Power Commercial Savings Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 06821120

Power Commercial Savings Limited

Filleted Unaudited Financial Statements

28 February 2026

Power Commercial Savings Limited

Financial Statements

Year ended 28 February 2026

Contents	Page

Chartered accountant's report to the director on the preparation of the unaudited statutory financial statements	1

Statement of financial position	2

Notes to the financial statements	4

Power Commercial Savings Limited

Chartered Accountant's Report to the Director on the Preparation of the Unaudited Statutory Financial Statements of Power Commercial Savings Limited

Year ended 28 February 2026

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Power Commercial Savings Limited for the year ended 28 February 2026, which comprise the statement of financial position 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 at www.icaew.com/en/membership/regulations-standards-and-guidance. This report is made solely to the director of Power Commercial Savings Limited. Our work has been undertaken solely to prepare for your approval the financial statements of Power Commercial Savings Limited and state those matters that we have agreed to state to you in this report in accordance with ICAEW Technical Release 07/16 AAF as detailed at www.icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Power Commercial Savings Limited and its director for our work or for this report.

It is your duty to ensure that Power Commercial Savings Limited 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 loss of Power Commercial Savings Limited. You consider that Power Commercial Savings Limited 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 Power Commercial Savings Limited. 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.

WALTER HUNTER & CO LIMITED Chartered accountants

24 Bridge Street Newport South Wales NP20 4SF

4 November 2026

Power Commercial Savings Limited

Statement of Financial Position

28 February 2026

	2026		2025
Note	£	£	£

Current assets

Debtors	6	14,273	16,445
Cash at bank and in hand		5,542	39,149
		--------	--------
		19,815	55,594

Creditors: amounts falling due within one year	7	24,537		36,702
		--------		--------
Net current (liabilities)/assets			( 4,722)	18,892
			-------	--------
Total assets less current liabilities			( 4,722)	18,892

Creditors: amounts falling due after more than one year	8	–	5,833
		-------	--------
Net (liabilities)/assets		( 4,722)	13,059
		-------	--------

Capital and reserves

Called up share capital	2	2
Profit and loss account	( 4,724)	13,057
	-------	--------
Shareholders (deficit)/funds	( 4,722)	13,059
	-------	--------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the income statement has not been delivered.

For the year ending 28 February 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 financial statements for the year in question in accordance with section 476 ;

- The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Power Commercial Savings Limited

Statement of Financial Position (continued)

28 February 2026

These financial statements were approved by the board of directors and authorised for issue on 4 November 2026 , and are signed on behalf of the board by:

Miss P Lin
Director

Company registration number: 06821120

Power Commercial Savings Limited

Notes to the Financial Statements

Year ended 28 February 2026

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 68 Commercial Road, Machen, Caerphilly, CF83 8PG.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

The company is currently dormant with no plans to recommence trading in the foreseeable future. The financial statements are prepared on a going concern basis, as the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future (at least 12 months from the date of approval of these financial statements). In making this assessment, the directors have also considered what the valuation or classification of assets and liabilities would be if the financial statements were prepared on a break-up (liquidation) basis. Based on this review, the directors note that the carrying values of the company's assets closely reflect their estimated recoverable or realisable amounts, and liabilities are stated at their expected settlement amounts. Consequently, the measurement and recognition of assets and liabilities would not be materially different if the financial statements were prepared on a break-up basis.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that may affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

	Offfice equipment	-	25% straight line

Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities. Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability. Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 2 (2025: 2 ).

5. Tangible assets

	Equipment	Total
	£	£
Cost
At 1 March 2025 and 28 February 2026	6,285	6,285
	-------	-------
Depreciation
At 1 March 2025 and 28 February 2026	6,285	6,285
	-------	-------
Carrying amount
At 28 February 2026	–	–
	-------	-------
At 28 February 2025	–	–
	-------	-------

6. Debtors

	2026	2025
	£	£
Other debtors	14,273	16,445
	--------	--------

7. Creditors: amounts falling due within one year

	2026	2025
	£	£
Bank loans and overdrafts	5,833	10,000
Other creditors	18,704	26,702
	--------	--------
	24,537	36,702
	--------	--------

8. Creditors: amounts falling due after more than one year

	2026	2025
	£	£
Bank loans and overdrafts	–	5,833
	----	-------

9. Director's advances, credits and guarantees

During the year the director entered into the following advances and credits with the company:

	2026
	Balance brought forward	Advances/ (credits) to the director	Amounts repaid	Balance outstanding
	£	£	£	£
Miss P Lin	( 13,713)	( 312)	5,221	( 8,804)
	--------	----	-------	-------

	2025
	Balance brought forward	Advances/ (credits) to the director	Amounts repaid	Balance outstanding
	£	£	£	£
Miss P Lin	( 19,650)	( 1,902)	7,839	( 13,713)
	--------	-------	-------	--------

10. Related party transactions

The company was under the control of Miss P Lin during this and the previous financial year. Miss Lin is the managing director and together with her husband owns 100% of the issued share capital of the company. No transactions with related parties were undertaken such as are required to be disclosed under FRS 102.