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REGISTERED NUMBER: 14992298 (England and Wales)















REPORT OF THE DIRECTORS AND

UNAUDITED FINANCIAL STATEMENTS FOR THE PERIOD 10 JULY 2023 TO 31 DECEMBER 2024

FOR

BRACO ENERGY STORAGE HOLDING LIMITED

BRACO ENERGY STORAGE HOLDING LIMITED (REGISTERED NUMBER: 14992298)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 10 JULY 2023 TO 31 DECEMBER 2024




Page

Company Information 1

Report of the Directors 2

Income Statement 3

Balance Sheet 4

Notes to the Financial Statements 6


BRACO ENERGY STORAGE HOLDING LIMITED

COMPANY INFORMATION
FOR THE PERIOD 10 JULY 2023 TO 31 DECEMBER 2024







Directors: D R Weeks
J B Williams





Registered office: C/o Foresight Group Llp The Shard
32 London Bridge Street
London
SE1 9SG





Registered number: 14992298 (England and Wales)

BRACO ENERGY STORAGE HOLDING LIMITED (REGISTERED NUMBER: 14992298)

REPORT OF THE DIRECTORS
FOR THE PERIOD 10 JULY 2023 TO 31 DECEMBER 2024

The directors present their report with the financial statements of the company for the period 10 July 2023 to 31 December 2024.

Incorporation
The company was incorporated on 10 July 2023 .

Principal activity
The principal activity of the company in the year under review was that of a holding company.

Directors
The directors who have held office during the period from 10 July 2023 to the date of this report are as follows:

D R Weeks - appointed 10 July 2023
J B Williams - appointed 10 July 2023

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

On behalf of the board:





D R Weeks - Director


10 April 2025

BRACO ENERGY STORAGE HOLDING LIMITED (REGISTERED NUMBER: 14992298)

INCOME STATEMENT
FOR THE PERIOD 10 JULY 2023 TO 31 DECEMBER 2024

£

Turnover -

Administrative expenses (6,244 )
Operating loss (6,244 )

Interest receivable and similar income 167,509
161,265

Interest payable and similar expenses (786,161 )
Loss before taxation (624,896 )

Tax on loss -
Loss for the financial period (624,896 )

BRACO ENERGY STORAGE HOLDING LIMITED (REGISTERED NUMBER: 14992298)

BALANCE SHEET
31 DECEMBER 2024

Notes £
Fixed assets
Investments 3 9,059,309

Current assets
Debtors 4 167,510

Creditors
Amounts falling due within one year 5 (792,405 )
Net current liabilities (624,895 )
Total assets less current liabilities 8,434,414

Creditors
Amounts falling due after more than one year 6 (7,247,448 )
Net assets 1,186,966

Capital and reserves
Called up share capital 1,286
Share premium 1,810,576
Retained earnings (624,896 )
1,186,966

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

BRACO ENERGY STORAGE HOLDING LIMITED (REGISTERED NUMBER: 14992298)

BALANCE SHEET - continued
31 DECEMBER 2024


The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 10 April 2025 and were signed on its behalf by:





D R Weeks - Director


BRACO ENERGY STORAGE HOLDING LIMITED (REGISTERED NUMBER: 14992298)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 10 JULY 2023 TO 31 DECEMBER 2024

1. Statutory information

Braco Energy Storage Holding Limited 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.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

3. Fixed asset investments

£
Shares in group undertakings 7,244,203
Loans to group undertakings 1,815,106
9,059,309

Additional information is as follows:
Shares in
group
undertakings
£
Cost
Additions 7,244,203
At 31 December 2024 7,244,203
Net book value
At 31 December 2024 7,244,203
Loans to
group
undertakings
£
New in year 1,815,106
At 31 December 2024 1,815,106

4. Debtors: amounts falling due within one year
£
Other debtors 1
Interest receivable 167,509
167,510

BRACO ENERGY STORAGE HOLDING LIMITED (REGISTERED NUMBER: 14992298)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 10 JULY 2023 TO 31 DECEMBER 2024

5. Creditors: amounts falling due within one year
£
Interest payable 786,161
Accruals and deferred income 6,244
792,405

6. Creditors: amounts falling due after more than one year
£
Other loans more 5yrs instal 7,247,448

Amounts falling due in more than five years:

Repayable by instalments
Other loans more 5yrs instal 7,247,448

7. Related party disclosures

At 31 December 2024, Braco Energy Storage Holding Limited was a fully owned subsidiary of Foresight Energy Infrastructure Partners 1 S.À R.L, a company resident in Luxembourg.

A shareholder loan of £7,247,448 was owed to Foresight Energy Infrastructure Partners 1 S.À R.L. There is interest outstanding on the loan provided of £786,161at the end of the period, this balance is included in the interest payable balance within creditors due within a year. Interest of £786,161 was incurred in the period on the loan provided.

At 31 December 2024, Braco Energy Storage Holding Limited owned 100% of the share capital of Braco Energy Storage Limited.

A shareholder loan of £1,815,106 was owed from Braco Energy Storage Limited. There is interest outstanding on the loan provided of £167,509 at the end of the period, this balance is included in the interest receivable balance within debtors due within a year. Interest of £167,509 was incurred in the period on the loan provided.