ACCOUNTS - Final Accounts preparation

Registered number: 16247770

ARTEMIS ENERGY LIMITED

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 DECEMBER 2025


ARTEMIS ENERGY LIMITED

CONTENTS

	Page
Statement of Financial Position	1
Notes to the Financial Statements	2 - 6


ARTEMIS ENERGY LIMITED REGISTERED NUMBER:16247770

STATEMENT OF FINANCIAL POSITION

AS AT 31 DECEMBER 2025

		2025
Note		£

Fixed assets
Tangible assets	4		10,458
Current assets
Debtors: amounts falling due within one year	5	102,757
Cash at bank and in hand		1,106,489
		1,209,246
Current liabilities
Creditors: amounts falling due within one year	6	(118,408)
Net current assets			1,090,838

Net assets			1,101,296

Capital and reserves
Called up share capital			411
Share premium account			2,995,304
Profit and loss account			(1,894,419)
			1,101,296

The Directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

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.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 24 September 2026.

G Myerson

Director

The notes on pages 2 to 6 form part of these financial statements.

Page 1


ARTEMIS ENERGY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2025

1.	General information

Artemis Energy Limited is a limited liability company registered in England and Wales. Its registered office address is at 33 Cavendish Square, London, W1G 0PW.

The principal activity of the Company during the period was acquiring and investing in energy businesses and assets globally.

The financial statements are presented in £ sterling, which is the functional currency of the Company.

The Company was incorporated and started trading on 12 February 2025.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Going concern

The Company made a loss for the period. The Directors have obtained assurance from the Shareholders that funds will be made available to the Company so that it will be able to carry on trading and meet its financial obligations as and when they fall due for at least twelve months from the date the accounts are approved. The accounts have been prepared under going concern on this basis.

2.3

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Statement of Comprehensive Income within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

Page 2


ARTEMIS ENERGY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2025

2.Accounting policies (continued)

2.4

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

2.5

Interest income

Interest income is recognised in profit or loss using the effective interest method.

2.6

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

2.7

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of Financial Position. The assets of the plan are held separately from the Company in independently administered funds.

2.8

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

				Office equipment	-	20%
				Computer equipment	-	25%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

Page 3


ARTEMIS ENERGY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2025

2.Accounting policies (continued)

2.9

Basic financial instruments

The Company only enters into transactions that result in basic financial instruments such as trade and other debtors, trade and other creditors, cash at bank and in hand, loans to related parties.

Trade debtors, other debtors and loans to related parties are recognised initially at the transaction price less attributable transaction costs. Trade creditors, other creditors and loans from related parties are recognised initially at transaction price plus attributable transaction costs. Subsequently they are measured at amortised cost using the effective interest method, less any impairment losses in the case of trade and other debtors, and loans to related parties.

Interest bearing borrowings, such bank loans, classified as basic financial instruments are recognised initially at the present value of future payments discounted at a market rate of interest. Thereafter they are stated at amortised cost using the effective interest method.

Cash and cash equivalents comprise cash balances and call deposits.

Employees

The average monthly number of employees, including directors, during the period was 8.

4.	Tangible fixed assets

	Office equipment	Computer equipment	Total
	£	£	£
Cost or valuation
Additions	1,682	10,233	11,915
At 31 December 2025	1,682	10,233	11,915
Depreciation
Charge for the period on owned assets	156	1,301	1,457
At 31 December 2025	156	1,301	1,457
Net book value
At 31 December 2025	1,526	8,932	10,458

Page 4


ARTEMIS ENERGY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2025

Debtors

					2025
					£


	Other debtors	31,173
	Prepayments and accrued income	71,584
		102,757

6.	Creditors: Amounts falling due within one year
		2025
		£

	Trade creditors	61,365
	Other taxation and social security	41,688
	Other creditors	12,600
	Accruals and deferred income	2,755
		118,408

Page 5


ARTEMIS ENERGY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2025

7.	Share capital
		2025
		£

		Allotted, called up and fully paid

		3,970,619 A1 Ordinary shares of £0.000075 each	298
		1,000,000 A2 Ordinary shares of £0.000075 each	75
		30,572 B Ordinary shares of £0.000075 each	2
		350,000 D1 Ordinary shares of £0.000075 each	26
		150,000 D2 Ordinary shares of £0.000067 each	10

			411

Upon incorporation 12,700 Ordinary D1 shares of $0.0001 were issued for $0.0001.

During the period 3,970,619 Ordinary A1 shares of $0.0001 were issued for $1.

During the period 1,000,000 Ordinary A2 shares of $0.0001 were issued for $0.0001.

During the period 30,572 Ordinary B shares of $0.0001 were issued for $1.

During the period 337,300 additional Ordinary D1 shares of $0.0001 were issued for $0.02.

During the period 150,000 Ordinary D2 shares of $0.0001 were issued for $0.02.

The company's shares have a nominal value of $0.0001 each. The sterling equivalent shown reflects the exchange rate on the date of each allotment.

8.	Pension commitments

The company contributes to a defined contributions pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The pension cost charge represents contributions payable by the company to the fund and amounted to £57,597. Contributions totalling £nil were payable to the fund at the reporting date and are included in creditors.

Page 6