Parvus Energy Efficiency Trust PLC Financials

“Accordingly, while the Directors recognise that these conditions indicate the existence of material uncertainty which may cast significant doubt about the Group and Company’s ability to continue as a going concern, based on the assessment and considerations above, the Directors have concluded that the financial statements of the Group and the Company should be prepared on a going concern basis.”

“Although the Company is in a Managed Run-Off, the Board believes that the Look-forward Period, being to 31 December 2027, is an appropriate time horizon over which to assess the viability of the Company, particularly when taking into account the long-term nature of the maturity of the Company’s assets, which is modelled over two years and the principal risks outlined above.”

“Accordingly, while the Directors recognise that these conditions indicate the existence of material uncertainty which may cast significant doubt about the Group and Company’s ability to continue as a going concern, based on the assessment and considerations above, the Directors have concluded that the financial statements of the Group and the Company should be prepared on a going concern basis.”

“Although the Company is in a Managed Run-Off, the Board believes that the Look-forward Period, being to 31 December 2027, is an appropriate time horizon over which to assess the viability of the Company, particularly when taking into account the long-term nature of the maturity of the Company’s assets, which is modelled over two years and the principal risks outlined above.”