Registration number: 14126387

Powerforce Maintenance UK Limited

Contents

Company Information	1
Balance Sheet	2
Notes to the Financial Statements	3 to 7

Powerforce Maintenance UK Limited

Company Information

Directors

Mr Rapael Hunter Penque Mrs Natasha Masters Miss Jodie Morwenna Brookes

Registered office

Clifton Down House 54a Whiteladies Road Bristol BS8 2NH

Auditors

Richardson Swift Audit Limited 11 Laura Place Bath BA2 4BL

Powerforce Maintenance UK Limited

(Registration number: 14126387)
Balance Sheet as at 31 December 2024

	Note	2024 £		2023 £
Fixed assets
Tangible assets	4		35,107	4,730
Current assets
Debtors	5	1,945,079		304,861
Cash at bank and in hand		199,963		5,155
		2,145,042		310,016
Creditors: Amounts falling due within one year	6	(1,873,137)		(382,113)
Net current assets/(liabilities)			271,905	(72,097)
Net assets/(liabilities)			307,012	(67,367)
Capital and reserves
Called up share capital	7	300,075		2
Retained earnings		6,937		(67,369)
Shareholders' funds/(deficit)			307,012	(67,367)

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 26 September 2025 and signed on its behalf by:
 

.........................................

Mrs Natasha Masters
Director

Powerforce Maintenance UK Limited

Notes to the Financial Statements for the Year Ended 31 December 2024

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Clifton Down House
54a Whiteladies Road
Bristol
BS8 2NH
 

These financial statements were authorised for issue by the Board on 26 September 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The accounts have been prepared on a going concern basis.

Powerforce Maintenance UK Limited

Notes to the Financial Statements for the Year Ended 31 December 2024

Audit report

The Independent Auditor's Report was unqualified. . The name of the Senior Statutory Auditor who signed the audit report on 28 September 2025 was Catherine Edwards BSc FCA, who signed for and on behalf of Richardson Swift Audit Limited.

.........................................

Judgements

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Revenue recognition

Turnover on permanent contracts is recognised when the contract commences. Turnover on temporary placements is recognised as the work is carried out.

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Office equipment	20% straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Powerforce Maintenance UK Limited

Notes to the Financial Statements for the Year Ended 31 December 2024

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 4 (2023 - 2).

Powerforce Maintenance UK Limited

Notes to the Financial Statements for the Year Ended 31 December 2024

4	Tangible assets

	Office equipment £	Total £
Cost or valuation
At 1 January 2024	6,088	6,088
Additions	36,539	36,539
At 31 December 2024	42,627	42,627
Depreciation
At 1 January 2024	1,358	1,358
Charge for the year	6,162	6,162
At 31 December 2024	7,520	7,520
Carrying amount
At 31 December 2024	35,107	35,107
At 31 December 2023	4,730	4,730

5

Debtors

Current	Note	2024 £	2023 £
Trade debtors		1,500,744	47,628
Accrued income		207,648	191,585
Amounts owed by group undertakings	8	102,354	-
Prepayments		45,373	43,841
Other debtors		88,960	21,807
		1,945,079	304,861

6

Creditors

Creditors: amounts falling due within one year

	Note	2024 £	2023 £
Due within one year
Trade creditors		164,826	282,972
Amounts owed to group undertakings	8	1,505,529	-
Taxation and social security		11,709	2,455
Accruals and deferred income		172,220	40,788
Other creditors		18,853	55,898
		1,873,137	382,113

Powerforce Maintenance UK Limited

Notes to the Financial Statements for the Year Ended 31 December 2024

7	Share capital

Allotted, called up and fully paid shares

	2024		2023
	No.	£	No.	£
Ordinary shares of £1 each	100	100	2	2
B shares of £1 (2023 - £0) each	299,975	299,975	-	-
	300,075	300,075	2	2

During the year 98 ordinary shares and 299,975 B shares were issued at par.

The B shares carry no voting or dividend rights and upon sale of the company will be repaid at par ahead of the ordinary shares.

8	Related party transactions

During the period the directors maintained a loan account with the company. As at the period end the company was owed £18,713 (2023: £7,273) from the directors. There are no fixed repayment terms associated with this loan and no interest is charged on the outstanding amount.

Sanderson Solutions International Limited own 25% of Ordinary shares and 100% of the B shares of the company.

As at the year end the company owed £1,152,394 (2023: £nil) to Sanderson Solutions International Limited. This amount is included in amounts owed to group undertakings. Interest of £16,691 was charged during the year on this intercompany balance.

Advantage has been taken of the exemption in FRS 102 to not disclose transactions with companies that are owned 100% by Powerforce Maintenance UK Limited.