REGISTERED NUMBER: SC689923 (Scotland)

Unaudited Financial Statements

For The Year Ended 31 May 2026

for

Clever Energy Solutions Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Miss A Scott

R Hendry

REGISTERED OFFICE:

1 Cambuslang Court

Cambuslang

Glasgow

Strathclyde

G32 8FH

REGISTERED NUMBER:

SC689923 (Scotland)

ACCOUNTANTS:

Atkinson Donnelly LLP

1 Cambuslang Court

Cambuslang

Glasgow

Strathclyde

G32 8FH

FIXED ASSETS

Tangible assets

4

27,609

27,746

CURRENT ASSETS

Stocks

42,000

18,000

Debtors

5

240,404

173,794

Cash at bank

56,749

127,456

339,153

319,250

CREDITORS

Amounts falling due within one year

6

261,149

266,568

NET CURRENT ASSETS

78,004

52,682

TOTAL ASSETS LESS CURRENT LIABILITIES

105,613

80,428

CREDITORS

Amounts falling due after more than one year

7

(9,463

)

(10,222

)

PROVISIONS FOR LIABILITIES

8

(4,807

)

(2,134

)

NET ASSETS

91,343

68,072

CAPITAL AND RESERVES

Called up share capital

50

50

Retained earnings

91,293

68,022

SHAREHOLDERS' FUNDS

91,343

68,072

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 5 August 2026 and were signed on its behalf by:

R Hendry - Director

1.	STATUTORY INFORMATION

Clever Energy Solutions Ltd is a private company, limited by shares , registered in Scotland. 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.

Turnover

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

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

20% on cost

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

33% on cost and 15% on reducing balance

Computer equipment

-

20% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments

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.

Creditors

Short term trade 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.

Cash and Bank Balances

Cash and bank balances are measured at the transaction price.

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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 June 2025

5,312

6,602

24,653

2,687

39,254

Additions

-

434

10,350

1,955

12,739

Disposals

-

-

-

(995

)

(995

)

At 31 May 2026

5,312

7,036

35,003

3,647

50,998

DEPRECIATION

At 1 June 2025

1,188

1,130

8,136

1,054

11,508

Charge for year

1,062

886

9,688

587

12,223

Eliminated on disposal

-

-

-

(342

)

(342

)

At 31 May 2026

2,250

2,016

17,824

1,299

23,389

NET BOOK VALUE

At 31 May 2026

3,062

5,020

17,179

2,348

27,609

At 31 May 2025

4,124

5,472

16,517

1,633

27,746

Fixed assets, included in the above, which are held under hire purchase contracts and finance leases are as follows:

Motor

vehicles

£

COST

At 1 June 2025

and 31 May 2026

24,653

DEPRECIATION

At 1 June 2025

8,136

Charge for year

8,135

At 31 May 2026

16,271

NET BOOK VALUE

At 31 May 2026

8,382

At 31 May 2025

16,517

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.26

31.5.25

£

£

Trade debtors

233,256

165,582

Other debtors

7,148

8,212

240,404

173,794

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.26

31.5.25

£

£

Hire purchase contracts and finance leases

9,679

7,360

Trade creditors

157,206

158,272

Taxation and social security

40,851

41,671

Other creditors

53,413

59,265

261,149

266,568

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.5.26

31.5.25

£

£

Hire purchase contracts and finance leases

9,463

10,222

8.	PROVISIONS FOR LIABILITIES

31.5.26

31.5.25

£

£

Deferred tax

4,807

2,134

Deferred

tax

£

Balance at 1 June 2025

2,134

Provided during year

2,673

Balance at 31 May 2026

4,807

9.	RELATED PARTY DISCLOSURES

At 31/05/2026, Clever Energy Solutions Ltd owed £32,395 (PY - £49,867) to RACE Holdings Ltd, the companies are under common control.