H CAPITAL LTD.

Company Registration Number:
10873861 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2024

Period of accounts

Start date: 01 January 2024

End date: 31 December 2024

H CAPITAL LTD.

Contents of the Financial Statements

for the Period Ended 31 December 2024

Balance sheet
Notes

H CAPITAL LTD.

Balance sheet

As at 31 December 2024


Notes
2024
2023


£
£
Called up share capital not paid: 1 1
Fixed assets
Intangible assets: 3 55,118 521,952
Tangible assets: 4 2,374 2,352
Investments: 5 95,969 52,478
Total fixed assets: 153,461 576,782
Current assets
Stocks: 404,696 135,322
Debtors:   1,169,748 835,488
Cash at bank and in hand: 893,351 870,417
Total current assets: 2,467,795 1,841,227
Creditors: amounts falling due within one year:   (22,391) (76,654)
Net current assets (liabilities): 2,445,404 1,764,573
Total assets less current liabilities: 2,598,866 2,341,356
Creditors: amounts falling due after more than one year:   (2,513,884) (2,268,949)
Total net assets (liabilities): 84,982 72,407
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 84,981 72,406
Shareholders funds: 84,982 72,407

The notes form part of these financial statements

H CAPITAL LTD.

Balance sheet statements

For the year ending 31 December 2024 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 Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 17 September 2025
and signed on behalf of the board by:

Name: Dean Federman
Status: Director

The notes form part of these financial statements

H CAPITAL LTD.

Notes to the Financial Statements

for the Period Ended 31 December 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

H CAPITAL LTD.

Notes to the Financial Statements

for the Period Ended 31 December 2024

2. Employees

2024 2023
Average number of employees during the period 3 3

H CAPITAL LTD.

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Intangible Assets

Total
Cost £
At 01 January 2024 521,952
Disposals (459,546)
At 31 December 2024 62,406
Amortisation
At 01 January 2024 0
Charge for year 7,288
At 31 December 2024 7,288
Net book value
At 31 December 2024 55,118
At 31 December 2023 521,952

H CAPITAL LTD.

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Tangible Assets

Total
Cost £
At 01 January 2024 2,352
Additions 3,012
At 31 December 2024 5,364
Depreciation
At 01 January 2024 0
Charge for year 2,990
At 31 December 2024 2,990
Net book value
At 31 December 2024 2,374
At 31 December 2023 2,352

H CAPITAL LTD.

Notes to the Financial Statements

for the Period Ended 31 December 2024

5. Fixed investments

H Capital is a company investing in renewable energy, namely in Italy. The investments include: - 1 service company in Solar PV and BESS investments in Italy - 1 company owning shares in SPVs which own solar PV projects in Italy - 1 company involved in power trading in Italy Total fixed investments for the year amounted to £95,969

H CAPITAL LTD.

Notes to the Financial Statements

for the Period Ended 31 December 2024

6. Related party transactions

Name of the related party:
Relationship:
Subsidiary of H Capital LTD.
Description of the Transaction: Loan
£
Balance at 01 January 2024 0
Balance at 31 December 2024 1,238,702
Name of the related party:
Relationship:
Subsidiary of H Capital LTD.
Description of the Transaction: Management Service fees, IT Infrastructure & Service fees
£
Balance at 01 January 2024 260,715
Balance at 31 December 2024 248,985