REGISTERED NUMBER: 11753129 (England and Wales)

PREMIER CONNECTIONS LIMITED

FINANCIAL STATEMENTS

FOR THE PERIOD

1 APRIL 2024 TO 29 OCTOBER 2024

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

R J Cox

S K Adams

REGISTERED OFFICE:

Effective Home Ltd

Carriage Court

Welbeck Estate

Worksop

Nottinghamshire

S80 3LR

REGISTERED NUMBER:

11753129 (England and Wales)

AUDITORS:

Xeinadin Audit Limited

Statutory Auditor, Chartered Accountants

Sidings House, Sidings Court

Lakeside

Doncaster

South Yorkshire

DN4 5NU

FIXED ASSETS

Tangible assets

4

-

16,026

Investments

5

100

100

100

16,126

CURRENT ASSETS

Debtors

6

20,800

1,912,160

Cash at bank and in hand

103,437

14,529

124,237

1,926,689

CREDITORS

Amounts falling due within one year

7

86,407

2,121,340

NET CURRENT ASSETS/(LIABILITIES)

37,830

(194,651

)

TOTAL ASSETS LESS CURRENT LIABILITIES

37,930

(178,525

)

CREDITORS

Amounts falling due after more than one year

8

(32,111

)

(40,672

)

PROVISIONS FOR LIABILITIES

-

(3,596

)

NET ASSETS/(LIABILITIES)

5,819

(222,793

)

CAPITAL AND RESERVES

Called up share capital

2

10,001

Share premium

29,998

-

Retained earnings

(24,181

)

(232,794

)

SHAREHOLDERS' FUNDS

5,819

(222,793

)

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 19 June 2026 and were signed on its behalf by:

S K Adams - Director

1.	STATUTORY INFORMATION

Premier Connections 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.

The financial statements cover a shortened period from 1 April 2024 to 29 October 2024, the change in year end was made to align with a group restructuring undertaken by Effective Energy Group.

Going concern

In August 2023, Effective Energy Group Limited, the ultimate parent company, commenced the transfer of all the assets, liabilities, including all contracts and staff of Premier Connections Limited to other entities within the Group.

The transfer was completed during the period and is in line with the Group's post integration strategy to combine the sales capability of the Premier business with the delivery capability of Effective Home.

On 29 October 2024, Effective Energy Group Limited completed a group restructuring process. As a result of this restructuring, the Company has ceased trading activities and no longer operates as part of the Group's ongoing structure.

The directors intend to strike off the Company following the completion of any remaining administrative matters. Accordingly, at the date of approval of these financial statements, the directors have concluded that it is not appropriate to prepare the financial statements on a going concern basis. The financial statements have therefore been prepared on a break-up basis, with assets and liabilities stated at their estimated recoverable amounts.

Preparation of consolidated financial statements

The financial statements contain information about Premier Connections Limited as an individual Company and do not contain consolidated financial information as the parent of a group. The Company is exempt under Section 400 of the Companies Act 2006 from the requirements to prepare consolidated financial statements as it and its subsidiary undertaking are included by full consolidation in the consolidated financial statements of its parent, Effective Energy Group Limited, 1 Boston Road, Leicester, Leicestershire, LE4 1AA.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful

life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

- 25% on cost

Fixtures and fittings

- 25% on cost

Motor vehicles

- 20% on cost

Computer Equipment

- 33% on cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Taxation

Taxation for the period 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 period 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 period was NIL (2024 - 1 ).

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 April 2024

24,087

8,388

500

14,791

47,766

Disposals

(24,087

)

(8,388

)

(500

)

(14,791

)

(47,766

)

At 29 October 2024

-

-

-

-

-

DEPRECIATION

At 1 April 2024

14,461

5,591

225

11,463

31,740

Charge for period

3,513

962

58

1,652

6,185

Eliminated on disposal

(17,974

)

(6,553

)

(283

)

(13,115

)

(37,925

)

At 29 October 2024

-

-

-

-

-

NET BOOK VALUE

At 29 October 2024

-

-

-

-

-

At 31 March 2024

9,626

2,797

275

3,328

16,026

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 April 2024

and 29 October 2024

100

NET BOOK VALUE

At 29 October 2024

100

At 31 March 2024

100

Details of the investments in which the parent company has an interest of 20% or more are as follows:

Subsidiary Undertakings

Company Registration Number

Class of Share

Percentage of Shares Held

Premier Renewables Energy Limited

11756000

Ordinary £1

100%

Registered Office: Lakeside House, 16a Cove Road, Fleet, GU51 2RN

Nature of business: Energy Consultancy

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2024

£

£

Amounts owed by group undertakings

-

1,888,531

Other debtors

20,800

23,629

20,800

1,912,160

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2024

£

£

Bank loans and overdrafts

-

7,578

Amounts owed to group undertakings

86,407

2,095,217

Taxation and social security

-

15,333

Other creditors

-

3,212

86,407

2,121,340

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2024

£

£

Bank loans

-

8,561

Amounts owed to group undertakings

32,111

32,111

32,111

40,672

9.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Candice Beynon FCCA (Senior Statutory Auditor)

for and on behalf of Xeinadin Audit Limited

10.	RELATED PARTY DISCLOSURES

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.

During the year the Company entered into a number of related party transactions with group and connected companies.

Connected Companies

Prem IT Solutions

At the Balance Sheet date, a balance is owed from the Company of £32,111 (2024: £32,111). The loan is interest free and repayable on demand.

11.	ULTIMATE CONTROLLING PARTY

The ultimate parent undertaking was Effective Energy Group Limited to 28 October 2024, a company incorporated in England and Wales, whose ultimate controlling parties are Mr R J Cox and L J Cottingham.

The consolidated accounts of Effective Energy Group Limited, in which the Company were included, are available to the public and may be obtained from Companies House.

At 29 October 2024 the ultimate parent undertaking became ABCD Holdco Limited, a company incorporated in England and Wales, whose ultimate controlling parties are Mr R J Cox and L J Cottingham.