Contents of the Financial Statements

for the Period Ended 31 December 2025

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

Directors' report period ended 31 December 2025

The directors present their report with the financial statements of the company for the period ended 31 December 2025

Directors

The directors shown below have held office during the whole of the period from
1 January 2025 to 31 December 2025

richard o'loughlin
michael phelan

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
15 June 2026

And signed on behalf of the board by:
Name: richard o'loughlin
Status: Secretary

Profit And Loss Account

for the Period Ended 31 December 2025

	2025	2024
	£	£
Turnover:	36,509,153	24,798,358
Cost of sales:	( 29,508,760 )	( 19,290,886 )
Gross profit(or loss):	7,000,393	5,507,472
Distribution costs:	0	0
Administrative expenses:	( 4,792,690 )	( 4,168,115 )
Other operating income:	27,413	89,750
Operating profit(or loss):	2,235,116	1,429,107
Interest receivable and similar income:	0	0
Interest payable and similar charges:	0	0
Profit(or loss) before tax:	2,235,116	1,429,107
Tax:	( 653,468 )	0
Profit(or loss) for the financial year:	1,581,648	1,429,107

Balance sheet

As at 31 December 2025

	Notes	2025	2024
		£	£
Called up share capital not paid:		0	0
Fixed assets
Intangible assets:		0	0
Tangible assets:		0	0
Investments:		0	0
Total fixed assets:		0	0
Current assets
Stocks:	3	59,982	106,931
Debtors:	4	12,956,677	7,146,382
Cash at bank and in hand:		1,415,412	622,856
Investments:		0	0
Total current assets:		14,432,071	7,876,169
Prepayments and accrued income:		0	0
Creditors: amounts falling due within one year:	5	( 13,499,228 )	( 8,524,974 )
Net current assets (liabilities):		932,843	(648,805)
Total assets less current liabilities:		932,843	( 648,805)
Creditors: amounts falling due after more than one year:		0	0
Provision for liabilities:		0	0
Accruals and deferred income:		0	0
Total net assets (liabilities):		932,843	(648,805)
Capital and reserves
Called up share capital:		1	1
Share premium account:		0	0
Other reserves:		0	0
Profit and loss account:		932,842	(648,806 )
Total Shareholders' funds:		932,843	(648,805)

The notes form part of these financial statements

Balance sheet statements

For the year ending 31 December 2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The notes form part of these financial statements

Notes to the Financial Statements

for the Period Ended 31 December 2025

• 1. Accounting policies

  Basis of measurement and preparation

  These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

  Turnover policy

  Revenue represents the fair value of consideration receivable in the ordinary course of the Company’s activities, net of discounts, rebates, value added tax and other sales taxes. Revenue is recognised when it is probable that the economic benefits will flow to the Company and the amount of revenue can be measured reliably. Revenue is primarily derived from the provision of energy management and optimisation services, including demand side response, balancing services and participation in electricity markets, together with associated platform, software-as-a-service (SaaS), and performance-based fees. The Company also generates revenue from facilitating power purchase arrangements for renewable energy generators, including solar, hydro and wind, and from providing services to energy storage assets, including battery energy storage systems, in the delivery of energy services. Revenue from services is recognised in the period in which the services are provided, by reference to the stage of completion of the contract at the reporting date. Where revenue is performance-based, it is recognised when the relevant performance conditions have been satisfied and the amount can be reliably measured. Page

  Other accounting policies

  basis of preparation, frs102, going concern, foreign currency, deferred expenditure, government grants, pensions, taxation, stocks, debtors, cash, creditors

Notes to the Financial Statements

for the Period Ended 31 December 2025

• 2. Employees

  	2025	2024
  Average number of employees during the period	23	22