REGISTERED NUMBER: 08955328 (England and Wales)

Financial Statements

for the Year Ended 31st December 2025

for

HODDESDON ENERGY LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

L Stefanov

REGISTERED OFFICE:

Hoddesdon Energy Ltd

Rattys Lane

Hoddesdon

Hertfordshire

EN11 0RF

REGISTERED NUMBER:

08955328 (England and Wales)

FIXED ASSETS

Tangible assets

4

51,992,422

51,993,415

CURRENT ASSETS

Debtors

5

164,802

165,029

Cash at bank

16,301

4,370

181,103

169,399

CREDITORS

Amounts falling due within one year

6

3,738,715

2,438,857

NET CURRENT LIABILITIES

(3,557,612

)

(2,269,458

)

TOTAL ASSETS LESS CURRENT LIABILITIES

48,434,810

49,723,957

CAPITAL AND RESERVES

Called up share capital

7

13,665

13,665

Share premium

59,131,948

59,131,948

Retained earnings

(10,710,803

)

(9,421,656

)

SHAREHOLDERS' FUNDS

48,434,810

49,723,957

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 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 31st July 2026 and were signed by:

L Stefanov - Director

1.	STATUTORY INFORMATION

Hoddesdon Energy Ltd 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.

Going concern

The accounts are prepared on a going concern basis which assumes the continuity of the business for the foreseeable future. The director believes this is appropriate due to the continued support of group companies which have enabled the company to continue its project of the renovation and refurbishment of the refuse derived fuel power plant.

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 each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

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

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 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Asset

under

Capitalised

Plant and

construction

Interest

machinery

£

£

£

COST

At 1st January 2025

and 31st December 2025

24,671,151

40,114,974

4,007

DEPRECIATION

At 1st January 2025

12,796,678

-

1,753

Charge for year

-

-

564

At 31st December 2025

12,796,678

-

2,317

NET BOOK VALUE

At 31st December 2025

11,874,473

40,114,974

1,690

At 31st December 2024

11,874,473

40,114,974

2,254

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1st January 2025

and 31st December 2025

947

1,901

64,792,980

DEPRECIATION

At 1st January 2025

414

720

12,799,565

Charge for year

133

296

993

At 31st December 2025

547

1,016

12,800,558

NET BOOK VALUE

At 31st December 2025

400

885

51,992,422

At 31st December 2024

533

1,181

51,993,415

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/25

31/12/24

£

£

Amounts owed by group undertakings

-

90

VAT

30,859

28,433

Prepayments

133,943

136,506

164,802

165,029

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/25

31/12/24

£

£

Trade creditors

181,056

63,973

Amounts owed to group undertakings

3,533,202

2,362,874

Social security and other taxes

10,739

7,308

Other creditors

2,977

1,443

Accrued expenses

10,741

3,259

3,738,715

2,438,857

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/12/25

31/12/24

value:

£

£

13,665

Ordinary

£1

13,665

-

9,500

Ordinary A

£1

-

9500

2,665

Ordinary B

£1

-

2,665

500

Deferred

£1

-

500

496

Ordinary C

£1

-

1,000

13,665

13,665

8.	ULTIMATE CONTROLLING PARTY

The company is under the control of Energa Brussels Nv.