REGISTERED NUMBER: 06046786 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Thalweg Energy Ltd

Page

Company Information

1

Balance Sheet

2

Statement of Changes in Equity

3

Notes to the Financial Statements

4

DIRECTOR:

J R Weston

SECRETARY:

Mrs M Weston

REGISTERED OFFICE:

Hillside

59 Jacklyns Lane

Alresford

Hampshire

SO24 9LF

REGISTERED NUMBER:

06046786 (England and Wales)

ACCOUNTANTS:

Butler & Co Alresford Limited

Chartered Accountants

The Old Stables

Sutton Manor Farm

Bishop's Sutton

Alresford

Hampshire

SO24 0AA

CURRENT ASSETS

Debtors

5

14,000

6,000

Cash at bank

39

23,928

14,039

29,928

CREDITORS

Amounts falling due within one year

6

1,991

7,748

NET CURRENT ASSETS

12,048

22,180

TOTAL ASSETS LESS CURRENT LIABILITIES

12,048

22,180

CAPITAL AND RESERVES

Called up share capital

7

1

1

Retained earnings

12,047

22,179

SHAREHOLDERS' FUNDS

12,048

22,180

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 11 November 2025 and were signed by:

J R Weston - Director

Called up

share

Retained

Total

capital

earnings

equity

£

£

£

Balance at 1 April 2023

1

168

169

Changes in equity

Profit for the year

-

23,011

23,011

Total comprehensive income

-

23,011

23,011

Dividends

-

(1,000

)

(1,000

)

Balance at 31 March 2024

1

22,179

22,180

Changes in equity

Deficit for the year

-

(1,632

)

(1,632

)

Total comprehensive income

-

(1,632

)

(1,632

)

Dividends

-

(8,500

)

(8,500

)

Balance at 31 March 2025

1

12,047

12,048

1.	STATUTORY INFORMATION

Thalweg Energy 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.

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.

Turnover

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

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

33.3% on cost

Taxation

Taxation for the year comprises current 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 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.

3.

EMPLOYEES

The average number of employees during the year was NIL (2024 - NIL).

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 April 2024

and 31 March 2025

4,981

DEPRECIATION

At 1 April 2024

and 31 March 2025

4,981

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

14,000

6,000

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Corporation tax

-

4,116

Directors' current accounts

1,061

2,732

Accrued expenses

930

900

1,991

7,748

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

1

Ordinary

£1

1

1

8.	RELATED PARTY DISCLOSURES

During the year, total dividends of £8,500 (2024 - £1,000) were paid to the director .

J R Weston

A director

2025

2024

£

£

Amount due to related party at the balance sheet date

1,061

2,732

9.	ULTIMATE CONTROLLING PARTY

During the period under review the company was under the control of Mr J R Weston, the director and shareholder.