Registered Number 03820315

ENGIE IMPACT UK LIMITED

Micro-entity Accounts

31 December 2023

ENGIE IMPACT UK LIMITED Registered Number 03820315

Micro-entity Balance Sheet as at 31 December 2023

Notes 2023 2022
£ £
Called up share capital not paid
-
-
Fixed Assets
-
-
Current Assets
792,300
792,300
Prepayments and accrued income
-
-
Creditors: amounts falling due within one year
0
0
Net current assets (liabilities)
792,300
792,300
Total assets less current liabilities
792,300
792,300
Creditors: amounts falling due after more than one year
0
0
Provisions for liabilities
0
0
Accruals and deferred income
0
0
Total net assets (liabilities)
792,300
792,300
Capital and reserves
792,300
792,300
  • For the year ending 31 December 2023 the company was entitled to exemption 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.
  • The accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 26 November 2024

And signed on their behalf by:
James Summerbell, Director

ENGIE IMPACT UK LIMITED Registered Number 03820315

Notes to the Micro-entity Accounts for the period ended 31 December 2023

1Employees
2023 2022
Average number of employees during the period 0 0
2Off balance sheet arrangements
As part of an intra group re-organisation, RED Engineering Design Limited agreed with Engie Impact
UK Limited to transfer, on 1st April 2024, the business focusing on carbon data management and
decarbonisation strategy and implementation, carried out by RED Engineering Design Limited under
the trading names “ENGIE Impact” and “C3ntinel”, with all intangible assets in relation to the business transferred. The business was transferred at a value of £2,167,807.

As part of the business transfer, the intercompany loan granted by Engie Impact UK Limited to RED
Engineering Design Limited in 2022 amounting £792,300 was fully repaid. The consideration in cash
for the business transferred amounted £1,375,507.

Following the business transfer, on 22nd July 2024, the Board of Directors of Power Efficiency
Holdings Limited, owner at 100% of Engie Impact UK Limited, approved a capital contribution in its
subsidiary of £7,000,000 (paid up as to the nominal value of £1 and the remainder to share premium).