Envol Cabling Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 09970207 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 January 2026

for

Envol Cabling Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Cl Directors (Monaco) Ltd

Mrs A E L Ramirez

SECRETARY:

Vistra Cosec Limited

REGISTERED OFFICE:

Suite 1, 7th Floor,

50 Broadway,

London,

SW1H 0BL

REGISTERED NUMBER:

09970207 (England and Wales)

ACCOUNTANTS:

Equiom (Scotland)

15a Harbour Road

Inverness

INVERNESS-SHIRE

IV1 1SY

FIXED ASSETS

Investments

5

4,466,191

4,434,191

CURRENT ASSETS

Debtors

6

7,967

6,675

Cash at bank

3,591

7,256

11,558

13,931

CREDITORS

Amounts falling due within one year

7

(4,295,231

)

(4,278,127

)

NET CURRENT LIABILITIES

(4,283,673

)

(4,264,196

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

182,518

169,995

CREDITORS

Amounts falling due after more than one
year

8

(1,194,192

)

(1,154,192

)

NET LIABILITIES

(1,011,674

)

(984,197

)

CAPITAL AND RESERVES

Called up share capital

9

131,460

Retained earnings

(1,143,134

)

(1,115,657

)

SHAREHOLDERS' FUNDS

(1,011,674

)

(984,197

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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 30 October 2026 and were signed on its behalf by:

Mrs A E L Ramirez - Director

Cl Directors (Monaco) Ltd - Director

1.	STATUTORY INFORMATION

The principal activity of Envol Cabling Ltd is that of holding shares in Nexans Cote D'Ivoire.

The company is a private company limited by shares and incorporated in the UK. Its registered office is Suite 1, 7th Floor, 50 Broadway, London, SW1H 0BL. The company's registered number is 09970207.

The financial statements are presented in Euro, which is the functional currency of the company.

2.	STATEMENT OF COMPLIANCE

The individual financial statements of Envol Cabling Ltd have been prepared in compliance with UK

Accounting Standards, including Financial Reporting Standard 102 Section 1A – Small Entities, ‘‘The

Financial Reporting Standard applicable in the UK and Republic of Ireland’’ (‘‘FRS 102 Section 1A –

Small Entities’’) and the Companies Act 2006.

3.	ACCOUNTING POLICIES

BASIS OF PREPARATION

These financial statements are prepared on a going concern basis, under the historical cost convention.

GOING CONCERN

The company is dependent on the continued financial support of the lenders in order to enable it to continue operating and to meet its liabilities as they fall due. The lenders have agreed to continue to provide financial support to the company and accordingly the directors have prepared the financial statements under the going concern concept.

INVESTMENT INCOME

Investment income is accounted for on a receivable basis.

INTEREST INCOME

Interest income is accounted for on a receivable basis.

EXPENSES

Expenses are accounted for on an accruals basis.

Foreign currencies

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 at 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 the statement of comprehensive income.

TAXATION

Taxation expense for the period where applicable comprises current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income.

INVESTMENTS

Unquoted investments

Unquoted investments are stated at cost. Any surplus or deficit arising on the disposal of investments is transferred to the statement of comprehensive income

4.	EMPLOYEES AND DIRECTORS

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

5.	FIXED ASSET INVESTMENTS

2026

2025

€

Brought forward

3,414,858

Carried forward

3,414,858

Analysed as:

Nexans Cote d'Ivoire

3,414,858

Nexans Cote d'Ivoire

The company owns 40% of the equity share capital of Nexans Cote d'Ivoire (2025: 40%)

LOANS RECEIVABLE

2026

2025

€

Loan receivable - Nexans Cote d'Ivoire

800,000

Loan interest receivable - Nexans Cote d'Ivoire

251,333

219,333

1,051,333

1,019,333

The above loan receivable is unsecured and bears interest at an annual rate of 4%.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

€

Loan receivable - Nexans Cote d'Ivoire

1,816

Prepayments

6,151

4,859

7,967

6,675

The loan receivable from Nexans Cote d'Ivoire is unsecured, interest free and repayable on demand.

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

€

Shareholders loan - Conway Investment Limited

3,334,501

3,316,741

Shareholders loan - Executive Financing (Mauritius)

307,051

Shareholders loan - Golden Heritage Ltd

644,511

Shareholders loan - NH

6,098

Trade creditors - Equiom SAM

-

811

Accruals

3,070

2,915

4,295,231

4,278,127

The loans payable are unsecured, interest free and repayable on demand.

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

2026

2025

€

Shareholders loan - Conway Investment Ltd

1,000,000

Loan interest

194,192

154,192

1,194,192

1,154,192

The shareholders loan payable is unsecured, interest bearing at 4% per annum and is considered long term liability by the Directors.

9.	CALLED UP SHARE CAPITAL

2026

2025

€

100,000 Ordinary shares of £1 each

Allotted, called up and fully paid

At 1 February & 31 January

131,460

Authorised GBP

100,000