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

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

Wroot Drying Services Limited is a private company limited by shares incorporated in England and Wales. The registered office is Bankwood Processing Site, Bankwood Lane, Rossington, Doncaster, South Yorkshire, DN11 0PS.

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

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

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

This company is a qualifying entity for the purposes of FRS 102, being a member of a group where the parent of that group prepares publicly available consolidated financial statements, including this company, which are intended to give a true and fair view of the assets, liabilities, financial position and profit or loss of the group. The company has therefore taken advantage of exemptions from the following disclosure requirements:

• Section 7 ‘Statement of Cash Flows’: Presentation of a statement of cash flow and related notes and disclosures;

• Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instrument Issues: Interest income/expense and net gains/losses for financial instruments not measured at fair value; basis of determining fair values; details of collateral, loan defaults or breaches, details of hedges, hedging fair value changes recognised in profit or loss and in other comprehensive income;

• Section 33 ‘Related Party Disclosures’: Compensation for key management personnel.

The financial statements of the company are consolidated in the financial statements of Eco-Power Environmental Holdings Limited. These consolidated financial statements are available from its registered office, Bankwood Lane Industrial Estate, Bankwood Lane, Rossington, Doncaster, South Yorkshire, Dn11 0PS.

Atruet the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

Turnover is recognised at the fair value of the consideration received or receivable for goods provided and Renewable Heat Incentive income, and is shown net of VAT and other sales related taxes where applicable. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

Recoverable amount is the higher of fair value less costs to sell and value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset for which the estimates of future cash flows have not been adjusted.

If the recoverable amount of an asset (or cash-generating unit) is estimated to be less than its carrying amount, the carrying amount of the asset (or cash-generating unit) is reduced to its recoverable amount. An impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the impairment loss is treated as a revaluation decrease.

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

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. Amounts 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.

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

Changes in the fair value of derivatives that are designated and qualify as fair value hedges are recognised in profit or loss immediately, together with any changes in the fair value of the hedged asset or liability that are attributable to the hedged risk.

The tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the leases asset are consumed.

The average monthly number of persons (including directors) employed by the company during the year was:

The amounts written off loans to related companies of £149,802 is made up of balances from two companies which are in liquidation, and one balance owed from a loss making company that was not deemed recoverable.

The amount written off loans from related companies of £179,172 relates to a balance owed to a company that was dissolved in December 2023.

As the income statement has been omitted from the filing copy of the financial statements, the following information in relation to the audit report on the statutory financial statements is provided in accordance with s444(5B) of the Companies Act 2006.

The auditor's report is unqualified and includes the following:

In our opinion the financial statements:

• give a true and fair view of the state of the company's affairs as at 31 October 2024 and of its profit for the year then ended;

• have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

• have been prepared in accordance with the requirements of the Companies Act 2006.

The company has granted a fixed and floating charge over its assets in favour of Lux Park Limited as continuing security for borrowings of £3million made to Eco-Power Environmental Holdings Limited. The company has not received any direct proceeds from the loan but benefits indirectly through group funding arrangements. No amounts have been demanded under this guarantee.

Wroot Drying Services Limited is a wholly owned subsidiary of Eco-Power Environmental Group Limited. The ultimate parent undertaking and controlling party is Eco-Power Environmental Holdings Limited. The results of Wroot Drying Services Limited are included in the consolidated financial statements of Eco-Power Environmental Holdings Limited whose registered office is Bankwood Processing Site, Bankwood Lane Industrial Estate, Bankwood Lane, New Rossington, Doncaster, DN11 0PS.

Mr D Colakovic is a beneficial shareholder in the ultimate parent undertaking, Eco-Power Environmental Holdings Limited.

During the year, the company entered into the following transactions with related parties:

Eco Power Plant Hire Limited

Eco Power Plant Hire Limited is a company owned by Mr D Colakovic in the period.

At the period end, the company owed £nil (2023: £19,383) to Eco Power Plant Hire Limited.

Eco Power Wood Fuels Limited

Eco Power Wood Fuels Limited is a company in which Mr D Colakovic has an ultimate controlling interest.

During the year ended 31 October 2024, the company made purchases of £40,000 (2023: £51,457) from Eco Power Wood Fuels Limited.

The company was owed £394,756 by Eco Power Wood Fuels Limited (2023: £294,881) at 31 October 2024.

ESC Investments Limited

ESC Investments Limited is a company in which Mr D Colakovic is a director and shareholder.

At the period end, ESC Investments Limited owed £107,100 (2023: £107,100) to the company.

Eco-Power Skips Limited

Eco-Power Skips Limited is a company in which Mr D Colakovic was a shareholder in the period.

During the year ended 31 October 2024, the company made purchases of £1,451 (2023: £667) from Eco-Power Skips Limited.

At the period end, Eco-Power Skips Limited owed £nil (2023: £117,478) to the company, which was impaired as the balance was not deemed recoverable.

Eco Power Star Design Interiors Limited

Eco Power Star Design Interiors Limited is a company in which Mr D Colakovic is a shareholder.

At the period end, Eco Power Star Design Interiors Limited owed £nil (2023: £32,000) to the company. The balance of £32,000 has been written off as the company is in liquidation.

Eco Power Racing Limited

Eco Power Racing Limited is a company in which Mr D Colakovic is a shareholder.

At the period end, Eco Power Racing Limited owed £230,500 (2023: £37,100) to the company.

Eco Power Properties Limited

Eco Power Properties Limited is a company in which Mr D Colakovic is a shareholder.

At the period end, Eco Power Properties Limited owed £1,000 (2023: £1,000) to the company

Commercial Heating & Drying Limited

Commercial Heating & Drying Limited is a company in which Mr D Colakovic has an ultimate controlling interest.

At the period end, Commercial Heating & Drying Limited owed £2,700 (2023: £2,700) to the company.

Eco-Power Environmental Limited

Eco Power Environmental Limited is a subsidiary of Eco-Power Environmental Group Limited, the parent company of Wroot Drying Services Limited.

During the year ended 31 October 2024, the company made purchases of £8,420 (2023: £22,729) from Eco-Power Environmental Limited. At the period end, Eco-Power Environmental Limited owed £690,230 (2023: £218,200) to the company.

Eco-Power Environmental Group Limited

Eco-Power Environmental Group Limited is the 100% parent company of Wroot Drying Services Limited.

At the period end, the company owed £493,519 (2023: £493,519) to Eco-Power Environmental Group Limited.

Loans to participators

At the 31 October 2024 a balance of £13,500 was owed to the company by Mr D Colakovic, a beneficial shareholder in the ultimate parent undertaking, Eco-Power Environmental Holdings Limited. The balance resulted from a loan in the period and interest is to be charged at the official beneficial loan interest rate on the amount due.