REGISTERED NUMBER: 15882301 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

6 AUGUST 2024 TO 31 DECEMBER 2024

FOR

NASEBY ENERGY HOLDINGS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

H P Sethi

I Barnard

REGISTERED OFFICE:

Cornelius Barton & Co

Alliance House 29-30

High Holborn

London

WC1V 6AZ

REGISTERED NUMBER:

15882301 (England and Wales)

ACCOUNTANTS:

Orcom Civvals Limited

Accountants

50 Seymour Street

London

W1H 7JG

FIXED ASSETS

Intangible assets

4

166,756

Tangible assets

5

775,969

942,725

CURRENT ASSETS

Debtors

6

624,115

Cash at bank

616,326

1,240,441

CREDITORS

Amounts falling due within one year

7

731,609

NET CURRENT ASSETS

508,832

TOTAL ASSETS LESS CURRENT LIABILITIES

1,451,557

CREDITORS

Amounts falling due after more than one year

8

1,467,851

NET LIABILITIES

(16,294

)

CAPITAL AND RESERVES

Called up share capital

9

10,001

Retained earnings

10

(26,295

)

SHAREHOLDERS' FUNDS

(16,294

)

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.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 September 2025 and were signed on its behalf by:

H P Sethi - Director

1.	STATUTORY INFORMATION

Naseby Energy Holdings 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2024, is being amortised evenly over its estimated useful life of fifteen years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

33.33% straight line

The cost of Assets under construction comprise of fees and searches in connection with land, planning permits, grid connections costs and amounts payable to third party contractors, etc that are all directly attributable to the setting up and construction of utility projects for electricity and telecommunications. These are stated at cost less accumulated depreciation and impairment losses.

The assets will be brought into use when construction is completed.

Depreciation will commence when the assets are brought into use. The anticipated useful life of the assets is between 10 to 20 years.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL.

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

Additions

169,511

At 31 December 2024

169,511

AMORTISATION

Amortisation for period

2,755

At 31 December 2024

2,755

NET BOOK VALUE

At 31 December 2024

166,756

5.	TANGIBLE FIXED ASSETS

Assets

under

Computer

construction

equipment

Totals

£

£

£

COST

Additions

775,121

898

776,019

At 31 December 2024

775,121

898

776,019

DEPRECIATION

Charge for period

-

50

50

At 31 December 2024

-

50

50

NET BOOK VALUE

At 31 December 2024

775,121

848

775,969

6.

DEBTORS

£

Amounts falling due within one year:

Other debtors

42,368

VAT

137,970

Prepayments

1,290

181,628

Amounts falling due after more than one year:

Amounts owed by group undertakings

442,487

Aggregate amounts

624,115

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade creditors

3,600

Directors' current accounts

539,999

Accrued expenses

188,010

731,609

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

£

Other loans - 1-2 years

1,467,851

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

10,001

Ordinary

£1

10,001

10,001 Ordinary shares of £1 each were allotted and fully paid for cash at par during the period.

10.

RESERVES

Retained

earnings

£

Deficit for the period

(26,295

)

At 31 December 2024

(26,295

)

11.	RELATED PARTY DISCLOSURES

12.	POST BALANCE SHEET EVENTS

Naseby Energy Holdings Limited issued 89,999 and 33,710 ordinary shares of £1 each at a premium in July and September 2025 respectively. The total share premium arising on the issues amounted to £1,923,290.

13.	ULTIMATE CONTROLLING PARTY