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Registration number: 08184586

PV Plus Limited
Unaudited Filleted Abridged Financial Statements
for the Year Ended 31 August 2025

PV Plus Limited

Contents

Company Information | 1
Abridged Balance Sheet | 2 to 3
Notes to the Unaudited Abridged Financial Statements | 4 to 8

PV Plus Limited

Company Information

Directors | Mr LP Parker-Fellows Mrs M Parker-Fellows

Registered office | Unit 9 Winchester Hill Business Park Winchester Hill Romsey Hampshire SO51 7UT

Accountants | Ward Goodman Accountancy Services Ltd Chartered Certified Accountants4 Cedar Park Cobham Road Ferndown Industrial Estate Wimborne Dorset BH21 7SF

PV Plus Limited

(Registration number: 08184586)
Abridged Balance Sheet as at 31 August 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 636,828 | 562,524
Other financial assets | 5 | 15,000 | -
|  | 651,828 | 562,524
Current assets |  |  |
Stocks | 6 | 30,000 | 16,500
Debtors |  | 533,673 | 323,550
Cash at bank and in hand |  | 238,761 | 274,003
|  | 802,434 | 614,053
Prepayments and accrued income |  | 9,927 | 7,086
Creditors: Amounts falling due within one year |  | (427,370) | (397,830)
Net current assets |  | 384,991 | 223,309
Total assets less current liabilities |  | 1,036,819 | 785,833
Creditors: Amounts falling due after more than one year |  | (312,570) | (231,373)
Provisions for liabilities |  | (54,280) | (30,051)
Net assets |  | 669,969 | 524,409
Capital and reserves |  |  |
Called up share capital | 7 | 100 | 100
Retained earnings |  | 669,869 | 524,309
Shareholders' funds |  | 669,969 | 524,409

For the financial year ending 31 August 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.

All of the company’s members have consented to the preparation of an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

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 22 May 2026 and signed on its behalf by:

PV Plus Limited

(Registration number: 08184586)
Abridged Balance Sheet as at 31 August 2025

......................................... Mr LP Parker-Fellows Director
......................................... Mrs M Parker-Fellows Director

PV Plus Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 August 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:
Unit 9
Winchester Hill Business Park
Winchester Hill
Romsey
Hampshire
SO51 7UT
England

These financial statements were authorised for issue by the Board on 22 May 2026.

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 abridged 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 abridged 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.

The financial statements are presented in Pound Sterling and rounded to the nearest £1.

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.

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 income 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.

PV Plus Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 August 2025

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
Freehold property | 2% on cost
Plant and machinery | 25% on reducing balance
Fixtures and fittings | 25% on reducing balance
Motor vehicles | 25% on reducing balance
Computer equipment | 33% on reducing balance

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

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.

PV Plus Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 August 2025

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 10 (2024 - 9).

PV Plus Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 August 2025

4 | Tangible assets

| Land and buildings £ | Fixtures and fittings £ | Plant and machinery £ | Office equipment £ | Motor vehicles £ | Total £
Cost or valuation
At 1 September 2024 | 428,964 | 34,208 | 10,307 | 12,310 | 192,460 | 678,249
Additions | - | - | 1,418 | 4,206 | 159,027 | 164,651
Disposals | - | (15,495) | - | - | (43,490) | (58,985)
At 31 August 2025 | 428,964 | 18,713 | 11,725 | 16,516 | 307,997 | 783,915
Depreciation
At 1 September 2024 | 8,579 | 7,388 | 4,230 | 3,379 | 92,149 | 115,725
Charge for the year | 8,580 | 6,705 | 1,579 | 3,367 | 42,439 | 62,670
Eliminated on disposal | - | - | - | - | (31,308) | (31,308)
At 31 August 2025 | 17,159 | 14,093 | 5,809 | 6,746 | 103,280 | 147,087
Carrying amount
At 31 August 2025 | 411,805 | 4,620 | 5,916 | 9,770 | 204,717 | 636,828
At 31 August 2024 | 420,385 | 26,820 | 6,077 | 8,931 | 100,311 | 562,524

The net book value of motor vehicles held under hire purchase agreement was £147,235 (prior year: £20,434)

PV Plus Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 August 2025

5 | Other financial assets (current and non-current)

| Financial assets at fair value through profit and loss £ | Total £
Non-current financial assets
Cost or valuation
Additions | 15,000 | 15,000
At 31 August 2025 | 15,000 | 15,000
Impairment
Carrying amount
At 31 August 2025 | 15,000 | 15,000

6 | Stocks

| 2025 £ | 2024 £
Work in progress | 30,000 | 16,500

7 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary of £1 each | 100 | 100 | 100 | 100

8 | Financial commitments, guarantees and contingencies

Amounts disclosed in the balance sheet

Included in the balance sheet are financial commitments of £314,623 (2024 - £275,992). The company had bank loan commitments at the financial year end totalling £244,844 (2024- £275,934) and credit card commitments of £69,780 (2024 - £58). The loan is secured on a fixed and floating charge over the property in which it relates as lodged at Companies House to the National Westminster Bank PLC (Reg No 0818 4586 0003).
The company also had hire purchase commitments at the financial year end totalling £117,982 (2024 - £25,278).

Included in the balance sheet are pensions of £540 (2024 - £1,045). The company operates a money purchase pension scheme for the director and employees. The assets of the scheme are held separately from those of the company in an independently administered fund. At the balance sheet date, unpaid contributions of £540 (2024 - £1,045) were due to the fund. These are included within creditors.