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Registration number: 08239412

12 Volt Planet Ltd
Unaudited Filleted Financial Statements
for the Year Ended 31 October 2025

12 Volt Planet Ltd

Contents

Company Information | 1
Balance Sheet | 2
Notes to the Unaudited Financial Statements | 3 to 6

12 Volt Planet Ltd

Company Information

Director | P H Ballard

Registered office | 5 Meadow View Drakes Drive Long Crendon Aylesbury Buckinghamshire HP18 9EQ

Accountants | Vale & West Accountancy Services Limited Chartered AccountantsVictoria House 26 Queen Victoria Street Reading Berkshire RG1 1TG

12 Volt Planet Ltd

(Registration number: 08239412)
Balance Sheet as at 31 October 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 1.4 | 35,570 | 33,748
Current assets |  |  |
Stocks |  | 281,950 | 212,150
Debtors | 1.5 | 18,389 | 14,497
Cash at bank and in hand |  | 738,393 | 576,444
|  | 1,038,732 | 803,091
Creditors: Amounts falling due within one year | 1.6 | (305,530) | (243,304)
Net current assets |  | 733,202 | 559,787
Total assets less current liabilities |  | 768,772 | 593,535
Provisions for liabilities |  | (8,822) | (8,437)
Net assets |  | 759,950 | 585,098
Capital and reserves |  |  |
Called up share capital |  | 1 | 1
Retained earnings |  | 759,949 | 585,097
Shareholders' funds |  | 759,950 | 585,098

For the financial year ending 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 9 July 2026

......................................... P H Ballard Director

12 Volt Planet Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

1.1 | General information

The address of its registered office is:
5 Meadow View
Drakes Drive
Long Crendon
Aylesbury
Buckinghamshire
HP18 9EQ

These financial statements were authorised for issue by the director on 9 July 2026.

1.2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of value added tax, returns, rebates and discounts.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

12 Volt Planet Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025 (continued)

1.2 | Accounting policies (continued)

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for
obsolete and slow moving items.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Hire purchase and leasing commitments

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

12 Volt Planet Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025 (continued)

1.2 | Accounting policies (continued)

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.

Financial instruments

The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, and loans to related parties.
Short term debtors are measured at transaction price, less any impairment. Short term creditors are measured at transaction price.

1.3 | Staff numbers

The average number of persons employed by the company (including the director) during the year, was 11 (2024 - 10).

12 Volt Planet Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025 (continued)

1.4 | Tangible assets

| Fixtures and fittings £ | Plant and machinery £ | Office equipment £ | Total £
Cost or valuation
At 1 November 2024 | 58,437 | 51,588 | 11,530 | 121,555
Additions | 5,576 | 7,838 | 179 | 13,593
At 31 October 2025 | 64,013 | 59,426 | 11,709 | 135,148
Depreciation
At 1 November 2024 | 44,145 | 35,265 | 8,396 | 87,806
Charge for the year | 4,904 | 6,040 | 828 | 11,772
At 31 October 2025 | 49,049 | 41,305 | 9,224 | 99,578
Carrying amount
At 31 October 2025 | 14,964 | 18,121 | 2,485 | 35,570
At 31 October 2024 | 14,291 | 16,323 | 3,134 | 33,748

1.5 | Debtors

Current | 2025 £ | 2024 £
Other debtors and prepayments | 18,389 | 14,497
| 18,389 | 14,497

1.6 | Creditors

Creditors: amounts falling due within one year

| 2025 £ | 2024 £
Due within one year |  |
Trade creditors | 168,747 | 161,480
Taxation and social security | 132,554 | 77,872
Other creditors | 4,229 | 3,952
| 305,530 | 243,304