5830434falsethe hire of portable washrooms, lavatories and associated facilities2024-02-292025-02-28http://www.companieshouse.gov.uk/2024-02-28http://www.companieshouse.gov.uk/pt:PlantMachinery2024-02-28http://www.companieshouse.gov.uk/pt:ShareCapital2024-02-28http://www.companieshouse.gov.uk/cd:Director12024-02-292025-02-28http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2024-02-28http://www.companieshouse.gov.uk/pt:PlantMachinery2025-02-28http://www.companieshouse.gov.uk/pt:ShareCapital2025-02-28http://www.companieshouse.gov.uk/pt:FurnitureFittings2024-02-28http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2025-02-28http://www.companieshouse.gov.uk/pt:ToolsEquipment2024-02-28http://www.companieshouse.gov.uk/pt:FurnitureFittings2025-02-28http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12024-02-292025-02-28http://www.companieshouse.gov.uk/pt:ToolsEquipment2025-02-28http://www.companieshouse.gov.uk/cd:RegisteredOffice2024-02-292025-02-28http://www.companieshouse.gov.uk/cd:OrdinaryShareClass22024-02-292025-02-28http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2024-02-292025-02-28http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2025-02-28http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-02-28http://www.companieshouse.gov.uk/2024-02-292025-02-28http://www.companieshouse.gov.uk/2024-02-28http://www.companieshouse.gov.uk/cd:FRS1022024-02-292025-02-28http://www.companieshouse.gov.uk/2025-02-28http://www.companieshouse.gov.uk/cd:FullAccounts2024-02-292025-02-28http://www.companieshouse.gov.uk/pt:LandBuildings2024-02-28http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2024-02-292025-02-28http://www.companieshouse.gov.uk/pt:LandBuildings2025-02-28iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 5830434
Willpower Group Limited
ACCOUNTS
FOR THE YEAR ENDED 28/02/2025
Prepared By:
Montague Kaye
Registered Auditors & Accountants
82 Reddish Road
Reddish
Stockport
SK5 7QU
Willpower Group Limited
ACCOUNTS
FOR THE YEAR ENDED 28/02/2025
DIRECTORS
Mr W Felix
REGISTERED OFFICE
82 Reddish Road
Reddish
Stockport
Cheshire
SK5 7QU
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 5830434
ACCOUNTANTS
Montague Kaye
Registered Auditors & Accountants
82 Reddish Road
Reddish
Stockport
SK5 7QU
Willpower Group Limited
ACCOUNTS
FOR THEYEARENDED28/02/2025
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-
Willpower Group Limited
BALANCE SHEET AT 28/02/2025
20252024
Notes££
FIXED ASSETS
Tangible assets21,972,4722,017,198
CURRENT ASSETS
Stock3,7505,000
Debtors4547,564348,633
Cash at bank and in hand103,29888,662
654,612442,295
CREDITORS: Amounts falling due within one year51,205,489855,959
NET CURRENT LIABILITIES(550,877)(413,664)
TOTAL ASSETS LESS CURRENT LIABILITIES1,421,5951,603,534
CREDITORS: Amounts falling due after more than one year677,935175,764
PROVISIONS FOR LIABILITIES AND CHARGES8482,174208,211
NET ASSETS861,4861,219,559
CAPITAL AND RESERVES
Called up share capital9100100
Profit and loss account861,3861,219,459
SHAREHOLDERS' FUNDS861,4861,219,559
For the year ending 28/02/2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small 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 directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 02/10/2025 and signed on their behalf by
.............................
Mr W Felix
Director
Willpower Group Limited
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 28/02/2025
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and Machineryreducing balance 15%
Commercial Vehiclesreducing balance 25%
Fixtures and Fittingsreducing balance 15%
Equipmentreducing balance 15%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
1d. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.
Willpower Group Limited
2. TANGIBLE FIXED ASSETS
Land AndPlant andCommercialFixtures
BuildingsMachineryVehiclesand FittingsEquipmentTotal
££££££
Cost
At 29/02/2024863,1681,344,7351,011,221117,62642,7293,379,479
Additions-131,519120,84313,307247265,916
Disposals-(80,000)(173,249)--(253,249)
At 28/02/2025863,1681,396,254958,815130,93342,9763,392,146
Depreciation
At 29/02/2024-712,902610,16223,69115,5261,362,281
Disposals-(69,012)(125,090)--(194,102)
For the year-112,855118,43616,0864,118251,495
At 28/02/2025-756,745603,50839,77719,6441,419,674
Net Book Amounts
At 28/02/2025863,168639,509355,30791,15623,3321,972,472
At 28/02/2024863,168631,833401,05993,93527,2032,017,198
The company bankers hold fixed and floating charges and negative pledges over the land and property owned by the company.
3. STOCK 20252024
££
Stock comprises:
Stock3,7505,000
3,7505,000
4. DEBTORS 20252024
££
Amounts falling due within one year
Trade debtors298,47233,005
Prepayments6,1255,125
Directors current account242,967310,503
547,564348,633
The directos loan account was repaid within 9 months of the year end.
Willpower Group Limited
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20252024
££
UK corporation tax89,54230,232
VAT43,27849,901
PAYE control4,7523,434
Pension control609494
Amounts due to related parties80,16682,166
Loans558,328330,535
Hire purchase creditor150,518167,354
Trade creditors251,713188,343
Accruals3,5003,500
Deferred income23,083-
1,205,489855,959
6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20252024
££
Hire purchase creditor77,935175,764
77,935175,764
7. EMPLOYEES
20252024
No.No.
Average number of employees1717
8. PROVISIONS FOR LIABILITIES 20252024
££
Deferred taxation482,174208,211
482,174208,211
Willpower Group Limited
9. SHARE CAPITAL 20252024
££
Allotted, issued and fully paid:
60 A Ordinary shares of £1 each6060
40 B Ordinary shares of £1 each4040
100100
10. RELATED PARTY TRANSACTIONS
Felix Properties Limited - Mr W Felix is a director and shareholder in this company. At the year end the amount outstanding from the company totalled £80,166 (2024 - £82,166), owing to Felix Properties Ltd to Willpower Group Limited) and is included under note 5 in the notes to the accounts.