Company Registration No. 15285082 (England and Wales)
Premier Power Services Ltd
Unaudited accounts
for the year ended 28 February 2026
Premier Power Services Ltd
Unaudited accounts
Contents
Premier Power Services Ltd
Company Information
for the year ended 28 February 2026
Directors
Charles Cox
Matthew Sibborn
Company Number
15285082 (England and Wales)
Registered Office
Unit 3
Hullockpit Hill
Newnham Road, Newnham
Baldock
Hertfordshire
SG7 5DP
England
Accountants
Griffin and Sage Limited
172 Park Road
Peterborough
PE1 2UF
Premier Power Services Ltd
Statement of financial position
as at 28 February 2026
Tangible assets
271,575
129,201
Cash at bank and in hand
636,243
6,992
Creditors: amounts falling due within one year
(1,298,022)
(59,961)
Net current assets
165,980
193,695
Total assets less current liabilities
437,555
322,896
Creditors: amounts falling due after more than one year
(144,447)
(289,185)
Provisions for liabilities
Deferred tax
(59,064)
(32,260)
Called up share capital
1,104
1,104
Profit and loss account
232,940
347
Shareholders' funds
234,044
1,451
For the year ending 28 February 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 22 July 2026 and were signed on its behalf by
Matthew Sibborn
Director
Company Registration No. 15285082
Premier Power Services Ltd
Notes to the Accounts
for the year ended 28 February 2026
Premier Power Services Ltd is a private company, limited by shares, registered in England and Wales, registration number 15285082. The registered office is Unit 3, Hullockpit Hill, Newnham Road, Newnham, Baldock, Hertfordshire, SG7 5DP, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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 and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% reducing balance
Motor vehicles
20% reducing balance
Computer equipment
25% straight line
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Premier Power Services Ltd
Notes to the Accounts
for the year ended 28 February 2026
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 March 2025
9,155
133,162
6,819
149,136
Additions
50,210
152,478
8,533
211,221
At 28 February 2026
59,365
285,640
15,352
360,357
At 1 March 2025
1,257
17,797
881
19,935
Charge for the year
11,622
53,569
3,656
68,847
At 28 February 2026
12,879
71,366
4,537
88,782
At 28 February 2026
46,486
214,274
10,815
271,575
At 28 February 2025
7,898
115,365
5,938
129,201
Amounts falling due within one year
Trade debtors
417,004
241,736
Accrued income and prepayments
30,669
4,828
Premier Power Services Ltd
Notes to the Accounts
for the year ended 28 February 2026
6
Creditors: amounts falling due within one year
2026
2025
Obligations under finance leases and hire purchase contracts
33,526
19,569
Trade creditors
204,874
15,080
Taxes and social security
162,518
24,140
Other creditors
258,035
770
Loans from directors
9,762
(15,655)
7
Creditors: amounts falling due after more than one year
2026
2025
Obligations under finance leases and hire purchase contracts
144,447
79,185
Allotted, called up and fully paid:
1,104,000 Ordinary shares of £0.001 each
1,104
1,104
9
Average number of employees
During the year the average number of employees was 15 (2025: 5).