REGISTERED NUMBER: 13611403 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2026

FOR

WALPOLE BATTERY STORAGE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A Bateman

R Bateman

Mrs E M Bateman

Mrs R C Bateman

REGISTERED OFFICE:

27-29 Old Market

Wisbech

Cambridgeshire

PE13 1NE

REGISTERED NUMBER:

13611403 (England and Wales)

ACCOUNTANTS:

Wheelers

Chartered Accountants & Tax Consultants

27-29 Old Market

Wisbech

Cambridgeshire

PE13 1NE

FIXED ASSETS

Investment property

4

1,749,311

1,450,700

CURRENT ASSETS

Debtors

5

211,915

396,026

Cash at bank

117,885

58,545

329,800

454,571

CREDITORS

Amounts falling due within one year

6

453,046

445,599

NET CURRENT (LIABILITIES)/ASSETS

(123,246

)

8,972

TOTAL ASSETS LESS CURRENT LIABILITIES

1,626,065

1,459,672

PROVISIONS FOR LIABILITIES

377,472

301,570

NET ASSETS

1,248,593

1,158,102

CAPITAL AND RESERVES

Called up share capital

100

100

Revaluation reserve

7

1,236,713

1,012,755

Retained earnings

11,780

145,247

1,248,593

1,158,102

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 September 2026 and were signed on its behalf by:

A Bateman - Director

1.	STATUTORY INFORMATION

Walpole Battery Storage Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

At the balance sheet date the company had a working capital deficit of £123,246 by virtue of its current liabilities exceeding its current assets. The director's are confident that the going concern basis for the preparation of the financial statements is appropriate, and have confirmed their continuing support for the company in writing.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2025 - NIL).

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 March 2025

1,450,700

Revaluations

298,611

At 28 February 2026

1,749,311

NET BOOK VALUE

At 28 February 2026

1,749,311

At 28 February 2025

1,450,700

Fair value at 28 February 2026 is represented by:

£

Valuation in 2026

1,749,311

If the investment property had not been revalued it would have been included at the following historical cost:

28.2.26

28.2.25

£

£

Cost

100,360

100,360

Investment property was valued on an open market basis on 28 February 2026 by the directors .

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.26

28.2.25

£

£

Other debtors

211,915

396,026

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.26

28.2.25

£

£

Trade creditors

3,395

966

Taxation and social security

94,327

165,898

Other creditors

355,324

278,735

453,046

445,599

7.

RESERVES

Revaluation

reserve

£

At 1 March 2025

1,012,755

Reclassification

223,958

At 28 February 2026

1,236,713

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the year ended 28 February 2026 and the period ended 28 February 2025:

28.2.26

28.2.25

£

£

A Bateman and Mrs E M Bateman

Balance outstanding at start of year

39,087

20,339

Amounts advanced

35,937

196,487

Amounts repaid

(75,024

)

(177,739

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

39,087

R Bateman and Mrs R C Bateman

Balance outstanding at start of year

39,102

20,339

Amounts advanced

35,952

186,502

Amounts repaid

(75,054

)

(167,739

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

39,102

Loan interest has been paid to the company at a rate of 2.25% up to 5 April 2025 and at 3.75% thereon.