Exitus Holding 3 Limited (formerly 1Energy Holding 3 Limited)

(Registration number: 14490692)
Balance Sheet as at 31 December 2025

	Note	2025 £	2024 £
Fixed assets
Investments	4	2	2
Current assets
Debtors	5	100	100
Creditors: Amounts falling due within one year	6	(2)	(2)
Net current assets		98	98
Total assets less current liabilities		100	100
Capital and reserves
Called up share capital	7	100	100
Total shareholders funds		100	100

Exitus Holding 3 Limited (formerly 1Energy Holding 3 Limited)

(Registration number: 14490692)
Balance Sheet as at 31 December 2025

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

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 477; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

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

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Approved and authorised for issue by the Board on 15 September 2026 and signed on its behalf by:
 

.........................................

J P Bungey
Director

Exitus Holding 3 Limited (formerly 1Energy Holding 3 Limited)

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

1	Statutory information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
1 Park Row
Leeds
United Kingdom
LS1 5AB

2	Accounting policies

Summary of significant accounting policies

The accounting policies adopted by the company have been selected and applied based on the best judgment and in accordance with the requirements of the applicable accounting standards. The company will continue to review and refine its accounting policies as necessary to ensure compliance with the accounting standards and changing needs of the business.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention.

The financial statements are prepared in pounds sterling which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

Going concern

The financial statements have been prepared on the going concern basis. In making this assessment, the directors have considered the company's financial position and its ability to meet its liabilities as they fall due for a period of at least twelve months from the date of approval of these financial statements.

The company is a holding company and has no trading activities. The company's net assets comprise share capital and amounts due from shareholders in respect of unpaid share capital. The directors have no intention of liquidating the company or ceasing its activities and consider it appropriate to prepare the financial statements on a going concern basis.

Exitus Holding 3 Limited (formerly 1Energy Holding 3 Limited)

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

Expenses

Certain administrative expenses are being borne by 1Energy Group Limited and will not be reimbursed. 1Energy Group Limited is a related party by virtue of the directors of this company being on the board of 1Energy Group Limited.

Investments

FRS 102 generally requires investments in equity shares that are not held for trading to be measured at fair value. However, as the shares in Exeter Energy Limited are not publicly traded and there is no active market for these shares, fair value cannot be reliably measured. As a result, the investment is measured at cost less impairment, in accordance with FRS 102.

Trade and other debtors

Trade and other debtors are recognised initially at transaction price plus attributable transaction costs. Subsequent to initial recognition they are measured at amortised cost using the effective interest method, less any impairment losses.

Trade and other creditors

Trade and other creditors are recognised initially at transaction price less attributable transaction costs. Subsequent to initial recognition they are measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity.

3	Staff numbers

The average number of persons employed by the company during the year, was 0 (2024 - 0).

4	Investments

	2025 £	2024 £
Investments	2	2