REGISTERED NUMBER: 14460244 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 November 2025

for

Negative Carbon Group Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr S J Green

REGISTERED OFFICE:

3b Castle Court Warwick Road

Fairfield Industrial Estate

Louth

LN11 0YB

REGISTERED NUMBER:

14460244 (England and Wales)

ACCOUNTANTS:

GrowthBuilders Insight LLP

71-75 Shelton Street

Covent Garden

London

WC2H 9JQ

CURRENT ASSETS

Debtors

4

17,255

1

Cash at bank

3,466

-

20,721

1

CREDITORS

Amounts falling due within one year

5

6,693

-

NET CURRENT ASSETS

14,028

1

TOTAL ASSETS LESS CURRENT LIABILITIES

14,028

1

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

14,027

-

14,028

1

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 28 August 2026 and were signed by:

Mr S J Green - Director

1.	STATUTORY INFORMATION

Negative Carbon Group 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.

Turnover

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

Financial instruments

The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties, loans to or from related parties and investments in non-puttable ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit or loss.

For financial assets measured at amortised cost, the impairment loss is measured as the difference between an asset's carrying amount and the present value of estimated cash flows discounted at the asset's original effective interest rate. If a financial asset has a variable interest rate, the discount rate for measuring any impairment loss is the current effective interest rate determined under the contract.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and the best estimate, which is an approximation, of the amount that the company would receive for the asset it it were to be sold at the reporting date. Financial assets and liabilities are offset and the net amount reported in the statement of financial position when there is an enforceable right to set off the recognised amount and there is an intention to settle on a net basis or to realise the asset and settle theliability simultaneously.

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.

Going concern

During the year ended 30 November 2025, the company recorded a profit before taxation of £14,027 (2024: £nil, as the company was dormant during the period) and at that date had net assets of £14,028 (2024: £1, representing issued share capital only).The director has reviewed the company's current financial position, cash flow forecasts and working capital requirements for a period of at least twelve months from the date of approval of these financial statements. Based on this review, the director considers that the company has adequate resources to continue in operational existence for the foreseeable future.

Accordingly, the financial statements have been prepared on the going concern basis.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - NIL ) .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30/11/25

30/11/24

£

£

Trade debtors

228

-

Amounts owed by group undertakings

9,801

1

Other debtors

7,226

-

17,255

1

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30/11/25

30/11/24

£

£

Trade creditors

285

-

Taxation and social security

2,241

-

Other creditors

4,167

-

6,693

-

6.	RELATED PARTY DISCLOSURES

During the year, the company have advanced funds of £9,800 to Reaper Holdings Limited, At 30 November 2025, the outstanding balance due from the parent undertaking was £9,801 (2024: £1). The balance is unsecured, interest-free and has no fixed repayment terms.

7.	ULTIMATE CONTROLLING PARTY

The controlling party is Reaper Holdings Limited.

The ultimate controlling party is Mr S J Green.