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REGISTERED NUMBER: 12485888 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2025

FOR

ITLITY - HVDC CONSULTANTS LIMITED

ITLITY - HVDC CONSULTANTS LIMITED (REGISTERED NUMBER: 12485888)

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2025

| Page |

Statement of Financial Position | 1 |  | to |  | 2

Notes to the Financial Statements | 3 |  | to |  | 5

ITLITY - HVDC CONSULTANTS LIMITED (REGISTERED NUMBER: 12485888)

STATEMENT OF FINANCIAL POSITION

28 FEBRUARY 2025

| 28.2.25 |  | 29.2.24

| Notes | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 145 |  | 193 |  |

CURRENT ASSETS

Debtors | 5 | 104,199 |  | 11,359 |  |

Cash at bank and in hand | 48,934 |  | 193,421 |  |

153,133 |  | 204,780 |  |

CREDITORS

Amounts falling due within one year | 6 | (12,383 | ) | (50,553 | ) |

NET CURRENT ASSETS | 140,750 |  | 154,227 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 140,895 |  | 154,420 |  |

PROVISIONS FOR LIABILITIES | (33 | ) | (43 | ) |

NET ASSETS | 140,862 |  | 154,377 |  |

CAPITAL AND RESERVES

Called up share capital | 200 |  | 200 |  |

Retained earnings | 140,662 |  | 154,177 |  |

140,862 |  | 154,377 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

ITLITY - HVDC CONSULTANTS LIMITED (REGISTERED NUMBER: 12485888)

STATEMENT OF FINANCIAL POSITION - continued

28 FEBRUARY 2025

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 10 November 2025 and were signed by:

P Mousset - Director

ITLITY - HVDC CONSULTANTS LIMITED (REGISTERED NUMBER: 12485888)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2025

1. | STATUTORY INFORMATION

| ITLITY - HVDC Consultants Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

| Registered number: | 12485888

| Registered office: | C/O DPC

| Stone House

| 55 Stone Road Business Park

| Stoke-on-Trent

| Staffordshire

| ST4 6SR

| 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.

| REVENUE RECOGNITION

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

| TANGIBLE FIXED ASSETS

| Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

| Computer equipment | - | 25% reducing balance

| FINANCIAL INSTRUMENTS

| A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.

| Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

| Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.

| For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics.

ITLITY - HVDC CONSULTANTS LIMITED (REGISTERED NUMBER: 12485888)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 28 FEBRUARY 2025

2. | ACCOUNTING POLICIES - continued

| TAXATION

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

| DEFERRED TAX

| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 year 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.

| HIRE PURCHASE AND LEASING COMMITMENTS

| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 1 (2024 - 1 ) .

4. | TANGIBLE FIXED ASSETS

| Computer

| equipment

£ |

| COST

| At 1 March 2024

| and 28 February 2025 | 216 |  |

| DEPRECIATION

| At 1 March 2024 | 23 |  |

| Charge for year | 48 |  |

| At 28 February 2025 | 71 |  |

| NET BOOK VALUE

| At 28 February 2025 | 145 |  |

| At 29 February 2024 | 193 |  |

5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 28.2.25 |  | 29.2.24

£ | £ |

| Other debtors | 104,199 |  | 11,359 |  |

ITLITY - HVDC CONSULTANTS LIMITED (REGISTERED NUMBER: 12485888)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 28 FEBRUARY 2025

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 28.2.25 |  | 29.2.24

£ | £ |

| Taxation and social security | 1 |  | 18,746 |  |

| Other creditors | 12,382 |  | 31,807 |  |

12,383 |  | 50,553 |  |

7. | RELATED PARTY DISCLOSURES

| There were transactions with the director during the year and at 29th February 2025 £10,403 was owed to the director.

8. | POST BALANCE SHEET EVENTS

| There were no other significant events up to the date of approval of the financial statements by the Board.