Power Tool Sales Ltd

Power Tool Sales Ltd Accountants' Report For the year ended 31 March 2026
Report to the directors on the preparation of the unaudited statutory accounts of Power Tool Sales Ltd for the year ended 31 March 2026. In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Power Tool Sales Ltd for the year ended 31 March 2026 which comprise of the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity 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 Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://rulebook.accaglobal.com/. This report is made solely to the Board of Directors of Power Tool Sales Ltd, as a body, in accordance with the terms of our engagement letter dated 18 August 2025. Our work has been undertaken solely to prepare for your approval the accounts of Power Tool Sales Ltd and state those matters that we have agreed to state to the Board of Directors of Power Tool Sales Ltd, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Power Tool Sales Ltd and its Board of Directors as a body for our work or for this report. It is your duty to ensure that Power Tool Sales Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Power Tool Sales Ltd. You consider that Power Tool Sales 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 accounts of Power Tool Sales 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 accounts 31 March 2026. .................................................... Dove Marsh & Jones 1 Crown Walk Jewry Street Winchester Hampshire SO23 8BB 19 October 2026 2

Power Tool Sales Ltd
Accountants' Report
For the year ended 31 March 2026

Report to the directors on the preparation of the unaudited statutory accounts of Power Tool Sales Ltd for the year ended 31 March 2026.
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Power Tool Sales Ltd for the year ended 31 March 2026 which comprise of the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity 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 Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at
http://rulebook.accaglobal.com/.
This report is made solely to the Board of Directors of Power Tool Sales Ltd, as a body, in accordance with the terms of our engagement letter dated 18 August 2025. Our work has been undertaken solely to prepare for your approval the accounts of Power Tool Sales Ltd and state those matters that we have agreed to state to the Board of Directors of Power Tool Sales Ltd, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Power Tool Sales Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Power Tool Sales Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Power Tool Sales Ltd. You consider that Power Tool Sales 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 accounts of Power Tool Sales 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 accounts
31 March 2026.

....................................................
Dove Marsh & Jones
1 Crown Walk
Jewry Street
Winchester
Hampshire
SO23 8BB
19 October 2026

Power Tool Sales Ltd
Statement of Financial Position
As at 31 March 2026

	Notes	2026 £	2025 £
Fixed assets
Tangible fixed assets	4	4,329	5,772
		4,329	5,772
Current assets
Stocks	5	38,631	35,467
Debtors	6	117,857	85,404
Cash at bank and in hand		446,658	563,880
		603,146	684,751
Creditors: amount falling due within one year	7	(205,739)	(252,581)
Net current assets		397,407	432,170

Total assets less current liabilities		401,736	437,942
Net assets		401,736	437,942

Capital and reserves
Called up share capital		200	200
Profit and loss account		401,536	437,742
Shareholders' funds		401,736	437,942

For the year ended 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's 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.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 to the Registrar of Companies.

The financial statements were approved by the director on 19 October 2026 and were signed by:

-------------------------------
Mrs R Lathey
Director

Power Tool Sales Ltd
Notes to the Financial Statements
For the year ended 31 March 2026

General Information

Power Tool Sales Ltd is a private company, limited by shares, registered in England and Wales, registration number 04395867, registration address 504-506 Portswood Road, Portswood, Southampton, Hampshire, SO17 3SP.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Foreign currencies

Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rate of exchange ruling at the statement of financial position date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All foreign exchange differences are included to the income statement.

Intangible assets

Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.

Goodwill
Acquired goodwill is stated at cost less amortisation. Amortisation is calculated on a straight line basis over the estimated expected useful economic life of the goodwill of 20 years.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Computer Equipment	25% Straight Line
Fixtures and Fittings	25% Reducing Balance
Land and Buildings	20 Years Straight Line
Motor Vehicles	25% Reducing Balance
Plant and Machinery	25% Reducing Balance

Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

2.	Average number of employees Average number of employees during the year was 11 (2025 : 11).

Intangible fixed assets

Cost	Goodwill	Total
	£	£
At 01 April 2025	200,000	200,000
Additions	-	-
Disposals	-	-
At 31 March 2026	200,000	200,000
Amortisation
At 01 April 2025	200,000	200,000
Charge for year	-	-
On disposals	-	-
At 31 March 2026	200,000	200,000
Net book values
At 31 March 2026	-	-
At 31 March 2025	-	-

Tangible fixed assets

Cost or valuation	Land and Buildings	Plant and Machinery	Motor Vehicles	Fixtures and Fittings	Computer Equipment	Total
	£	£	£	£	£	£
At 01 April 2025	25,162	40,872	28,460	14,398	6,577	115,469
Additions	-	-	-	-	-	-
Disposals	-	-	-	-	-	-
At 31 March 2026	25,162	40,872	28,460	14,398	6,577	115,469
Depreciation
At 01 April 2025	25,162	36,305	27,478	14,175	6,577	109,697
Charge for year	-	1,142	245	56	-	1,443
On disposals	-	-	-	-	-	-
At 31 March 2026	25,162	37,447	27,723	14,231	6,577	111,140
Net book values
Closing balance as at 31 March 2026	-	3,425	737	167	-	4,329
Opening balance as at 01 April 2025	-	4,567	982	223	-	5,772

Stocks

	2026 £		2025 £
Stocks	38,631		35,467
	38,631		35,467

Debtors: amounts falling due within one year

	2026 £	2025 £
Trade Debtors	93,398	84,766
Prepayments & Accrued Income	1,169	638
Other Debtors	18,000	-
Corporation Tax	5,290	-
	117,857	85,404

Creditors: amount falling due within one year

	2026 £	2025 £
Trade Creditors	135,213	161,645
Corporation Tax	-	20,654
PAYE & Social Security	6,954	5,468
Accrued Expenses	5,030	4,926
Other Creditors	16,781	18,283
Directors' Current Accounts	22,308	26,212
VAT	19,453	15,393
	205,739	252,581