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

The members have not required the company to obtain an audit of its financial statements for the Year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The directors of the company have elected not to include a copy of the income statement within the financial statements.

Fleetwood Energy Investments Limited is a private company limited by shares incorporated in England and Wales. The registered office is C/O Alexander & Co, Centurion House, 129 Deansgate, Manchester, M3 3WR. The company's principal activities and nature of its operations are disclosed in the directors' report.

The financial statements have been prepared in accordance with International Financial Reporting Standards (IFRS) as adopted for use in the United Kingdom and with the requirements of the Companies Act 2006 applicable to companies reporting under IFRS, except as otherwise stated.

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

The financial statements have been prepared under the historical cost convention, except for the revaluation of the company's investment in JUUCE Limited . The principal accounting policies adopted are set out below.

The company's activity is the holding of an investment in, and providing loans to, a group providing electric vehicle charging solutions. The company's investment was impaired in the year and entered an insolvent administration after the balance sheet date. The directors intend to keep the company alive at least until the completion of the administration of the company in which it invested. The directors anticipate loans made available by related parties will not be called to be repaid and funds will be made available to the company to enable it to meet its other liabilities as they arise.true

The directors have at the time of approving the financial statements, a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at fair value. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

Cash and cash equivalents includes cash in hand.

Financial assets are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument. Financial assets are classified into specified categories, depending on the nature and purpose of the financial assets.

At initial recognition, financial assets classified as fair value through profit and loss are measured at fair value and any transaction costs are recognised in profit or loss. Financial assets not classified as fair value through profit and loss are initially measured at fair value plus transaction costs.

When any of the above-mentioned conditions for classification of financial assets is not met, a financial asset is classified as measured at fair value through profit or loss. Financial assets measured at fair value through profit or loss are recognized initially at fair value and any transaction costs are recognised in profit or loss when incurred. A gain or loss on a financial asset measured at fair value through profit or loss is recognised in profit or loss, and is included within finance income or finance costs in the statement of income for the reporting period in which it arises.

Financial instruments are classified as financial assets measured at amortised cost where the objective is to hold these assets in order to collect contractual cash flows, and the contractual cash flows are solely payments of principal and interest. They arise principally from the provision of goods and services to customers (eg trade receivables). They are initially recognised at fair value plus transaction costs directly attributable to their acquisition or issue, and are subsequently carried at amortised cost using the effective interest rate method, less provision for impairment where necessary.

Debt instruments are classified as financial assets measured at fair value through other comprehensive income where the financial assets are held within the company’s business model whose objective is achieved by both collecting contractual cash flows and selling financial assets, and the contractual terms of the financial asset give rise on specified dates to cash flows that are solely payments of principal and interest on the principal amount outstanding.

A debt instrument measured at fair value through other comprehensive income is recognised initially at fair value plus transaction costs directly attributable to the asset. After initial recognition, each asset is measured at fair value, with changes in fair value included in other comprehensive income. Accumulated gains or losses recognised through other comprehensive income are directly transferred to profit or loss when the debt instrument is derecognised.

The company has made an irrevocable election to recognize changes in fair value of investments in equity instruments through other comprehensive income, not through profit or loss. A gain or loss from fair value changes will be shown in other comprehensive income and will not be reclassified subsequently to profit or loss. Equity instruments measured at fair value through other comprehensive income are recognized initially at fair value plus transaction cost directly attributable to the asset. After initial recognition, each asset is measured at fair value, with changes in fair value included in other comprehensive income. Accumulated gains or losses recognized through other comprehensive income are directly transferred to retained earnings when the equity instrument is derecognized or its fair value substantially decreased. Dividends are recognized as finance income in profit or loss.

Financial assets carried at amortised cost and FVOCI are assessed for indicators of impairment at each reporting end date.

The expected credit losses associated with these assets are estimated on a forward-looking basis. A broad range of information is considered when assessing credit risk and measuring expected credit losses, including past events, current conditions, and reasonable and supportable forecasts that affect the expected collectability of the future cash flows of the instrument.

Financial assets are derecognised only when the contractual rights to the cash flows from the asset expire, or when it transfers the financial asset and substantially all the risks and rewards of ownership to another entity.

The company recognises financial debt when the company becomes a party to the contractual provisions of the instruments. Financial liabilities are classified as either 'financial liabilities at fair value through profit or loss' or 'other financial liabilities'.

Other financial liabilities, including borrowings, trade payables and other short-term monetary liabilities, are initially measured at fair value net of transaction costs directly attributable to the issuance of the financial liability. They are subsequently measured at amortised cost using the effective interest method. For the purposes of each financial liability, interest expense includes initial transaction costs and any premium payable on redemption, as well as any interest or coupon payable while the liability is outstanding.

Financial liabilities are derecognised when, and only when, the company’s obligations are discharged, cancelled, or they expire.

Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

The tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the income statement because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax is the tax expected to be payable or recoverable on differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit, and is accounted for using the balance sheet liability method. Deferred tax liabilities are generally recognised for all taxable temporary differences and deferred tax assets are recognised to the extent that it is probable that taxable profits will be available against which deductible temporary differences can be utilised. Such assets and liabilities are not recognised if the temporary difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the income statement, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

The company has no employees other than the directors who receive no remuneration from the company for their services.

The company had no employees or officers other than the directors. The directors received no remuneration during the period.

The charge for the Year can be reconciled to the (loss)/profit per the income statement as follows:

Except as detailed below the directors believe that the carrying amounts of financial assets carried at amortised cost in the financial statements approximate to their fair values.

The fair value of investments which are not traded on an active liquid market are determined by the directors in accordance with generally accepted pricing models.

The directors consider that the carrying amount of trade and other receivables was approximately equal to their fair values at the reporting date.

No significant receivable balances were considered by the directors to be impaired at the reporting end date.

On 8 April 2026 the associated undertaking debtor company was placed into insolvent administration.

The company is not subject to any externally imposed capital requirements.

On 8 April 2026 Juuce Limited, the company's associated undertaking, was placed into Insolvent administration.

These financial statements include the company's interest in the share capital of Juuce Limited at a fair value of £251,776. Also included in these financial statements are amounts of £8,394,066 and £212,014 being respectively loans advanced and accrued interest receivable on loans made to Juuce Limited. No provision was made at 31 December 2025 for non-recoverability of these balances as the directors considered them to be recoverable at the balance sheet date.

During the year Beaufort Management Ltd incurred expenditure of £20,068 (2024 - £32,120 ) on behalf of the company. Included within amounts owed to related parties in creditors: amounts falling due within one year is £20,220 (2024 - £70,233).

K Moussa and B Abdel-Wahab, who were directors of the company during the period, are directors of Beaufort Management Ltd. EFG Hermes IB Limited and Beaufort Management Ltd are subsidiaries of EFG Holdings SAE, the Executive Committee of which K Moussa is a member.

During the year the company's initial shareholder, Vortex Energy IV, LP, met expenses on behalf of the company. At the period end £nil (2024 - £35,371) was due to Vortex Energy IV, LP following a subscription for £200,000 of shares.

During the year the company received a loan of £2,000,000 (2024 - £3,000,000) from Vortex Energy IV Holding II Limited. Interest accruing on the loans is capitalised at quarterly intervals. Interest capitalised at 31 December 2025 was £1,578,337 (2024 - £465,034). Loan arrangement charges of £1,800,000 (2024 - £nil) were charged and added to the amounts advanced. Interest accrued but not capitalised at 31 December 2025 was £212,506 (2024 - £160,965) Total interest recognised in the year was £1,164,845 (2024 - £625,999).

During the year the company advanced £2,000,000 (2024 - £3,000,000) to JUUCE Limited, a company in which Fleetwood Energy Investments Limited holds a participating interest. The loans attract interest which is capitalised at quarterly intervals. Interest capitalised at 31 December 2025 was £1,594,066 (2024 - £469,084). Loan arrangement charges of £1,800,000 (2024 - £nil) were charged and added to the amounts advanced. Interest accrued but not capitalised at 31 December 2025 was £212,014 (2024 - £162,507). Total interest recognised in the year was The £1,174,489 (2024 - £631,591). K Moussa and B Abdel-Wahab are directors of JUUCE Limited.

Key management personnel, representing the directors, received no remuneration during the period.