REGISTERED NUMBER: 09285112 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Dycon Power Solutions Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

F F Van Eekeren

M F van Eekeren

REGISTERED OFFICE:

Unit A

Cwm Cynon Business Park

Mountain Ash

Rhondda Cynon Taf

CF45 4ER

REGISTERED NUMBER:

09285112 (England and Wales)

FIXED ASSETS

Tangible assets

4

4,578

5,616

CURRENT ASSETS

Stocks

188,125

206,799

Debtors

5

77,996

63,273

Cash at bank

5,631

21,125

271,752

291,197

CREDITORS

Amounts falling due within one year

6

212,115

183,006

NET CURRENT ASSETS

59,637

108,191

TOTAL ASSETS LESS CURRENT LIABILITIES

64,215

113,807

CREDITORS

Amounts falling due after more than one year

7

47,982

114,114

NET ASSETS/(LIABILITIES)

16,233

(307

)

CAPITAL AND RESERVES

Called up share capital

125

100

Share premium

26,567

26,567

Retained earnings

(10,459

)

(26,974

)

16,233

(307

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 December 2025 and were signed on its behalf by:

F F Van Eekeren - Director

1.	STATUTORY INFORMATION

Dycon Power Solutions Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

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

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

33% on reducing balance and 25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

33% on reducing balance and 25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments

Trade debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases, the receivables are stated at cost less impairment losses for bad and doubtful debts.

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method unless the effect of discounting would be immaterial, in which case they are stated at cost.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1 April 2024

34,063

2,389

8,913

45,365

Additions

229

610

-

839

At 31 March 2025

34,292

2,999

8,913

46,204

DEPRECIATION

At 1 April 2024

29,481

2,210

8,058

39,749

Charge for year

1,324

180

373

1,877

At 31 March 2025

30,805

2,390

8,431

41,626

NET BOOK VALUE

At 31 March 2025

3,487

609

482

4,578

At 31 March 2024

4,582

179

855

5,616

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

50,340

49,545

Other debtors

-

302

VAT

3,171

2,249

Prepayments and accrued income

24,485

11,177

77,996

63,273

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

10,000

10,000

Other loans

13,711

19,252

Trade creditors

147,404

117,467

Social security and other taxes

2,011

2,037

Other creditors

35,731

31,309

Accrued expenses

3,258

2,941

212,115

183,006

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 1-2 years

2,500

10,000

Bank loans - 2-5 years

-

2,500

Other loans - 1-2 years

15,132

13,711

Other loans - 2-5 years

30,350

45,482

Amounts owed to group undertakings

-

42,421

47,982

114,114

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Invoice factoring

35,561

31,145

9.	RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.