REGISTERED NUMBER: 13920452 (England and Wales)

REPORT OF THE DIRECTORS AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

WARLEY BATTERY STORAGE HOLDING LIMITED

Page

Company Information

1

Report of the Directors

2

Income Statement

3

Balance Sheet

4

Notes to the Financial Statements

5

Directors:

D R Weeks

J P Hardy

Registered office:

C/o Foresight Group Llp

32 London Bridge Street

London

SE1 9SG

Registered number:

13920452 (England and Wales)

The directors present their report with the financial statements of the company for the year ended 31 December 2024.

Principal activity

The principal activity of the company in the year under review was that of a holding company.

Directors

D R Weeks has held office during the whole of the period from 1 January 2024 to the date of this report.

Other changes in directors holding office are as follows:

J P Hardy was appointed as a director after 31 December 2024 but prior to the date of this report.

S Ullah and F Yusibov ceased to be directors after 31 December 2024 but prior to the date of this report.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

On behalf of the board:

D R Weeks - Director

10 December 2025

Turnover

-

-

Administrative expenses

(13,094

)

-

Operating loss

(13,094

)

-

Interest income - SPV

100,490

63,066

87,396

63,066

Interest payable and similar expenses

(321,756

)

(242,007

)

Loss before taxation

(234,360

)

(178,941

)

Tax on loss

104,315

-

Loss for the financial year

(130,045

)

(178,941

)

Fixed assets

Investments

5

5,204,265

4,871,771

Current assets

Debtors

6

267,873

63,068

Creditors

Amounts falling due within one year

7

(577,899

)

(250,249

)

Net current liabilities

(310,026

)

(187,181

)

Total assets less current liabilities

4,894,239

4,684,590

Creditors

Amounts falling due after more than one year

8

(4,169,172

)

(3,897,417

)

Net assets

725,067

787,173

Capital and reserves

Called up share capital

1,409

732

Share premium

1,040,885

973,623

Retained earnings

(317,227

)

(187,182

)

725,067

787,173

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 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 in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 10 December 2025 and were signed on its behalf by:

D R Weeks - Director

1.	Statutory information

Warley Battery Storage Holding Limited 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.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

3.	Employees and directors

The average number of employees during the year was NIL (2023 - NIL).

4.	Prior year adjustment

The 31 December 2023 comparative figures have been restated. This is due to the incorrect asset classifications of loans to group undertakings that were included in investments into the subsidiary.

To correct this error the loan investment postings have been posted to loans to group undertakings..

5.	Fixed asset investments

31.12.24

31.12.23

as restated

£

£

Shares in group undertakings

3,925,198

3,678,192

Loans to group undertakings

1,279,067

1,193,579

5,204,265

4,871,771

Additional information is as follows:

Shares in

group

undertakings

£

Cost

At 1 January 2024

3,678,192

Additions

247,006

At 31 December 2024

3,925,198

Net book value

At 31 December 2024

3,925,198

At 31 December 2023

3,678,192

Loans to

group

undertakings

£

At 1 January 2024

1,193,579

New in year

85,488

At 31 December 2024

1,279,067

6.

Debtors: amounts falling due within one year

31.12.24

31.12.23

as restated

£

£

Other debtors

163,558

63,068

Deferred tax asset

104,315

-

267,873

63,068

7.

Creditors: amounts falling due within one year

31.12.24

31.12.23

as restated

£

£

Amounts owed to group undertakings

5,894

-

Other creditors

572,005

250,249

577,899

250,249

8.

Creditors: amounts falling due after more than one year

31.12.24

31.12.23

as restated

£

£

Shareholder loan

4,169,172

3,897,417

9.	Related party disclosures

At the end of the year Warley Battery Storage Limited, the subsidiary owed a long-term loan of £1,279,067 (2023 - £1,193,579) to Warley Battery Storage Holding Limited.

Interest receivable is calculated at a flat rate of 8% and amounted to £100,491 (2023 - £63,067) during the year. The interest receivable balance at the end of the year amounted to £163,558 (2023 - £63,067).

Additionally at the end of the year the company owed £5,894 (2023 - £nil) in short term working capital requirements to Warley Battery Storage Limited.

At the end of the year the company owed a long-term loan of £4,169,172 (2023 - £3,897,417) to Foresight Energy Infrastructure Partners 1 S.à r.l, the parent company.

Interest payable is calculated at a flat rate of 8% and amounted to £321,756 (2023 - £242,007) during the year. The interest payable balance at the end of the year amounted to £572,005 (2023 - £250,249).

During the year the aggregate cost of services provided by Foresight Asset Management Limited, in respect of asset management fees, amounted to £12,894 (2023 - £nil), of which £nil was outstanding at the end of the year.

10.	Ultimate controlling party

The ultimate controlling party is Foresight Energy Infrastructure Partners S.C.Sp, a private, regulated fund resident in Luxembourg.