Company No: 14774927 (England and Wales)

Contents

• Company Information
• Director's Report
• Director's Responsibilities Statement
• Accountants' Report
• Profit and Loss Account
• Balance Sheet
• Notes to the Financial Statements
• Detailed Profit and Loss Account

DIRECTOR

Karen Robertson

REGISTERED OFFICE

United Kingdom

COMPANY NUMBER

14774927 (England and Wales)

ACCOUNTANT	Ian Walker and Co
	Wellington House
	Aviator Court
	York
	YO30 4UZ
	United Kingdom

The director presents this annual report and the unaudited financial statements of the Company for the financial year ended 30 April 2026.

PRINCIPAL ACTIVITIES

The principal activity of the Company during the financial year was installation of renewable energy solutions

GOING CONCERN

The director has prepared the financial statements on the going concern basis. Further details are provided in the notes to the financial statements.

DIRECTOR

The director, who served during the financial year and to the date of this report except as noted, was as follows:

Karen Robertson

This Director's Report has been prepared in accordance with the provisions applicable to companies entitled to the small companies' exemption provided by section 415A of the Companies Act 2006.

Approved and signed by:

Karen Robertson Director

United Kingdom

22 September 2026

The director is responsible for preparing the annual report and the financial statements in accordance with applicable law and regulations.

Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law), including FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland”. Under company law the director must not approve the financial statements unless the director is satisfied that they give a true and fair view of the state of affairs of the Company and of the profit or loss of the Company for that financial period.

In preparing these financial statements, the director is required to:
* Select suitable accounting policies and then apply them consistently;
* Make judgements and accounting estimates that are reasonable and prudent; and
* Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Company will continue in business.

The director is responsible for keeping adequate accounting records that are sufficient to show and explain the Company's transactions and disclose with reasonable accuracy at any time the financial position of the Company and enable them to ensure that the financial statements comply with the Companies Act 2006. The director is also responsible for safeguarding the assets of the Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The director is responsible for the maintenance and integrity of the corporate and financial information included on the Company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Nola Renewables Limited for the financial year ended 30 April 2026 which comprise the Profit and Loss Account, the Balance Sheet and the related notes 1 to 11 from the Company’s accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Director of Nola Renewables Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Nola Renewables Limited and state those matters that we have agreed to state to you in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at https://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/tf-audit-exempt-companies-jan-24.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Nola Renewables Limited and its Director as a body for our work or for this report.

It is your duty to ensure that Nola Renewables Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Nola Renewables Limited. You consider that Nola Renewables Limited is exempt from the statutory audit requirement for the financial year.

We have not been instructed to carry out an audit or a review of the financial statements of Nola Renewables Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Ian Walker and Co
Accountant

Wellington House
Aviator Court
York
YO30 4UZ
United Kingdom

22 September 2026

	Note	2026		2025
		£		£
Turnover		22,692		66,288
Cost of sales		( 44,847)		( 67,764)
Gross loss		( 22,155)		( 1,476)
Administrative expenses		( 74,394)		( 57,729)
Operating loss		( 96,549)		( 59,205)
Interest receivable and similar income	3	5,004		1,245
Loss before taxation		( 91,545)		( 57,960)
Tax on loss		2,755		10,703
Loss for the financial year		( 88,790)		( 47,257)

	Note	2026		2025
		£		£
Fixed assets
Tangible assets	5	3,666		4,889
		3,666		4,889
Current assets
Debtors	6	33,633		37,868
Cash at bank and in hand	7	110,898		191,254
		144,531		229,122
Creditors: amounts falling due within one year	8	( 12,666)		( 10,382)
Net current assets		131,865		218,740
Total assets less current liabilities		135,531		223,629
Provision for liabilities	9, 10	( 697)		0
Net assets		134,834		223,629
Capital and reserves
Called-up share capital	11	1		1
Profit and loss account		134,833		223,628
Total shareholders' funds		134,834		223,629

For the financial year ending 30 April 2026 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime of the Companies Act 2006 and in accordance with the provisions of FRS 102 Section 1A – small entities.

The financial statements of Nola Renewables Limited (registered number: 14774927) were approved and authorised for issue by the Director on 22 September 2026. They were signed on its behalf by:

Karen Robertson Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Nola Renewables Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is , United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The director has assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The director has a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Plant and machinery etc.

25 - 25 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).

When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

Ordinary share capital

The ordinary share capital of the Company is presented as equity.

2. Employees

	2026		2025
	Number		Number
Monthly average number of persons employed by the Company during the year, including the director	1		2

3. Interest receivable

	2026		2025
	£		£
Interest receivable and similar income	5,004		1,245

4. Tax on loss

	2026		2025
	£		£
Current tax on loss
UK corporation tax	0		0
Adjustments in respect of prior years
Corporation Tax	( 3,452)		( 10,703)
Total current tax	( 3,452)		( 10,703)
Deferred tax
Origination and reversal of timing differences	( 23,051)		( 471)
Effect of change in tax rates on opening liability	23,051		471
Deferred tax	697		0
Total deferred tax	697		0
Total tax on loss	( 2,755)		( 10,703)

Tax reconciliation

The tax assessed for the year is lower than (2025: lower than) the standard rate of corporation tax in the UK:

	2026		2025
	£		£
Loss before taxation	(91,545)		(57,960)
Tax on loss at standard UK corporation tax rate of -% (2025: -%)	0		0
Effects of:
Non-deductible expenses	730		14,025
Non-taxable income	( 895)		0
Effect of rate difference between CT & DT	23,051		471
Total tax charge for year	22,886		14,496

5. Tangible assets

	Plant and machinery etc.		Total
	£		£
Cost
At 01 May 2025	6,943		6,943
At 30 April 2026	6,943		6,943
Accumulated depreciation
At 01 May 2025	2,054		2,054
Charge for the financial year	1,223		1,223
At 30 April 2026	3,277		3,277
Net book value
At 30 April 2026	3,666		3,666
At 30 April 2025	4,889		4,889

6. Debtors

	2026		2025
	£		£
Trade debtors	3,463		0
Corporation tax	0		10,703
Other debtors	30,170		27,165
	33,633		37,868

7. Cash and cash equivalents

	2026		2025
	£		£
Cash at bank and in hand	110,898		191,254

8. Creditors: amounts falling due within one year

	2026		2025
	£		£
Trade creditors	3,784		2,989
Other taxation and social security	( 1,015)		( 924)
Other creditors	9,897		8,317
	12,666		10,382

9. Provision for liabilities

	2026		2025
	£		£
Deferred tax	697		0

	Deferred taxation		Total
	£		£
At 01 May 2025	0		0
Charged to the Profit and Loss Account	697		697
At 30 April 2026	697		697

Deferred tax

	2026		2025
	£		£
Other timing differences	697		0
Provision for deferred tax	697		0

10. Deferred tax

	2026		2025
	£		£
At the beginning of financial year	0		0
Charged to the Profit and Loss Account	( 697)		0
At the end of financial year	( 697)		0

11. Called-up share capital

	2026		2025
	£		£
Allotted, called-up and fully-paid
1 Ordinary share of £ 1.00 (2025: 2 shares of £ 1.00 each)	1		2

	2026		2025
	£		£
Turnover
Sales	22,692		66,288
Cost of sales
Purchases	( 6,219)		( 3,259)
Direct costs	( 13,628)		( 685)
Wages and salaries	( 25,000)		( 18,570)
Sub contract labour	0		( 45,250)
	(44,847)		(67,764)
Gross loss	( 22,155)		( 1,476)
Gross loss percentage	97.63%		2.23%
Administrative expenses
Wages and salaries	0		( 14,562)
Pensions	0		( 40)
Staff training and welfare	( 982)		0
Travel and subsistence	( 13,195)		( 10,753)
Rent	( 4,500)		0
Use of home office	( 2,080)		( 4,160)
Computer expenses	( 1,347)		( 1,096)
Internet, telephone and fax	( 144)		( 144)
Printing, postage and stationery	( 563)		( 220)
Subscriptions	( 7,346)		( 6,757)
Insurance	( 3,534)		( 2,523)
Depreciation	( 1,222)		( 1,630)
Repairs and maintenance	( 332)		0
Donations	( 100)		( 250)
Fines	0		( 240)
Accountancy fees	( 1,827)		( 2,209)
Legal and professional fees	( 27,159)		( 380)
Consultancy	( 1,161)		( 187)
Advertising and PR	( 5,020)		( 11,623)
Staff entertainment	0		( 230)
Client entertainment	( 2,920)		( 725)
Sundry expenses	( 962)		0
	(74,394)		(57,729)
Operating loss	( 96,549)		( 59,205)
Interest receivable and similar income
Bank interest receivable	1,426		1,245
Other interest receivable	3,578		0
	5,004		1,245
Loss before taxation	( 91,545)		( 57,960)