IRIS Accounts Production v26.1.10.61 11813641 Board of Directors 1.3.25 28.2.26 28.2.26 false true false false true false Ordinary A 1.00000 Ordinary B 1.00000 Ordinary C 1.00000 Ordinary D 1.00000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 11813641 2025-02-28 11813641 2026-02-28 11813641 2025-03-01 2026-02-28 11813641 2024-02-28 11813641 2024-02-29 2025-02-28 11813641 2025-02-28 11813641 ns15:EnglandWales 2025-03-01 2026-02-28 11813641 ns14:PoundSterling 2025-03-01 2026-02-28 11813641 ns10:Director1 2025-03-01 2026-02-28 11813641 ns10:PrivateLimitedCompanyLtd 2025-03-01 2026-02-28 11813641 ns10:SmallEntities 2025-03-01 2026-02-28 11813641 ns10:AuditExempt-NoAccountantsReport 2025-03-01 2026-02-28 11813641 ns10:SmallCompaniesRegimeForDirectorsReport 2025-03-01 2026-02-28 11813641 ns10:SmallCompaniesRegimeForAccounts 2025-03-01 2026-02-28 11813641 ns10:FullAccounts 2025-03-01 2026-02-28 11813641 ns10:OrdinaryShareClass1 2025-03-01 2026-02-28 11813641 ns10:OrdinaryShareClass2 2025-03-01 2026-02-28 11813641 ns10:OrdinaryShareClass3 2025-03-01 2026-02-28 11813641 ns10:OrdinaryShareClass4 2025-03-01 2026-02-28 11813641 ns10:Director2 2025-03-01 2026-02-28 11813641 ns10:RegisteredOffice 2025-03-01 2026-02-28 11813641 ns5:CurrentFinancialInstruments 2026-02-28 11813641 ns5:CurrentFinancialInstruments 2025-02-28 11813641 ns5:ShareCapital 2026-02-28 11813641 ns5:ShareCapital 2025-02-28 11813641 ns5:RetainedEarningsAccumulatedLosses 2026-02-28 11813641 ns5:RetainedEarningsAccumulatedLosses 2025-02-28 11813641 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2026-02-28 11813641 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-02-28 11813641 ns5:CurrentFinancialInstruments 2025-03-01 2026-02-28 11813641 ns10:OrdinaryShareClass1 2026-02-28 11813641 ns10:OrdinaryShareClass2 2026-02-28 11813641 ns10:OrdinaryShareClass3 2026-02-28 11813641 ns10:OrdinaryShareClass4 2026-02-28

REGISTERED NUMBER: 11813641 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2026

FOR

ERI BEDWAS LIMITED

| ERI BEDWAS LIMITED (REGISTERED NUMBER: 11813641) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2026

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 3 |

| ERI BEDWAS LIMITED |

COMPANY INFORMATION

FOR THE YEAR ENDED 28 FEBRUARY 2026

| DIRECTORS: | Mr Simon Mark Kersey

| Mr Benjamin Rade Stoikovich

| REGISTERED OFFICE: | c/o TC Thompson Taraz Rand

| Suite 20, New Cambridge House

| Bassingbourn Road

| Litlington

| Cambridgeshire

| SG8 0SS

| BUSINESS ADDRESS: | 2 Litlington Road

| Steeple Morden

| Hertfordshire

| SG8 0LX

| REGISTERED NUMBER: | 11813641 (England and Wales)

| ACCOUNTANTS: | TC Group

| 1st Floor

| 5-7 Portugal Place

| Cambridge

| Cambridgeshire

| CB5 8AF

| ERI BEDWAS LIMITED (REGISTERED NUMBER: 11813641) |

BALANCE SHEET

28 FEBRUARY 2026

| 2026 |  | 2025

| Notes | £ | £ |

CURRENT ASSETS

Debtors | 5 | 100,000 |  | 100,000 |  |

Cash and cash equivalents | 418 |  | 124 |  |

100,418 |  | 100,124 |  |

CREDITORS

Amounts falling due within one year | 6 | (104,878 | ) | (103,860 | ) |

NET CURRENT LIABILITIES | (4,460 | ) | (3,736 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | (4,460 | ) | (3,736 | ) |

CAPITAL AND RESERVES

Called up share capital | 7 | 4 |  | 4 |  |

Retained earnings | (4,464 | ) | (3,740 | ) |

SHAREHOLDERS' FUNDS | (4,460 | ) | (3,736 | ) |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 Profit and loss account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 3 August 2026 and were signed on its behalf by:

Mr Simon Mark Kersey - Director

| ERI BEDWAS LIMITED (REGISTERED NUMBER: 11813641) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2026

1. | STATUTORY INFORMATION

| ERI Bedwas 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.

| The presentation currency of the financial statements is the Pound Sterling (£).

2. | STATEMENT OF COMPLIANCE

| 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.

3. | ACCOUNTING POLICIES

| Basis of preparing the financial statements

| The financial statements have been prepared under the historical cost convention.

| These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

| At the balance sheet date current liabilities exceeded current assets by £4,460 (2025: £3,736) The financial statements have been prepared on a going concern basis as the company continues to receive the support of the director where required to ensure it meets all liabilities as they fall due.

| Cash and cash equivalents

| Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

| Trade debtors

| Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

| Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

| Trade creditors

| Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

| Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

| Borrowings

| Interest-bearing borrowings are initially recorded at fair value, net of transaction costs.

| Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between

| ERI BEDWAS LIMITED (REGISTERED NUMBER: 11813641) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 28 FEBRUARY 2026

| the proceeds, net of transaction costs, and the amount due on redemption being recognised as a

| charge to the profit and loss account over the period of the relevant borrowing.

| Interest expense is recognised on the basis of the effective interest method and is included in interest

| payable and similar charges.

| Borrowings are classified as current liabilities unless the company has an unconditional right to defer

| settlement of the liability for at least twelve months after the reporting date.

| Share capital

| Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

| Financial instruments

| Basic financial assets and basic financial liabilities as defined under section 11 of FRS 102, including trade and other debtors, trade and other creditors, cash and bank balances and investments in commercial paper, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

4. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 2 (2025 - 2 ) .

5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2026 | 2025 |

£ | £ |

| Other debtors | 100,000 |  | 100,000 |  |

| The company is owed £100,000 by Energy Recovery Investments Limited, the loan is interest free and has no fixed repayment date. At 28th February 2026 the company was owed £100,000 (2025 - £100,000).

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2026 | 2025 |

£ | £ |

| Other creditors | 104,878 |  | 103,860 |  |

| The company owes Cheyney Resources Limited £54,500, the two companies are connect by Mr Simon Kersey. At 28th February 2026 the company owed Cheyney Resources Limited £54,500 (2025 - £53,500).

| The company also owes £50,000 (2025 - £50,000) to Selwyn Capital Limited, of which Mr Benjamin Stoikovich is a connect person. Both loans are interest free and have no fixed repayment date.

7. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2026 | 2025 |

| value: | £ | £ |

| 1 | Ordinary A | £1 | 1 |  | 1 |  |

| 1 | Ordinary B | £1 | 1 |  | 1 |  |

| 1 | Ordinary C | £1 | 1 |  | 1 |  |

| 1 | Ordinary D | £1 | 1 |  | 1 |  |

4 |  | 4 |  |