| |
|
2026 |
|
2025 |
| |
|
£ |
£ |
|
£ |
£ |
| Called up share capital not paid |
|
|
1 |
|
|
1 |
| Creditors: amount falling due within one year |
|
(3,139) |
|
|
(742) |
|
|
Net current assets
|
|
|
(3,139)
|
|
|
(742)
|
|
Total assets less current liabilities
|
|
|
(3,138) |
|
|
(741) |
|
Net assets
|
|
|
(3,138) |
|
|
(741) |
| |
|
|
|
|
|
|
|
Capital and reserves
|
|
|
(3,138) |
|
|
(741) |
| |
NOTES TO THE ACCOUNTS
General Information
POWER GROWTH LTD is a private company, limited by shares, registered in England and Wales, registration number 15512542, registration address INTERNATIONAL HOUSE, THE MCLAREN BUILDING, 46 THE PRIORY QUEENSWAY , BIRMINGHAM, B4 7LR.
The presentation currency is £ sterling.
| 1. |
Accounting policies
Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 105 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention.
The financial statements are prepared in sterling which is the functional currency of the company.
Going concern basis
At the balance sheet date the company had net current liabilities. The company is dependent on the support of its director, who has confirmed he will continue to provide such support. Therefore, the director feels it appropriate to prepare the financial statements on the going concern basis.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
|
| 2. |
Average number of employees
Average number of employees during the year was 0 (2025 : 0).
|
For the year ended 28 February 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's Responsibilities:
The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the micro-entity provisions and FRS 105, the Financial Reporting Standard applicable to the micro-entities regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The income statement has not been delivered to the Registrar of Companies.
The financial statements were approved by the director on 01 May 2026 and were signed by: --------------------------------
Muhammad YOUNUS
Director |
2
|