2024-04-01 2025-03-31 2025-03-31 false 06849960 POWERBET LIMITED 2025-10-22 92000 false iso4217:GBP xbrli:pure 06849960 2024-03-31 06849960 2025-03-31 06849960 2024-04-01 2025-03-31 06849960 2023-03-31 06849960 2024-03-31 06849960 2023-04-01 2024-03-31 06849960 bus:SmallEntities 2024-04-01 2025-03-31 06849960 bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 06849960 bus:FullAccounts 2024-04-01 2025-03-31 06849960 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 06849960 core:WithinOneYear 2025-03-31 06849960 core:AfterOneYear 2025-03-31 06849960 core:WithinOneYear 2024-03-31 06849960 core:AfterOneYear 2024-03-31 06849960 core:ShareCapital 2025-03-31 06849960 core:SharePremium 2025-03-31 06849960 core:RevaluationReserve 2025-03-31 06849960 core:OtherReservesSubtotal 2025-03-31 06849960 core:RetainedEarningsAccumulatedLosses 2025-03-31 06849960 core:ShareCapital 2024-03-31 06849960 core:SharePremium 2024-03-31 06849960 core:RevaluationReserve 2024-03-31 06849960 core:OtherReservesSubtotal 2024-03-31 06849960 core:RetainedEarningsAccumulatedLosses 2024-03-31 06849960 core:LandBuildings 2025-03-31 06849960 core:PlantMachinery 2025-03-31 06849960 core:Vehicles 2025-03-31 06849960 core:FurnitureFittings 2025-03-31 06849960 core:OfficeEquipment 2025-03-31 06849960 core:NetGoodwill 2025-03-31 06849960 core:IntangibleAssetsOtherThanGoodwill 2025-03-31 06849960 core:ListedExchangeTraded 2025-03-31 06849960 core:UnlistedNon-exchangeTraded 2025-03-31 06849960 core:LandBuildings 2024-03-31 06849960 core:PlantMachinery 2024-03-31 06849960 core:Vehicles 2024-03-31 06849960 core:FurnitureFittings 2024-03-31 06849960 core:OfficeEquipment 2024-03-31 06849960 core:NetGoodwill 2024-03-31 06849960 core:IntangibleAssetsOtherThanGoodwill 2024-03-31 06849960 core:ListedExchangeTraded 2024-03-31 06849960 core:UnlistedNon-exchangeTraded 2024-03-31 06849960 core:LandBuildings 2024-04-01 2025-03-31 06849960 core:PlantMachinery 2024-04-01 2025-03-31 06849960 core:Vehicles 2024-04-01 2025-03-31 06849960 core:FurnitureFittings 2024-04-01 2025-03-31 06849960 core:OfficeEquipment 2024-04-01 2025-03-31 06849960 core:NetGoodwill 2024-04-01 2025-03-31 06849960 core:IntangibleAssetsOtherThanGoodwill 2024-04-01 2025-03-31 06849960 core:ListedExchangeTraded 2024-04-01 2025-03-31 06849960 core:UnlistedNon-exchangeTraded 2024-04-01 2025-03-31 06849960 core:MoreThanFiveYears 2024-04-01 2025-03-31 06849960 core:Non-currentFinancialInstruments 2025-03-31 06849960 core:Non-currentFinancialInstruments 2024-03-31 06849960 dpl:CostSales 2024-04-01 2025-03-31 06849960 dpl:DistributionCosts 2024-04-01 2025-03-31 06849960 core:LandBuildings 2024-04-01 2025-03-31 06849960 core:PlantMachinery 2024-04-01 2025-03-31 06849960 core:Vehicles 2024-04-01 2025-03-31 06849960 core:FurnitureFittings 2024-04-01 2025-03-31 06849960 core:OfficeEquipment 2024-04-01 2025-03-31 06849960 dpl:AdministrativeExpenses 2024-04-01 2025-03-31 06849960 core:NetGoodwill 2024-04-01 2025-03-31 06849960 core:IntangibleAssetsOtherThanGoodwill 2024-04-01 2025-03-31 06849960 dpl:GroupUndertakings 2024-04-01 2025-03-31 06849960 dpl:ParticipatingInterests 2024-04-01 2025-03-31 06849960 dpl:GroupUndertakings core:ListedExchangeTraded 2024-04-01 2025-03-31 06849960 core:ListedExchangeTraded 2024-04-01 2025-03-31 06849960 dpl:GroupUndertakings core:UnlistedNon-exchangeTraded 2024-04-01 2025-03-31 06849960 core:UnlistedNon-exchangeTraded 2024-04-01 2025-03-31 06849960 dpl:CostSales 2023-04-01 2024-03-31 06849960 dpl:DistributionCosts 2023-04-01 2024-03-31 06849960 core:LandBuildings 2023-04-01 2024-03-31 06849960 core:PlantMachinery 2023-04-01 2024-03-31 06849960 core:Vehicles 2023-04-01 2024-03-31 06849960 core:FurnitureFittings 2023-04-01 2024-03-31 06849960 core:OfficeEquipment 2023-04-01 2024-03-31 06849960 dpl:AdministrativeExpenses 2023-04-01 2024-03-31 06849960 core:NetGoodwill 2023-04-01 2024-03-31 06849960 core:IntangibleAssetsOtherThanGoodwill 2023-04-01 2024-03-31 06849960 dpl:GroupUndertakings 2023-04-01 2024-03-31 06849960 dpl:ParticipatingInterests 2023-04-01 2024-03-31 06849960 dpl:GroupUndertakings core:ListedExchangeTraded 2023-04-01 2024-03-31 06849960 core:ListedExchangeTraded 2023-04-01 2024-03-31 06849960 dpl:GroupUndertakings core:UnlistedNon-exchangeTraded 2023-04-01 2024-03-31 06849960 core:UnlistedNon-exchangeTraded 2023-04-01 2024-03-31 06849960 core:NetGoodwill 2025-03-31 06849960 core:IntangibleAssetsOtherThanGoodwill 2025-03-31 06849960 core:LandBuildings 2025-03-31 06849960 core:PlantMachinery 2025-03-31 06849960 core:Vehicles 2025-03-31 06849960 core:FurnitureFittings 2025-03-31 06849960 core:OfficeEquipment 2025-03-31 06849960 core:AfterOneYear 2025-03-31 06849960 core:WithinOneYear 2025-03-31 06849960 core:ListedExchangeTraded 2025-03-31 06849960 core:UnlistedNon-exchangeTraded 2025-03-31 06849960 core:ShareCapital 2025-03-31 06849960 core:SharePremium 2025-03-31 06849960 core:RevaluationReserve 2025-03-31 06849960 core:OtherReservesSubtotal 2025-03-31 06849960 core:RetainedEarningsAccumulatedLosses 2025-03-31 06849960 core:NetGoodwill 2024-03-31 06849960 core:IntangibleAssetsOtherThanGoodwill 2024-03-31 06849960 core:LandBuildings 2024-03-31 06849960 core:PlantMachinery 2024-03-31 06849960 core:Vehicles 2024-03-31 06849960 core:FurnitureFittings 2024-03-31 06849960 core:OfficeEquipment 2024-03-31 06849960 core:AfterOneYear 2024-03-31 06849960 core:WithinOneYear 2024-03-31 06849960 core:ListedExchangeTraded 2024-03-31 06849960 core:UnlistedNon-exchangeTraded 2024-03-31 06849960 core:ShareCapital 2024-03-31 06849960 core:SharePremium 2024-03-31 06849960 core:RevaluationReserve 2024-03-31 06849960 core:OtherReservesSubtotal 2024-03-31 06849960 core:RetainedEarningsAccumulatedLosses 2024-03-31 06849960 core:NetGoodwill 2023-03-31 06849960 core:IntangibleAssetsOtherThanGoodwill 2023-03-31 06849960 core:LandBuildings 2023-03-31 06849960 core:PlantMachinery 2023-03-31 06849960 core:Vehicles 2023-03-31 06849960 core:FurnitureFittings 2023-03-31 06849960 core:OfficeEquipment 2023-03-31 06849960 core:AfterOneYear 2023-03-31 06849960 core:WithinOneYear 2023-03-31 06849960 core:ListedExchangeTraded 2023-03-31 06849960 core:UnlistedNon-exchangeTraded 2023-03-31 06849960 core:ShareCapital 2023-03-31 06849960 core:SharePremium 2023-03-31 06849960 core:RevaluationReserve 2023-03-31 06849960 core:OtherReservesSubtotal 2023-03-31 06849960 core:RetainedEarningsAccumulatedLosses 2023-03-31 06849960 core:AfterOneYear 2024-04-01 2025-03-31 06849960 core:WithinOneYear 2024-04-01 2025-03-31 06849960 core:Non-currentFinancialInstruments core:CostValuation 2024-04-01 2025-03-31 06849960 core:Non-currentFinancialInstruments core:AdditionsToInvestments 2024-04-01 2025-03-31 06849960 core:Non-currentFinancialInstruments core:RevaluationsIncreaseDecreaseInInvestments 2024-04-01 2025-03-31 06849960 core:Non-currentFinancialInstruments core:DisposalsDecreaseInInvestments 2024-04-01 2025-03-31 06849960 core:Non-currentFinancialInstruments core:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments 2024-04-01 2025-03-31 06849960 core:Non-currentFinancialInstruments core:ImpairmentLossReversalProvisionsForImpairmentInvestments 2024-04-01 2025-03-31 06849960 core:Non-currentFinancialInstruments core:AcquisitionsIncreaseInProvisionsForImpairmentInvestments 2024-04-01 2025-03-31 06849960 core:Non-currentFinancialInstruments core:DisposalsDecreaseInProvisionsForImpairmentInvestments 2024-04-01 2025-03-31 06849960 core:Non-currentFinancialInstruments core:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments 2024-04-01 2025-03-31 06849960 core:Non-currentFinancialInstruments core:CostValuation 2025-03-31 06849960 core:Non-currentFinancialInstruments core:AdditionsToInvestments 2025-03-31 06849960 core:Non-currentFinancialInstruments core:RevaluationsIncreaseDecreaseInInvestments 2025-03-31 06849960 core:Non-currentFinancialInstruments core:DisposalsDecreaseInInvestments 2025-03-31 06849960 core:Non-currentFinancialInstruments core:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments 2025-03-31 06849960 core:Non-currentFinancialInstruments core:ImpairmentLossReversalProvisionsForImpairmentInvestments 2025-03-31 06849960 core:Non-currentFinancialInstruments core:AcquisitionsIncreaseInProvisionsForImpairmentInvestments 2025-03-31 06849960 core:Non-currentFinancialInstruments core:DisposalsDecreaseInProvisionsForImpairmentInvestments 2025-03-31 06849960 core:Non-currentFinancialInstruments core:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments 2025-03-31 06849960 core:Non-currentFinancialInstruments core:CostValuation 2024-03-31 06849960 core:Non-currentFinancialInstruments core:AdditionsToInvestments 2024-03-31 06849960 core:Non-currentFinancialInstruments core:RevaluationsIncreaseDecreaseInInvestments 2024-03-31 06849960 core:Non-currentFinancialInstruments core:DisposalsDecreaseInInvestments 2024-03-31 06849960 core:Non-currentFinancialInstruments core:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments 2024-03-31 06849960 core:Non-currentFinancialInstruments core:ImpairmentLossReversalProvisionsForImpairmentInvestments 2024-03-31 06849960 core:Non-currentFinancialInstruments core:AcquisitionsIncreaseInProvisionsForImpairmentInvestments 2024-03-31 06849960 core:Non-currentFinancialInstruments core:DisposalsDecreaseInProvisionsForImpairmentInvestments 2024-03-31 06849960 core:Non-currentFinancialInstruments core:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments 2024-03-31 06849960 bus:Director1 2024-04-01 2025-03-31 06849960 bus:Director2 2024-04-01 2025-03-31 06849960 core:RevaluationReserve 2024-04-01 2025-03-31

POWERBET LIMITED

Registered Number
06849960
(England and Wales)

Unaudited Financial Statements for the Year ended
31 March 2025

POWERBET LIMITED
Company Information
for the year from 1 April 2024 to 31 March 2025

Directors | HALHEAD, Keith
| POWER, Martin David

Registered Address | First Floor East Bridge Mills
| Stramongate
| Kendal
| LA9 4UB

Registered Number | 06849960 (England and Wales)

POWERBET LIMITED
Statement of Financial Position
31 March 2025

| Notes | 2025 |  | 2024
--- | --- | --- | --- | ---
|  | £ |  | £ |  | £ |  | £
Fixed assets |  |  |  |  |  |  |  |
Intangible assets | 3 |  |  | 57,160 |  |  |  | 2,708
Tangible assets | 4 |  |  | 88 |  |  |  | 299
|  |  |  | 57,248 |  |  |  | 3,007
Current assets |  |  |  |  |  |  |  |
Debtors | 5 | 7,866 |  |  |  | 7,866 |  |
Cash at bank and on hand |  | 1,506 |  |  |  | 1,634 |  |
|  | 9,372 |  |  |  | 9,500 |  |
Creditors amounts falling due within one year | 6 | (162,491) |  |  |  | (133,233) |  |
Net current assets (liabilities) |  |  |  | (153,119) |  |  |  | (123,733)
Total assets less current liabilities |  |  |  | (95,871) |  |  |  | (120,726)
Net assets |  |  |  | (95,871) |  |  |  | (120,726)
Capital and reserves |  |  |  |  |  |  |  |
Called up share capital |  |  |  | 2 |  |  |  | 2
Revaluation reserve |  |  |  | 55,206 |  |  |  | -
Profit and loss account |  |  |  | (151,079) |  |  |  | (120,728)
Shareholders' funds | 7 |  |  | (95,871) |  |  |  | (120,726)

- The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
- The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 22 October 2025, and are signed on its behalf by:
HALHEAD, Keith Director
POWER, Martin David Director Registered Company No. 06849960

POWERBET LIMITED
Notes to the Financial Statements
for the year ended 31 March 2025

1. | Accounting policies
--- | ---

| Statutory information
--- | ---
| The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

| Basis of preparation
--- | ---
| The financial statements have been prepared under the historical cost convention on a going concern basis unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

| Functional and presentation currency
--- | ---
| The financial statements are presented in sterling and this is the functional currency of the company.

| Turnover policy
--- | ---
| Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and/or the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

| Current taxation
--- | ---
| Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

| Intangible assets
--- | ---
| Intangible assets are stated at cost less accumulated amortisation and accumulated impairment losses. The assets are reviewed for impairment if the above factors indicate that the carrying amount may be impaired. Amortisation is included in 'administrative expenses' in the profit and loss account.

| Tangible fixed assets and depreciation
--- | ---
| Tangible fixed assets are stated at cost or valuation less depreciation. The assets residual values, useful lives and depreciation methods are reviewed and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date. Gains and losses on disposal are determined by comparing the proceeds with the carrying amount and are recognised in the Income Statement Depreciation is provided on all tangible fixed assets as follows:

|  | Straight line (years)
| Office Equipment | 15

| Trade and other debtors
--- | ---
| Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

| Trade and other creditors
--- | ---
| Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

| Financial instruments
--- | ---
| The company enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

2. | Average number of employees
--- | ---

|  | 2025 |  | 2024
| Average number of employees during the year | 2 |  | 2

3. | Intangible assets
--- | ---

|  | Other |  | Total
--- | --- | --- | --- | ---
|  | £ |  | £
| Cost or valuation
| At 01 April 24 | 82,337 |  | 82,337
| Revaluations | 55,206 |  | 55,206
| At 31 March 25 | 137,543 |  | 137,543
| Amortisation and impairment
| At 01 April 24 | 79,629 |  | 79,629
| Charge for year | 754 |  | 754
| At 31 March 25 | 80,383 |  | 80,383
| Net book value
| At 31 March 25 | 57,160 |  | 57,160
| At 31 March 24 | 2,708 |  | 2,708

4. | Tangible fixed assets
--- | ---

|  | Office Equipment |  | Total
--- | --- | --- | --- | ---
|  | £ |  | £
| Cost or valuation
| At 01 April 24 | 13,115 |  | 13,115
| At 31 March 25 | 13,115 |  | 13,115
| Depreciation and impairment
| At 01 April 24 | 12,816 |  | 12,816
| Charge for year | 211 |  | 211
| At 31 March 25 | 13,027 |  | 13,027
| Net book value
| At 31 March 25 | 88 |  | 88
| At 31 March 24 | 299 |  | 299

5. | Debtors: amounts due within one year
--- | ---

|  | 2025 |  | 2024
--- | --- | --- | --- | ---
|  | £ |  | £
| Amounts owed by associates and joint ventures / participating interests | 7,866 |  | 7,866
| Total | 7,866 |  | 7,866

6. | Creditors: amounts due within one year
--- | ---

|  | 2025 |  | 2024
--- | --- | --- | --- | ---
|  | £ |  | £
| Amounts owed to related parties | 159,942 |  | 131,436
| Accrued liabilities and deferred income | 2,549 |  | 1,797
| Total | 162,491 |  | 133,233

7. | Revaluation reserve
--- | ---
| Revaluation of pitches based on auction gross values as at 31 March 2025.

|  | £
| Revaluations of other assets | 55,206
| At 31 March 25 | 55,206