ACCOUNTS - Final Accounts preparation

Registered number: 13078723

TINZ PROGRAMME 1 PROJECTCO 2 LIMITED

UNAUDITED

DIRECTORS' REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

TINZ PROGRAMME 1 PROJECTCO 2 LIMITED

CONTENTS

	Page
Company Information	1
Directors' Report	2
Income Statement	3
Statement of Financial Position	4
Notes to the Financial Statements	5 - 6

TINZ PROGRAMME 1 PROJECTCO 2 LIMITED

COMPANY INFORMATION

Directors	I R Graves (resigned 24 February 2025)
	J A L Harben (appointed 24 February 2025, resigned 3 July 2025)
	H Hurley (appointed 3 July 2025)
	C M J Veal


Registered number	13078723


Registered office	Gables Lodge
	62 Kenilworth Road
	Leamington Spa
	CV32 6JX


Bankers	HSBC UK Bank plc
	1 Centenary Square
	Birmingham
	B1 1HQ

Page 1

TINZ PROGRAMME 1 PROJECTCO 2 LIMITED

DIRECTORS' REPORT

FOR THE YEAR ENDED 31 DECEMBER 2025

The Directors present their report and the financial statements for the year ended 31 December 2025.

Directors

The Directors who served during the year were:

I R Graves (resigned 24 February 2025)

J A L Harben (appointed 24 February 2025, resigned 3 July 2025)

H Hurley (appointed 3 July 2025)

C M J Veal

Small companies note

In preparing this report, the Directors have taken advantage of the small companies exemptions provided by section 415A of the Companies Act 2006.

This report was approved by the board on 2 July 2026 and signed on its behalf.

H Hurley

Director

Page 2

TINZ PROGRAMME 1 PROJECTCO 2 LIMITED

INCOME STATEMENT

FOR THE YEAR ENDED 31 DECEMBER 2025

	2025	2024
	£	£


Cost of sales	-	(233,520)
Gross profit/(loss)	-	(233,520)
Administrative expenses	(120)	233,520
Operating (loss)/profit	(120)	-
(Loss)/profit before tax	(120)	-
Tax on (loss)/profit	-	-
(Loss)/profit for the financial year	(120)	-

The notes on pages 5 to 6 form part of these financial statements.

Page 3

TINZ PROGRAMME 1 PROJECTCO 2 LIMITED

REGISTERED NUMBER: 13078723

STATEMENT OF FINANCIAL POSITION

AS AT 31 DECEMBER 2025

		2025		2024
Note		£		£


Current assets
Cash at bank and in hand	4	165		100
Creditors: amounts falling due within one year	5	(185)		-
Net current (liabilities)/assets			(20)		100

Net (liabilities)/assets			(20)		100

Capital and reserves
Called up share capital	6	100	100
Profit and loss account		(120)	-
Shareholders' funds		(20)	100

The Directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The Directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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

H Hurley

Director

Approved by the board on 2 July 2026

The notes on pages 5 to 6 form part of these financial statements.

Page 4

TINZ PROGRAMME 1 PROJECTCO 2 LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

1.	General information

TINZ Programme 1 ProjectCo 2 Limited is a private company limited by shares and is incorporated in England and Wales. Its registered number is 13078723. The registered office address is Gables Lodge, 62 Kenilworth Road, Leamington Spa, CV32 6JX.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006. 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 comprise the unaudited financial statements of the Company and are stated in pound sterling, the Company's functional and presentational currency. Monetary amounts in these financial statements are rounded to the nearest £.

The following principal accounting policies which have been applied consistently throughout the year are set out below.

2.2

Cash at bank

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

2.3

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Employees

The Company has no employees (2024 - Nil) and there were £Nil (2024 - £Nil) staff costs during the year.

The Directors did not receive any renumeration from the Company (2024 - £Nil) but were renumerated by their respective employing entity.

4.	Cash and cash equivalents
		2025	2024
		£	£

	Cash at bank and in hand	165	100

Page 5

TINZ PROGRAMME 1 PROJECTCO 2 LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

5.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Trade creditors	15	-
Amounts owed to group undertakings	170	-
	185	-

Amounts owed to group undertakings are unsecured, repayable on demand and no interest is payable on these amounts.

6.	Share capital
		2025	2024
		£	£

Authorised, allotted, called up and fully paid

100 (2024 - 100) Ordinary shares of £1 each	100	100

There is a single class of ordinary shares. There are no restrictions on dividends and the repayment of capital.

7.	Related party transactions
	The Company has taken advantage of the exemption available in section 33 Related Party Disclosures of FRS 102 to not disclose transactions with other wholly owned subsidiaries in the group.

8.	Events after the reporting date

There were no events subsequent to the date of the Statement of Financial Position with a material impact on the reporting period.

9.	Ultimate controlling party

The Company's immediate parent company is TINZ Programme 1 HoldCo Limited which is a subsidiary of TINZ Limited.

TINZ Limited is jointly controlled by Net Zero Energy Development Limited and Transmission Investment Holdings Limited.

There is no ultimate controlling party.

Page 6