Chadwick Energy Solutions Ltd

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Accountants' Report	1
Balance Sheet	2—3
Notes to the Financial Statements	4—6

Report to the director on the preparation of the unaudited statutory accounts of Chadwick Energy Solutions Ltd for the year ended 31 October 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Chadwick Energy Solutions Ltd for the year ended 31 October 2025 which comprise the Profit and Loss Account, the Balance Sheet and the related notes, from the company's accounting records and from information and explanations you have given to us.

As a practising member firm of ICAS, we are subject to its ethical and other professional requirements which are detailed at https://www.icas.com/regulation-technical-resources/documents/framework-for-the-preparation-of-accounts.

This report is made solely to the director of Chadwick Energy Solutions Ltd , as a body, in accordance with the terms of our engagement letter dated . Our work has been undertaken solely to prepare for your approval the accounts of Chadwick Energy Solutions Ltd and state those matters that we have agreed to state to the director of Chadwick Energy Solutions Ltd , as a body, in this report in accordance with the requirements of the ICAS as detailed at https://www.icas.com/regulation-technical-resources/documents/framework-for-the-preparation-of-accounts. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Chadwick Energy Solutions Ltd and its director, as a body, for our work or for this report.

It is your duty to ensure that Chadwick Energy Solutions Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Chadwick Energy Solutions Ltd . You consider that Chadwick Energy Solutions Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Chadwick Energy Solutions Ltd . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

23/07/2026

G O Thomson & Co

Chartered Accountants

13 Hope Street

Lanark

ML11 7NL

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Chadwick Energy Solutions Ltd

Balance Sheet

As At 31 October 2025

Balance Sheet

Registered number: SC517293

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		96,501		75,841

			96,501		75,841
CURRENT ASSETS
Debtors	5	1,281,254		1,016,717
Cash at bank and in hand		159,712		295,149

		1,440,966		1,311,866
Creditors: Amounts Falling Due Within One Year	6	(35,877 )		(131,002 )

NET CURRENT ASSETS (LIABILITIES)			1,405,089		1,180,864

TOTAL ASSETS LESS CURRENT LIABILITIES			1,501,590		1,256,705

Creditors: Amounts Falling Due After More Than One Year	7		(160,763 )		(42,466 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(24,125 )		(18,960 )

NET ASSETS			1,316,702		1,195,279

CAPITAL AND RESERVES
Called up share capital	9		3		3
Profit and Loss Account			1,316,699		1,195,276

SHAREHOLDERS' FUNDS			1,316,702		1,195,279

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Chadwick Energy Solutions Ltd

Balance Sheet (continued)

As At 31 October 2025

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

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

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

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr D Chadwick

Director

23/07/2026

The notes on pages 4 to 6 form part of these financial statements.

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Chadwick Energy Solutions Ltd

Notes to the Financial Statements

For The Year Ended 31 October 2025

Notes to the Financial Statements

1. General Information

Chadwick Energy Solutions Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC517293 . The registered office is 13 Hope Street, Lanark, ML11 7NL.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	25% on reducing balance
Motor Vehicles	25% on reducing balance
Computer Equipment	25% on reducing balance

2.4. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

2.5. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

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Chadwick Energy Solutions Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 October 2025

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2024: 2)

4. Tangible Assets

	Motor Vehicles	Computer Equipment	Total
	£	£	£
Cost
As at 1 November 2024	141,458	625	142,083
Additions	82,404	-	82,404
Disposals	(80,125 )	-	(80,125 )

As at 31 October 2025	143,737	625	144,362

Depreciation
As at 1 November 2024	65,881	361	66,242
Provided during the period	32,101	66	32,167
Disposals	(50,548 )	-	(50,548 )

As at 31 October 2025	47,434	427	47,861

Net Book Value
As at 31 October 2025	96,303	198	96,501

As at 1 November 2024	75,577	264	75,841

Included above are assets held under finance leases or hire purchase contracts with a net book value as follows:

	2025	2024
	£	£
Motor Vehicles	96,303	75,577

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	37,533	37,445
Other debtors	1,243,721	979,272

	1,281,254	1,016,717

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	(55,156 )	44,629
Other creditors	7,926	19,308
Taxation and social security	83,107	67,065

	35,877	131,002

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Chadwick Energy Solutions Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 October 2025

7. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	142,796	19,600
Other creditors	17,967	22,866

	160,763	42,466

8. Obligations Under Finance Leases and Hire Purchase

	2025	2024
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	(55,156 )	44,629
Later than one year and not later than five years	142,796	19,600

	87,640	64,229

	87,640	64,229

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	3	3

10. Related Party Transactions

The company has an associated company, EMC Property Investments Limited. The company has advanced loans of £1,187,915 to EMC Propery Investments Limited which have no fixed repayment terms. Interest is charged at the Bank of England base rate on a daily basis. During the year the company charged interest of £27,733 (2024 £27,733) which is included in the financial statements. The companies are associated by common control of the director.

11. Ultimate Controlling Party

The company's ultimate controlling party is D Chadwick by virtue of his ownership of 100% of the issued share capital in the company.

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