PowerLink Energy Tech (UK) Co Ltd.

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Accountants' Report	1
Statement of Financial Position	2—3
Statement of Changes in Equity	4
Notes to the Financial Statements	5—8

Report to the directors on the preparation of the unaudited statutory accounts of PowerLink Energy Tech (UK) Co Ltd. for the year ended 31 March 2025

To assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of PowerLink Energy Tech (UK) Co Ltd. which comprise the Income Statement, the Statement of Financial Position and the related notes, from the company’s accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.

This report is made to the directors of PowerLink Energy Tech (UK) Co Ltd. , as a body, in accordance with the terms of our engagement letter dated 13/06/2025 . Our work has been undertaken solely to prepare for your approval the accounts of PowerLink Energy Tech (UK) Co Ltd. and state thos24 June 2024e matters that we have agreed to state to the directors of PowerLink Energy Tech (UK) Co Ltd. , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than PowerLink Energy Tech (UK) Co Ltd. and its directors as a body for our work or for this report.

It is your duty to ensure that PowerLink Energy Tech (UK) Co Ltd. has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of PowerLink Energy Tech (UK) Co Ltd. . You consider that PowerLink Energy Tech (UK) Co Ltd. is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of PowerLink Energy Tech (UK) Co Ltd. . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.

25/11/2025

Overpaidtax Limited

Chartered Accountants

The Media Centre

7 Northumberland Street

Huddersfield

HD1 1RL

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PowerLink Energy Tech (UK) Co Ltd.

Statement of Financial Position

As At 31 March 2025

Statement of Financial Position

Registered number: 07165123

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		310,163		365,570

			310,163		365,570
CURRENT ASSETS
Stocks	5	3,360,902		4,318,368
Debtors	6	1,930,705		2,666,133
Investments	7	2		2
Cash at bank and in hand		379,757		311,108

		5,671,366		7,295,611
Creditors: Amounts Falling Due Within One Year	8	(4,722,163 )		(6,302,721 )

NET CURRENT ASSETS (LIABILITIES)			949,203		992,890

TOTAL ASSETS LESS CURRENT LIABILITIES			1,259,366		1,358,460

Creditors: Amounts Falling Due After More Than One Year	9		(109,009 )		(157,974 )

NET ASSETS			1,150,357		1,200,486

CAPITAL AND RESERVES
Called up share capital	10		500,010		500,010
Income Statement			650,347		700,476

SHAREHOLDERS' FUNDS			1,150,357		1,200,486

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PowerLink Energy Tech (UK) Co Ltd.

Statement of Financial Position (continued)

As At 31 March 2025

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 directors acknowledge their 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.

On behalf of the board

Mrs H Yan

Director

25/11/2025

The notes on pages 5 to 8 form part of these financial statements.

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PowerLink Energy Tech (UK) Co Ltd.

Statement of Changes in Equity

For The Year Ended 31 March 2025

Statement of Changes in Equity

	Share Capital	Income Statement	Total
	£	£	£
As at 1 April 2023	500,010	421,831	921,841
Profit for the year and total comprehensive income	-	308,645	308,645

Dividends paid	-	(30,000)	(30,000)

As at 31 March 2024 and 1 April 2024	500,010	700,476	1,200,486


Loss for the year and total comprehensive income	-	(20,129 )	(20,129)

Dividends paid	-	(30,000)	(30,000)

As at 31 March 2025	500,010	650,347	1,150,357

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PowerLink Energy Tech (UK) Co Ltd.

Notes to the Financial Statements

For The Year Ended 31 March 2025

Notes to the Financial Statements

1. General Information

PowerLink Energy Tech (UK) Co Ltd. is a private company, limited by shares, incorporated in England & Wales, registered number 07165123 . The registered office is Vickers Building Hurricane Close, Sherburn In Elmet, Leeds, LS25 6PB.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	5% straight line
Plant & Machinery	10% straight line
Motor Vehicles	20% straight line
Fixtures & Fittings	20% straight line
Computer Equipment	20% straight line

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.5. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

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PowerLink Energy Tech (UK) Co Ltd.

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

2.6. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

2.7. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the income statement as they become payable in accordance with the rules of the scheme.

3. Average Number of Employees

Average number of employees, including directors, during the year was:

	2025	2024
Office and administration	4	4
Sales, marketing and distribution	9	9
Manufacturing	6	6

	19	19

4. Tangible Assets

	Land & Property
	Freehold	Plant & Machinery	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£	£
Cost
As at 1 April 2024	1,021,267	178,509	28,709	29,294	1,257,779

As at 31 March 2025	1,021,267	178,509	28,709	29,294	1,257,779

Depreciation
As at 1 April 2024	661,247	173,039	28,709	29,214	892,209
Provided during the period	51,064	4,263	-	80	55,407

As at 31 March 2025	712,311	177,302	28,709	29,294	947,616

Net Book Value
As at 31 March 2025	308,956	1,207	-	-	310,163

As at 1 April 2024	360,020	5,470	-	80	365,570

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PowerLink Energy Tech (UK) Co Ltd.

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

5. Stocks

	2025	2024
	£	£
Materials	638,751	542,132
Finished goods	2,722,151	3,776,236

	3,360,902	4,318,368

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	1,293,754	2,334,826
Prepayments and accrued income	612,581	293,922
Other debtors	-	37,385
Other taxes and social security	24,370	-

	1,930,705	2,666,133

7. Current Asset Investments

	2025	2024
	£	£
Shares in subsidiaries	2	2

8. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	3,058,853	4,392,864
Corporation tax	7,796	27,680
Other taxes and social security	-	107,141
Other creditors	1,383,304	1,511,918
Dividends payable - Mrs H Yan	15,300	15,300
Dividends payable - Mr Y Zhang	11,700	11,700
Dividends payable - Yorpower	3,000	3,000
Accruals and deferred income	35,673	26,581
Directors' loan accounts	206,537	206,537

	4,722,163	6,302,721

9. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans - 1-2 years	85,055	46,910
Bank loans - 2-5 years	-	87,110
Other loans	23,954	23,954

	109,009	157,974

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PowerLink Energy Tech (UK) Co Ltd.

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

10. Share Capital

	2025	2024
Allotted, called up and fully paid	£	£
510 Ordinary A shares of £ 500 each	255,000	255,000
390 Ordinary B shares of £ 500 each	195,000	195,000
100 Ordinary C shares of £ 500 each	50,000	50,000
10 Ordinary D shares of £ 1 each	10	10

	500,010	500,010

11. Dividends

	2025	2024
	£	£
On equity shares:
Interim dividend paid	30,000	30,000

The total distribution of dividends for the year ended 31 March 2025 was £30,000 (2024: £30,000).

12. Related Party Transactions

Included within creditors amounts falling due after more than one year is a director's loan account of £206,537 (2024 £206,537) due to Mrs. H Yan

Included within trade creditors amounts falling due within one year is £2,548,900 (2024 £4,173,841) due to Power Link Machine (Shanghai) Co Limited

Included in trade debtors amount falling due within one year is £89,826 (2024 £514,328) from Yorpower Limited.

Included in trade debtors amount falling due within one year is £796,066 (2024 £562,536 ) from Power Link Machine (Shanghai) Co Limited.

Included in trade debtors amount falling due within one year is £172,855 (2024 £667,110 ) from Power Link American

13. Ultimate Controlling Party

The company is controlled by H Yan, a director, who owns the majority of the issued share capital.

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