NET Zero Capital Partners Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 13652792

NET Zero Capital Partners Limited

Filleted Unaudited Financial Statements

31 March 2025

NET Zero Capital Partners Limited

Financial Statements

Year ended 31 March 2025

Contents	Page

Statement of financial position	1

Notes to the financial statements	3

NET Zero Capital Partners Limited

Statement of Financial Position

31 March 2025

	2025	2024
Note	£	£

Fixed assets

Tangible assets	5	46,644	62,192
Investments	6	6,730,806	7,888,951
		------------	------------
		6,777,450	7,951,143

Current assets

Cash at bank and in hand	6,721	20,162

Creditors: amounts falling due within one year	7	8,055,252	8,230,201
		------------	------------
Net current liabilities		8,048,531	8,210,039
		------------	------------
Total assets less current liabilities		( 1,271,081)	( 258,896)

Provisions	329,160	329,160
	------------	---------
Net liabilities	( 1,600,241)	( 588,056)
	------------	---------

Capital and reserves

Called up share capital	1	1
Profit and loss account	( 1,600,242)	( 588,057)
	------------	---------
Shareholders deficit	( 1,600,241)	( 588,056)
	------------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

NET Zero Capital Partners Limited

Statement of Financial Position (continued)

31 March 2025

These financial statements were approved by the board of directors and authorised for issue on 27 October 2026 , and are signed on behalf of the board by:

Mr D N Preston
Director

Company registration number: 13652792

NET Zero Capital Partners Limited

Notes to the Financial Statements

Year ended 31 March 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Camburgh House, 27 New Dover Road, Canterbury, Kent, CT1 3DN, United Kingdom.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities. The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

After making appropriate enquiries, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future for at least one year from the date of the financial information. For these reasons they continue to adopt the going concern basis in preparing the company's financial information.

Foreign currencies

Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

	Motor vehicles	-	25% reducing balance

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.

Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses. 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 finance transaction it is measured at present value.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 2 (2024: 2 ).

5. Tangible assets

	Motor vehicles
	£
Cost
At 1 April 2024 and 31 March 2025	63,515
	--------
Depreciation
At 1 April 2024	1,323
Charge for the year	15,548
	--------
At 31 March 2025	16,871
	--------
Carrying amount
At 31 March 2025	46,644
	--------
At 31 March 2024	62,192
	--------

6. Investments

	Other investments other than loans	Other loans	Total
	£	£	£
Cost
At 1 April 2024	6,844,470	1,044,481	7,888,951
Additions	423,777	–	423,777
Disposals	( 583,039)	–	( 583,039)
Revaluations	( 398,156)	( 88,823)	( 486,979)
Transfers	( 67,422)	–	( 67,422)
Other movements	–	( 444,482)	( 444,482)
	------------	------------	------------
At 31 March 2025	6,219,630	511,176	6,730,806
	------------	------------	------------
Impairment
At 1 April 2024 and 31 March 2025	–	–	–
	------------	------------	------------

Carrying amount
At 31 March 2025	6,219,630	511,176	6,730,806
	------------	------------	------------
At 31 March 2024	6,844,470	1,044,481	7,888,951
	------------	------------	------------

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	3,600	2,274
Social security and other taxes	2,330	2,617
Other creditors	8,049,322	8,225,310
	------------	------------
	8,055,252	8,230,201
	------------	------------

8. Related party transactions

At the balance sheet date, the company owed £8,036,982 (2024: £8,216,100) to the director.