4		1,145,000		1,145,000

			1,145,000		1,145,000
CURRENT ASSETS
Cash at bank and in hand		15,793		34,714

		15,793		34,714
Creditors: Amounts Falling Due Within One Year	5	(72,862 )		(90,461 )

NET CURRENT ASSETS (LIABILITIES)			(57,069 )		(55,747 )

TOTAL ASSETS LESS CURRENT LIABILITIES			1,087,931		1,089,253

Creditors: Amounts Falling Due After More Than One Year	6		(670,226 )		(665,284 )

NET ASSETS			417,705		423,969

CAPITAL AND RESERVES
Called up share capital	8		100		100
Share premium account			431,383		431,383
Profit and Loss Account			(13,778 )		(7,514 )

SHAREHOLDERS' FUNDS			417,705		423,969

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Powerhouse Real Estate Limited

Balance Sheet (continued)

As At 31 December 2024

For the year ending 31 December 2024 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 in accordance with section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

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

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

F P Power

Director

23rd September 2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Powerhouse Real Estate Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12353070 . The registered office is 205 Lennard Road, Beckenham, Kent, BR3 1QN.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. 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 sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

2.3. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.

3. Average Number of Employees

Average number of employees, including directors, during the year was: NIL (2023: NIL)

4. Investment Property

	2024
	£
Fair Value
As at 1 January 2024 and 31 December 2024	1,145,000

5. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Bank loans and overdrafts	44,193	49,181
Accruals and deferred income	1,590	13,560
Director's loan account	27,079	27,720

	72,862	90,461

6. Creditors: Amounts Falling Due After More Than One Year

	2024	2023
	£	£
Bank loans	670,226	665,284

7. Secured Creditors

Of the creditors the following amounts are secured.

	2024		2023
	£		£
Bank loans and overdrafts	714,419		714,465

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Powerhouse Real Estate Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

8. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	100	100

9. Related Party Transactions

Included within other creditors is a loan from the director to the company. The balance outstanding as at 31 December 2024 was £27,079 (2023: £27,720l). This loan is interest free and repayable on demand.

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