Company Registration No. 10779761 (England and Wales)
POWER TEAM G&I LIMITED
Unaudited accounts
for the year ended 31 March 2025
POWER TEAM G&I LIMITED
Unaudited accounts
Contents
POWER TEAM G&I LIMITED
Company Information
for the year ended 31 March 2025
Director
Gospodin Petrov Enchev
Company Number
10779761 (England and Wales)
Registered Office
286a Merton Road
London
SW18 5JN
POWER TEAM G&I LIMITED
Statement of financial position
as at 31 March 2025
Cash at bank and in hand
23,661
39,918
Creditors: amounts falling due within one year
(5,240)
(6,446)
Net current assets
32,150
39,750
Total assets less current liabilities
32,150
39,750
Creditors: amounts falling due after more than one year
(11,207)
(22,297)
Called up share capital
1
1
Profit and loss account
20,942
17,452
Shareholders' funds
20,943
17,453
For the year ending 31 March 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 23 December 2025 and were signed on its behalf by
Gospodin Petrov Enchev
Director
Company Registration No. 10779761
POWER TEAM G&I LIMITED
Notes to the Accounts
for the year ended 31 March 2025
POWER TEAM G&I LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10779761. The registered office is 286a Merton Road, London, SW18 5JN.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Amounts falling due after more than one year
Other debtors
13,729
6,278
5
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
-
52
Taxes and social security
2,113
1,469
Loans from directors
3,127
4,925
6
Creditors: amounts falling due after more than one year
2025
2024
Taxes and social security
496
-
7
Average number of employees
During the year the average number of employees was 2 (2024: 3).