for the Period Ended 31 December 2025
| Balance sheet | |
| Notes |
As at
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Notes |
2025 |
2024 |
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£ |
£ |
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| Fixed assets | |||
| Investments: | 3 |
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| Total fixed assets: |
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| Current assets | |||
| Debtors: |
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| Cash at bank and in hand: |
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| Total current assets: |
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| Creditors: amounts falling due within one year: |
( |
( |
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| Net current assets (liabilities): |
( |
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| Total assets less current liabilities: |
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| Total net assets (liabilities): |
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| Capital and reserves | |||
| Called up share capital: |
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| Profit and loss account: |
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| Shareholders funds: |
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The notes form part of these financial statements
The directors have chosen to not file a copy of the company’s profit & loss account.
This report was approved by the board of directors on
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 31 December 2025
for the Period Ended 31 December 2025
| 2025 | 2024 | |
|---|---|---|
| Average number of employees during the period |
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for the Period Ended 31 December 2025
Investments represent the cost of acquiring of the ordinary share capital of Prokon LLC (5%), Global Energy Solutions LLC (10%), Absheron Qazma LLC (25%) and Nobel Energy Management (10%), (the Entities", all of which are incorporated and operated in the Republic of Azerbaijan. On incorporation 1 ordinary share of $1 was issued in the Company to the shareholder of Entities in exchange for his respective shareholdings in Prokon LLC, Global Energy Solutions LLC and Absheron Qazma LLC. Subsequent to the incorporation the Company made additional contributions in the share capital of Global Energy Solutions LLC in the amount of $446,789 (£343,204) and Nobel Energy Management LLC in the amount of $150,000 (£111,301). In 2024, the Company invested in three new companies through share capital payments. It holds a 5% interest in Enerso LLC with a contribution of AZN 5 (£2), a 10% interest in Enerso Jabrayil LLC with AZN 10,000 (£4,503) and contributed AZN 5 (£2) to Prokon Nakhchivan LLC. In 2025, the charter capital of Enerso Jabrayil LLC was increased, resulting in an increase in the Company’s 10% interest in the entity to AZN 11,095 (£4,846).
for the Period Ended 31 December 2025
| Name of the related party: |
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| Relationship: |
Shareholder
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| Description of the Transaction: |
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| £ | ||
| Balance at 01 January 2025 |
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| Balance at 31 December 2025 |
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