REGISTERED NUMBER: 13763669 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

FOR

ADVANCE POWER LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

M D Fairless

REGISTERED OFFICE:

61 Station Road

Sudbury

Suffolk

CO10 2SP

REGISTERED NUMBER:

13763669 (England and Wales)

ACCOUNTANTS:

Seago and Stopps

Chartered Certified Accountants

61 Station Road

Sudbury

Suffolk

CO10 2SP

FIXED ASSETS

25,752

Tangible assets

4

23,368

CURRENT ASSETS

31,876

Debtors

5

24,134

13,805

Cash at bank and in hand

5,152

45,681

29,286

CREDITORS

26,131

Amounts falling due within one year

6

23,477

19,550

NET CURRENT ASSETS

5,809

45,302

TOTAL ASSETS LESS CURRENT LIABILITIES

29,177

CREDITORS

(22,014

)

Amounts falling due after more than one year

7

(16,543

)

(5,562

)

PROVISIONS FOR LIABILITIES

(5,842

)

17,726

NET ASSETS

6,792

CAPITAL AND RESERVES

100

Called up share capital

100

17,626

Retained earnings

6,692

17,726

6,792

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 24 June 2026 and were signed by:

M D Fairless - Director

1.	STATUTORY INFORMATION

Advance Power Limited 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 represents the value of work completed and invoiced during the year and excludes value added tax .

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life, or if held under a finance lease, over the lease term, which ever is shorter.

Plant & Machinery - 20% reducing balance

Motor Vehicles - 20% reducing balance

Office Equipment - 20% reducing balance

Financial instruments

The company enters into basic financial instrument transactions, as appropriate and as and when required, that result in the recognition of financial assets and liabilities within the financial statements such as trade and other accounts receivable and payable, bank loans and hire purchase and lease contracts.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2025 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Office

Totals

machinery

vehicles

equipment

£

£

£

£

COST

At 1 April 2025

40,017

2,606

37,411

-

Additions

3,775

665

-

3,110

Disposals

(497

)

(497

)

-

-

At 31 March 2026

43,295

2,774

37,411

3,110

DEPRECIATION

At 1 April 2025

14,265

797

13,468

-

Charge for year

5,842

432

4,789

621

Eliminated on disposal

(180

)

(180

)

-

-

At 31 March 2026

19,927

1,049

18,257

621

NET BOOK VALUE

At 31 March 2026

23,368

1,725

19,154

2,489

At 31 March 2025

25,752

1,809

23,943

-

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 April 2025

and 31 March 2026

37,411

DEPRECIATION

At 1 April 2025

13,468

Charge for year

4,789

At 31 March 2026

18,257

NET BOOK VALUE

At 31 March 2026

19,154

At 31 March 2025

23,943

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade debtors

5,980

6,353

Other debtors

18,154

25,523

24,134

31,876

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Hire purchase contracts

5,472

5,472

Trade creditors

2,208

1,440

Taxation and social security

12,936

16,559

Other creditors

2,861

2,660

23,477

26,131

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.26

31.3.25

£

£

Hire purchase contracts

16,543

22,014

8.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.26

31.3.25

£

£

Hire purchase contracts

22,015

27,486

The hire purchase liabilities are secured against the assets to which they relate.