Registration number: 06422434

C.GEN Killingholme Limited

Contents

Company Information	1
Statement of Financial Position	2 to 3
Statement of Changes in Equity	4
Notes to the Unaudited Financial Statements	5 to 8

C.GEN Killingholme Limited

Company Information

Directors

F S Maes B D Dove-Seymour

Registered office

130 Shaftesbury Avenue 2nd Floor London W1D 5EU

Accountants

Brebners Chartered Accountants 130 Shaftesbury Avenue London W1D 5AR

C.GEN Killingholme Limited

Statement of Financial Position as at 31 December 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	7,200,457	7,200,457
Current assets
Debtors	5	4,821,978	35,307,218
Cash at bank and in hand		1,664	287,716
		4,823,642	35,594,934
Creditors: Amounts falling due within one year	6	(157,586)	(8,864,026)
Net current assets		4,666,056	26,730,908
Net assets		11,866,513	33,931,365
Capital and reserves
Called up share capital		10,000,000	27,250,000
Retained earnings		1,866,513	6,681,365
Shareholders' funds		11,866,513	33,931,365

For the financial year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

The directors of C.GEN Killingholme Limited have elected not to include a copy of the Income Statement within the financial statements, in accordance with the special provisions relating to companies subject to the small companies regime within the Companies Act 2006, s444.

C.GEN Killingholme Limited

Statement of Financial Position as at 31 December 2025

Approved and authorised by the Board on 23 April 2026 and signed on its behalf by:
 

.........................................

F S Maes

Director

Company registration number: 06422434

C.GEN Killingholme Limited

Statement of Changes in Equity for the Year Ended 31 December 2025

	Share capital £	Retained earnings £	Total £
At 1 January 2025	27,250,000	6,681,365	33,931,365
Profit for the year	-	1,935,148	1,935,148
Dividends	-	(24,000,000)	(24,000,000)
Purchase of own share capital	(17,250,000)	17,250,000	-
At 31 December 2025	10,000,000	1,866,513	11,866,513

	Share capital £	Retained earnings £	Total £
At 1 January 2024	27,250,000	(2,330,172)	24,919,828
Profit for the year	-	9,011,537	9,011,537
At 31 December 2024	27,250,000	6,681,365	33,931,365

C.GEN Killingholme Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
130 Shaftesbury Avenue
2nd Floor
London
W1D 5EU

The principal activity of the company is that of energy development.

2	Accounting policies

Statement of compliance

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' Section 1A and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except any items disclosed in the accounting policies as being shown at fair value and are presented in sterling, which is the functional currency of the entity.

Summary of significant accounting policies

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Going concern

The company had net assets at 31 December 2025 amounting to £11,866,513.
The company has few fixed overheads and the cashflow forecasts prepared demonstrate that the company has sufficient working capital for a period of at least 12 months from the date of approval of the financial statements.

Having made sufficient enquiries, and based upon the above, the directors have a reasonable expectation that the company has adequate resources to continue operating in the foreseeable future. Accordingly, the directors continue to adopt the going concern basis in preparing the financial statements.

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

C.GEN Killingholme Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a charge attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives.No depreciation is provided until the development is complete are providing economic benefit .

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life. No amortisation is provided until the development is complete and providing economic benefit.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

C.GEN Killingholme Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

3	Staff numbers

The average number of persons employed by the company during the year, was 0 (2024 - 1).

4	Tangible assets

	Freehold land £	Total £
Cost or valuation
At 1 January 2025	7,200,457	7,200,457
At 31 December 2025	7,200,457	7,200,457
Carrying amount
At 31 December 2025	7,200,457	7,200,457
At 31 December 2024	7,200,457	7,200,457

5

Debtors

	2025 £	2024 £
Trade debtors	782	782
Other debtors	2,321,196	32,806,436
Deferred tax asset	2,500,000	2,500,000
	4,821,978	35,307,218

6

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Trade creditors	1,286	48,981
Amounts owed to group undertakings	139,681	176,356
Taxation and social security	-	8,602,853
Accruals and deferred income	16,619	35,836
	157,586	8,864,026