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Company Registration No. 14383458 (England and Wales)
Power Gear Transmissions Limited Unaudited accounts for the year ended 30 September 2025
Power Gear Transmissions Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Power Gear Transmissions Limited Company Information for the year ended 30 September 2025
Director
KACINSKIS, Vaidas
Company Number
14383458 (England and Wales)
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Power Gear Transmissions Limited Statement of financial position as at 30 September 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
17,226
10,006
Current assets
Debtors
5
30,786
19,459
Cash at bank and in hand
16,277
-
47,063
19,459
Creditors: amounts falling due within one year
6
(56,691)
(23,944)
Net current liabilities
(9,628)
(4,485)
Net assets
7,598
5,521
Capital and reserves
Called up share capital
100
100
Profit and loss account
7,498
5,421
Shareholders' funds
7,598
5,521
For the year ending 30 September 2025 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 11 November 2025 and were signed on its behalf by
KACINSKIS, Vaidas Director Company Registration No. 14383458
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Power Gear Transmissions Limited Notes to the Accounts for the year ended 30 September 2025
1
Statutory information
Power Gear Transmissions Limited is a private company, limited by shares, registered in England and Wales, registration number 14383458.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
10006
4
Tangible fixed assets
Plant & machinery
£
Cost or valuation
At cost
At 1 October 2024
11,118
Additions
11,179
At 30 September 2025
22,297
Depreciation
At 1 October 2024
1,112
Charge for the year
3,959
At 30 September 2025
5,071
Net book value
At 30 September 2025
17,226
At 30 September 2024
10,006
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Power Gear Transmissions Limited Notes to the Accounts for the year ended 30 September 2025
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
15,346
11,459
Other debtors
7,440
-
22,786
11,459
Amounts falling due after more than one year
Accrued income and prepayments
8,000
8,000
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
-
1,829
VAT
21,631
14,443
Trade creditors
18,275
2,823
Taxes and social security
16,785
4,849
56,691
23,944
7
Average number of employees
During the year the average number of employees was 3 (2024: 2).
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