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Registration number: 11389180

PI2 Ltd
Unaudited Financial Statements
for the Year Ended 30 November 2025

PI2 Ltd

Contents

Balance Sheet | 1 to 2
Notes to the Unaudited Financial Statements | 3 to 4

PI2 Ltd

(Registration number: 11389180)
Balance Sheet as at 30 November 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Investments | 4 | 167,480 | 167,480
Current assets |  |  |
Debtors |  | 50,000 | -
Cash at bank and in hand |  | 40 | 4
|  | 50,040 | 4
Creditors: Amounts falling due within one year |  | (50,000) | -
Net current assets |  | 40 | 4
Net assets |  | 167,520 | 167,484
Capital and reserves |  |  |
Called up share capital |  | 40 | 4
Retained earnings |  | 167,480 | 167,480
Shareholders' funds |  | 167,520 | 167,484

PI2 Ltd

(Registration number: 11389180)
Balance Sheet as at 30 November 2025

For the financial year ending 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' 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 directors acknowledge their 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 in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

Approved and authorised by the Board on 5 August 2026 and signed on its behalf by:

......................................... Mr L N Bavington Director

PI2 Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
7-9 Macon Court
Crewe
Cheshire
CW1 6EA
England

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 recharge of expenditure in the ordinary course of the company’s activities.

Investments

Investments in subsidiary undertakings are recognised at cost and are subject to an annual impairment review

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 4 (2024 - 4).

4 | Investments

| 2025 £ | 2024 £
Investments in subsidiaries | 167,480 | 167,480

PI2 Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025

Subsidiaries | £
Cost or valuation
At 1 December 2024 | 167,480
Provision
Carrying amount
At 30 November 2025 | 167,480
At 30 November 2024 | 167,480

Details of undertakings

Details of the investments (including principal place of business of unincorporated entities) in which the company holds 20% or more of the nominal value of any class of share capital are as follows:

Undertaking | Registered office | Holding | Proportion of voting rights and shares held
|  |  | 2025 | 2024
Subsidiary undertakings
Power Installations (UK) Limited | 7-9 Macon Court, Crewe, Cheshire, CW1 6EA United Kingdom | Ordinary A | 50% | 50%

Subsidiary undertakings
Power Installations (UK) Limited The principal activity of Power Installations (UK) Limited is Electrical installation.