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REGISTERED NUMBER: 15500586 (England and Wales)

Unaudited Financial Statements

for the Period

18 February 2024 to 28 February 2025

for

Hydrogen Challenge Ltd

| Hydrogen Challenge Ltd (Registered number: 15500586) |

Contents of the Financial Statements

for the Period 18 FEBRUARY 2024 TO 28 FEBRUARY 2025

Page |

| Balance Sheet | 1 |

| Notes to the Financial Statements | 2 |

| Hydrogen Challenge Ltd (Registered number: 15500586) |

Balance Sheet

28 FEBRUARY 2025

| Notes | £ |

| FIXED ASSETS

| Tangible assets | 4 | 2,103 |  |

| CURRENT ASSETS

| Debtors | 5 | 2,702 |  |

| Cash at bank | 6,304 |  |

9,006 |  |

| CREDITORS

| Amounts falling due within one year | 6 | (30,273 | ) |

| NET CURRENT LIABILITIES | (21,267 | ) |

| TOTAL ASSETS LESS CURRENT LIABILITIES | (19,164 | ) |

| PROVISIONS FOR LIABILITIES | 7 | (526 | ) |

| NET LIABILITIES | (19,690 | ) |

| CAPITAL AND RESERVES

| Called up share capital | 8 | 1 |  |

| Retained earnings | 9 | (19,691 | ) |

(19,690 | ) |

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

The members have not required the company to obtain an audit of its financial statements for the period 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.

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 director and authorised for issue on 13 November 2025 and were signed by:

A Harris - Director

| Hydrogen Challenge Ltd (Registered number: 15500586) |

Notes to the Financial Statements

for the Period 18 FEBRUARY 2024 TO 28 FEBRUARY 2025

1. | STATUTORY INFORMATION

| Hydrogen challenge Limited is a private company, limited by shares, registered in England and Wales, registration number 15500586. The registered office is Suite 2A, 7th Floor - PF City Reach, 5 Greenwich View Place, London, England, E14 9NN.

| The presentation currency of the financial statements is pound sterling (£) and the level of rounding is the nearest £1.

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.

| Turnover

| 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 each asset over its estimated useful life.

| 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.

| Financial instruments

| The company only enters into basic financial instruments 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, loans to related parties and investments in non-puttable ordinary shares.

| 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 Profit and loss account.

| 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.

| Hydrogen Challenge Ltd (Registered number: 15500586) |

Notes to the Financial Statements - continued

for the Period 18 FEBRUARY 2024 TO 28 FEBRUARY 2025

2. | ACCOUNTING POLICIES - continued

| Creditors

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

| Going Concern

| The Financial Statements have been prepared on a Going Concern basis because of the continued support of the Director of the company.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the period was 1 .

4. | TANGIBLE FIXED ASSETS

| Fixtures |

| Plant and |  | and |

| machinery |  | fittings |  | Totals

£ | £ | £ |

| COST

| Additions | 678 |  | 2,152 |  | 2,830 |  |

| At 28 February 2025 | 678 |  | 2,152 |  | 2,830 |  |

| DEPRECIATION

| Charge for period | 173 |  | 554 |  | 727 |  |

| At 28 February 2025 | 173 |  | 554 |  | 727 |  |

| NET BOOK VALUE

| At 28 February 2025 | 505 |  | 1,598 |  | 2,103 |  |

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

£ |

| Other debtors | 2,702 |  |

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

£ |

| Other creditors | 30,273 |  |

7. | PROVISIONS FOR LIABILITIES

£ |

| Deferred tax | 526 |  |

| Deferred |

| tax |

£ |

| Provided during period | 526 |  |

| Balance at 28 February 2025 | 526 |  |

| Hydrogen Challenge Ltd (Registered number: 15500586) |

Notes to the Financial Statements - continued

for the Period 18 FEBRUARY 2024 TO 28 FEBRUARY 2025

8. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully |  |

| paid: |  |

| Number: |  | Class: |  | Nominal |  | 28.02.2025 |  |

|  | value: |  | £ |  |

| 1 |  | Ordinary |  | 1 |  | 1 |  |

|  | 1 |  |

| During the year 1 Ordinary shares were issued at £1 per share.

| Shares have attached to them full voting, dividend and capital distribution rights.

9. | RESERVES

| Retained

| earnings

£ |

| Deficit for the period | (19,691 | ) |

| At 28 February 2025 | (19,691 | ) |

| Share capital

| Share capital represents the nominal value of equity shares.

| Retained earnings

| Retained earnings include all current and prior period retained profits and losses.