Acorah Software Products - Accounts Production 16.4.675 true true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 02481628 Mr Edward Altham M T Smith 36 Lichfield Street, Walsall, WS1 1TJ true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 02481628 2023-12-31 02481628 2024-12-31 02481628 2024-01-01 2024-12-31 02481628 frs-core:CurrentFinancialInstruments 2024-12-31 02481628 frs-core:ShareCapital 2024-12-31 02481628 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 02481628 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 02481628 frs-bus:SmallEntities 2024-01-01 2024-12-31 02481628 frs-bus:EntityHasNeverTraded 2024-01-01 2024-12-31 02481628 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 02481628 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 02481628 1 2024-01-01 2024-12-31 02481628 frs-bus:Director1 2024-01-01 2024-12-31 02481628 frs-countries:EnglandWales 2024-01-01 2024-12-31 02481628 2022-12-31 02481628 2023-12-31 02481628 frs-core:CurrentFinancialInstruments 2023-12-31 02481628 frs-core:ShareCapital 2023-12-31
Registered number: 02481628
Powertec Automotive Equipment Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
DKR Chartered Accountants
36 Lichfield Street
Walsall
West Midlands
WS1 1TJ
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2
Page 1
Balance Sheet
Registered number: 02481628
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Debtors 3 2 2
2 2
NET CURRENT ASSETS (LIABILITIES) 2 2
TOTAL ASSETS LESS CURRENT LIABILITIES 2 2
NET ASSETS 2 2
CAPITAL AND RESERVES
Called up share capital 4 2 2
SHAREHOLDERS' FUNDS 2 2
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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
Mr Edward Altham
Director
30th September 2025
The notes on page 2 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Powertec Automotive Equipment Limited is a private company, limited by shares, incorporated in England & Wales, registered number 02481628 . The registered office is 36 Lichfield Street, Walsall, West Midlands, WS1 1TJ.
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.
3. Debtors
2024 2023
£ £
Due within one year
Amounts owed by group undertakings 2 2
4. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
5. Ultimate Parent Undertaking and Controlling Party
The company's immediate and ultimate parent undertaking is The Tool Connection Ltd . The Tool Connection Ltd was incorporated in England & Wales. Copies of the group accounts may be obtained from the registered office, 36 Lichfield Street, Walsall, WS1 1TJ . The ultimate controlling party is M T Smith who controls 100% of the shares of Powertec Automotive Equipment Limited .
Page 2