Registered number
07337360
Power Balancing Services Limited
Filleted Accounts
31 December 2025

Power Balancing Services Limited
Registered number: | 07337360
Balance Sheet
as at 31 December 2025
Notes |  |  | 2025 |  |  | 2024
£ | £
Fixed assets
Tangible assets | 3 |  |  | - |  |  | 259
Investments | 4 |  |  | 25 |  |  | 25
|  |  |  | 25 |  |  | 284
Current assets
Debtors | 5 |  | 716,801 |  |  | 714,612
Cash at bank and in hand |  |  | 777,340 |  |  | 599,706
|  |  | 1,494,141 |  |  | 1,314,318
Creditors: amounts falling due within one year | 6 |  | (350,534) |  |  | (296,804)
Net current assets |  |  |  | 1,143,607 |  |  | 1,017,514
Total assets less current liabilities |  |  |  | 1,143,632 |  |  | 1,017,798
Creditors: amounts falling due after more than one year | 7 |  |  | (119,153) |  |  | (119,153)
Net assets |  |  |  | 1,024,479 |  |  | 898,645
Capital and reserves
Called up share capital |  |  |  | 150 |  |  | 32,020
Profit and loss account |  |  |  | 1,024,329 |  |  | 866,625
Shareholders' funds |  |  |  | 1,024,479 |  |  | 898,645
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Paul Tittley
Director
Approved by the board on 12 June 2026

Power Balancing Services Limited
Notes to the Accounts
for the period from 31 August 2024 to 31 December 2025
1 | Accounting policies
| Basis of preparation
| The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
| 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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
| Tangible fixed assets
| Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
| Plant and machinery | over 5 years
| Computer equipment | over 3 years
| Investments
| Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
| Debtors
| Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
| Creditors
| Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
| Taxation
| A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. 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, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
| Foreign currency translation
| Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
2 | Employees | 2025 |  | 2024
Number | Number
| Average number of persons employed by the company | 0 |  | 0
3 | Tangible fixed assets
|  |  |  | Plant and machinery etc |  | Computer equipment |  | Total
£ | £ | £
| Cost
| At 31 August 2024 | 4,061 |  | 11,041 |  | 15,102
| Additions | 10,118 |  | (9,174) |  | 944
| Disposals | (14,179) |  | (1,867) |  | (16,046)
| At 31 December 2025 | - |  | - |  | -
| Depreciation
| At 31 August 2024 | 2,030 |  | 12,813 |  | 14,843
| On disposals | (2,030) |  | (12,813) |  | (14,843)
| At 31 December 2025 | - |  | - |  | -
| Net book value
| At 31 December 2025 | - |  | - |  | -
| At 30 August 2024 | 2,031 |  | (1,772) |  | 259
4 | Investments
Investment in
Joint Venture
£
| Cost
| At 31 August 2024 | 25
| At 31 December 2025 | 25
| The investment is in Powertree (Holdings) Limited ("Powertree"), a company in which 25% of the shares are owned. The current structure of the joint venture is that the company receives 25% of the benefit from Powertree and has 50% of the voting rights. Powertree is the parent company of a group that specialises in the provision of flexible power response services to the UK national electrical grid and other UK power market participants. Powertree's most recent filed accounts for the year ended 31 December 2025 showed turnover of £3,930,000 (2024: £2,470,949) and net assets of £7,907,577 (2023: £7,788,423).
5 | Debtors | 2025 |  | 2024
£ | £
| Trade debtors | 4,758 |  | 16,497
| Amounts owed by joint venture company |  | 690,000 |  | 690,000
| Other debtors | 22,043 |  | 8,115
|  |  |  |  |  | 716,801 |  | 714,612
6 | Creditors: amounts falling due within one year | 2025 |  | 2024
£ | £
| Trade creditors | 20,483 |  | -
| Taxation and social security costs | 49,545 |  | 40,904
| Other creditors | 280,506 |  | 255,900
|  |  |  |  |  | 350,534 |  | 296,804
7 | Creditors: amounts falling due after one year | 2025 |  | 2024
£ | £
| Other creditors | 119,153 |  | 119,153
8 | Related party transactions
| Included in other creditors falling due within one year is £23,940 due to Andrew Leach (2024: £nil) and £665 due to Graham White (2024: £Nil).
| Included in creditors falling due after more than one year is £119,153 (2024: £119,153) owed to Renewable Power Systems Ltd., a company in which Andrew Leach is a director.
9 | Other information
| Power Balancing Services Limited is a private company limited by shares and incorporated in England. Its registered office is: Strelley Hall, Main Street, Strelley, Nottingham NG8 6PE

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