Powdat Enamellers Limited - Filleted accounts

Registered number

01174701

Powdat Enamellers Limited

Filleted Accounts

31 March 2026

Powdat Enamellers Limited
Registered number:		01174701
Balance Sheet
as at 31 March 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	3		98,074			74,360
Investments	4		906,749			626,428
			1,004,823			700,788

Current assets
Stocks		66,094			90,390
Debtors	5	151,241			131,373
Investments held as current assets	6	473,258			429,449
Cash at bank and in hand		374,885			367,486
		1,065,478			1,018,698

Creditors: amounts falling due within one year	7	(213,844)			(199,807)

Net current assets			851,634			818,891

Total assets less current liabilities			1,856,457			1,519,679

Creditors: amounts falling due after more than one year	8		(88,620)			(88,620)

Provisions for liabilities			(24,518)			(18,590)


Net assets			1,743,319			1,412,469

Capital and reserves
Called up share capital			200,000			200,000
Profit and loss account			1,543,319			1,212,469

Shareholders' funds			1,743,319			1,412,469

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




C G Mather
Director
Approved by the board on 8 June 2026

Powdat Enamellers Limited
Notes to the Accounts
for the year ended 31 March 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Computer equipment			33% reducing balance
	Plant and machinery			25% reducing balance
	Motor vehicles			25% reducing balance

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees					2026		2025
Number							Number

	Average number of persons employed by the company					7		7


3	Tangible fixed assets
		Computer equipment		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 April 2025	25,543		661,808		123,626		810,977
	Additions	-		49,431		-		49,431
	At 31 March 2026	25,543		711,239		123,626		860,408

	Depreciation
	At 1 April 2025	23,735		607,500		105,382		736,617
	Charge for the year	120		21,036		4,561		25,717
	At 31 March 2026	23,855		628,536		109,943		762,334

	Net book value
	At 31 March 2026	1,688		82,703		13,683		98,074
	At 31 March 2025	1,808		54,308		18,244		74,360


4	Investments

Other
investments
£
	Cost
	At 1 April 2025							626,428
	Revaluation							290,003
	Disposals							(9,682)

	At 31 March 2026							906,749


5	Debtors					2026		2025
£							£

	Trade debtors					114,504		96,558
	Other debtors					36,737		34,815
						151,241		131,373


6	Investments held as current assets					2026		2025
£							£
	Fair value
	Unlisted investments					473,258		429,449

	Increase/(decrease) in fair value included in the profit and loss account for the financial year
	Listed investments					287,796		20,925



7	Creditors: amounts falling due within one year					2026		2025
£							£

	Trade creditors					51,611		27,839
	Director's loan					53,962		54,003
	Taxation and social security costs					22,349		35,550
	Other creditors					85,922		82,415
						213,844		199,807


8	Creditors: amounts falling due after one year					2026		2025
£							£

	Other creditors					88,620		88,620


9	Controlling party

	The company's controlling party was the director and majority shareholder, Mr C G Mather.


10	Other information

	Powdat Enamellers Limited is a private company limited by shares and incorporated in England. Its registered office is:
	20-26 Sanders Road
	Finedon Road Industrial Estate
	Wellingborough
	Northamptonshire
	NN8 4NL