REGISTERED NUMBER: SC383289 (Scotland)

Unaudited Financial Statements

for the Year Ended 31 August 2025

for

Accord Energy Solutions Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr J A Arthur

Mr P J Stockton

Mr G G Inglis

Mrs R Mackenzie

Mrs T Thomson

Mr D Holland

REGISTERED OFFICE:

58 Carden Place

Aberdeen

AB10 1UP

REGISTERED NUMBER:

SC383289 (Scotland)

ACCOUNTANTS:

SBP

Accountants

42 Queens Road

Aberdeen

AB15 4YE

FIXED ASSETS

Tangible assets

4

528,037

546,951

Investments

5

484

515

528,521

547,466

CURRENT ASSETS

Debtors

6

1,725,875

1,533,957

Cash at bank and in hand

1,981,898

1,957,354

3,707,773

3,491,311

CREDITORS

Amounts falling due within one year

7

787,246

756,792

NET CURRENT ASSETS

2,920,527

2,734,519

TOTAL ASSETS LESS CURRENT LIABILITIES

3,449,048

3,281,985

PROVISIONS FOR LIABILITIES

17,495

15,912

NET ASSETS

3,431,553

3,266,073

CAPITAL AND RESERVES

Called up share capital

3,000

3,000

Retained earnings

3,428,553

3,263,073

SHAREHOLDERS' FUNDS

3,431,553

3,266,073

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

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

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 April 2026 and were signed on its behalf by:

Mr G G Inglis - Director

1.	STATUTORY INFORMATION

Accord Energy Solutions Limited is a private company, limited by shares , registered in Scotland. 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 as modified by the revaluation of certain assets.

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.

Freehold property 4% on cost

Land and buildings Leasehold 33% on cost

Computer equipment 25% on cost

Fixtures, fittings & equipment 10-25% on cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 year 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 45 (2024 - 43 ) .

4.	TANGIBLE FIXED ASSETS

Freehold

Fixtures,fittings

Computer

property

& equipment

equipment

Totals

£

£

£

£

COST

At 1 September 2024

626,649

63,506

221,410

911,565

Additions

-

10,165

30,850

41,015

At 31 August 2025

626,649

73,671

252,260

952,580

DEPRECIATION

At 1 September 2024

146,265

47,349

171,000

364,614

Charge for year

25,066

4,219

30,644

59,929

At 31 August 2025

171,331

51,568

201,644

424,543

NET BOOK VALUE

At 31 August 2025

455,318

22,103

50,616

528,037

At 31 August 2024

480,384

16,157

50,410

546,951

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST OR VALUATION

At 1 September 2024

515

Revaluations

(31

)

At 31 August 2025

484

NET BOOK VALUE

At 31 August 2025

484

At 31 August 2024

515

Cost or valuation at 31 August 2025 is represented by:

Shares in

group

undertakings

£

Valuation in 2021

10

Valuation in 2022

39

Valuation in 2023

(52

)

Valuation in 2024

(9

)

Valuation in 2025

(31

)

Cost

527

484

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Accord Energy Solutions Australia PTY Ltd

Registered office: Level 3, 88 William Street, Perth, WA 6000

Nature of business: Oil and gas

%

Class of shares:

holding

Ordinary

100.00

30.6.25

30.6.24

£

£

Aggregate capital and reserves

162,210

163,616

Profit for the year

20,053

11,703

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Trade debtors

1,569,873

1,483,044

Other debtors

156,002

50,913

1,725,875

1,533,957

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Trade creditors

176,119

144,271

Taxation and social security

477,348

497,535

Other creditors

133,779

114,986

787,246

756,792

8.	RELATED PARTY DISCLOSURES

Included within other debtors is a loan of £108,346 (£9,977 - 2024) due from Accord Energy Solutions Limited Australia Pty, a subsidiary fully owned by Accord Energy Solutions Ltd.

9.	ULTIMATE CONTROLLING PARTY

The company believes that there are no registrable person or relevant legal entity that has ultimate control.