Hgpe Asg Finance Limited

The principal activity of the HGPE ASG Finance Limited (the "Company") continued to be that of an investment holding company. The Company holds 100% of the share capital in HGPE ASG Limited, which in turn holds 100% of the share capital in HGPE ASG Assetco Limited and A Shade Greener (F2) Limited; together with the Company, the "Group". Going Concern The Company has net assets of £346,527 (2023: £319,951) and a cash balance of £9,181 (2023: £181,368). Notwithstanding the Company's net current liabilities of £3,048,081 (2023: £3,074,657), the Company will continue to be supported by both the Group and its investor Atrato Onsite Energy Holdco Limited, from whom a letter of support has been obtained to corroborate the investor's intentions in this regard. The Group remains profitable, generating a significant cash surplus each year above its group liabilities. Noting this, the directors believe that the Group and the investor both have the financial resources to support the Company as a going concern. Accordingly, the directors continue to adopt the going concern basis in preparing the financial statements. See note 1 for further details.