NRG SAVERS UK LTD

Company Registration Number:
12180320 (England and Wales)

Unaudited statutory accounts for the year ended 31 August 2023

Period of accounts

Start date: 1 September 2022

End date: 31 August 2023

NRG SAVERS UK LTD

Contents of the Financial Statements

for the Period Ended 31 August 2023

Profit and loss
Balance sheet
Additional notes
Balance sheet notes

NRG SAVERS UK LTD

Profit And Loss Account

for the Period Ended 31 August 2023

2023 2022


£

£
Turnover: 4,587,598 2,517,149
Cost of sales: ( 2,126,587 ) ( 1,471,106 )
Gross profit(or loss): 2,461,011 1,046,043
Distribution costs: ( 242,158 ) ( 96,412 )
Administrative expenses: ( 579,854 ) ( 271,865 )
Operating profit(or loss): 1,638,999 677,766
Profit(or loss) before tax: 1,638,999 677,766
Tax: ( 384,521 ) ( 108,158 )
Profit(or loss) for the financial year: 1,254,478 569,608

NRG SAVERS UK LTD

Balance sheet

As at 31 August 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 800,415 581,608
Total fixed assets: 800,415 581,608
Current assets
Stocks: 4 1,103,253 271,986
Debtors: 5 898,632 335,741
Cash at bank and in hand: 398,540 246,125
Total current assets: 2,400,425 853,852
Creditors: amounts falling due within one year: 6 ( 685,124 ) ( 174,222 )
Net current assets (liabilities): 1,715,301 679,630
Total assets less current liabilities: 2,515,716 1,261,238
Total net assets (liabilities): 2,515,716 1,261,238
Capital and reserves
Called up share capital: 100,000 100,000
Profit and loss account: 2,415,716 1,161,238
Total Shareholders' funds: 2,515,716 1,261,238

The notes form part of these financial statements

NRG SAVERS UK LTD

Balance sheet statements

For the year ending 31 August 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 20 April 2024
and signed on behalf of the board by:

Name: John Palmer
Status: Director

The notes form part of these financial statements

NRG SAVERS UK LTD

Notes to the Financial Statements

for the Period Ended 31 August 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

NRG SAVERS UK LTD

Notes to the Financial Statements

for the Period Ended 31 August 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 11 7

NRG SAVERS UK LTD

Notes to the Financial Statements

for the Period Ended 31 August 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 September 2022 375,000 24,210 26,391 70,225 187,689 683,515
Additions 68,955 58,988 112,025 161,473 401,441
Disposals
Revaluations
Transfers
At 31 August 2023 375,000 93,165 85,379 182,250 349,162 1,084,956
Depreciation
At 1 September 2022 1,420 8,672 29,455 62,360 101,907
Charge for year 18,633 17,075 36,450 110,476 182,634
On disposals
Other adjustments
At 31 August 2023 20,053 25,747 65,905 172,836 284,541
Net book value
At 31 August 2023 375,000 73,112 59,632 116,345 176,326 800,415
At 31 August 2022 375,000 22,790 17,719 40,770 125,329 581,608

NRG SAVERS UK LTD

Notes to the Financial Statements

for the Period Ended 31 August 2023

4. Stocks

2023 2022
£ £
Stocks 1,103,253 271,986
Total 1,103,253 271,986

NRG SAVERS UK LTD

Notes to the Financial Statements

for the Period Ended 31 August 2023

5. Debtors

2023 2022
£ £
Trade debtors 898,632 335,741
Total 898,632 335,741

NRG SAVERS UK LTD

Notes to the Financial Statements

for the Period Ended 31 August 2023

6. Creditors: amounts falling due within one year note

2023 2022
£ £
Trade creditors 246,318 66,064
Taxation and social security 438,806 108,158
Total 685,124 174,222