Registration number: 11131738

Portcullis Power Solutions Limited

Contents

Balance Sheet	1 to 2
Notes to the Unaudited Financial Statements	3 to 6

Portcullis Power Solutions Limited

(Registration number: 11131738)
Balance Sheet as at 31 January 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	125,647	155,745
Current assets
Stocks	5	26,834	6,000
Debtors	6	33,191	41,635
Cash at bank and in hand		14,380	73,105
		74,405	120,740
Creditors: Amounts falling due within one year	7	(73,072)	(93,180)
Net current assets		1,333	27,560
Total assets less current liabilities		126,980	183,305
Creditors: Amounts falling due after more than one year	7	(102,277)	(132,790)
Provisions for liabilities		(23,873)	(29,592)
Net assets		830	20,923
Capital and reserves
Called up share capital		100	100
Retained earnings		730	20,823
Shareholders' funds		830	20,923

Portcullis Power Solutions Limited

(Registration number: 11131738)
Balance Sheet as at 31 January 2025

For the financial year ending 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' 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; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 28 October 2025 and signed on its behalf by:
 

......................................... Mr H K Brown-Ford Director

......................................... Mr J C Leigh Director

Portcullis Power Solutions Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
7-9 Macon Court
Crewe
Cheshire
CW1 6EA
UK

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Judgements

In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where revision affects only that period, or in the period of revision and future periods where the revision affects both current and future periods.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Portcullis Power Solutions Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when 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.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Office equipment	33% straight line
Plant & machinery	25% reducing balance
Motor vehicles	20% reducing balance

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 5 (2024 - 5).

Portcullis Power Solutions Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

4	Tangible assets

	Office equipment £	Motor vehicles  £	Property, plant and equipment £	Total £
Cost or valuation
At 1 February 2024	4,595	191,747	11,006	207,348
Additions	2,894	-	-	2,894
At 31 January 2025	7,489	191,747	11,006	210,242
Depreciation
At 1 February 2024	2,161	43,549	5,893	51,603
Charge for the year	2,074	29,640	1,278	32,992
At 31 January 2025	4,235	73,189	7,171	84,595
Carrying amount
At 31 January 2025	3,254	118,558	3,835	125,647
At 31 January 2024	2,434	148,198	5,113	155,745

5

Stocks

	2025 £	2024 £
Other inventories	26,834	6,000

6

Debtors

Current	2025 £	2024 £
Trade debtors	30,590	38,799
Other debtors	2,601	2,836
	33,191	41,635

Portcullis Power Solutions Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

7

Creditors

Creditors: amounts falling due within one year

		2025 £	2024 £
Due within one year
Loans and borrowings		30,813	30,813
Trade creditors		6,205	5,997
Taxation and social security		35,155	48,220
Accruals and deferred income		-	667
Other creditors		899	7,483
		73,072	93,180

Creditors: amounts falling due after more than one year

		2025 £	2024 £
Due after one year
Loans and borrowings		102,277	132,790

Creditors included within bank loans and overdrafts are net obligations under finance lease and hire purchase contracts which are secured by the personal guarantee of the directors and total £94,101.12 (2024: £117,626).

Additional creditors included within bank loans and overdrafts are net obligations under finance lease and hire purchase contract which are secured against the assets in which they relate - 2025: £38,988 (2024: £45,976)