IRIS Accounts Production v26.1.10.61 SC421956 Board of Directors Board of Directors Board of Directors Board of Directors 1.5.24 30.4.25 30.4.25 0 0 false true false false true false iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh SC421956 2024-04-30 SC421956 2025-04-30 SC421956 2024-05-01 2025-04-30 SC421956 2023-04-30 SC421956 2023-05-01 2024-04-30 SC421956 2024-04-30 SC421956 ns15:Scotland 2024-05-01 2025-04-30 SC421956 ns14:PoundSterling 2024-05-01 2025-04-30 SC421956 ns10:Director1 2024-05-01 2025-04-30 SC421956 ns10:Director2 2024-05-01 2025-04-30 SC421956 ns10:Director3 2024-05-01 2025-04-30 SC421956 ns10:Director4 2024-05-01 2025-04-30 SC421956 ns10:PrivateLimitedCompanyLtd 2024-05-01 2025-04-30 SC421956 ns10:SmallEntities 2024-05-01 2025-04-30 SC421956 ns10:AuditExempt-NoAccountantsReport 2024-05-01 2025-04-30 SC421956 ns10:SmallCompaniesRegimeForDirectorsReport 2024-05-01 2025-04-30 SC421956 ns10:SmallCompaniesRegimeForAccounts 2024-05-01 2025-04-30 SC421956 ns10:FullAccounts 2024-05-01 2025-04-30 SC421956 ns10:Director5 2024-05-01 2025-04-30 SC421956 ns10:Director6 2024-05-01 2025-04-30 SC421956 ns10:RegisteredOffice 2024-05-01 2025-04-30 SC421956 ns5:CurrentFinancialInstruments 2025-04-30 SC421956 ns5:CurrentFinancialInstruments 2024-04-30 SC421956 ns5:ShareCapital 2025-04-30 SC421956 ns5:ShareCapital 2024-04-30 SC421956 ns5:RetainedEarningsAccumulatedLosses 2025-04-30 SC421956 ns5:RetainedEarningsAccumulatedLosses 2024-04-30 SC421956 ns5:CurrentFinancialInstruments 2024-05-01 2025-04-30 SC421956 5 ns10:Director5 2024-04-30 SC421956 5 ns10:Director5 2023-04-30 SC421956 5 ns10:Director5 2024-05-01 2025-04-30 SC421956 5 ns10:Director5 2023-05-01 2024-04-30 SC421956 5 ns10:Director5 2025-04-30 SC421956 5 ns10:Director5 2024-04-30 SC421956 6 ns10:Director6 2024-04-30 SC421956 6 ns10:Director6 2023-04-30 SC421956 6 ns10:Director6 2024-05-01 2025-04-30 SC421956 6 ns10:Director6 2023-05-01 2024-04-30 SC421956 6 ns10:Director6 2025-04-30 SC421956 6 ns10:Director6 2024-04-30

REGISTERED NUMBER: SC421956 (Scotland)

Unaudited Financial Statements

for the Year Ended

30 April 2025

for

ARGYLL ENERGY SOLUTIONS LTD

ARGYLL ENERGY SOLUTIONS LTD (REGISTERED NUMBER: SC421956)

Contents of the Financial Statements

for the Year Ended 30 April 2025

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 4 |

ARGYLL ENERGY SOLUTIONS LTD

Company Information

for the Year Ended 30 April 2025

| DIRECTORS: | H Hill

| J Brooks

| G Brooks

| J Black

| B Coughlan

| N H Lock

| REGISTERED OFFICE: | Oakfield House

| 378 Brandon Street

| Motherwell

| ML1 1XA

| REGISTERED NUMBER: | SC421956 (Scotland)

| ACCOUNTANTS: | WDM Associates

| Oakfield House

| 378 Brandon Street

| Motherwell

| ML1 1XA

ARGYLL ENERGY SOLUTIONS LTD (REGISTERED NUMBER: SC421956)

Balance Sheet

30 April 2025

| 2025 |  | 2024

| Notes | £ | £ |

CURRENT ASSETS

Debtors | 4 | 9,806,463 |  | 9,806,463 |  |

Cash at bank | 6 |  | 6 |  |

9,806,469 |  | 9,806,469 |  |

CREDITORS

Amounts falling due within one year | 5 | (10,236,265 | ) | (10,236,265 | ) |

NET CURRENT LIABILITIES | (429,796 | ) | (429,796 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | (429,796 | ) | (429,796 | ) |

CAPITAL AND RESERVES

Called up share capital | 1,000 |  | 1,000 |  |

Retained earnings | (430,796 | ) | (430,796 | ) |

SHAREHOLDERS' FUNDS | (429,796 | ) | (429,796 | ) |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

ARGYLL ENERGY SOLUTIONS LTD (REGISTERED NUMBER: SC421956)

Balance Sheet - continued

30 April 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 11 March 2026 and were signed on its behalf by:

J Black - Director | B Coughlan - Director

N H Lock - Director | H Hill - Director

ARGYLL ENERGY SOLUTIONS LTD (REGISTERED NUMBER: SC421956)

Notes to the Financial Statements

for the Year Ended 30 April 2025

1. | STATUTORY INFORMATION

| Argyll Energy Solutions Ltd 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.

| Basic financial instruments

| Basic financial instruments, which include trade and other debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost.

| 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.

| 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.

| Going concern

| The company has net liabilities of £429,796 as at 30 April 2025. The plant is currently in commissioning mode and is expected to become fully operational during 2026.

3. | EMPLOYEES AND DIRECTORS

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

ARGYLL ENERGY SOLUTIONS LTD (REGISTERED NUMBER: SC421956)

Notes to the Financial Statements - continued

for the Year Ended 30 April 2025

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

| Included in debtors is £8,894,000 (2024- £8,894,000) paid on account to complete the build of a waste to energy facility in South Africa. The facility is nearing completion with discussions ongoing with the operator regarding getting the plant fully operational and the transfer of the Intellectual Property relating to the facility.

| Also included is an amount of £765,00 (2024 - £765,000) received following the sale of founder shares. The treatment of this amount is the subject of an ongoing dispute among board members.

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

2025 | 2024 |

£ | £ |

| Other loans | 2,280,406 |  | 2,280,406 |  |

| Share Income | 7,954,500 |  | 7,954,500 |  |

| Accrued expenses | 1,359 |  | 1,359 |  |

10,236,265 |  | 10,236,265 |  |

| Share Income of £7,954,500 (2024 - £7,954,500) represents money received following the sale of shares in the company by founder shareholders.

6. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

| The following advances and credits to directors subsisted during the years ended 30 April 2025 and 30 April 2024:

2025 | 2024 |

£ | £ |

| J Brooks

| Balance outstanding at start of year | (134,600 | ) | (134,600 | ) |

| Amounts repaid | - |  | - |  |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | - |  | (134,600 | ) |

| G Brooks

| Balance outstanding at start of year | (12,863 | ) | (12,863 | ) |

| Amounts repaid | - |  | - |  |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | - |  | (12,863 | ) |