Acorah Software Products - Accounts Production 19.3.600 false true true 31 December 2024 1 January 2024 false 1 January 2025 31 December 2025 31 December 2025 14311114 Mr Nathan Winch iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14311114 2024-12-31 14311114 2025-12-31 14311114 2025-01-01 2025-12-31 14311114 frs-core:CurrentFinancialInstruments 2025-12-31 14311114 frs-core:PlantMachinery 2025-12-31 14311114 frs-core:PlantMachinery 2025-01-01 2025-12-31 14311114 frs-core:PlantMachinery 2024-12-31 14311114 frs-core:SharePremium 2025-12-31 14311114 frs-core:ShareCapital 2025-12-31 14311114 frs-core:RetainedEarningsAccumulatedLosses 2025-12-31 14311114 frs-bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 14311114 frs-bus:FilletedAccounts 2025-01-01 2025-12-31 14311114 frs-bus:SmallEntities 2025-01-01 2025-12-31 14311114 frs-bus:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 14311114 frs-bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 14311114 frs-bus:Director1 2025-01-01 2025-12-31 14311114 frs-bus:Director1 2024-12-31 14311114 frs-bus:Director1 2025-12-31 14311114 frs-countries:EnglandWales 2025-01-01 2025-12-31 14311114 2023-12-31 14311114 2024-12-31 14311114 2024-01-01 2024-12-31 14311114 frs-core:CurrentFinancialInstruments 2024-12-31 14311114 frs-core:SharePremium 2024-12-31 14311114 frs-core:ShareCapital 2024-12-31 14311114 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31
Registered number: 14311114
Giga Power (UK) Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2025
Elementary Accountancy Services Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 14311114
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 47,298 45,292
47,298 45,292
CURRENT ASSETS
Debtors 5 39,921 10,358
Cash at bank and in hand 11 1,165
39,932 11,523
Creditors: Amounts Falling Due Within One Year 6 (89,069 ) (48,004 )
NET CURRENT ASSETS (LIABILITIES) (49,137 ) (36,481 )
TOTAL ASSETS LESS CURRENT LIABILITIES (1,839 ) 8,811
NET (LIABILITIES)/ASSETS (1,839 ) 8,811
CAPITAL AND RESERVES
Called up share capital 8 2 2
Share premium account 19,999 19,999
Profit and Loss Account (21,840 ) (11,190 )
SHAREHOLDERS' FUNDS (1,839) 8,811
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For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Nathan Winch
Director
24/09/2026
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Giga Power (UK) Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14311114 . The registered office is 9 Station Road, Barnsley, S71 4EW.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
The functional and presentational currency of the company is Sterling. The accounts are rounded to the nearest pound.
2.2. Going Concern Disclosure
The director has not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern. The company has made a loss during the year but is a new start up company in the early stages of trading and has the full support of the parent company who is the main creditor. 
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover relates to the provision of electric vehicle charging at public charging points and is recognised in line with usage of the machines by the customer. 
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Cost includes all costs associated with getting the asset to a stage where it is operating as intended. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 10% straight line
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: 1)
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4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 January 2025 49,047
Additions 33,729
Disposals (27,302 )
As at 31 December 2025 55,474
Depreciation
As at 1 January 2025 3,755
Provided during the period 4,876
Disposals (455 )
As at 31 December 2025 8,176
Net Book Value
As at 31 December 2025 47,298
As at 1 January 2025 45,292
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 4,500 7,210
Prepayments and accrued income 4,079 3,104
Director's loan account 250 -
Amounts owed by group undertakings 31,092 44
39,921 10,358
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 1,268 639
Other creditors 778 -
Accruals and deferred income 900 870
Amounts owed to parent undertaking 86,123 46,495
89,069 48,004
7. Deferred Taxation
Tax losses of £53,500 (2024: £45,975) are available to carry forward to the following period but these have not been provided for in the accounts as there is no certainty of future profits. There are also timing differences which create a potential liability of £4,350 (2023: £4,636) this has not been provided within the accounts due to the overall net asset position. 
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8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 2 2
9. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 January 2025 Amounts advanced Amounts repaid Amounts written off As at 31 December 2025
£ £ £ £ £
Mr Nathan Winch - 250 - - -
The above loan is unsecured, interest free and repayable on demand.
10. Related Party Transactions
At the year end, £31,092 (2024: £44) was owed from entities under the same control as this entity. These balances are interest free and have no fixed repayment terms. 
Included within Trade Debtors is a balance of £4,500 (2024: £7,210) owed to entities under the same control as this entity. 
Turnover includes £9,620 (2024: £7,825) of sales to entities under the same control as this entity. 
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