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Registration number: 12575293

Nationwide Decarbonisation Services Limited

(formerly Verditek Solar Solutions Limited and Earnz Regeneration Limited)

Annual Report and Unaudited Financial Statements

for the Year Ended 31 December 2024

 

Nationwide Decarbonisation Services Limited

Contents

Balance Sheet

1

Notes to the Unaudited Financial Statements

2 to 3

 

Nationwide Decarbonisation Services Limited

(Registration number: 12575293)
Balance Sheet as at 31 December 2024

Note

2024
£

2023
£

Current assets

 

Debtors

4

1

1

Creditors: Amounts falling due within one year

5

(1,020)

-

Net (liabilities)/assets

 

(1,019)

1

Capital and reserves

 

Called up share capital

1

1

Retained earnings

(1,020)

-

Shareholders' (deficit)/funds

 

(1,019)

1

For the financial 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 accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 22 September 2025 and signed on its behalf by:
 

E J Lake
Director

   
     
 

Nationwide Decarbonisation Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The company was formerly known as Verditek Solar Solutions Limited and Earnz Regeneration Limited.

The address of its registered office is:
St James House First Floor
St James House
St James' Square
Cheltenham
Gloucestershire
GL50 3PR

These financial statements were authorised for issue by the Board on 22 September 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

These financial statements have been prepared in accordance with FRS 102 Section 1A for the first time, having previously been prepared under FRS 105. The transition has not resulted in any changes to the amounts reported in the financial statements.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements are prepared in sterling, which is the functional and presentational currency of the company, and rounded to the nearest £.

Going concern

The financial statements have been prepared on a going concern basis. As at the date of signing the financial statements, the directors confirm that the company is in a position to meet its liabilities for a period of 12 months and that there are no foreseeable events which may give rise to liabilities which exceeds the company’s ability to pay.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

 

Nationwide Decarbonisation Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

3

Staff numbers

The company had an average of 2 (2023 - 1) directors during the year.

The average number of persons employed by the company during the year was 0 (2023 - 0).

4

Debtors

Note

2024
£

2023
£

Amounts owed by related parties

6

1

1

 

1

1

5

Creditors

Due within one year

2024
£

2023
£

Accruals

1,020

-

6

Related party transactions

The company has taken advantage of the exemption available under section 1AC.35 of Financial Reporting Standard 102, not to disclose transactions with other wholly owned members of this group.

7

Parent and ultimate parent undertaking

The company's immediate and ultimate parent is Earnz Plc, incorporated in England and Wales.
 

The parent of the largest group in which these financial statements are consolidated is Earnz Plc, incorporated in England and Wales.

The address of Earnz Plc is:
St James House First Floor, St James House, St James' Square, Cheltenham, Gloucestershire, United Kingdom, GL50 3PR.