REGISTERED NUMBER: 13153516 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2026

for

Ritchie-Bland Energy (Number 2) Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

J T Ritchie-Bland

J D Simpson

SECRETARY:

J T Ritchie-Bland

REGISTERED OFFICE:

3 Kingfisher Court

Bowesfield Park

Stockton on Tees

TS18 3EX

REGISTERED NUMBER:

13153516 (England and Wales)

ACCOUNTANTS:

Anderson Barrowcliff Limited

Chartered Accountants

3 Kingfisher Court

Bowesfield Park

Stockton on Tees

TS18 3EX

FIXED ASSETS

Investments

4

197,862

5,649,939

CURRENT ASSETS

Debtors

5

20,600,011

2,294,627

CREDITORS

Amounts falling due within one year

6

2,479,124

5,017,309

NET CURRENT ASSETS/(LIABILITIES)

18,120,887

(2,722,682

)

TOTAL ASSETS LESS CURRENT LIABILITIES

18,318,749

2,927,257

PROVISIONS FOR LIABILITIES

-

140,000

NET ASSETS

18,318,749

2,787,257

CAPITAL AND RESERVES

Called up share capital

7

100

100

Un-distributable reserve

8

-

525,389

Retained earnings

18,318,649

2,261,768

SHAREHOLDERS' FUNDS

18,318,749

2,787,257

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 25 October 2026 and were signed on its behalf by:

J D Simpson - Director

1.	STATUTORY INFORMATION

Ritchie-Bland Energy (Number 2) Ltd 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.

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.

Investments in associated companies

Investments in associated companies are recognised at cost less any subsequent impairment.

Listed Investments

Investments are recognised initially at cost and subsequently measured at fair value through profit and loss. Any unrealised gains and losses are held in an un-distributable reserve.

Debtors and creditors receivable/payable within one year

Debtors and creditors with no stated interest rate and receivable or payable are recorded at transaction price. Any losses arising from impairment are recognised in the income statement in other administrative expenses.

Loans and borrowings

Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a financing transaction it is measured at present value.

Impairment

Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset's cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit or loss unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2025 - 2 ) .

4.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

At 1 April 2025

5,649,939

Disposals

(5,703,082

)

Revaluations

251,005

At 31 March 2026

197,862

NET BOOK VALUE

At 31 March 2026

197,862

At 31 March 2025

5,649,939

Cost or valuation at 31 March 2026 is represented by:

Other

investments

£

Valuation in 2026

197,862

5.

DEBTORS

2026

2025

£

£

Amounts falling due within one year:

Amounts owed by associates

1,098,775

-

Other debtors

1,794,720

2,294,627

2,893,495

2,294,627

Amounts falling due after more than one year:

Amounts owed by associates

17,706,516

-

Aggregate amounts

20,600,011

2,294,627

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

-

3,000

Amounts owed to group undertakings

2,479,124

4,936,619

Other creditors

-

77,690

2,479,124

5,017,309

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

100

Ordinary A

1

100

100

8.

RESERVES

Un-distributable

reserve

£

At 1 April 2025

525,389

Fair value of shares sold

(525,389

)

At 31 March 2026

-

9.	POST BALANCE SHEET EVENTS

Since the year-end the company has been repaid its debt owed from an associated company. The total received, including interest accrued up to the date of repayment, was £19,504,168.

Since the year-end the company has declared dividends totalling £16,106,250.