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

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

Amped Investments Limited is a private company limited by shares incorporated in England and Wales. The registered office is The Summit, Woodwater Park, Pynes Hill, Exeter, United Kingdom, EX2 5WS.

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

The company meets its day to day working capital requirements through continued financial support from its director, shareholders and a third party finance facility. The balance of finance from the third party provider has been refinanced and extended in the current year. On the basis of continued support from these stakeholders, the director considers it appropriate to prepare the financial statements on the going concern basis. The financial statements do not include any adjustments that would result from a withdrawal of this support.

Turnover represents amounts receivable for the generation, sale and export of electricity net of VAT and trade discounts.

Generation

Revenue from the generation and sale of electricity is recognised based on meter readings taken periodically at customer properties and rates per unit of usage as agreed in Power Purchase Agreement contracts.

Where electricity is provided to customers at a discounted rate the revenue recognised is grossed up to reflect a deemed rental charge contra for use of the customers premises.

Export and Feed in Tariff

Income from the export of electricity to the National Grid and the Feed in Tariff (FiT) are recognised when it is probable that the economic benefits will flow to the company and the amount of revenue can be measured reliably. Income is accrued with reference to electricity units generated and agreed export and FiT rates.

Tangible fixed assets are initially measured at cost and subsequently measured at cost, net of depreciation.

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

The average monthly number of persons (including directors) employed by the company during the year was:

Bank loans represent the current portion of the company's Bounce Back Loan.

Other creditors includes a balance of £95,553 (2024 - £87,501) relating to the current portion of loan financing. Amounts outstanding on the loan are secured on a fixed and floating charge over the assets of the company.

Other creditors also includes a balance of £267,423 (2024 - £312,531) due to directors and participators. The balances outstanding are unsecured and deemed repayable on demand.

Bank loans represent the non-current portion of the company's Bounce Back Loan.

Other creditors includes a balance of £1,029,182 (2024 - £1,123,145) relating to the non-current portion of loan financing. Amounts outstanding on the loan are secured on a fixed and floating charge over the assets of the company.

The company continued to be in receipt of a loan from company with directors in common. Outstanding loan balances were unsecured, interest free and deemed repayable on demand.

During the period the loan balance, a total of £79,338, was written off. The balance outstanding at the period end was £Nil (2024 - £72,645).