REGISTERED NUMBER: 07484077 (England and Wales)

Financial Statements

for the Year Ended 31 December 2025

for

Eneve Uk Ltd.

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

M Kuiper

T Krikke

REGISTERED OFFICE:

Suite 2

Chancery Court

34 West Street

Retford

Nottinghamshire

DN22 6ES

REGISTERED NUMBER:

07484077 (England and Wales)

AUDITORS:

Wright Vigar Limited

Statutory Auditors

Chartered Accountants & Business Advisers

Chancery Court

34 West Street

Retford

Nottinghamshire

DN22 6ES

FIXED ASSETS

Intangible assets

4

27,951

31,956

Tangible assets

5

14,400

858

42,351

32,814

CURRENT ASSETS

Debtors

6

98,685

221,378

Cash at bank and in hand

233,963

356,470

332,648

577,848

CREDITORS

Amounts falling due within one year

7

113,760

393,303

NET CURRENT ASSETS

218,888

184,545

TOTAL ASSETS LESS CURRENT LIABILITIES

261,239

217,359

PROVISIONS FOR LIABILITIES

10,588

8,204

CAPITAL AND RESERVES

Called up share capital

9

1

1

Retained earnings

250,650

209,154

SHAREHOLDERS' FUNDS

250,651

209,155

261,239

217,359

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 21 August 2026 and were signed on its behalf by:

T Krikke - Director

1.	STATUTORY INFORMATION

Eneve Uk 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.

The company is a 100% subsidiary of C-Sar Energy BV a company registered in The Netherlands. The subsidiary is a key part of the parent company's operations and has the support of its parent. The company therefore continues to adopt the going concern basis in preparing its financial statements.

Turnover

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

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% straight line

Computer equipment

-

33% on cost

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in 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 the Statement of Comprehensive Income.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and best estimate of the recoverable amount, which is an approximation of the amount that the Company would receive for the asset if it were to be sold at the balance sheet date.

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

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 8 (2024 - 7 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 January 2025

and 31 December 2025

40,315

AMORTISATION

At 1 January 2025

8,359

Charge for year

4,005

At 31 December 2025

12,364

NET BOOK VALUE

At 31 December 2025

27,951

At 31 December 2024

31,956

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 January 2025

1,091

8,695

9,786

Additions

10,429

5,773

16,202

At 31 December 2025

11,520

14,468

25,988

DEPRECIATION

At 1 January 2025

246

8,682

8,928

Charge for year

1,403

1,257

2,660

At 31 December 2025

1,649

9,939

11,588

NET BOOK VALUE

At 31 December 2025

9,871

4,529

14,400

At 31 December 2024

845

13

858

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

27,488

15,450

Amounts owed by group undertakings

-

92,167

Other debtors

71,197

113,761

98,685

221,378

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

14,391

20,105

Amounts owed to group undertakings

7,833

-

Taxation and social security

64,707

50,039

Other creditors

26,829

323,159

113,760

393,303

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

£

Within one year

6,283

6,854

Between one and five years

-

6,283

6,283

13,137

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

1

Ordinary

£1

1

1

10.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Matthew Chadwick BA (Hons) FCA (Senior Statutory Auditor)

for and on behalf of Wright Vigar Limited

11.	RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

12.	ULTIMATE CONTROLLING PARTY

The company is controlled by C-Sar Energy BV by owning 100% of the ordinary share capital. The ultimate controlling party is Spark Group BV who owns 100% of C-Sar Energy BV.