REGISTERED NUMBER: 09654220 (England and Wales)

UA ENERGY LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

to

4

DIRECTORS:

D J Bryan

G H Fraser-Sampson

A G Hankinson

A C Homer

A W King

SECRETARY:

S A Dawson

REGISTERED OFFICE:

4th Floor Of The Hub

Navigation Wharf

Carre Street

Sleaford

Lincolnshire

NG34 7TW

REGISTERED NUMBER:

09654220 (England and Wales)

AUDITORS:

Duncan & Toplis Audit Limited, Statutory Auditor

18 Northgate

Sleaford

Lincolnshire

NG34 7BJ

FIXED ASSETS

Investments

4

2,000,000

2,000,000

CREDITORS

Amounts falling due within one year

5

411,567

63,180

NET CURRENT LIABILITIES

(411,567

)

(63,180

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,588,433

1,936,820

CREDITORS

Amounts falling due after more than one year

6

250,000

575,000

NET ASSETS

1,338,433

1,361,820

CAPITAL AND RESERVES

Called up share capital

7

4,573

4,573

Share premium

1,352,427

1,352,427

Retained earnings

(18,567

)

4,820

SHAREHOLDERS' FUNDS

1,338,433

1,361,820

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 26 September 2025 and were signed on its behalf by:

A G Hankinson - Director

1.	STATUTORY INFORMATION

UA Energy 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.

Preparation of consolidated financial statements

The financial statements contain information about UA Energy Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Financial instruments

The company has chosen to adopt the FRS102 1A in respect of financial instruments.

Basic financial assets, including trade and other debtors and cash and bank balances are initially recognised at transaction price, unless the arrangement constitute a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

At the end of each reporting period, financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired, the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset's original effective interest rate. The impairment loss is recognised in the income statement.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Going concern

Whilst the company has negative retained earnings, the accounts have been prepared on a going concern basis as the subsidiary, Utility Aid Limited, has provided sufficient finance to meet the current financial needs of the Company. The subsidiary has indicated that it is not looking to withdraw these facilities in the next twelve months. On this basis it is considered the Company is a going concern.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 5 ) .

4.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 January 2024

and 31 December 2024

2,000,000

NET BOOK VALUE

At 31 December 2024

2,000,000

At 31 December 2023

2,000,000

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Amounts owed to group undertakings

368,466

20,079

Other creditors

43,101

43,101

411,567

63,180

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Other creditors

250,000

575,000

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

1,100

A Ordinary Shares

1

1,100

1,100

651

B Ordinary Shares

1

651

651

2,822

C Ordinary Shares

1

2,822

2,822

4,573

4,573

8.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Rachel Rudkin FCCA (Senior Statutory Auditor)

for and on behalf of Duncan & Toplis Audit Limited, Statutory Auditor