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REGISTERED NUMBER: 13911341 (England and Wales)












Financial Statements

for the Year Ended 31 December 2023

for

ESG BIDCO1 Ltd

ESG BIDCO1 Ltd (Registered number: 13911341)






Contents of the Financial Statements
for the year ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


ESG BIDCO1 Ltd

Company Information
for the year ended 31 December 2023







DIRECTORS: C M Bartholomew
D Curnock
J T Sapak





REGISTERED OFFICE: 71-75 Shelton Street
Covent Garden
London
WC2H 9JQ





REGISTERED NUMBER: 13911341 (England and Wales)





AUDITORS: Clayton & Brewill
Statutory Auditors and
Chartered Accountants
Cawley House
149-155 Canal Street
Nottingham
Nottinghamshire
NG1 7HR

ESG BIDCO1 Ltd (Registered number: 13911341)

Balance Sheet
31 December 2023

31/12/23 31/12/22
as restated
Notes £    £    £    £   
FIXED ASSETS
Investments 4 4,474,310 4,474,310

CURRENT ASSETS
Debtors 5 1 1

CREDITORS
Amounts falling due within one year 6 4,209,222 4,209,222
NET CURRENT LIABILITIES (4,209,221 ) (4,209,221 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

265,089

265,089

CREDITORS
Amounts falling due after more than
one year

7

265,088

265,088
NET ASSETS 1 1

CAPITAL AND RESERVES
Called up share capital 1 1
1 1

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 Board of Directors and authorised for issue on 20 August 2024 and were signed on its behalf by:





C M Bartholomew - Director


ESG BIDCO1 Ltd (Registered number: 13911341)

Notes to the Financial Statements
for the year ended 31 December 2023

1. STATUTORY INFORMATION

ESG BIDCO1 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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

4. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 January 2023
and 31 December 2023 4,474,310
NET BOOK VALUE
At 31 December 2023 4,474,310
At 31 December 2022 4,474,310

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Hambleton Steel Group Limited
Registered office: Gatherley Road, Brompton on Swale, Richmond, North Yorkshire, DL10 5SF
Nature of business: Contruction
%
Class of shares: holding
Ordinary 100.00

ESG BIDCO1 Ltd (Registered number: 13911341)

Notes to the Financial Statements - continued
for the year ended 31 December 2023

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/12/23 31/12/22
as restated
£    £   
Other debtors 1 1

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/12/23 31/12/22
as restated
£    £   
Amounts owed to group undertakings 4,209,222 4,209,222

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31/12/23 31/12/22
as restated
£    £   
Other creditors 265,088 265,088

8. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Douglas Perry FCA (Senior Statutory Auditor)
for and on behalf of Clayton & Brewill

9. ULTIMATE CONTROLLING PARTY

The company is controlled by its immediate parent company, Embrace Steel Group Limited, a
company incorporated in England and Wales (company number 12939220). This is by virtue of its
holding 100% of the issued share capital in the company.

The ultimate controlling party is J Hacker by virtue of his majority shareholding in the ultimate
parent company, Catalyst Ventures Ltd.A copy of the consolidated accounts can be obtained from
the registered office.