REGISTERED NUMBER: 08102780 (England and Wales)

POWELL PADILLA HOLDINGS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page

Company Information

1

Chartered Accountants' Report

2

Balance Sheet

3

Notes to the Financial Statements

5

DIRECTOR:

Mr. R. Powell

REGISTERED OFFICE:

Unit 11 Wedgbury Way

Canal Side Industrial Estate

Brettle Lane

Brierley Hill

West Midlands

DY5 3JU

REGISTERED NUMBER:

08102780 (England and Wales)

ACCOUNTANTS:

Folkes Worton LLP

15-17 Church Street

Stourbridge

West Midlands

DY8 1LU

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Powell Padilla Holdings Limited for the year ended 31 March 2025 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Powell Padilla Holdings Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Powell Padilla Holdings Limited and state those matters that we have agreed to state to the director of Powell Padilla Holdings Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Powell Padilla Holdings Limited and its director for our work or for this report.

It is your duty to ensure that Powell Padilla Holdings Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Powell Padilla Holdings Limited. You consider that Powell Padilla Holdings Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Powell Padilla Holdings Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Folkes Worton LLP

15-17 Church Street

Stourbridge

West Midlands

DY8 1LU

21 December 2025

FIXED ASSETS

Tangible assets

4

985

1,239

Investments

5

102

52

1,087

1,291

CURRENT ASSETS

Debtors

6

7,665

28,451

Investments

7

285,042

3,632

Cash at bank

6,214

-

298,921

32,083

CREDITORS

Amounts falling due within one year

8

40,932

42,690

NET CURRENT ASSETS/(LIABILITIES)

257,989

(10,607

)

TOTAL ASSETS LESS CURRENT LIABILITIES

259,076

(9,316

)

CREDITORS

Amounts falling due after more than one year

9

6,917

8,402

NET ASSETS/(LIABILITIES)

252,159

(17,718

)

CAPITAL AND RESERVES

Called up share capital

101

101

Retained earnings

252,058

(17,819

)

SHAREHOLDERS' FUNDS

252,159

(17,718

)

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 director acknowledges his 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 director and authorised for issue on 21 December 2025 and were signed by:

Mr. R. Powell - Director

1.	STATUTORY INFORMATION

Powell Padilla Holdings 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.

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 represents net sales of goods/services, excluding value added tax

Tangible fixed assets

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

Computer equipment

-

20% on reducing balance

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at 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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 April 2024

and 31 March 2025

1,006

13,285

14,291

DEPRECIATION

At 1 April 2024

907

12,145

13,052

Charge for year

26

228

254

At 31 March 2025

933

12,373

13,306

NET BOOK VALUE

At 31 March 2025

73

912

985

At 31 March 2024

99

1,140

1,239

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 April 2024

52

Additions

50

At 31 March 2025

102

NET BOOK VALUE

At 31 March 2025

102

At 31 March 2024

52

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed by group undertakings

-

20,983

Other debtors

7,665

7,468

7,665

28,451

7.	CURRENT ASSET INVESTMENTS

2025

2024

£

£

Unlisted investments

285,042

3,632

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

1,732

4,235

Amounts owed to group undertakings

2,374

-

Taxation and social security

4,084

2,782

Other creditors

32,742

35,673

40,932

42,690

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

6,917

8,402

10.	ULTIMATE CONTROLLING PARTY

The control of the company is exercised by Mr. R. Powell by virtue of his shareholdings.