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Registered number: 06949396
Powerlink Enterprises Ltd
Financial Statements
For The Year Ended 31 December 2025
Longmire Consultants Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—7
Page 1
Balance Sheet
Registered number: 06949396
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 278,590 313,716
278,590 313,716
CURRENT ASSETS
Stocks 6 3,570 4,105
Debtors 7 177,745 198,389
Cash at bank and in hand 150,134 93,473
331,449 295,967
Creditors: Amounts Falling Due Within One Year 8 (123,692 ) (182,754 )
NET CURRENT ASSETS (LIABILITIES) 207,757 113,213
TOTAL ASSETS LESS CURRENT LIABILITIES 486,347 426,929
PROVISIONS FOR LIABILITIES
Deferred Taxation (68,016 ) (62,501 )
NET ASSETS 418,331 364,428
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 418,231 364,328
SHAREHOLDERS' FUNDS 418,331 364,428
Page 1
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For the year ending 31 December 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 Profit and Loss Account.
On behalf of the board
Mr Nicholas Ratcliffe
Director
Mr Richard Wedgwood
Director
30/04/2026
The notes on pages 3 to 7 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Powerlink Enterprises Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 06949396 . The registered office is Unit 2 Dakota South, Salford, M50 2PU.
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. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the profit and loss account over its estimated economic life of .... years.
2.4. 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:
Leasehold 5% on cost
Plant & Machinery 15% Reducing Balance
Motor Vehicles 25% Reducing Balance
Fixtures & Fittings 15% Reducing Balance
Computer Equipment 15% Reducing Balance
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2.5. 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.
2.6. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 8 (2024: 8)
8 8
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4. Intangible Assets
Goodwill
£
Cost
As at 1 January 2025 17,500
As at 31 December 2025 17,500
Amortisation
As at 1 January 2025 17,500
As at 31 December 2025 17,500
Net Book Value
As at 31 December 2025 -
As at 1 January 2025 -
5. Tangible Assets
Land & Property
Leasehold Plant & Machinery Motor Vehicles Fixtures & Fittings
£ £ £ £
Cost
As at 1 January 2025 82,670 261,199 198,234 86,652
Additions - 4,308 - 647
Disposals - - (18,895 ) -
As at 31 December 2025 82,670 265,507 179,339 87,299
Depreciation
As at 1 January 2025 22,456 184,886 78,410 58,213
Provided during the period 4,133 11,445 29,483 4,266
Disposals - - (17,003 ) -
As at 31 December 2025 26,589 196,331 90,890 62,479
Net Book Value
As at 31 December 2025 56,081 69,176 88,449 24,820
As at 1 January 2025 60,214 76,313 119,824 28,439
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Computer Equipment Total
£ £
Cost
As at 1 January 2025 92,044 720,799
Additions 18,208 23,163
Disposals - (18,895 )
As at 31 December 2025 110,252 725,067
Depreciation
As at 1 January 2025 63,118 407,083
Provided during the period 7,070 56,397
Disposals - (17,003 )
As at 31 December 2025 70,188 446,477
Net Book Value
As at 31 December 2025 40,064 278,590
As at 1 January 2025 28,926 313,716
6. Stocks
2025 2024
£ £
Materials 3,570 4,105
7. Debtors
2025 2024
£ £
Due within one year
Trade debtors 56,777 77,276
Other debtors 120,968 121,113
177,745 198,389
8. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 34,403 55,819
Other creditors 21,495 28,038
Taxation and social security 67,794 98,897
123,692 182,754
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9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
Page 7