REGISTERED NUMBER: 15651253 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 16 APRIL 2024 TO 31 DECEMBER 2024

FOR

POWDER AND MATERIAL HANDLING SERVICES

HOLDINGS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D G Drake

T D Stewardson

REGISTERED OFFICE:

Room 73, Wrest House

Wrest Park

Silsoe

Bedford

Bedfordshire

MK45 4HR

REGISTERED NUMBER:

15651253 (England and Wales)

ACCOUNTANTS:

MDG Business Associates Limited

Room 73

Wrest House

Wrest Park

Silsoe

Bedfordshire

MK45 4HR

FIXED ASSETS

Investments

5

98

Investment property

6

281,616

281,714

CURRENT ASSETS

Debtors

7

100

Cash at bank

2,789

2,889

CREDITORS

Amounts falling due within one year

8

103,162

NET CURRENT LIABILITIES

(100,273

)

TOTAL ASSETS LESS CURRENT LIABILITIES

181,441

CREDITORS

Amounts falling due after more than one year

9

183,225

NET LIABILITIES

(1,784

)

CAPITAL AND RESERVES

Called up share capital

10

100

Retained earnings

(1,884

)

SHAREHOLDERS' FUNDS

(1,784

)

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

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

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 26 September 2025 and were signed on its behalf by:

D G Drake - Director

T D Stewardson - Director

1.	STATUTORY INFORMATION

Powder and Material Handling Services Holdings 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

After making enquires, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, the directors continue to adopt the going concern basis in preparing the financial statements.

Preparation of consolidated financial statements

The financial statements contain information about Powder and Material Handling Services Holdings Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover

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

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Investment property

The freehold property is stated at an open market value in the opinion of the directors. As such no depreciation has been charged in respect of this class of asset and no deferred tax has been provided on any future sale as the base cost of the property remains consistent with the current open market value. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL.

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

Cost

Additions

98

At 31 December 2024

98

Net book value

At 31 December 2024

98

In the opinion of the directors, the company and its subsidiary undertaking comprise a small group. The company has therefore taken advantage of the exemption provided by Section 398 of the Companies Act 2006 not to prepare group accounts, and hence the accounts present information about the company as an individual undertaking and not about the group as a whole.

6.	INVESTMENT PROPERTY

Total

£

Fair value

Additions

281,616

At 31 December 2024

281,616

Net book value

At 31 December 2024

281,616

The directors consider the valuation of the investment property at the Balance Sheet date to be the current market value of the property valuation and as such, no depreciation has been charged in respect of this asset class. Any aggregate surplus or deficit arising from changes in fair value is to be recognised in profit or loss.

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Other debtors

100

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Bank loans and overdrafts

21,600

Amounts owed to group undertakings

38,045

Other creditors

2,000

Directors' loan account

40,000

Accruals and deferred income

1,517

103,162

Bank loan interest is being charged at 3.95% per year above the Bank of England base rate.

The bank loan is secured by way of a legal mortgage deed, incorporating a fixed charge, in favour of the bank lender over the specified property. A second charge comprising a debenture deed, incorporating both a fixed and floating charge, is further secured over the assets and undertakings of the company as a whole in the favour of the bank lender.

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

£

Bank loans - 1-2 years

21,600

Bank loans - 2-5 years

64,800

Bank loans more 5 yr by instal

96,825

183,225

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

96,825

Bank loan interest is being charged at 3.95% per year above the Bank of England base rate.

The bank loan is secured by way of a legal mortgage deed, incorporating a fixed charge, in favour of the bank lender over the specified property. A second charge comprising a debenture deed, incorporating both a fixed and floating charge, is further secured over the assets and undertakings of the company as a whole in the favour of the bank lender.

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

100

Ordinary

£1

100

Upon incorporation 100 Ordinary shares at £1 each were issued at par.

11.	RELATED PARTY DISCLOSURES