Company registration number SC199470 (Scotland)
POWER & CONTROL SOLUTIONS LTD.
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
POWER & CONTROL SOLUTIONS LTD.
CONTENTS
Page
Company information
1
Directors' report
2 - 3
Independent auditor's report
4 - 6
Statement of comprehensive income
7
Balance sheet
8
Statement of changes in equity
9
Notes to the financial statements
10 - 17
POWER & CONTROL SOLUTIONS LTD.
COMPANY INFORMATION
- 1 -
Directors
Mr D M Taylor
(Appointed 30 June 2025)
Mrs E F Brotherton
(Appointed 2 June 2026)
Mr M A Fendall
(Appointed 2 June 2026)
Mr N E Newton
(Appointed 2 June 2026)
Mr P T Vian
(Appointed 4 March 2026)
Secretary
Mr A J Leak
Company number
SC199470
Registered office
Cadder House
160 Clober Road
Milngavie
Glasgow
United Kingdom
G62 7LW
Auditor
Dains Audit (Scotland) Limited
169 West George Street
Glasgow
United Kingdom
G2 2LB
POWER & CONTROL SOLUTIONS LTD.
DIRECTORS' REPORT
FOR THE YEAR ENDED 31 MARCH 2026
- 2 -

The directors present their annual report and financial statements for the year ended 31 March 2026.

Principal activity

The principal activity of the company continued to be that of electrical engineering contractors.

Directors

The directors who held office during the year and up to the date of signature of the financial statements were as follows:

Mr D Coghlan
(Resigned 30 June 2025)
Mr W Bow
(Resigned 30 June 2025)
Mr O J Hall
(Appointed 30 June 2025 and resigned 2 June 2026)
Mr D M Taylor
(Appointed 30 June 2025)
Mr I J Trevor
(Appointed 30 June 2025 and resigned 2 June 2026)
Mrs E F Brotherton
(Appointed 2 June 2026)
Mr M A Fendall
(Appointed 2 June 2026)
Mr N E Newton
(Appointed 2 June 2026)
Mr P T Vian
(Appointed 4 March 2026)
Statement of directors' responsibilities

The directors are responsible for preparing the annual report and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the directors are required to:

- select suitable accounting policies and then apply them consistently;

- make judgements and accounting estimates that are reasonable and prudent;

- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company’s transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Statement of disclosure to auditor

So far as each person who was a director at the date of approving this report is aware, there is no relevant audit information of which the company’s auditor is unaware. Additionally, the directors individually have taken all the necessary steps that they ought to have taken as directors in order to make themselves aware of all relevant audit information and to establish that the company’s auditor is aware of that information.

POWER & CONTROL SOLUTIONS LTD.
DIRECTORS' REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 3 -
On behalf of the board
Mr M A Fendall
Director
1 July 2026
POWER & CONTROL SOLUTIONS LTD.
INDEPENDENT AUDITOR'S REPORT
TO THE MEMBER OF POWER & CONTROL SOLUTIONS LTD.
- 4 -
Opinion

We have audited the financial statements of Power & Control Solutions Ltd. (the 'company') for the year ended 31 March 2026 which comprise the statement of comprehensive income, the balance sheet, the statement of changes in equity and notes to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

- give a true and fair view of the state of the company's affairs as at 31 March 2026 and of its profit for the year then ended;

- have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

- have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.

Other information

The other information comprises the information included in the annual report other than the financial statements and our auditor's report thereon. The directors are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of our audit:

- the information given in the directors' r eport for the financial year for which the financial statements are prepared is consistent with the financial statements; and

- the directors' report has been prepared in accordance with applicable legal requirements.

POWER & CONTROL SOLUTIONS LTD.
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE MEMBER OF POWER & CONTROL SOLUTIONS LTD.
- 5 -
Matters on which we are required to report by exception

In the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identifie d material misstatements in the directors' r eport. We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:

- adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or

- the financial statements are not in agreement with the accounting records and returns; or

- certain disclosures of directors' remuneration specified by law are not made; or

- we have not received all the information and explanations we require for our audit.

Responsibilities of directors

As explained more fully in the directors' r esponsibilities s tatement, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the directors are responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease operations, or have no realistic alternative but to do so.

Auditor's responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud, is detailed below.

Our approach to identifying and assessing the risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, was as follows:

- We ensured that the engagement team collectively had the appropriate competence, capabilities and skills to identify or recognise non-compliance with applicable laws and regulations.

- We identified the laws and regulations applicable to the company through discussions with directors and management and from our knowledge of the regulatory environment relevant to the company.

- We assessed the extent of compliance with laws and regulations through making enquiries of management and inspecting legal correspondence.

- We assessed the susceptibility of the company's financial statements to material misstatement, including obtaining an understanding of how fraud might occur, by making enquiries of management as to where they considered there was susceptibility to fraud and their knowledge of actual, suspected and alleged fraud.

- To address the risk of fraud through management bias and override of controls, we tested journal entries to identify unusual transactions, we assessed whether judgements and assumptions made in determining the accounting estimates were indicative of potential bias and we investigated the rationale behind significant or unusual transactions.

There are inherent limitations in our audit procedures described above. The more removed that laws and regulations are from financial transactions, the less likely it is that we would become aware of non-compliance. Auditing standards also limit the audit procedures required to identify non-compliance with laws and regulations to enquiry of the directors and other management and the inspection of regulatory and legal correspondence.

Material misstatements that arise due to fraud can be harder to detect than those arise from error as they may involve deliberate concealment or collusion.

POWER & CONTROL SOLUTIONS LTD.
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE MEMBER OF POWER & CONTROL SOLUTIONS LTD.
- 6 -

A further description of our responsibilities is available on the Financial Reporting Council’s website at: https://www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor's report.

Use of our report

This report is made solely to the company's member in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's member those matters we are required to state to the member in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's member, for our audit work, for this report, or for the opinions we have formed.

Andrew McKay
Senior Statutory Auditor
For and on behalf of Dains Audit (Scotland) Limited
Statutory Auditor
169 West George Street
Glasgow
United Kingdom
G2 2LB
7 July 2026
POWER & CONTROL SOLUTIONS LTD.
STATEMENT OF COMPREHENSIVE INCOME
FOR THE YEAR ENDED 31 MARCH 2026
- 7 -
Year
Period
ended
ended
31 March
31 March
2026
2025
Notes
£
£
Turnover
2
3,092,219
1,406,624
Cost of sales
(1,723,235)
(802,907)
Gross profit
1,368,984
603,717
Administrative expenses
(515,221)
(254,470)
Operating profit
3
853,763
349,247
Interest receivable and similar income
301
689
Interest payable and similar expenses
(2,988)
(903)
Profit before taxation
851,076
349,033
Tax on profit
6
(216,995)
(91,091)
Profit for the financial year
634,081
257,942

The profit and loss account has been prepared on the basis that all operations are continuing operations.

The notes on pages 10 to 17 form part of these financial statements.

POWER & CONTROL SOLUTIONS LTD.
BALANCE SHEET
AS AT
31 MARCH 2026
31 March 2026
- 8 -
2026
2025
Notes
£
£
£
£
Fixed assets
Tangible assets
7
49,789
122,253
Current assets
Stocks
8
78,455
102,957
Debtors
9
1,977,374
620,028
Cash at bank and in hand
1,610,098
1,020,592
3,665,927
1,743,577
Creditors: amounts falling due within one year
10
(1,772,550)
(505,635)
Net current assets
1,893,377
1,237,942
Total assets less current liabilities
1,943,166
1,360,195
Creditors: amounts falling due after more than one year
11
-
0
(32,870)
Provisions for liabilities
Deferred tax liability
12
12,323
30,563
(12,323)
(30,563)
Net assets
1,930,843
1,296,762
Capital and reserves
Called up share capital
13
6,000
6,000
Profit and loss reserves
1,924,843
1,290,762
Total equity
1,930,843
1,296,762

The notes on pages 10 to 17 form part of these financial statements.

The financial statements were approved by the board of directors and authorised for issue on 1 July 2026 and are signed on its behalf by:
Mr M A Fendall
Director
Company Registration No. SC199470
POWER & CONTROL SOLUTIONS LTD.
STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 MARCH 2026
- 9 -
Share capital
Profit and loss reserves
Total
£
£
£
Balance at 1 October 2024
6,000
1,032,820
1,038,820
Period ended 31 March 2025:
Profit and total comprehensive income for the period
-
257,942
257,942
Balance at 31 March 2025
6,000
1,290,762
1,296,762
Year ended 31 March 2026:
Profit and total comprehensive income for the year
-
634,081
634,081
Balance at 31 March 2026
6,000
1,924,843
1,930,843

The notes on pages 10 to 17 form part of these financial statements.

POWER & CONTROL SOLUTIONS LTD.
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
- 10 -
1
Accounting policies
Company information

Power & Control Solutions Ltd. is a private company limited by shares incorporated in Scotland. The registered office is Cadder House, 160 Clober Road, Milngavie, Glasgow, United Kingdom, G62 7LW. The company's registration number is SC199470.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006.

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

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

This company is a qualifying entity for the purposes of FRS 102, being a member of a group where the parent of that group prepares publicly available consolidated financial statements, including this company, which are intended to give a true and fair view of the assets, liabilities, financial position and profit or loss of the group. T he company has therefore taken advantage of e xemptions from the following disclosure requirements:

- Section 7 ‘Statement of Cash Flows’: Presentation of a statement of cash flow and related notes and disclosures;

- Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instrument Issues: Interest income/expense and net gains/losses for financial instruments not measured at fair value; basis of determining fair values; details of collateral, loan defaults or breaches, details of hedges, hedging fair value changes recognised in profit or loss and in other comprehensive income;

- Section 26 ‘Share based Payment’: Share-based payment expense charged to profit or loss, reconciliation of opening and closing number and weighted average exercise price of share options, how the fair value of options granted was measured, measurement and carrying amount of liabilities for cash-settled share-based payments, explanation of modifications to arrangements;

- Section 33 ‘Related Party Disclosures’: Compensation for key management personnel.

The financial statements of the company are consolidated in the financial statements of DCC Plc. These consolidated financial statements are available from its registered office DCC House, Leopardstown Road, Foxrock, Co Dublin, Ireland.

1.2
Reporting period

The company's accounting reference date was changed from 30 September to 31 March to be co-terminus with its parent company. The prior year financial statements cover the period from 1 October 2024 to 31 March 2025. As a result the comparatives shown in the profit and loss account and related notes are not entirely comparable.

1.3
Turnover

The turnover shown in the profit and loss account represents the value of all goods sold during the period, less returns received and services delivered at a selling price exclusive of Value Added Tax. Sales are recognised at the point at which the c ompany has fulfilled its contractual obligations to the customer.

1.4
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

POWER & CONTROL SOLUTIONS LTD.
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
1
Accounting policies
(Continued)
- 11 -

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Leasehold improvements
10 years straight line
Equipment and fittings
20% reducing balance
Computer equipment
33% straight line
Motor vehicles
25% reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to the profit and loss account.

1.5
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

1.6
Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition.

Stocks held for distribution at no or nominal consideration are measured at the lower of cost and replacement cost, adjusted where applicable for any loss of service potential.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in the profit and loss account. Reversals of impairment losses are also recognised in the profit and loss account.

1.7
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.8
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

1.9
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.10
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

POWER & CONTROL SOLUTIONS LTD.
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
1
Accounting policies
(Continued)
- 12 -
Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes 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 reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date 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 is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

1.11
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

1.12
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

1.13
Leases

Rentals payable under operating leases, including any lease incentives received, are charged to the profit and loss account on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the lease s asset are consumed.

2
Turnover
2026
2025
£
£
Turnover analysed by class of business
Sale of goods
3,092,219
1,406,624
2026
2025
£
£
Turnover analysed by geographical market
United Kingdom
3,092,219
1,406,624
POWER & CONTROL SOLUTIONS LTD.
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 13 -
3
Operating profit
2026
2025
Operating profit for the year is stated after charging/(crediting):
£
£
Fees payable to the company's auditor for the audit of the company's financial statements
9,000
-
0
Depreciation of owned tangible fixed assets
24,929
17,269
Loss/(profit) on disposal of tangible fixed assets
3,004
(2,444)
Operating lease charges
24,676
18,929
4
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2026
2025
9
10

Their aggregate remuneration comprised:

2026
2025
£
£
Wages and salaries
670,899
188,250
Social security costs
76,474
19,527
Pension costs
20,010
23,661
767,383
231,438
5
Directors' remuneration
2026
2025
£
£
Remuneration for qualifying services
6,300
15,366
Company pension contributions to defined contribution schemes
-
12,000
6,300
27,366
6
Taxation
2026
2025
£
£
Current tax
UK corporation tax on profits for the current period
233,318
82,650
Adjustments in respect of prior periods
1,917
-
0
Total current tax
235,235
82,650
POWER & CONTROL SOLUTIONS LTD.
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
6
Taxation
2026
2025
£
£
(Continued)
- 14 -
Deferred tax
Origination and reversal of timing differences
(18,240)
8,441
Total tax charge
216,995
91,091

The actual charge for the year can be reconciled to the expected charge for the year based on the profit or loss and the standard rate of tax as follows:

2026
2025
£
£
Profit before taxation
851,076
349,033
Expected tax charge based on the standard rate of corporation tax in the UK of 25.00% (2025: 25.00%)
212,769
87,258
Tax effect of expenses that are not deductible in determining taxable profit
2,434
3,833
Adjustments in respect of prior years
1,792
-
0
Taxation charge for the year
216,995
91,091
7
Tangible fixed assets
Leasehold improvements
Equipment and fittings
Computer equipment
Motor vehicles
Total
£
£
£
£
£
Cost
At 1 April 2025
102,090
20,530
24,399
147,256
294,275
Additions
-
0
-
0
5,469
-
0
5,469
Disposals
-
0
-
0
-
0
(60,381)
(60,381)
At 31 March 2026
102,090
20,530
29,868
86,875
239,363
Depreciation and impairment
At 1 April 2025
102,090
16,482
19,086
34,364
172,022
Depreciation charged in the year
-
0
2,154
3,361
19,414
24,929
Eliminated in respect of disposals
-
0
-
0
-
0
(7,377)
(7,377)
At 31 March 2026
102,090
18,636
22,447
46,401
189,574
Carrying amount
At 31 March 2026
-
0
1,894
7,421
40,474
49,789
At 31 March 2025
-
0
4,048
5,313
112,892
122,253
POWER & CONTROL SOLUTIONS LTD.
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 15 -
8
Stocks
2026
2025
£
£
Raw materials and consumables
15,318
36,200
Work in progress
63,137
66,757
78,455
102,957
9
Debtors
2026
2025
Amounts falling due within one year:
£
£
Trade debtors
814,944
602,849
Amounts owed by group undertakings
1,120,585
-
0
Other debtors
908
-
0
Prepayments and accrued income
40,937
17,179
1,977,374
620,028
10
Creditors: amounts falling due within one year
2026
2025
£
£
Obligations under finance leases
-
0
19,723
Trade creditors
405,928
146,912
Amounts owed to group undertakings
850,672
-
0
Corporation tax
233,318
280,614
Other taxation and social security
77,064
39,444
Other creditors
9,196
-
0
Accruals and deferred income
196,372
18,942
1,772,550
505,635

Assets under hire purchase are secured by the asset to which they relate.

11
Creditors: amounts falling due after more than one year
2026
2025
£
£
Obligations under finance leases
-
0
32,870

Assets under hire purchase are secured by the asset to which they relate.

POWER & CONTROL SOLUTIONS LTD.
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 16 -
12
Deferred taxation

The following are the major deferred tax liabilities recognised by the company and movements thereon:

2026
2025
Balances:
£
£
Accelerated capital allowances
12,448
30,563
Retirement benefit obligations
(125)
-
12,323
30,563
2026
Movements in the year:
£
Liability at 1 April 2025
30,563
Credit to profit or loss
(18,240)
Liability at 31 March 2026
12,323
13
Share capital
2026
2025
£
£
Ordinary share capital
Issued and fully paid
6,000 Ordinary of £1
6,000
6,000
14
Operating lease commitments
Lessee

At the reporting end date the company had outstanding commitments for future minimum lease payments under non-cancellable operating leases, which fall due as follows:

2026
2025
£
£
Within one year
38,883
61,424
Between two and five years
44,624
90,279
83,507
151,703
POWER & CONTROL SOLUTIONS LTD.
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 17 -
15
Related party transactions

The c ompany has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

No other transactions with related parties were undertaken such as are required to be disclosed under Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

16
Ultimate controlling party

On 30th June 2025, the entire share capital of the immediate parent undertaking, GABB Holdings (Scotland) Limited, was acquired by Dieselec Thistle Generators Limited.

The directors regard DCC plc, a company registered in the Republic of Ireland, as the ultimate parent company. The smallest and largest group of undertakings which the company is consolidated for which group financial statements are prepared is DCC plc. Copies of the consolidated financial statements may be obtained from The Secretary, DCC plc, DCC House, Leopardstown Road, Foxrock, Co Dublin, Ireland.

2026-03-31 2025-04-01 false false false CCH Software CCH Accounts Production 2026.100 Mr D Coghlan Mr W Bow Mr O J Hall Mr D M Taylor Mr I J Trevor Mrs E F Brotherton Mr M A Fendall Mr N E Newton Mr P T Vian Mr A J Leak SC199470 2025-04-01 2026-03-31 SC199470 bus:Director4 2025-04-01 2026-03-31 SC199470 bus:Director6 2025-04-01 2026-03-31 SC199470 bus:Director7 2025-04-01 2026-03-31 SC199470 bus:Director8 2025-04-01 2026-03-31 SC199470 bus:Director9 2025-04-01 2026-03-31 SC199470 bus:CompanySecretary1 2025-04-01 2026-03-31 SC199470 bus:Director1 2025-04-01 2026-03-31 SC199470 bus:Director2 2025-04-01 2026-03-31 SC199470 bus:Director3 2025-04-01 2026-03-31 SC199470 bus:Director5 2025-04-01 2026-03-31 SC199470 bus:RegisteredOffice 2025-04-01 2026-03-31 SC199470 2026-03-31 SC199470 2024-10-01 2025-03-31 SC199470 core:RetainedEarningsAccumulatedLosses 2024-10-01 2025-03-31 SC199470 core:RetainedEarningsAccumulatedLosses 2025-04-01 2026-03-31 SC199470 2025-03-31 SC199470 core:LeaseholdImprovements 2026-03-31 SC199470 core:FurnitureFittings 2026-03-31 SC199470 core:ComputerEquipment 2026-03-31 SC199470 core:MotorVehicles 2026-03-31 SC199470 core:LeaseholdImprovements 2025-03-31 SC199470 core:FurnitureFittings 2025-03-31 SC199470 core:ComputerEquipment 2025-03-31 SC199470 core:MotorVehicles 2025-03-31 SC199470 core:CurrentFinancialInstruments core:WithinOneYear 2026-03-31 SC199470 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-31 SC199470 core:Non-currentFinancialInstruments core:AfterOneYear 2026-03-31 SC199470 core:Non-currentFinancialInstruments core:AfterOneYear 2025-03-31 SC199470 core:ShareCapital 2026-03-31 SC199470 core:ShareCapital 2025-03-31 SC199470 core:RetainedEarningsAccumulatedLosses 2026-03-31 SC199470 core:RetainedEarningsAccumulatedLosses 2025-03-31 SC199470 core:ShareCapital 2024-09-30 SC199470 core:RetainedEarningsAccumulatedLosses 2024-09-30 SC199470 core:ShareCapitalOrdinaryShareClass1 2026-03-31 SC199470 core:ShareCapitalOrdinaryShareClass1 2025-03-31 SC199470 core:LeaseholdImprovements 2025-04-01 2026-03-31 SC199470 core:FurnitureFittings 2025-04-01 2026-03-31 SC199470 core:ComputerEquipment 2025-04-01 2026-03-31 SC199470 core:MotorVehicles 2025-04-01 2026-03-31 SC199470 core:UKTax 2025-04-01 2026-03-31 SC199470 core:UKTax 2024-10-01 2025-03-31 SC199470 core:LeaseholdImprovements 2025-03-31 SC199470 core:FurnitureFittings 2025-03-31 SC199470 core:ComputerEquipment 2025-03-31 SC199470 core:MotorVehicles 2025-03-31 SC199470 2025-03-31 SC199470 core:CurrentFinancialInstruments 2026-03-31 SC199470 core:CurrentFinancialInstruments 2025-03-31 SC199470 core:WithinOneYear 2026-03-31 SC199470 core:WithinOneYear 2025-03-31 SC199470 core:BetweenTwoFiveYears 2026-03-31 SC199470 core:BetweenTwoFiveYears 2025-03-31 SC199470 bus:PrivateLimitedCompanyLtd 2025-04-01 2026-03-31 SC199470 bus:FRS102 2025-04-01 2026-03-31 SC199470 bus:Audited 2025-04-01 2026-03-31 SC199470 bus:FullAccounts 2025-04-01 2026-03-31 xbrli:pure xbrli:shares iso4217:GBP