ACCOUNTS - Final Accounts

Registered number: 04883104

BRILLIANT ENERGY SERVICES LTD.

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

BRILLIANT ENERGY SERVICES LTD.

COMPANY INFORMATION

DIRECTOR	J. R. Useros Olmo


REGISTERED NUMBER	04883104


REGISTERED OFFICE	1st Floor Sackville House
	143-149 Fenchurch Street
	London
	EC3M 6BL

BRILLIANT ENERGY SERVICES LTD.

CONTENTS

	Page
Balance Sheet	1
Notes to the Financial Statements	2 - 5

BRILLIANT ENERGY SERVICES LTD.

REGISTERED NUMBER: 04883104

BALANCE SHEET

AS AT 31 DECEMBER 2024

		2024		2023
Note		£		£

FIXED ASSETS
Investments	4		1		1
CURRENT ASSETS
Debtors: amounts falling due after more than one year	5	1,144,872		1,496,264
Debtors: amounts falling due within one year	5	2,789,911		2,290,580
		3,934,783		3,786,844
Creditors: amounts falling due within one year	6	(4,972,779)		(4,828,320)
NET CURRENT LIABILITIES			(1,037,996)		(1,041,476)
NET LIABILITIES			(1,037,995)		(1,041,475)

CAPITAL AND RESERVES
Allotted, called up and fully paid share capital	1	1
Profit and loss account	(1,037,996)	(1,041,476)
EQUITY SHAREHOLDER'S DEFICIT	(1,037,995)	(1,041,475)

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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

The Company has opted not to file the Director's Report and Statement of Income and Retained Earnings in accordance with provisions applicable to companies subject to the small companies regime, under section 444 of the Companies Act 2006.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 30 September 2025.

J. R. Useros Olmo

Director

The notes on pages 2 to 5 form part of these financial statements.

Page 1

BRILLIANT ENERGY SERVICES LTD.

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

1.	GENERAL INFORMATION

Brilliant Energy Services Ltd. (company number: 04883104), having its registered office at 1st Floor Sackville House, 143-149 Fenchurch Street, London, EC3M 6BL, is a private limited company incorporated in England and Wales.
The company has no principal place of business.

2.ACCOUNTING POLICIES

2.1

BASIS OF PREPARATION OF FINANCIAL STATEMENTS

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

2.2

GOING CONCERN

At the Balance Sheet date, the Company had net liabilites of £1,037,995 (2023: £1,041,475). The Company relies on the support of the shareholders who will continue to support the Company for the foreseeable future. On this basis, the director considers it appropriate to prepare the accounts on a going concern basis.

2.3

STATEMENT OF CASH FLOWS

The Company has taken advantage of the exemption in Section 1A.7 of Financial Reporting Standard 102 from the requirement to produce a Statement of Cash Flows on the grounds that it is a small company.

2.4

FOREIGN CURRENCY TRANSLATION

Functional and presentation currency

The Company's functional and presentational currency is British Pound Sterling (GBP).

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period-end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in the Statement of Income and Retained Earnings.

2.5

INTEREST INCOME

Interest income is recognised in the Statement of Income and Retained Earnings using the effective interest method.

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BRILLIANT ENERGY SERVICES LTD.

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

2.ACCOUNTING POLICIES (CONTINUED)

2.6

VALUATION OF INVESTMENTS

Investments in subsidiaries are measured at cost less accumulated impairment.

2.7

DEBTORS

Short-term debtors are measured at transaction price, less any impairment.

2.8

CREDITORS

Short-term creditors are measured at the transaction price.

2.9

FINANCE COSTS

Finance costs are charged to the Statement of Income and Retained Earnings over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount.

2.10

FINANCIAL INSTRUMENTS

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties and loans to related parties.
Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received.
Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Income and Retained Earnings.

2.11

TAXATION

Tax is recognised in the Statement of Income and Retained Earnings.

The current corporation tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the Balance Sheet date in the countries where the Company operates and generates income.

EMPLOYEES

The average monthly number of employees, including directors, during the year was 1 (2023 - 1).

Page 3

BRILLIANT ENERGY SERVICES LTD.

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

4.	FIXED ASSET INVESTMENTS

		Other fixed asset investments
		£
	Cost
	At 1 January 2024 and 31 December 2024	1

	Net book value
	At 31 December 2023 and 31 December 2024	1

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BRILLIANT ENERGY SERVICES LTD.

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

5.	DEBTORS
		2024	2023
		£	£

Amounts falling due after more than one year
Other debtors	1,144,872	1,496,264

Amounts falling due within one year
Other debtors	2,789,659	2,290,580
Prepayments	252	-
	2,789,911	2,290,580

6.	CREDITORS: Amounts falling due within one year
		2024	2023
		£	£

Amounts owed to group undertakings	4,968,579	4,824,480
Accruals	4,200	3,840
	4,972,779	4,828,320

7.	RELATED PARTY TRANSACTIONS
	The Company has taken advantage of Section 33.1A of FRS 102 in not disclosing transactions between wholly-owned members of a group.

8.	ULTIMATE PARENT UNDERTAKING

As at 31 December 2024 and 31 December 2023, the immediate and ultimate parent undertaking was Callax International B.V., a company incorporated in the Netherlands.

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