Power Balancing Services Limited

Registered number

07337360

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