ACCOUNTS - Final Accounts preparation

Registered number: 14677116

GREENER POWER SOLUTIONS LTD

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2025

GREENER POWER SOLUTIONS LTD

REGISTERED NUMBER: 14677116

BALANCE SHEET

AS AT 31 DECEMBER 2025

		2025		2024
Note		£		£

Fixed assets
Tangible assets	5		32,507		29,397
			32,507		29,397
Current assets
Debtors: amounts falling due within one year	6	1,596,669		1,989,773
Cash at bank and in hand	7	737,343		521,121
		2,334,012		2,510,894
Creditors: amounts falling due within one year	8	(2,038,953)		(2,419,218)
Net current assets			295,059		91,676
Total assets less current liabilities			327,566		121,073

Net assets			327,566		121,073

Capital and reserves
Called up share capital	100	100
Profit and loss account	327,466	120,973
	327,566	121,073

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GREENER POWER SOLUTIONS LTD

REGISTERED NUMBER: 14677116

BALANCE SHEET (CONTINUED)

AS AT 31 DECEMBER 2025

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 have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

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

S Dekker

Director

Date: 17 July 2026

The notes on pages 3 to 9 form part of these financial statements.

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GREENER POWER SOLUTIONS LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

1.	General information

Greener Power Solutions Limited is a private company limited by shares and incorporated in England (registered number: 14677116). The registered office address of the Company is 101 New Cavendish Street, 1st Floor South, London, W1W 6XH.

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 following principal accounting policies have been applied:

2.2

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Profit and Loss Account within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

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GREENER POWER SOLUTIONS LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

2.Accounting policies (continued)

2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

∙the amount of revenue can be measured reliably;

∙it is probable that the Company will receive the consideration due under the contract;

∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and

∙the costs incurred and the costs to complete the contract can be measured reliably.

2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

2.5

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

2.6

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.

2.7

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

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

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GREENER POWER SOLUTIONS LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

2.Accounting policies (continued)

2.8

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Long-term leasehold property	-	10%
Plant and machinery	-	20%
Fixtures and fittings	-	20%
Office equipment	-	20%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

2.9

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.10

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.11

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 average monthly number of employees, including directors, during the year was 13 (2024 - 9).

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GREENER POWER SOLUTIONS LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

4.	Taxation

		2025	2024
		£	£

Corporation tax
Current tax on profits for the year	69,708	30,863

Total current tax	69,708	30,863

Factors affecting tax charge for the year
The tax assessed for the year is the same as (2024 - the same as) the standard rate of corporation tax in the UK of 25% (2024 - 25%) as set out below:
	2025	2024
	£	£

Profit on ordinary activities before tax

276,201

190,300

Profit on ordinary activities multiplied by standard rate of corporation tax in the UK of 25% (2024 - 25%)	69,050	47,575
Effects of:
Expenses not deductible for tax purposes, other than goodwill amortisation and impairment	1,435	275
Capital allowances for year in excess of depreciation	(777)	(7,349)
Utilisation of tax losses	-	(9,616)
Marginal relief	-	(22)
Total tax charge for the year	69,708	30,863

Factors that may affect future tax charges

There were no factors that may affect future tax charges.

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		GREENER POWER SOLUTIONS LTD

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

Tangible fixed assets

	Long-term leasehold property	Plant and machinery	Fixtures and fittings	Office equipment	Other fixed assets	Total
	£	£	£	£	£	£
Cost or valuation
At 1 January 2025	4,645	-	6,757	7,241	11,717	30,360
Additions	-	11,717	8,260	1,824	-	21,801
Disposals	-	-	-	-	(11,717)	(11,717)
At 31 December 2025	4,645	11,717	15,017	9,065	-	40,444
Depreciation
At 1 January 2025	174	-	390	399	-	963
Charge for the year on owned assets	465	2,148	2,637	1,724	-	6,974
At 31 December 2025	639	2,148	3,027	2,123	-	7,937
Net book value
At 31 December 2025	4,006	9,569	11,990	6,942	-	32,507
At 31 December 2024	4,471	-	6,367	6,842	11,717	29,397

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GREENER POWER SOLUTIONS LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

Debtors

					2025	2024
					£	£


Trade debtors	1,539,637	1,918,655
Other debtors	18,129	28,544
Prepayments and accrued income	38,903	42,574
	1,596,669	1,989,773

7.	Cash and cash equivalents
		2025	2024
		£	£

Cash at bank and in hand	737,343	521,121
	737,343	521,121

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

Trade creditors	14,062	47,310
Amounts owed to group undertakings	1,394,533	1,862,091
Corporation tax	69,708	30,863
Other taxation and social security	361,391	347,519
Other creditors	4,939	25,656
Accruals and deferred income	194,320	105,779
	2,038,953	2,419,218

9.	Pension commitments

The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £27,256 (2024 - £17,630). Contributions totalling £4,939 (2024 - £4,451) were payable to the fund at the balance sheet date and are included in creditors.

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GREENER POWER SOLUTIONS LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

10.	Controlling party

The immediate controlling party is Greener Power Solutions B.V., a private company incorporated in the Netherlands, by virtue of its 100% shareholding. The registered office address is Joop Geesinkweg 901–999, 1114 AB Amsterdam-Duivendrecht, The Netherlands.

The ultimate controlling party is Orange Power Holdings B.V., a private company incorporated in the Netherlands. The registered office address is Schiphol Boulevard 269, Toren D, 10th Floor, 1118 BH Schiphol, The Netherlands.

11.	Auditors' information

The auditors' report on the financial statements for the year ended 31 December 2025 was unqualified.

The audit report was signed on 17 July 2026 by (Senior Statutory Auditor) on behalf of Harris & Trotter LLP.

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