The directors present the strategic report for the year ended 31 July 2025.

The Directors are pleased to report that the company has delivered a strong performance for the year, with all key metrics broadly in line or exceeding expectations. As trading conditions have stabilised, the retail supply market has become increasingly competitive.

Despite a decline in wholesale prices over the past 12 months, the potential for significant price volatility remains. Gas and electricity markets remain coupled anchoring energy prices within the UK to global energy markets. Several historic and ongoing factors have shaped physical supply and market sentiment, including:

• A mild winter in 2024/25

• Limited UK storage

• Lower LNG during the 2024/25 period

• Heightened geopolitical tensions in the Middle East

• Weak wind generation and extensive Norwegian pipeline maintenance.

The trading team continues to manage these risks effectively through robust modelling and proactive market strategies.

The company is currently navigating a challenging market landscape, driven by rising non-commodity costs, the introduction of new charges and net-zero costs. These pressures are affecting the entire market and are expected to continue impacting suppliers and customers in the short to medium term.

Looking ahead, the company remains committed to a strategy of controlled, service-led growth. This includes embracing regulatory changes such as the Market-Wide Half-Hourly Settlement (MHHS), which will enable the development of new, customer-focused products.

Continued investment in digital infrastructure will support the transition to a more data-driven marketplace, while ensuring the delivery of best-in-class service to our expanding customer base.

The company has made good progress in relation to the key elements of its strategy. The Board monitors the progress of the company using the following Key Performance Indicators:

• Number of new acquisitions

• Renewal Rates

• Volume delivered by product

• Debtor Days and Debtor Aging Profile

• Gross Profit Margin

• Overall, Balance Sheet Strength

Performance is measured against the forecast and prior month for each of these measures and has been satisfactory for the current year. The overall portfolio growth has actually been ahead of budget. Management continues to monitor these KPI’s on a monthly basis and any significant variance is investigated and acted upon promptly.

The Company uses financial instruments; these include cash, loans and other various items, such as trade debtors and trade creditors that arise directly from its operations. The main purpose of these financial instruments is to raise finance for the Companies operations.

The existence of these financial instruments exposes the Company to several financial risks. The Directors review and agree policies for managing each of these risks which have remained unchanged from previous year and are described in more detail below.

Liquidity risk

The Company seeks to manage financial risk by ensuring sufficient liquidity is available to meet foreseeable needs and to invest cash safety and profitably.

Interest rate risk

The Company finances its operations through a combination of retained profits, directors' current accounts, other loans and cash. The Company manages its exposure to interest rate fluctuations on its finance leases by entering into fixed rate agreements.

Commodity/Trading Risk

The Company is exposed to movements in the wholesale gas markets. The Company typically procures gas based on its customers seasonal normal demand, using forward contracts, at fixed prices. Customers demand is subject to fluctuations, the trading team are constantly reviewing demand and amending forecasts and hedges accordingly to ensure all demand is procured.

The Company's principle financial assets are cash and trade debtors. The risk associated with cash is limited. The principal credit risks arise therefore from trade debtors.

The price of Natural Gas has a direct impact upon the value of debt incurred. The continuation of a relatively high base commodity price of natural gas during the year has a negative impact upon the risks associated with trade debtors.

The Company offers credit terms to its customer in line with standard industry credit terms. The group has a diverse portfolio of SME and mid-market sized customers. All customers are credit assessed at the point of agreeing a contract, limits for customers are based on a combination of payment history, third party credit references and commercial credit insurance availability. Credit limits are reviewed by the credit risk manager on a regular basis in conjunction with debt ageing, collection history and the continued availability of credit insurance on individual customers.

Regulatory Risk                

To operate as a shipper and supplier of natural gas the company requires licenses which are issued and monitored by Ofgem. To ensure the group commitments under these licenses are met a dedicated regulatory and compliance team is in place reporting to senior management on a monthly basis or when changes dictate.

Section 172 (1) The Directors of the Company must act in accordance with a set of general duties as detailed in section 172 of the Companies Act 2006.

Directors are briefed on their duties as part of their induction and have access to governance framework and professional advice either through the company secretary, the corporate governance team or if necessary, from an independent provider.

The Board of Directors (The “Board”) confirms it has performed its duties in respect in respect of section 172 of the companies act 2006. Specifically, the Board has considered the long-term factors affecting the company and its strategic direction. The Board in its decision-making process and in fulfilling its duty to promote the success of the company as set out in section 172 for the year ending 31st July 2025

Risk Management

The role of the Board is to promote the long-term interest of the Company and to oversee risk management.

Principal risks and uncertainties and financial risks as well as management of these risks are outlined in the paragraphs above.

Professional Conduct

The Board oversees compliance with key policies that are intended to instil a culture of acting lawfully, ethically and responsibly. The people team within the business are responsible for ensuring policies are monitored and updated when necessary.

Employees

The Company recognises that its most important assets are its employees. The Company believes empowering its employees at every level Inspires a collaborative workplace where its employees are driven to excel. Our learning and development team provided our staff with the skills and training required to make informed decisions enabling them to continue to meet high standards in serving the company's stakeholders.

The Company promotes diversity by employing from a range of different backgrounds, bringing together skills and expertise to create a diverse culture.

Suppliers

Our suppliers pay a crucial role in the company’s success, and we prioritise maintaining regular and ongoing communication with them. We focus on building a collaborative relationship that promotes growth and success. This commitment involves active engagement across all levels of the company, including the SLT.

Community and Environment

As a responsible energy supplier, the Board has a duty of care to ensure the Company is adhering to climate change responsibility and making ethical and sustainable choices in all business decisions

Business Relationships

The Company maintains strong relationships with customers, suppliers and regulatory bodies. The Board promotes a high level of customer engagement enabling the Company to gain the best understanding of customer needs and provide a high standard of service.

Maintaining a strong relationship with suppliers and regulatory bodies is integral in achieving the high level of growth outlined in the Company's long-term plan.

Shareholders

The Board is committed to openly engaging with the Company's shareholders on a continuous basis and believes shareholders should be informed of all material business events and risks that influence the Company. As part of the Boards commitment to keeping shareholders informed, financial performance, operational performance, market conditions and other key performance indicators are discussed on a regular basis throughout the year.

On behalf of the board

The directors present their annual report and financial statements for the year ended 31 July 2025.

The principal activity of the company was that of the trade of gas through mains.

The results for the year are set out on page 10.

Ordinary dividends were declared amounting to £2,000,000 (2024: £20,002,000). The directors do not recommend payment of a further dividend.

The directors who held office during the year and up to the date of signature of the financial statements were as follows:

The auditor, Azets Audit Services, is deemed to be reappointed under section 487(2) of the Companies Act 2006.

The company has taken the exemption from reporting their individual emissions and energy consumption under the SECR regulations on the grounds that the relevant information has been included in the group directors' report of the parent entity, as described in note 23.

The directors are responsible for preparing the annual report and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the directors are required to:

• select suitable accounting policies and then apply them consistently;

• make judgements and accounting estimates that are reasonable and prudent;

• state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements;

• prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company’s transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

So far as each person who was a director at the date of approving this report is aware, there is no relevant audit information of which the company’s auditor is unaware. Additionally, the directors individually have taken all the necessary steps that they ought to have taken as directors in order to make themselves aware of all relevant audit information and to establish that the company’s auditor is aware of that information.

We have audited the financial statements of Crown Gas and Power Limited (the 'company') for the year ended 31 July 2025 which comprise the statement of income and retained earnings, the balance sheet and notes to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

• give a true and fair view of the state of the company's affairs as at 31 July 2025 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.

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.

Other information

The other information comprises the information included in the annual report other than the financial statements and our auditor's report thereon. The directors are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of our audit:

• the information given in the strategic report and the directors' report for the financial year for which the financial statements are prepared is consistent with the financial statements; and

• the strategic report and the directors' report have been prepared in accordance with applicable legal requirements.

In the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the strategic report or the directors' report.

We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:

• adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or

• the financial statements are not in agreement with the accounting records and returns; or

• certain disclosures of directors' remuneration specified by law are not made; or

• we have not received all the information and explanations we require for our audit.

As explained more fully in the directors' responsibilities statement, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the directors are responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease operations, or have no realistic alternative but to do so.

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

A further description of our responsibilities is available on the Financial Reporting Council’s website at: https://www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor's report.

Extent to which the audit was considered capable of detecting irregularities, including fraud

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above and on the Financial Reporting Council’s website, to detect material misstatements in respect of irregularities, including fraud.

We obtain and update our understanding of the entity, its activities, its control environment, and likely future developments, including in relation to the legal and regulatory framework applicable and how the entity is complying with that framework.  Based on this understanding, we identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion.  This includes consideration of the risk of acts by the entity that were contrary to applicable laws and regulations, including fraud.

In response to the risk of irregularities and non-compliance with laws and regulations, including fraud, we designed procedures which included:

• Enquiry of management and those charged with governance around actual and potential litigation and claims as well as actual, suspected and alleged fraud; 

• Reviewing minutes of meetings of those charged with governance;

• Assessing the extent of compliance with the laws and regulations considered to have a direct material effect on the financial statements or the operations of the company through enquiry and inspection; 

• Reviewing financial statement disclosures and testing to supporting documentation to assess compliance with applicable laws and regulations;

• Performing audit work over the risk of management bias and override of controls, including testing of journal entries and other adjustments for appropriateness, evaluating the business rationale of significant transactions outside the normal course of business and reviewing accounting estimates for indicators of potential bias. 

Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation.  This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance.  The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.

Use of our report

This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed.

The profit and loss account has been prepared on the basis that all operations are continuing operations.

Crown Gas and Power Limited is a private company limited by shares incorporated in England and Wales. The registered office is The Oil Centre, Bury New Road, Heap Bridge, Bury, Lancashire, United Kingdon, BL9 7HY.

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.

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 26 ‘Share based Payment’: Share-based payment expense charged to profit or loss, reconciliation of opening and closing number and weighted average exercise price of share options, how the fair value of options granted was measured, measurement and carrying amount of liabilities for cash-settled share-based payments, explanation of modifications to arrangements;

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

The financial statements of the company are consolidated in the financial statements of Crown Gas and Power (Holdings) Limited. These consolidated financial statements are publicly available from Companies House, Crown Way, Cardiff, CF14 3UZ.

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 includes amounts receivable on contracts relating to the supply gas to external consumers. Turnover is recognised in the period in which the services are provided to the end consumers and the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred can be measured reliably.

Additionally, turnover includes amounts due to the company under the terms of a business service agreement with another related entity whereby the company is remunerated for necessary services provided to related entities in order fulfill external customer contracts. Turnover relating to business support services billed in the month following service delivery is recognised within prepayments and accrued income.

Intangible assets acquired separately from a business are recognised at cost and are subsequently measured at cost less accumulated amortisation and accumulated impairment losses.

Intangible assets acquired on business combinations are recognised separately from goodwill at the acquisition date where it is probable that the expected future economic benefits that are attributable to the asset will flow to the entity and the fair value of the asset can be measured reliably; the intangible asset arises from contractual or other legal rights; and the intangible asset is separable from the entity.

Amortisation 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:

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.

Interests in subsidiaries are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition.

Stocks held for distribution at no or nominal consideration are measured at the lower of cost and replacement cost, adjusted where applicable for any loss of service potential.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

The company uses only basic financial instruments, which are initially measured at transaction price including transaction cost.

Financial assets and financial liabilities are subsequently carried at amortised cost using the effective interest rate method.

Financial assets are derecognised only when the contractual rights to the cash flows from the asset expire or are settled, or when the company transfers the financial asset and substantially all the risks and rewards of ownership to another entity, or if some significant risks and rewards of ownership are retained but control of the asset has transferred to another party that is able to sell the asset in its entirety to an unrelated third party.

Financial liabilities are derecognised when the company’s contractual obligations expire or are discharged or cancelled.

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

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.

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.

In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

The following judgements (apart from those involving estimates) have had the most significant effect on amounts recognised in the financial statements.

An accrual is made for gas obligations requiring management's best estimate of costs that will be incurred in respect of gas supplied to customers. The volume of unbilled costs is calculated by assessing a number of factors such as externally notified aggregated volumes supplied to customers and other adjustments such as industry settlement processes.

All turnover of the company originated within the United Kingdom and related to the principal activity of the company.

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

Their aggregate remuneration comprised:

The actual charge for the year can be reconciled to the expected charge for the year based on the profit or loss and the standard rate of tax as follows:

Details of the company's subsidiaries at 31 July 2025 are as follows:

Securities

Shell Energy Europe Limited hold a fixed and floating charge over all real property and intellectual property owned by Crown Gas and Power Limited (with the exception of any excluded assets as defined in the charge agreement).

The following are the major deferred tax liabilities and assets recognised by the company and movements thereon:

The company operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the company in an independently administered fund.

The company has one class of Ordinary shares. There are no restrictions on the distribution of dividends and the repayment of capital. The holders of ordinary shares are entitled to receive dividends as declared and are entitled to one vote per share at meetings of the company.

At the reporting end date the company had outstanding commitments for future minimum lease payments under non-cancellable operating leases, which fall due as follows:

At the reporting end date the total future minimum sublease payments expected to be received under non-cancellable subleases was £14,000 (2024: £20,000).

The company has taken advantage of the exemption in Financial Reporting Standard 102, section 33, and has not disclosed transactions with fellow group undertakings.

At the balance sheet date, £628 (2024: £nil) was due to Crown Gas and Power Holdings Limited, the parent entity. The amount is unsecured and repayable on demand.

During the year the company advanced funds of £7,238,669 (2024: £142,572) to, charged £863,347 of management fees (2024: £nil) to and made purchases of £36,402 (2024: £nil) from Crown Gas and Power 2 Limited, a company related by common parties with signficant influence over the entity, in respect of start-up costs and to fund a key supplier deposit payment made by Crown Gas and Power 2. At the balance sheet date, the company was owed £46,856 (2024: £2,548,916) from Crown Gas and Power 2. The amounts are unsecured, repayable on demand and included within debtors due less than one year.

During the year the company made sales of £827,842 (2024: £1,682,247) to, and purchases of £353,654 (2024: £358,110) from Crown Oil Limited, a company related by common parties with significant influence over the entity. At the balance sheet date, a net balance of £31,738 (2024: £19,115) is due to Crown Oil Limited and is unsecured, repayable on demand. A further amount of £589,148 (2024: £130,778) is due from Crown Oil Limited in respect of the service level agreement between the related entities.

During the year the company made purchases of £190,542 (2024: £268,058) from AMA FIC Limited in respect of rental and management charges, a company related by common parties with significant influence over the entity. At the balance sheet date, £nil (2024: £nil) is due to AMA FIC Limited.

The directors consider that both the immediate and ultimate parent undertaking is Crown Gas and Power (Holdings) Limited, a company registered in England and Wales. The largest and smallest group of undertakings for which the group accounts are drawn up is that headed by Crown Gas and Power (Holdings) Limited. Crown Gas and Power (Holdings) Limited are registered at the same address as Crown Gas and Power Limited.

Copies of the group financial statements can be obtained from Companies House, Crown Way, Cardiff, CF14 3UZ.

The ultimate parent undertaking is under the joint ownership of the Greensmith family.