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Registered number: 08987699
Complete Power Solutions Limited
Unaudited Financial Statements
For The Year Ended 30 August 2025
Beach Accountants Limited
Chartered Certified Accountants
10 Blue Sky Way
Monkton Business Park South
Hebburn
South Tyneside
NE31 2EQ
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 08987699
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 85,014 45,839
Investments 5 10 10
85,024 45,849
CURRENT ASSETS
Debtors 6 306,070 172,770
Cash at bank and in hand 26,203 115,931
332,273 288,701
Creditors: Amounts Falling Due Within One Year 7 (175,858 ) (193,955 )
NET CURRENT ASSETS (LIABILITIES) 156,415 94,746
TOTAL ASSETS LESS CURRENT LIABILITIES 241,439 140,595
Creditors: Amounts Falling Due After More Than One Year 8 (48,000 ) -
PROVISIONS FOR LIABILITIES
Deferred Taxation (18,181 ) (7,620 )
NET ASSETS 175,258 132,975
CAPITAL AND RESERVES
Called up share capital 9 10 10
Profit and Loss Account 175,248 132,965
SHAREHOLDERS' FUNDS 175,258 132,975
Page 1
Page 2
For the year ending 30 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 Profit and Loss Account.
On behalf of the board
Mr David Winton
Director
29/05/2026
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Complete Power Solutions Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08987699 . The registered office is 10 Blue Sky Way, Monkton Business Park, Hebburn, NE31 2EQ.
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.
The financial statements are prepared in sterling, which is the functional currency of the entity.
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:
Plant & Machinery 20% Reducing Balance
Motor Vehicles 15% Reducing Balance
2.4. 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 year 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 asset reflects 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 or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
Page 3
Page 4
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
4. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 1 September 2024 33,812 40,483 74,295
Additions 165,117 8,995 174,112
Disposals (85,000 ) (40,483 ) (125,483 )
As at 30 August 2025 113,929 8,995 122,924
Depreciation
As at 1 September 2024 17,221 11,235 28,456
Provided during the period 19,340 1,349 20,689
Disposals - (11,235 ) (11,235 )
As at 30 August 2025 36,561 1,349 37,910
Net Book Value
As at 30 August 2025 77,368 7,646 85,014
As at 1 September 2024 16,591 29,248 45,839
5. Investments
Unlisted
£
Cost or Valuation
As at 1 September 2024 10
As at 30 August 2025 10
Provision
As at 1 September 2024 -
As at 30 August 2025 -
Net Book Value
As at 30 August 2025 10
As at 1 September 2024 10
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Page 5
6. Debtors
2025 2024
£ £
Due within one year
Prepayments and accrued income 4,544 1,040
Other debtors 7,881 1,850
Amounts owed by other participating interests 174,005 113,898
186,430 116,788
Due after more than one year
Amounts owed by other participating interests 119,640 55,982
306,070 172,770
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 625 -
Other loans 12,000 -
Corporation tax 41,541 64,626
Other taxes and social security 1,151 3,296
VAT 6,938 17,017
Net wages - 705
Other creditors 198 673
Director's loan account 325 10
Amounts owed to other participating interests 113,080 107,628
175,858 193,955
Directors loan is interest free and repayable on demand. 
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Other loans 48,000 -
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 10 10
10. Directors Advances, Credits and Guarantees
Dividends paid to directors
2025 2024
£ £
Mr David Winton 16,000 27,300
Page 5