Power Computing Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 02133884

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		11,753		14,429

			11,753		14,429
CURRENT ASSETS
Stocks	5	40,200		40,181
Debtors	6	51,698		120,850
Cash at bank and in hand		58,155		35,216

		150,053		196,247
Creditors: Amounts Falling Due Within One Year	7	(122,071 )		(163,172 )

NET CURRENT ASSETS (LIABILITIES)			27,982		33,075

TOTAL ASSETS LESS CURRENT LIABILITIES			39,735		47,504

Creditors: Amounts Falling Due After More Than One Year	8		(18,153 )		(23,704 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(1,248 )		(1,418 )

NET ASSETS			20,334		22,382

CAPITAL AND RESERVES
Called up share capital	9		100		100
Profit and Loss Account			20,234		22,282

SHAREHOLDERS' FUNDS			20,334		22,382

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Power Computing Limited

Balance Sheet (continued)

As At 31 March 2026

For the year ending 31 March 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.

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 Tommaso Ianiri

Director

08/09/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Power Computing Limited is a private company, limited by shares, incorporated in England & Wales, registered number 02133884 . The registered office is 82a Singer Way, Woburn Ind Estate, Kempston, Bedford, MK42 7PU.

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.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. 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:

Leasehold	straight line over lease term
Plant & Machinery	15% reducing balance
Fixtures & Fittings	15% reducing balance
Computer Equipment	33% on cost

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

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 year 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.

...CONTINUED

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Power Computing Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

2.5. Taxation - continued

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 asset reflects 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 or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also 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: 4 (2025: 4)

4. Tangible Assets

	Land & Property
	Leasehold	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 April 2025	20,636	97,652	1,890	120,178
Additions	-	182	-	182

As at 31 March 2026	20,636	97,834	1,890	120,360

Depreciation
As at 1 April 2025	11,880	91,979	1,890	105,749
Provided during the period	1,994	864	-	2,858

As at 31 March 2026	13,874	92,843	1,890	108,607

Net Book Value
As at 31 March 2026	6,762	4,991	-	11,753

As at 1 April 2025	8,756	5,673	-	14,429

5. Stocks

	2026	2025
	£	£
Materials	40,200	40,181

6. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	17,704	44,374
Prepayments and accrued income	4,766	4,597
Other debtors	10,000	10,000
Other debtors - short term loan	-	61,879
Directors' loan accounts	19,228	-

	51,698	120,850

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Power Computing Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

7. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	41,705	84,225
Bank loans and overdrafts	7,160	8,515
Corporation tax	33,780	20,750
Other taxes and social security	2,971	3,169
VAT	12,448	16,101
Other creditors - Pension payable	147	169
Other creditors - Company credit card	733	6,115
Directors' loan accounts	1,160	2,161
Amounts owed to associates	21,967	21,967

	122,071	163,172

8. Creditors: Amounts Falling Due After More Than One Year

	2026	2025
	£	£
Bank loans	18,153	23,704

9. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	100	100

10. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 April 2025	Amounts advanced	Amounts repaid	Amounts written off	As at 31 March 2026
	£	£	£	£	£
Mr Antonio Ianiri	(804 )	37,451	(26,844 )	-	9,803
Mrs Julia Ianiri	(743 )	35,980	(25,812 )	-	9,425

The above loan is unsecured, interest free and repayable on demand.

Dividends paid to directors

	2026	2025
	£	£
Mr Tommaso Ianiri	30,000	30,000
Mrs Julia Ianiri	25,000	17,300
Mr Antonio Ianiri	26,000	17,300

11. Related Party Transactions

Cloud Geeks Ltd

A company controlled by the directors

In creditors is an amount owing of £21,967 (2025 £21,967)

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