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Company Registration No. 12819798 (England and Wales)
Power Max Global Engineering Limited Unaudited accounts for the year ended 31 August 2025
Power Max Global Engineering Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Power Max Global Engineering Limited Company Information for the year ended 31 August 2025
Director
Ying Chung Wong
Company Number
12819798 (England and Wales)
Registered Office
90 Northall Road Bexleyheath DA7 6JE England
Accountants
Anthony Daniel Associates Ltd 10 Julian Place London E14 3AT
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Power Max Global Engineering Limited Statement of financial position as at 31 August 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
710
946
Current assets
Debtors
5
100
-
Cash at bank and in hand
15,546
30,487
15,646
30,487
Creditors: amounts falling due within one year
6
(1,923)
(9,019)
Net current assets
13,723
21,468
Net assets
14,433
22,414
Capital and reserves
Called up share capital
100
100
Profit and loss account
14,333
22,314
Shareholders' funds
14,433
22,414
For the year ending 31 August 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 6 June 2026 and were signed on its behalf by
Ying Chung Wong Director Company Registration No. 12819798
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Power Max Global Engineering Limited Notes to the Accounts for the year ended 31 August 2025
1
Statutory information
Power Max Global Engineering Limited is a private company, limited by shares, registered in England and Wales, registration number 12819798. The registered office is 90 Northall Road, Bexleyheath, DA7 6JE, England.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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 and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
over 5 years
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Pension costs
Contributions to defined contribution plans are expensed in the period to which they relate.
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Power Max Global Engineering Limited Notes to the Accounts for the year ended 31 August 2025
4
Tangible fixed assets
Fixtures & fittings
£
Cost or valuation
At cost
At 1 September 2024
1,182
At 31 August 2025
1,182
Depreciation
At 1 September 2024
236
Charge for the year
236
At 31 August 2025
472
Net book value
At 31 August 2025
710
At 31 August 2024
946
5
Debtors
2025
2024
£
£
Amounts falling due after more than one year
Other debtors
100
-
6
Creditors: amounts falling due within one year
2025
2024
£
£
Taxes and social security
56
3,525
Other creditors
1,457
5,494
Accruals
410
-
1,923
9,019
7
Controlling party
The company is under the control of the director, Mr Y C Wong, by virtue of his shareholdings in the company.
8
Average number of employees
During the year the average number of employees was 3 (2024: 3).
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