REGISTERED NUMBER: 13566771 (England and Wales)

CHELSEA GREEN ENGINES LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mr R J Allard

REGISTERED OFFICE:

4a Elystan Street

London

SW3 3NS

REGISTERED NUMBER:

13566771 (England and Wales)

ACCOUNTANTS:

Christiansons Ltd

Chartered Certified Accountants

Sterling House

Fulbourne Road

Walthamstow

London

E17 4EE

CURRENT ASSETS

Debtors

4

100,000

101,900

Cash at bank

452

6,112

100,452

108,012

CREDITORS

Amounts falling due within one year

5

1,774

19,275

NET CURRENT ASSETS

98,678

88,737

TOTAL ASSETS LESS CURRENT LIABILITIES

98,678

88,737

CREDITORS

Amounts falling due after more than one year

6

313,397

298,441

NET LIABILITIES

(214,719

)

(209,704

)

CAPITAL AND RESERVES

Called up share capital

7

130

130

Retained earnings

8

(214,849

)

(209,834

)

SHAREHOLDERS' FUNDS

(214,719

)

(209,704

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 10 July 2026 and were signed by:

Mr R J Allard - Director

1.	STATUTORY INFORMATION

Chelsea Green Engines 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.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

The financial statements are prepared in US dollar being the most relevant currency for the company.

Turnover

Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Foreign currencies

Assets and liabilities in foreign currencies are translated into US dollar at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into US dollar at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Going concern

As at the year end the company has net liabilities of $214,719 (2024: $209,704) and relies on funds from its director to run its day-to-day business. The directors have confirmed that they will continue to support the company for the foreseeable future. These accounts have therefore been prepared on a going concern basis.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.25

30.11.24

$

$

Other debtors

100,000

100,000

VAT

-

1,900

100,000

101,900

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.25

30.11.24

$

$

Trade creditors

-

4,206

Other creditors

-

13,374

Accrued expenses

1,774

1,695

1,774

19,275

Included in other creditors is an amount of $Nil (2024: $13,374) due to Plane Invest Ltd, a connected company. The loan is unsecured, interest free and repayable on demand.

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.11.25

30.11.24

$

$

Other creditors

313,397

298,441

Included in other creditors is an amount of $313,397 (2024: $298,441) due to PB Leasing Aircraft No.9 Limited.

All the loans are unsecured, interest free and repayable on demand.

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.11.25

30.11.24

value:

$

$

100

Ordinary A

£1

130

130

8.

RESERVES

Retained

earnings

$

At 1 December 2024

(209,834

)

Deficit for the year

(5,015

)

At 30 November 2025

(214,849

)

9.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr R J Allard.