Powerhouse Design And Engineering Ltd. - Accounts to registrar (filleted)

REGISTERED NUMBER: 02707576 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Powerhouse Design And Engineering Ltd.

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R M Clark

K W P McEvoy

SECRETARY:

R M Clark

REGISTERED OFFICE:

Unit 6

St Margaret's Business Park

Moor Mead Road

Twickenham

Middlesex

TW1 1JN

REGISTERED NUMBER:

02707576 (England and Wales)

ACCOUNTANTS:

The Hughes Consultancy

1 Golden Court

Richmond

Surrey

TW9 1EU

FIXED ASSETS

Tangible assets

4

12,214

15,391

CURRENT ASSETS

Stocks

51,235

35,741

Debtors

5

253,281

167,378

Cash at bank

250

24,642

304,766

227,761

CREDITORS

Amounts falling due within one year

6

241,669

129,590

NET CURRENT ASSETS

63,097

98,171

TOTAL ASSETS LESS CURRENT
LIABILITIES

75,311

113,562

CREDITORS

Amounts falling due after more than one
year

7

59,970

77,900

NET ASSETS

15,341

35,662

CAPITAL AND RESERVES

Called up share capital

8

50

Capital redemption reserve

9

50

Retained earnings

9

15,241

35,562

SHAREHOLDERS' FUNDS

15,341

35,662

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 Board of Directors and authorised for issue on 17 December 2025 and were signed on its behalf by:

K W P McEvoy - Director

1.	STATUTORY INFORMATION

Powerhouse Design And Engineering Ltd. 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.

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.

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.

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 9 (2024 - 9 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

COST

At 1 April 2024

20,245

20,703

1,800

42,748

Additions

895

-

895

At 31 March 2025

21,140

20,703

1,800

43,643

DEPRECIATION

At 1 April 2024

12,761

13,808

788

27,357

Charge for year

2,095

1,724

253

4,072

At 31 March 2025

14,856

15,532

1,041

31,429

NET BOOK VALUE

At 31 March 2025

6,284

5,171

759

12,214

At 31 March 2024

7,484

6,895

1,012

15,391

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

210,096

112,430

Other debtors (Retention)

6,986

27,380

VAT

15,476

3,962

Prepayments

20,723

23,606

253,281

167,378

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Bank loans and overdrafts

27,791

-

Trade creditors

155,526

88,837

Tax

16,099

24,766

Social security and other taxes

20,621

13,612

Bluestone Credit

19,257

-

Accrued expenses

2,375

241,669

129,590

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

2025

2024

£

Finance leases

15,803

5,400

Bounce back Loan

23,333

43,333

NW RLS Loan

20,834

29,167

59,970

77,900

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

50

Ordinary

1

50

9.

RESERVES

Capital

Retained

redemption

earnings

reserve

Totals

£

At 1 April 2024

35,562

50

35,612

Profit for the year

35,679

Dividends

(56,000

)

(56,000

)

At 31 March 2025

15,241

50

15,291

10.	RELATED PARTY

The directors and shareholders of Powerhouse Design and Engineering Limited are also directors and shareholders in Napier Design and Engineering Limited. R Clark and K McEvoy both own 25 shares each in Powerhouse Design and Engineering Limited and also 25 shares each in Napier Design and Engineering Limited.

During the year Powerhouse Design and Engineering Limited invoiced Napier Design and Engineering Limited £0 (2024 £14,220) for goods and services and Napier Design and Engineering Limited invoiced Powerhouse Design and Engineering Limited £18,130 (2024 £18,320) for plant hire, goods and services. These were on normal commercial terms. At the Balance sheet date Napier Design and Engineering Limited owed Powerhouse Design and Engineering Limited £0 (2024 £0).