REGISTERED NUMBER: 10942902 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2025

for

PLEAVIN POWER LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Chartered Accountants' Report

6

DIRECTOR:

J Pleavin

REGISTERED OFFICE:

Unit 1

Stadium Court

Stadium Road

Bromborough

Wirral

CH62 3QG

REGISTERED NUMBER:

10942902 (England and Wales)

ACCOUNTANTS:

LBW Chartered Accountants

Enterprise House

The Courtyard

Old Courthouse Road

Bromborough

Merseyside

CH62 4UE

FIXED ASSETS

Tangible assets

4

4,538,737

3,812,316

CURRENT ASSETS

Stocks

994,905

1,165,206

Debtors

5

1,341,966

1,721,505

Cash at bank

73,945

26,470

2,410,816

2,913,181

CREDITORS

Amounts falling due within one year

6

1,633,466

2,163,533

NET CURRENT ASSETS

777,350

749,648

TOTAL ASSETS LESS CURRENT LIABILITIES

5,316,087

4,561,964

CREDITORS

Amounts falling due after more than one year

7

3,876,948

3,223,420

NET ASSETS

1,439,139

1,338,544

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

10

1,439,039

1,338,444

SHAREHOLDERS' FUNDS

1,439,139

1,338,544

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 director acknowledges his 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 director and authorised for issue on 9 September 2026 and were signed by:

J Pleavin - Director

1.	STATUTORY INFORMATION

Pleavin Power Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover 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

-

10% on cost

Fixtures and fittings

-

10% on cost

Motor vehicles

-

20% on cost

Computer equipment

-

33% on cost

Stocks

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

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 23 (2024 - 22 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 January 2025

3,424,727

258,764

1,198,736

79,511

4,961,738

Additions

800,653

23,988

376,833

19,200

1,220,674

Disposals

-

-

(60,597

)

-

(60,597

)

At 31 December 2025

4,225,380

282,752

1,514,972

98,711

6,121,815

DEPRECIATION

At 1 January 2025

637,344

98,551

342,256

71,271

1,149,422

Charge for year

271,432

25,876

158,618

8,240

464,166

Eliminated on disposal

-

-

(30,510

)

-

(30,510

)

At 31 December 2025

908,776

124,427

470,364

79,511

1,583,078

NET BOOK VALUE

At 31 December 2025

3,316,604

158,325

1,044,608

19,200

4,538,737

At 31 December 2024

2,787,383

160,213

856,480

8,240

3,812,316

5.

DEBTORS

31.12.25

31.12.24

£

£

Amounts falling due within one year:

Trade debtors

951,740

1,475,134

Other debtors

290,847

108,350

1,242,587

1,583,484

Amounts falling due after more than one year:

Other debtors

99,379

138,021

Aggregate amounts

1,341,966

1,721,505

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Bank loans and overdrafts

128,812

102,641

Hire purchase contracts

523,308

795,051

Payments on account

-

270,532

Trade creditors

855,744

819,295

Taxation and social security

59,485

168,845

Other creditors

66,117

7,169

1,633,466

2,163,533

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.25

31.12.24

£

£

Bank loans

330,359

50,000

Hire purchase contracts

1,955,094

2,197,678

Other creditors

1,591,495

975,742

3,876,948

3,223,420

8.	SECURED DEBTS

The following secured debts are included within creditors:

31.12.25

31.12.24

£

£

Hire purchase contracts

2,478,402

2,992,729

The hire purchase creditor is secured on the individual assets concerned.

Included within other creditors is an amount owing to Close Invoice Finance of £510,492 (2024 - £713,920) which is secured on the customer debtor ledger.

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.25

31.12.24

value:

£

£

100

Ordinary

1

100

100

10.

RESERVES

Retained

earnings

£

At 1 January 2025

1,338,444

Profit for the year

206,595

Dividends

(106,000

)

At 31 December 2025

1,439,039

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Included in other creditors is an amount of £47 (2024 - £60 ) owing to the director Mr J Pleavin.

12.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is J Pleavin.

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Pleavin Power Ltd for the year ended 31 December 2025 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Pleavin Power Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Pleavin Power Ltd and state those matters that we have agreed to state to the director of Pleavin Power Ltd in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Pleavin Power Ltd and its director for our work or for this report.

It is your duty to ensure that Pleavin Power Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Pleavin Power Ltd. You consider that Pleavin Power Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Pleavin Power Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

LBW Chartered Accountants

Enterprise House

The Courtyard

Old Courthouse Road

Bromborough

Merseyside

CH62 4UE

9 September 2026