REGISTERED NUMBER: 14781774 (England and Wales)

Pendulum Power Connections Ltd

Financial Statements for the Year Ended 31 October 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

T J Williams

D Truran

S Curtis-Phillips

REGISTERED OFFICE:

One New Street

Wells

Somerset

BA5 2LA

REGISTERED NUMBER:

14781774 (England and Wales)

ACCOUNTANTS:

Webb & Co Ltd

Accountants and Business Advisers

One New Street

Wells

Somerset

BA5 2LA

FIXED ASSETS

Tangible assets

4

196,601

80,750

CURRENT ASSETS

Stocks

242,174

535,109

Debtors

5

419,857

187,061

Cash at bank and in hand

463,657

89,372

1,125,688

811,542

CREDITORS

Amounts falling due within one year

6

522,288

716,932

NET CURRENT ASSETS

603,400

94,610

TOTAL ASSETS LESS CURRENT LIABILITIES

800,001

175,360

CREDITORS

Amounts falling due after more than one year

7

(11,667

)

(30,000

)

PROVISIONS FOR LIABILITIES

(49,150

)

(20,188

)

NET ASSETS

739,184

125,172

CAPITAL AND RESERVES

Called up share capital

9

240

100

Retained earnings

738,944

125,072

SHAREHOLDERS' FUNDS

739,184

125,172

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 9 March 2026 and were signed on its behalf by:

T J Williams - Director

D Truran - Director

S Curtis-Phillips - Director

1.	STATUTORY INFORMATION

Pendulum Power Connections 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Rendering of Services

Revenue is recognised over time, as customers receive and benefit from the services as they are performed. For construction and installation work, revenue is measured using the stage-of-completion method. Commissioning, support, and consultancy services are recognised as the work is delivered. Where a contract outcome cannot be reliably estimated, revenue is recognised only to the extent of recoverable costs, and expected losses are recognised immediately.

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

-

33.3% on cost and 10% on cost

Motor vehicles

-

25% on cost

Stocks

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 items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 November 2024

61,461

34,250

95,711

Additions

56,644

109,910

166,554

Disposals

(1,088

)

-

(1,088

)

At 31 October 2025

117,017

144,160

261,177

DEPRECIATION

At 1 November 2024

6,398

8,563

14,961

Charge for year

13,575

36,040

49,615

At 31 October 2025

19,973

44,603

64,576

NET BOOK VALUE

At 31 October 2025

97,044

99,557

196,601

At 31 October 2024

55,063

25,687

80,750

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

382,799

110,284

Other debtors

37,058

76,777

419,857

187,061

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Hire purchase contracts

5,000

-

Trade creditors

178,577

206,489

Taxation and social security

294,407

50,316

Other creditors

44,304

460,127

522,288

716,932

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts

11,667

-

Other creditors

-

30,000

11,667

30,000

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Hire purchase contracts

16,667

-

9.	CALLED UP SHARE CAPITAL

Allotted,

allotted and fully paid :

Number:

Class:

Nominal

2025

2024

Value

£

£

70

Ordinary A

£1

70

30

Ordinary B

£1

30

80

Ordinary A

£1

80

80

Ordinary B

£1

80

80

Ordinary C

£1

80

240

100

On 19 June 2025 the following share changes occurred:

70 Ordinary B Shares were issued at par

70 Ordinary C Shares were issued at par

10 Ordinary B Shares were reclassified to 10 Ordinary A Shares

10 Ordinary B Shares were reclassified to 10 Ordinary C Shares