ONERGY LIMITED

Company Registration Number:
12337739 (England and Wales)

Unaudited abridged accounts for the year ended 30 November 2024

Period of accounts

Start date: 01 December 2023

End date: 30 November 2024

ONERGY LIMITED

Contents of the Financial Statements

for the Period Ended 30 November 2024

Balance sheet
Notes

ONERGY LIMITED

Balance sheet

As at 30 November 2024


Notes
2024
2023


£
£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets: 3 5,015,000 4,506,780
Tangible assets: 4 3,450,121 1,980,412
Investments: 5 914,761 809,000
Total fixed assets: 9,379,882 7,296,192
Current assets
Stocks: 1,805,500 3,001,800
Investments:   1,430,815 2,059,025
Total current assets: 3,236,315 5,060,825
Creditors: amounts falling due within one year: 6 (750,000) (537,400)
Net current assets (liabilities): 2,486,315 4,523,425
Total assets less current liabilities: 11,866,197 11,819,617
Creditors: amounts falling due after more than one year: 7 (51,000) (985,025)
Provision for liabilities: (11,500,000) (10,000,000)
Total net assets (liabilities): 315,197 834,592
Capital and reserves
Called up share capital: 315,197 834,592
Shareholders funds: 315,197 834,592

The notes form part of these financial statements

ONERGY LIMITED

Balance sheet statements

For the year ending 30 November 2024 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

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

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 01 October 2025
and signed on behalf of the board by:

Name: John palmer
Status: Director

The notes form part of these financial statements

ONERGY LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

ONERGY LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2024

2. Employees

2024 2023
Average number of employees during the period 28 41

ONERGY LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2024

3. Intangible Assets

Total
Cost £
At 01 December 2023 4,506,780
Additions 508,220
At 30 November 2024 5,015,000
Net book value
At 30 November 2024 5,015,000
At 30 November 2023 4,506,780

ONERGY LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2024

4. Tangible Assets

Total
Cost £
At 01 December 2023 1,980,412
Additions 3,450,121
Disposals (1,980,418)
Revaluations 0
Transfers 6
At 30 November 2024 3,450,121
Depreciation
At 01 December 2023 0
Charge for year 392,251
On disposals (410,251)
Other adjustments 18,000
At 30 November 2024 0
Net book value
At 30 November 2024 3,450,121
At 30 November 2023 1,980,412

ONERGY LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2024

5. Fixed investments

Onergy Limited holds fixed investments intended to be retained for the medium to long term in order to generate income and support the company’s activities. These investments are not held for resale in the ordinary course of business.

ONERGY LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2024

6. Creditors: amounts falling due within one year note

Amounts falling due within one year include loans and other short-term obligations. £750,000

ONERGY LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2024

7. Creditors: amounts falling due after more than one year note

Amounts falling due after one year represent long-term obligations of the company. £51,000