REGISTERED NUMBER: SC276517 (Scotland)

Unaudited Financial Statements for the Year Ended 31 December 2025

for

Custom & Contract Power Solutions Ltd

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

George Fry

Dennis Malcolm Jones

Jean Frances Jones

Mark T Jones

SECRETARY:

Jean Frances Jones

REGISTERED OFFICE:

1 Craigmyle Gardens

Clovenfords

Galashiels

TD1 3LP

REGISTERED NUMBER:

SC276517 (Scotland)

ACCOUNTANTS:

EQ Accountants Ltd

47-49 The Square

Kelso

Roxburghshire

TD5 7HW

FIXED ASSETS

Property, plant and equipment

3

-

12,418

CURRENT ASSETS

Inventories

-

123,952

Debtors

4

856,042

40,019

Cash at bank

930,118

843,996

1,786,160

1,007,967

CREDITORS

Amounts falling due within one year

5

236,110

130,157

NET CURRENT ASSETS

1,550,050

877,810

TOTAL ASSETS LESS CURRENT LIABILITIES

1,550,050

890,228

PROVISIONS FOR LIABILITIES

-

3,000

NET ASSETS

1,550,050

887,228

CAPITAL AND RESERVES

Called up share capital

450

450

Retained earnings

1,549,600

886,778

SHAREHOLDERS' FUNDS

1,550,050

887,228

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 2 September 2026 and were signed on its behalf by:

Dennis Malcolm Jones - Director

George Fry - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

On 1 October 2025 the directors sold the IP and equipment. The business will continue to decommission the Company's design and manufacturing facility, with the disposal of assets in an orderly fashion to fulfill the terms of the sale agreement. In these circumstances it is not appropriate to prepare the accounts on a going concern basis.

Turnover

Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Stocks

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

Research and development

Expenditure on research and development is written off in the year in which it is incurred.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

2.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2024 - 10 ) .

3.	PROPERTY, PLANT AND EQUIPMENT

Plant and

machinery

£

COST

At 1 January 2025

44,334

Disposals

(44,334

)

At 31 December 2025

-

DEPRECIATION

At 1 January 2025

31,916

Eliminated on disposal

(31,916

)

At 31 December 2025

-

NET BOOK VALUE

At 31 December 2025

-

At 31 December 2024

12,418

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/25

31/12/24

£

£

Trade debtors

-

34,170

Other debtors

854,003

-

VAT

2,039

5,849

856,042

40,019

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/25

31/12/24

£

£

Trade creditors

269

81,998

Tax

230,041

40,020

Social security and other taxes

-

6,264

Accrued expenses

5,800

1,875

236,110

130,157