REGISTERED NUMBER: 10876465 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2025

for

Powerlift Materials Handling Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

J J Routledge

Ms E J Routledge

S J Routledge

REGISTERED OFFICE:

1A Prestwood Place

Skelmersdale

Lancashire

WN8 9QE

REGISTERED NUMBER:

10876465 (England and Wales)

ACCOUNTANTS:

IN Accountancy Limited

2 Station View

Bramhall Moor Lane

Hazel Grove

Stockport

Cheshire

SK7 5ER

FIXED ASSETS

Tangible assets

4

2,365,354

2,258,942

CURRENT ASSETS

Stocks

574,950

742,382

Debtors

5

906,566

1,026,367

Cash at bank

119,948

143,979

1,601,464

1,912,728

CREDITORS

Amounts falling due within one year

6

1,097,500

1,474,995

NET CURRENT ASSETS

503,964

437,733

TOTAL ASSETS LESS CURRENT LIABILITIES

2,869,318

2,696,675

CREDITORS

Amounts falling due after more than one year

7

2,729,266

2,781,754

NET ASSETS/(LIABILITIES)

140,052

(85,079

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

139,952

(85,179

)

SHAREHOLDERS' FUNDS

140,052

(85,079

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 11 June 2026 and were signed on its behalf by:

Ms E J Routledge - Director

1.	STATUTORY INFORMATION

Powerlift Materials Handling 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.

The financial statements are prepared in sterling which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

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 etc

-

25% on cost, 10% on reducing balance and 5% on reducing balance

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 Statement of Income and Retained Earnings, 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.

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 26 (2024 - 26 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2025

3,419,461

Additions

598,445

Disposals

(56,282

)

Reclassification/transfer

(251,238

)

At 31 December 2025

3,710,386

DEPRECIATION

At 1 January 2025

1,160,520

Charge for year

292,144

Eliminated on disposal

(53,657

)

Reclassification/transfer

(53,975

)

At 31 December 2025

1,345,032

NET BOOK VALUE

At 31 December 2025

2,365,354

At 31 December 2024

2,258,941

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade debtors

756,042

867,744

Amounts owed by joint ventures

110,004

140,145

Other debtors

40,520

18,478

906,566

1,026,367

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Bank loans and overdrafts

5,462

5,353

Hire purchase contracts

201,111

267,699

Trade creditors

544,971

789,167

Amounts owed to participating interests

-

42,451

Taxation and social security

143,306

74,653

Other creditors

202,650

295,672

1,097,500

1,474,995

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.25

31.12.24

£

£

Bank loans

20,410

25,982

Hire purchase contracts

251,344

208,660

Amounts owed to group undertakings

1,863,295

1,863,295

Other creditors

594,217

683,817

2,729,266

2,781,754

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

-

4,570

8.	SECURED DEBTS

The following secured debts are included within creditors:

31.12.25

31.12.24

£

£

Hire purchase contracts

452,455

476,359

9.	FINANCIAL COMMITMENTS, GUARANTEES AND CONTINGENT LIABILITIES

There is a fixed and floating charge dated which covers all of the property or undertaking of the company's assets in relation to a debenture held by the parent company.

10.	RELATED PARTY DISCLOSURES

Powerlift Holdings Ltd

Powerlift Holdings Ltd is a company which owns all the shares within the company.

As at the financial year end the company owed Powerlift Holdings Ltd £1,863,295 (2024: £1,864,795). The loan is repayable on demand and the rate of interest charged is 0%.

Stem Investments Limited

Stem Investments Limited is a company where two of the directors are also directors in the company.

As at the financial year end the company owed Stem Investments Limited £0 (2024: £42,451).

Easylift Materials Handling Limited

Easylift Materials Handling Limited is a company where all of the directors are also the directors in the company.

As at the financial year end Easylift Materials Limited owed the company £110,004 (2024: £140,145) the loan is repayable on demand and the rate of interest charged is 0%.

11.	SHARE OPTIONS

On 29 July 2021, the parent company implemented a share based payment scheme to help incentivise and retain key employees of this company. The fair value of the options at the grant date was deemed not to be material and as such no adjustments have been made to the financial statements.