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REGISTERED NUMBER: 11775499 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2025

for

Soleco Energy Limited

Soleco Energy Limited (Registered number: 11775499)

Contents of the Financial Statements

for the Year Ended 31 December 2025

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 4 |

Soleco Energy Limited

Company Information

for the Year Ended 31 December 2025

| DIRECTORS: | M Malatino

| JP Maurand

| M Nicholls

| R Pitter

| A Rainford

| REGISTERED OFFICE: | Tintagel House

| 92 Albert Embankment

| London

| SE1 7TY

| REGISTERED NUMBER: | 11775499 (England and Wales)

| ACCOUNTANTS: | AGHS Accounting and Taxation Services Limited

| 14 Progress Business Centre

| Whittle Parkway

| Slough

| Berkshire

| SL1 6DQ

Soleco Energy Limited (Registered number: 11775499)

Balance Sheet

31 December 2025

| 31.12.25 | 31.12.24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 3,358 |  | 3,366 |  |

Investments | 5 | 2,797,127 |  | 211,772 |  |

2,800,485 |  | 215,138 |  |

CURRENT ASSETS

Debtors | 6 | 1,058,039 |  | 992,292 |  |

Cash at bank | 769,458 |  | 1,154,699 |  |

1,827,497 |  | 2,146,991 |  |

CREDITORS

Amounts falling due within one year | 7 | 1,169,991 |  | 119,207 |  |

NET CURRENT ASSETS | 657,506 |  | 2,027,784 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 3,457,991 |  | 2,242,922 |  |

CREDITORS

Amounts falling due after more than one year | 8 | 961,557 |  | - |  |

NET ASSETS | 2,496,434 |  | 2,242,922 |  |

CAPITAL AND RESERVES

Called up share capital | 9 | 3,235 |  | 3,235 |  |

Share premium | 10 | 4,532,378 |  | 4,532,378 |  |

Retained earnings | 10 | (2,039,179 | ) | (2,292,691 | ) |

SHAREHOLDERS' FUNDS | 2,496,434 |  | 2,242,922 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 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.

Soleco Energy Limited (Registered number: 11775499)

Balance Sheet - continued

31 December 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10 March 2026 and were signed on its behalf by:

A Rainford - Director

Soleco Energy Limited (Registered number: 11775499)

Notes to the Financial Statements

for the Year Ended 31 December 2025

1. | STATUTORY INFORMATION

| Soleco Energy 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.

| Related party exemption

| The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

| 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 rate in order to write off each asset over its estimated useful life.

| Office equipment - 25%

| Taxation

| Taxation for the year 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.

| Foreign currencies

| Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 8 (2024 - 8 ) .

Soleco Energy Limited (Registered number: 11775499)

Notes to the Financial Statements - continued

for the Year Ended 31 December 2025

4. | TANGIBLE FIXED ASSETS

| Plant and

| machinery

£ |

| COST

| At 1 January 2025 | 7,860 |  |

| Additions | 959 |  |

| At 31 December 2025 | 8,819 |  |

| DEPRECIATION

| At 1 January 2025 | 4,494 |  |

| Charge for year | 967 |  |

| At 31 December 2025 | 5,461 |  |

| NET BOOK VALUE

| At 31 December 2025 | 3,358 |  |

| At 31 December 2024 | 3,366 |  |

5. | FIXED ASSET INVESTMENTS

| Fixed asset investments comprise the cost of investments in the company's wholly owned subsidiary undertakings. The investments are stated at cost less impairment.

| The subsidiary undertakings at the balance sheet date were as follows;

| Soleco Caribbean Investments - incorporated in Barbados

| Soleco Energy (Barbados) - incorporated in Barbados

| Soleco Energy Hydro - incorporated in Jamaica

| Soleco Energy (Bahamas) - incorporated in the Bahamas

| During the year, additional investments were made in subsidiary undertakings, increasing the total cost of investments to £2,797,127 (2024 £211,772). As a result these companies become subsidiaries having previously been associated companies.

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

| 31.12.25 |  | 31.12.24

£ | £ |

| Balances with associated

| companies | - |  | 23,340 |  |

| Balances with Subsidiaries | 205,672 |  | - |  |

| Other debtors | 852,367 |  | 968,952 |  |

1,058,039 |  | 992,292 |  |

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

| 31.12.25 |  | 31.12.24

£ | £ |

| Trade creditors | - |  | 4,674 |  |

| Other creditors | 1,169,991 |  | 114,533 |  |

1,169,991 |  | 119,207 |  |

Soleco Energy Limited (Registered number: 11775499)

Notes to the Financial Statements - continued

for the Year Ended 31 December 2025

8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

| 31.12.25 |  | 31.12.24

£ | £ |

| Other creditors | 961,557 |  | - |  |

9. | CALLED UP SHARE CAPITAL

| Allotted and issued:

| Number: | Class: | Nominal | 31.12.25 |  | 31.12.24

| value: | £ | £ |

| 3,235,259 | Share capital 1 | 0.001 | 3,235 |  | 3,235 |  |

10. | RESERVES

| Retained |  | Share |

| earnings |  | premium |  | Totals

£ | £ | £ |

| At 1 January 2025 | (2,292,691 | ) | 4,532,378 |  | 2,239,687 |  |

| Profit for the year | 253,512 |  | 253,512 |  |

| At 31 December 2025 | (2,039,179 | ) | 4,532,378 |  | 2,493,199 |  |