CLONTARF ENERGY PLC

• ⚠

  Material uncertainty over going concern

  The Group incurred a loss for the year of £765,433 (2023: loss of £870,061). The Group had net assets of £829,218 (2023: net assets of £304,715) and the Company had net assets of £1,361,044 (2023: net assets of £753,607) at the balance sheet date. The going concern assumption of the group and parent company is dependent on the group and parent company obtaining additional finance to meet the working capital needs for a period of not less than twelve months from the date of approval of the financial statements. These events and conditions, along with the other matters as set forth in note 3 to the financial statements, indicate that a material uncertainty exists that may cast significant doubt on the group and parent company's ability to continue as a going concern. Our opinion is not modified in respect of this matter.

1. CLONTARF ENERGY PLC 2011-03-21 → present
2. PERSIAN GOLD PUBLIC LIMITED COMPANY 2004-11-18 → 2011-03-21
3. PERSIAN GOLD LIMITED 2004-03-11 → 2004-11-18
4. CARIBBEAN GOLD LIMITED 2003-11-18 → 2004-03-11

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

IFRS

Reporting scope

Consolidated group

Auditor

Azets Audit Services Ireland Limited

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The Group incurred a loss for the year of £765,433 (2023: loss of £870,061). The Group had net assets of £829,218 (2023: net assets of £304,715) and the Company had net assets of £1,361,044 (2023: net assets of £753,607) at the balance sheet date. The going concern assumption of the group and parent company is dependent on the group and parent company obtaining additional finance to meet the working capital needs for a period of not less than twelve months from the date of approval of the financial statements. These events and conditions, along with the other matters as set forth in note 3 to the financial statements, indicate that a material uncertainty exists that may cast significant doubt on the group and parent company's ability to continue as a going concern. Our opinion is not modified in respect of this matter.”

Group structure

1. CLONTARF ENERGY PLC · parent
   1. Guarani Sustainable Energy plc 100% · England & Wales · Dormant
   2. Petrolex SA 100% · Bolivia · Dormant
   3. Endeavour Oil & Gas Ltd 100% · England & Wales · Dormant
   4. Endeavour Oil & Gas Inc 100% · USA · Dormant
   5. Bolivian Hydrocarbon Ltd 100% · Turks & Caicos Islands · Management Company
   6. Pan Andean Oil & Gas Ltd 100% · England & Wales · Dormant
   7. Pan Andean Resources Limited 60% · Ghana · Dormant

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

3

last 12 months

Capital events

2

last 24 months

Officers appointed

0

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  —

  Not reported

• Cash

  +348.3%

  £182,516 → £818,212

• Net assets

  +172.1%

  £304,715 → £829,218

• Employees

  0%

  3 → 3

• Operating profit

  +12%

  -£870,061 → -£765,432

• Profit before tax

  +12%

  -£870,061 → -£765,432

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers