Reaper Energy Limited 31/12/2024 iXBRL

Company registration number: 08519526

Reaper Energy Limited

Unaudited filleted financial statements

31 December 2024

Reaper Energy Limited

Contents

Directors and other information

Accountants report

Statement of financial position

Statement of changes in equity

Notes to the financial statements

Reaper Energy Limited

Directors and other information


	Director	Mr. C. B. Mowforth


	Company number	08519526


	Registered office	Mount Pleasant
		Spaldington
		Goole
		East Yorkshire
		DN14 7NP


	Accountants	Sharp Addy & Train
		23 Albion Street
		Hull
		East Yorkshire
		HU1 3TG

Reaper Energy Limited

Report to the director on the preparation of the

unaudited statutory financial statements of Reaper Energy Limited

Year ended 31 December 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Reaper Energy Limited for the year ended 31 December 2024 which comprise the statement of financial position, statement of changes in equity and related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants , we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/ professional-standards/ rules-standards/acca-rulebook.html.

This report is made solely to the director of Reaper Energy Limited, as a body, in accordance with the terms of our engagement letter dated 8 September 2025. Our work has been undertaken solely to prepare for your approval the financial statements of Reaper Energy Limited and state those matters that we have agreed to state to them, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at https://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/tf-163-jan-24.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Reaper Energy Limited and its director as a body for our work or for this report.

It is your duty to ensure that Reaper Energy 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 Reaper Energy Limited. You consider that Reaper Energy 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 Reaper Energy 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.

Sharp Addy & Train

Chartered Certified Accountants

23 Albion Street

Hull

East Yorkshire

HU1 3TG

8 September 2025

Reaper Energy Limited

Statement of financial position

31 December 2024

		2024		2023
	Note	£	£	£	£

Fixed assets
Investments	5	2,151,760		-
		_______		_______
			2,151,760		-

Current assets
Cash at bank and in hand		299		367
		_______		_______
		299		367
Creditors: amounts falling due
within one year	6	( 920)		( 820)
		_______		_______
Net current liabilities			( 621)		( 453)
			_______		_______
Total assets less current liabilities			2,151,139		( 453)

			_______		_______
Net assets/(liabilities)			2,151,139		( 453)
			_______		_______

Capital and reserves
Called up share capital			2,151,762		2
Profit and loss account			( 623)		( 455)
			_______		_______
Shareholders funds/(deficit)			2,151,139		( 453)
			_______		_______

For the year ending 31 December 2024 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 their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

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 statement of comprehensive income has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 08 September 2025 , and are signed on behalf of the board by:

Mr. C. B. Mowforth

Director

Company registration number: 08519526

Reaper Energy Limited

Statement of changes in equity

Year ended 31 December 2024

	Called up share capital	Profit and loss account	Total
	£	£	£


At 1 January 2023	2	( 305)	( 303)

Loss for the year		( 150)	( 150)
	_______	_______	_______
Total comprehensive income for the year	-	( 150)	( 150)

	_______	_______	_______
At 31 December 2023 and 1 January 2024	2	( 455)	( 453)

Loss for the year		( 168)	( 168)
	_______	_______	_______
Total comprehensive income for the year	-	( 168)	( 168)

Issue of shares	2,151,760		2,151,760
	_______	_______	_______
Total investments by and distributions to owners	2,151,760	-	2,151,760

	_______	_______	_______
At 31 December 2024	2,151,762	( 623)	2,151,139
	_______	_______	_______

Reaper Energy Limited

Notes to the financial statements

Year ended 31 December 2024

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Mount Pleasant, Spaldington, Goole, East Yorkshire, DN14 7NP.

2. Statement of compliance

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

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, 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.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Fixed asset investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses. Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.

Financial instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment. Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 1 (2023: 1 ).

5. Investments

	Shares in group undertakings and participating interests	Total
	£	£
Cost
At 1 January 2024	-	-
Additions	2,151,760	2,151,760
	_______	_______
At 31 December 2024	2,151,760	2,151,760
	_______	_______
Impairment
At 1 January 2024 and 31 December 2024	-	-
	_______	_______
Carrying amount
At 31 December 2024	2,151,760	2,151,760
	_______	_______
At 31 December 2023	-	-
	_______	_______

The company owns 100 Shares in Spaldington Holdings Limited.

6. Creditors: amounts falling due within one year

	2024	2023
	£	£
Other creditors	920	820
	_______	_______

The directors loan account is unsecured, interest free and repayable on demand.