POWER MARKETING (UK) LIMITED - Filleted accounts

Registered number

05799318

POWER MARKETING (UK) LIMITED

Filleted Accounts

30 April 2025

POWER MARKETING (UK) LIMITED
Registered number:		05799318
Balance Sheet
as at 30 April 2025

Notes			2025			2024
£				£
Current assets
Debtors	5	22,625			28,938
Cash at bank and in hand		3,024			2,452
		25,649			31,390

Creditors: amounts falling due within one year	6	(25,449)			(31,190)

Net current assets			200			200

Net assets			200			200

Capital and reserves
Called up share capital			200			200

Shareholders' funds			200			200

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Craig Bousfield
Director
Approved by the board on 12 December 2025

POWER MARKETING (UK) LIMITED
Notes to the Accounts
for the year ended 30 April 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	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 from 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.

	Intangible fixed assets
	Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery			20% straight line
	Computers			33% straight line

	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.

	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.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					1		1


3	Intangible fixed assets							£
	Goodwill:

	Cost
	At 1 May 2024							10,000
	At 30 April 2025							10,000

	Amortisation
	At 1 May 2024							10,000
	At 30 April 2025							10,000

	Net book value
	At 30 April 2025							-

	Goodwill is being written off in equal annual instalments over its estimated economic life of 5 years.


4	Tangible fixed assets
								Plant and machinery etc
£
	Cost
	At 1 May 2024							5,177
	At 30 April 2025							5,177

	Depreciation
	At 1 May 2024							5,177
	At 30 April 2025							5,177

	Net book value
	At 30 April 2025							-


5	Debtors					2025		2024
£							£

	Other debtors					22,625		28,938


6	Creditors: amounts falling due within one year					2025		2024
£							£

	Bank loans and overdrafts					4,206		10,213
	Taxation and social security costs					21,063		20,737
	Other creditors					180		240
						25,449		31,190


7	Loans to directors
	Description and conditions	B/fwd	Paid		Repaid		C/fwd
£			£		£		£

	Craig Bousfield	21,278				4,824		16,454

		21,278		-		4,824		16,454


8	Controlling party

	The controlling parties are Craig Bousfield and Julia Bousfield who each own 100 of the 200 shares issued.


9	Other information

	POWER MARKETING (UK) LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
	Unit 2b Catherington Business Park
	217 Catherington Lane
	Waterlooville
	Hants
	PO8 0AQ