Boultbee Brooks Energy Storage Limited Company accounts

COMPANY REGISTRATION NUMBER: 13444108

Boultbee Brooks Energy Storage Limited

Unaudited Financial Statements

31 December 2024

Boultbee Brooks Energy Storage Limited

Financial Statements

Year ended 31 December 2024

Contents	Page

Directors' report	1

Statement of comprehensive income	3

Statement of financial position	4

Statement of changes in equity	5

Notes to the financial statements	6

Boultbee Brooks Energy Storage Limited

Directors' Report

Year ended 31 December 2024

The directors present their report and the unaudited financial statements of the company for the year ended 31 December 2024 .

Principal activities

The principal activity of the company during the period was that of a holding company for a group enagaged in development of battery storages sites with a view to storing and selling electricity.

Directors

The directors who served the company during the year were as follows:

H. Brown
L. Roberts
N. Barber
R. James
C.E. Boultbee Brooks

Small company provisions

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.

This report was approved by the board of directors on 24 September 2025 and signed on behalf of the board by:

L. Roberts

Director

Registered office:

Formal House

60 St Georges Place

Cheltenham

GL50 3PN

Boultbee Brooks Energy Storage Limited

Statement of Comprehensive Income

Year ended 31 December 2024

	2024	2023
Note	£	£
Cost of sales	525,841	58,532
	---------	--------
Gross loss	( 525,841)	( 58,532)

Administrative expenses	71,433	80,861
	---------	---------
Operating loss	( 597,274)	( 139,393)

Interest payable and similar expenses	530,046	21,272
	------------	---------
Loss before taxation	( 1,127,320)	( 160,665)

Tax on loss	–	–
	------------	---------
Loss for the financial year and total comprehensive income	( 1,127,320)	( 160,665)
	------------	---------

All the activities of the company are from continuing operations.

The company has no other recognised items of income and expenses other than the results for the year as set out above.

Boultbee Brooks Energy Storage Limited

Statement of Financial Position

31 December 2024

	2024	2023
Note	£	£

Fixed assets

Investments	4	2,362	6

Current assets

Debtors	5	399,293	498,952
Cash at bank and in hand		7,523	2,977
		---------	---------
		406,816	501,929

Creditors: amounts falling due within one year	6	1,951,289	916,735
		------------	---------
Net current liabilities		1,544,473	414,806
		------------	---------
Total assets less current liabilities		( 1,542,111)	( 414,800)
		------------	---------

Capital and reserves

Called up share capital	10	1
Profit and loss account	( 1,542,121)	( 414,801)
	------------	---------
Shareholders deficit	( 1,542,111)	( 414,800)
	------------	---------

These financial statements have been prepared 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'.

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.

Directors' 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 24 September 2025 , and are signed on behalf of the board by:

L. Roberts

Director

Company registration number: 13444108

Boultbee Brooks Energy Storage Limited

Statement of Changes in Equity

Year ended 31 December 2024

	Called up share capital	Profit and loss account	Total
	£	£	£
At 1 January 2023	1	( 254,136)	( 254,135)

Loss for the year		( 160,665)	( 160,665)
	----	---------	---------
Total comprehensive income for the year	–	( 160,665)	( 160,665)

At 31 December 2023	1	( 414,801)	( 414,800)

Loss for the year		( 1,127,320)	( 1,127,320)
	----	------------	------------
Total comprehensive income for the year	–	( 1,127,320)	( 1,127,320)

Issue of shares	9	–	9
	----	----	----
Total investments by and distributions to owners	9	–	9

	----	------------	------------
At 31 December 2024	10	( 1,542,121)	( 1,542,111)
	----	------------	------------

Boultbee Brooks Energy Storage 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 Formal House, 60 St Georges Place, Cheltenham, GL50 3PN.

2. Statement of compliance

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

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

The company had net liabilities of £1,542,111. It has secured the continuing support of its creditors and will remain a going concern for the foreseeable future.

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Impairment of fixed assets

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.

Financial instruments

A financial asset or a financial liability is recognised only when the entity 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.

4. Investments

	Shares in group undertakings
	£
Cost
At 1 January 2024	6
Additions	2,356
	-------
At 31 December 2024	2,362
	-------
Impairment
At 1 January 2024 and 31 December 2024	–
	-------

Carrying amount
At 31 December 2024	2,362
	-------
At 31 December 2023	6
	-------

5. Debtors

	2024	2023
	£	£
Trade debtors	960	–
Amounts owed by group undertakings and undertakings in which the company has a participating interest	389,980	16,960
Other debtors	8,353	481,992
	---------	---------
	399,293	498,952
	---------	---------

6. Creditors: amounts falling due within one year

	2024	2023
	£	£
Trade creditors	50,888	72,740
Amounts owed to group undertakings and undertakings in which the company has a participating interest	1,891,511	843,995
Other creditors	8,890	–
	------------	---------
	1,951,289	916,735
	------------	---------

7. Controlling party

The intermediate parent company was Boultbee Developments Limited and the ultimate parent was Boultbee Development Holdings Limited. Their registered office is; Formal House, 60 St Georges Place, Cheltenham, GL50 3PN.