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Registered number: 15772808
Enka Energy Transition Ltd
Financial Statements
For The Year Ended 31 March 2026
Halkin Lerman Davis Limited
Westgate House
9 Holborn
London
EC1N 2LL
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 15772808
31 March 2026 31 March 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 3,624 2,837
Investments 5 6,485 -
10,109 2,837
CURRENT ASSETS
Debtors 6 48,899 766
Cash at bank and in hand 538,264 158,231
587,163 158,997
Creditors: Amounts Falling Due Within One Year 7 (980,378 ) (7,061 )
NET CURRENT ASSETS (LIABILITIES) (393,215 ) 151,936
TOTAL ASSETS LESS CURRENT LIABILITIES (383,106 ) 154,773
NET (LIABILITIES)/ASSETS (383,106 ) 154,773
CAPITAL AND RESERVES
Called up share capital 8 8,576 8,576
Share premium account 840,610 412,468
Profit and Loss Account (1,232,292 ) (266,271 )
SHAREHOLDERS' FUNDS (383,106) 154,773
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For the year ending 31 March 2026 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Sarang Boddupalli
Director
23 September 2026
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Enka Energy Transition Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 15772808 . The registered office is 16 Stratford Place, London, W1C 1BF.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Going Concern Disclosure
At the time of approving the financial statements, the directors have a resonable expectation that the company had adequate resources to continue in operational existence for the foreseeable future. Therefore, the directors have adopted the going concern basis of accounting in preparing the financial statements.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Computer Equipment 33.33% Straight Line Method
2.5. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.6. Taxation
Income 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 profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and 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 end of the reporting period.
Deferred tax is recognised on timing 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. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period 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 assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 5 (2025: 5)
5 5
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 April 2025 3,344
Additions 2,852
As at 31 March 2026 6,196
Depreciation
As at 1 April 2025 507
Provided during the period 2,065
As at 31 March 2026 2,572
Net Book Value
As at 31 March 2026 3,624
As at 1 April 2025 2,837
5. Investments
Subsidiaries
£
Cost or Valuation
As at 1 April 2025 -
Additions 6,485
As at 31 March 2026 6,485
Provision
As at 1 April 2025 -
As at 31 March 2026 -
Net Book Value
As at 31 March 2026 6,485
As at 1 April 2025 -
6. Debtors
31 March 2026 31 March 2025
£ £
Due within one year
Other debtors 48,899 766
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7. Creditors: Amounts Falling Due Within One Year
31 March 2026 31 March 2025
£ £
Bank loans and overdrafts 5,856 1,939
Shareholder loans 883,806 -
Other creditors 76,563 1,750
Taxation and social security 14,153 3,372
980,378 7,061
8. Share Capital
31 March 2026 31 March 2025
£ £
Allotted, Called up and fully paid 8,576 8,576
9. Post Balance Sheet Events
Subsequent to the reporting date, the following events occurred:
On 9 June 2026, Carlos Erik Martel Kortsch resigned as a director of the Company.
On 9 June 2026, Ignacio Martinez Sanchez resigned as a director of the Company.
On 10 July 2026, the Company's registered office changed from 53–54 Grosvenor Street, London,      W1K 3HU to 16 Stratford Place, London, W1C 1BF, England.
These events occurred after the reporting date and do not provide evidence of conditions that existed at the reporting date. Accordingly, no adjustments have been made to the amounts recognised in these financial statements.
10. Related Party Transactions
The company had no related party transactions during the year that require disclosure under FRS 102 Section 1A.
11. General Information
The financial statements include the activities of the Company's Belgian branch, which was established on 14 April 2025.
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