EFW 21 Renewable Energy (Project 2 Irela - Accounts to registrar (filleted)

REGISTERED NUMBER: 15734363 (England and Wales)

EFW 21 Renewable Energy

(Project 2 Ireland) UK Ltd

Unaudited Financial Statements

for the Period 22nd May 2024 to 31st December 2024

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

C D Hammond

D Pope

REGISTERED OFFICE:

Office 71 The Colchester Centre

Hawkins Road

Colchester

Essex

CO2 8JX

REGISTERED NUMBER:

15734363 (England and Wales)

ACCOUNTANTS:

Smailes Goldie

Chartered Accountants

Regent's Court

Princess Street

Hull

East Yorkshire

HU2 8BA

CURRENT ASSETS

Debtors

4

270,193

CREDITORS

Amounts falling due within one year

5

1,500

NET CURRENT ASSETS

268,693

TOTAL ASSETS LESS CURRENT
LIABILITIES

268,693

CAPITAL AND RESERVES

Called up share capital

6

1

Other reserves

7

270,192

Retained earnings

7

(1,500

)

SHAREHOLDERS' FUNDS

268,693

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31st December 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31st 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 4th December 2025 and were signed on its behalf by:

C D Hammond - Director

1.	STATUTORY INFORMATION

EFW 21 Renewable Energy (Project 2 Ireland) UK Ltd 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.

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.

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.

Debtors

Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL.

4.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

£

Amounts owed by group undertakings

270,192

Other debtors

1

270,193

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Other creditors

1,500

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

1

Ordinary

£1

1

On incorporation, the company issued 1 Ordinary share of £1, which was settled by way of an amount due from other debtors. Subsequently, the company issued 270,192 Ordinary shares of £1 each, which were settled through an amount due from an intercompany balance. Later in the year, the company completed a capital reduction, cancelling 270,192 Ordinary shares and transferring the amount to other reserves.

7.

RESERVES

Retained
earnings

Other
reserves

Totals

£

Deficit for the period

(1,500

)

-

(1,500

)

Reduction in share capital

-

270,192

At 31 December 2024

(1,500

)

270,192

268,692

Retained earnings

Represents the cumulative profits and losses of the company after dividends have been paid.

Other reserves

A distributable reserve created following a reduction of share capital.

8.	ULTIMATE CONTROLLING PARTY

The immediate and ultimate parent company is Solar 21 Renewable Energy Limited, a company registered in Ireland, of which M Bradley is the majority shareholder.