REGISTERED NUMBER: 03083604 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

M POWER LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

M V Santhiapillai

SECRETARY:

Ms P I C Perera

REGISTERED OFFICE:

Third Floor

17 London Road

Bromley

BR1 1DE

REGISTERED NUMBER:

03083604 (England and Wales)

AUDITORS:

Edwards Chartered Accountants

Statutory Auditor

409-411 Croydon Road

Beckenham

Kent

BR3 3PP

FIXED ASSETS

Tangible assets

4

3,731,111

3,815,183

CURRENT ASSETS

Debtors

5

170,162

284,347

Cash at bank and in hand

375,605

304,431

545,767

588,778

CREDITORS

Amounts falling due within one year

6

434,470

814,579

NET CURRENT ASSETS/(LIABILITIES)

111,297

(225,801

)

TOTAL ASSETS LESS CURRENT LIABILITIES

3,842,408

3,589,382

PROVISIONS FOR LIABILITIES

2,307

3,795

NET ASSETS

3,840,101

3,585,587

CAPITAL AND RESERVES

Called up share capital

609

609

Revaluation reserve

7

1,752,953

1,752,953

Capital redemption reserve

391

391

Retained earnings

2,086,148

1,831,634

3,840,101

3,585,587

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 director and authorised for issue on 18 September 2025 and were signed by:

M V Santhiapillai - Director

1.	STATUTORY INFORMATION

M Power 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.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover

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

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property

-

2% on cost

Fixtures and fittings

-

25% on cost

Computer equipment

-

25% on cost

Taxation

Taxation for the year 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 47 (2024 - 49 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

and

Computer

property

fittings

equipment

Totals

£

£

£

£

COST OR VALUATION

At 1 April 2024

3,906,093

156,284

1,072

4,063,449

Additions

-

901

-

901

At 31 March 2025

3,906,093

157,185

1,072

4,064,350

DEPRECIATION

At 1 April 2024

106,093

141,148

1,025

248,266

Charge for year

78,118

6,815

40

84,973

At 31 March 2025

184,211

147,963

1,065

333,239

NET BOOK VALUE

At 31 March 2025

3,721,882

9,222

7

3,731,111

At 31 March 2024

3,800,000

15,136

47

3,815,183

Cost or valuation at 31 March 2025 is represented by:

Fixtures

Freehold

and

Computer

property

fittings

equipment

Totals

£

£

£

£

Valuation in 2024

1,752,953

-

-

1,752,953

Cost

2,153,140

157,185

1,072

2,311,397

3,906,093

157,185

1,072

4,064,350

If freehold land and buildings had not been revalued they would have been included at the following historical cost:

2025

2024

£

£

Cost

2,153,140

2,153,140

Aggregate depreciation

(149,152

)

(106,093

)

Freehold land and buildings were valued on an open market basis on 31 March 2024 by the director .

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

168,098

276,576

Other debtors

2,064

7,771

170,162

284,347

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

6,673

2,600

Amounts owed to group undertakings

283,732

586,737

Taxation and social security

51,384

143,591

Other creditors

92,681

81,651

434,470

814,579

7.

RESERVES

Revaluation

reserve

£

At 1 April 2024

and 31 March 2025

1,752,953

8.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

John Duggan (Senior Statutory Auditor)

for and on behalf of Edwards Chartered Accountants

9.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is M V Santhiapillai.