2024-06-01 2025-05-31 2025-05-31 false 12633968 NERG HOLDINGS LTD 2025-10-06 false iso4217:GBP xbrli:pure 12633968 2024-05-31 12633968 2025-05-31 12633968 2024-06-01 2025-05-31 12633968 2023-05-31 12633968 2024-05-31 12633968 2023-06-01 2024-05-31 12633968 bus:SmallEntities 2024-06-01 2025-05-31 12633968 bus:AuditExempt-NoAccountantsReport 2024-06-01 2025-05-31 12633968 bus:FullAccounts 2024-06-01 2025-05-31 12633968 bus:PrivateLimitedCompanyLtd 2024-06-01 2025-05-31 12633968 core:WithinOneYear 2025-05-31 12633968 core:AfterOneYear 2025-05-31 12633968 core:WithinOneYear 2024-05-31 12633968 core:AfterOneYear 2024-05-31 12633968 core:ShareCapital 2025-05-31 12633968 core:SharePremium 2025-05-31 12633968 core:RevaluationReserve 2025-05-31 12633968 core:OtherReservesSubtotal 2025-05-31 12633968 core:RetainedEarningsAccumulatedLosses 2025-05-31 12633968 core:ShareCapital 2024-05-31 12633968 core:SharePremium 2024-05-31 12633968 core:RevaluationReserve 2024-05-31 12633968 core:OtherReservesSubtotal 2024-05-31 12633968 core:RetainedEarningsAccumulatedLosses 2024-05-31 12633968 core:LandBuildings 2025-05-31 12633968 core:PlantMachinery 2025-05-31 12633968 core:Vehicles 2025-05-31 12633968 core:FurnitureFittings 2025-05-31 12633968 core:OfficeEquipment 2025-05-31 12633968 core:NetGoodwill 2025-05-31 12633968 core:IntangibleAssetsOtherThanGoodwill 2025-05-31 12633968 core:ListedExchangeTraded 2025-05-31 12633968 core:UnlistedNon-exchangeTraded 2025-05-31 12633968 core:LandBuildings 2024-05-31 12633968 core:PlantMachinery 2024-05-31 12633968 core:Vehicles 2024-05-31 12633968 core:FurnitureFittings 2024-05-31 12633968 core:OfficeEquipment 2024-05-31 12633968 core:NetGoodwill 2024-05-31 12633968 core:IntangibleAssetsOtherThanGoodwill 2024-05-31 12633968 core:ListedExchangeTraded 2024-05-31 12633968 core:UnlistedNon-exchangeTraded 2024-05-31 12633968 core:LandBuildings 2024-06-01 2025-05-31 12633968 core:PlantMachinery 2024-06-01 2025-05-31 12633968 core:Vehicles 2024-06-01 2025-05-31 12633968 core:FurnitureFittings 2024-06-01 2025-05-31 12633968 core:OfficeEquipment 2024-06-01 2025-05-31 12633968 core:NetGoodwill 2024-06-01 2025-05-31 12633968 core:IntangibleAssetsOtherThanGoodwill 2024-06-01 2025-05-31 12633968 core:ListedExchangeTraded 2024-06-01 2025-05-31 12633968 core:UnlistedNon-exchangeTraded 2024-06-01 2025-05-31 12633968 core:MoreThanFiveYears 2024-06-01 2025-05-31 12633968 core:Non-currentFinancialInstruments 2025-05-31 12633968 core:Non-currentFinancialInstruments 2024-05-31 12633968 dpl:CostSales 2024-06-01 2025-05-31 12633968 dpl:DistributionCosts 2024-06-01 2025-05-31 12633968 core:LandBuildings 2024-06-01 2025-05-31 12633968 core:PlantMachinery 2024-06-01 2025-05-31 12633968 core:Vehicles 2024-06-01 2025-05-31 12633968 core:FurnitureFittings 2024-06-01 2025-05-31 12633968 core:OfficeEquipment 2024-06-01 2025-05-31 12633968 dpl:AdministrativeExpenses 2024-06-01 2025-05-31 12633968 core:NetGoodwill 2024-06-01 2025-05-31 12633968 core:IntangibleAssetsOtherThanGoodwill 2024-06-01 2025-05-31 12633968 dpl:GroupUndertakings 2024-06-01 2025-05-31 12633968 dpl:ParticipatingInterests 2024-06-01 2025-05-31 12633968 dpl:GroupUndertakings core:ListedExchangeTraded 2024-06-01 2025-05-31 12633968 core:ListedExchangeTraded 2024-06-01 2025-05-31 12633968 dpl:GroupUndertakings core:UnlistedNon-exchangeTraded 2024-06-01 2025-05-31 12633968 core:UnlistedNon-exchangeTraded 2024-06-01 2025-05-31 12633968 dpl:CostSales 2023-06-01 2024-05-31 12633968 dpl:DistributionCosts 2023-06-01 2024-05-31 12633968 core:LandBuildings 2023-06-01 2024-05-31 12633968 core:PlantMachinery 2023-06-01 2024-05-31 12633968 core:Vehicles 2023-06-01 2024-05-31 12633968 core:FurnitureFittings 2023-06-01 2024-05-31 12633968 core:OfficeEquipment 2023-06-01 2024-05-31 12633968 dpl:AdministrativeExpenses 2023-06-01 2024-05-31 12633968 core:NetGoodwill 2023-06-01 2024-05-31 12633968 core:IntangibleAssetsOtherThanGoodwill 2023-06-01 2024-05-31 12633968 dpl:GroupUndertakings 2023-06-01 2024-05-31 12633968 dpl:ParticipatingInterests 2023-06-01 2024-05-31 12633968 dpl:GroupUndertakings core:ListedExchangeTraded 2023-06-01 2024-05-31 12633968 core:ListedExchangeTraded 2023-06-01 2024-05-31 12633968 dpl:GroupUndertakings core:UnlistedNon-exchangeTraded 2023-06-01 2024-05-31 12633968 core:UnlistedNon-exchangeTraded 2023-06-01 2024-05-31 12633968 core:NetGoodwill 2025-05-31 12633968 core:IntangibleAssetsOtherThanGoodwill 2025-05-31 12633968 core:LandBuildings 2025-05-31 12633968 core:PlantMachinery 2025-05-31 12633968 core:Vehicles 2025-05-31 12633968 core:FurnitureFittings 2025-05-31 12633968 core:OfficeEquipment 2025-05-31 12633968 core:AfterOneYear 2025-05-31 12633968 core:WithinOneYear 2025-05-31 12633968 core:ListedExchangeTraded 2025-05-31 12633968 core:UnlistedNon-exchangeTraded 2025-05-31 12633968 core:ShareCapital 2025-05-31 12633968 core:SharePremium 2025-05-31 12633968 core:RevaluationReserve 2025-05-31 12633968 core:OtherReservesSubtotal 2025-05-31 12633968 core:RetainedEarningsAccumulatedLosses 2025-05-31 12633968 core:NetGoodwill 2024-05-31 12633968 core:IntangibleAssetsOtherThanGoodwill 2024-05-31 12633968 core:LandBuildings 2024-05-31 12633968 core:PlantMachinery 2024-05-31 12633968 core:Vehicles 2024-05-31 12633968 core:FurnitureFittings 2024-05-31 12633968 core:OfficeEquipment 2024-05-31 12633968 core:AfterOneYear 2024-05-31 12633968 core:WithinOneYear 2024-05-31 12633968 core:ListedExchangeTraded 2024-05-31 12633968 core:UnlistedNon-exchangeTraded 2024-05-31 12633968 core:ShareCapital 2024-05-31 12633968 core:SharePremium 2024-05-31 12633968 core:RevaluationReserve 2024-05-31 12633968 core:OtherReservesSubtotal 2024-05-31 12633968 core:RetainedEarningsAccumulatedLosses 2024-05-31 12633968 core:NetGoodwill 2023-05-31 12633968 core:IntangibleAssetsOtherThanGoodwill 2023-05-31 12633968 core:LandBuildings 2023-05-31 12633968 core:PlantMachinery 2023-05-31 12633968 core:Vehicles 2023-05-31 12633968 core:FurnitureFittings 2023-05-31 12633968 core:OfficeEquipment 2023-05-31 12633968 core:AfterOneYear 2023-05-31 12633968 core:WithinOneYear 2023-05-31 12633968 core:ListedExchangeTraded 2023-05-31 12633968 core:UnlistedNon-exchangeTraded 2023-05-31 12633968 core:ShareCapital 2023-05-31 12633968 core:SharePremium 2023-05-31 12633968 core:RevaluationReserve 2023-05-31 12633968 core:OtherReservesSubtotal 2023-05-31 12633968 core:RetainedEarningsAccumulatedLosses 2023-05-31 12633968 core:AfterOneYear 2024-06-01 2025-05-31 12633968 core:WithinOneYear 2024-06-01 2025-05-31 12633968 core:Non-currentFinancialInstruments core:CostValuation 2024-06-01 2025-05-31 12633968 core:Non-currentFinancialInstruments core:AdditionsToInvestments 2024-06-01 2025-05-31 12633968 core:Non-currentFinancialInstruments core:RevaluationsIncreaseDecreaseInInvestments 2024-06-01 2025-05-31 12633968 core:Non-currentFinancialInstruments core:DisposalsDecreaseInInvestments 2024-06-01 2025-05-31 12633968 core:Non-currentFinancialInstruments core:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments 2024-06-01 2025-05-31 12633968 core:Non-currentFinancialInstruments core:ImpairmentLossReversalProvisionsForImpairmentInvestments 2024-06-01 2025-05-31 12633968 core:Non-currentFinancialInstruments core:AcquisitionsIncreaseInProvisionsForImpairmentInvestments 2024-06-01 2025-05-31 12633968 core:Non-currentFinancialInstruments core:DisposalsDecreaseInProvisionsForImpairmentInvestments 2024-06-01 2025-05-31 12633968 core:Non-currentFinancialInstruments core:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments 2024-06-01 2025-05-31 12633968 core:Non-currentFinancialInstruments core:CostValuation 2025-05-31 12633968 core:Non-currentFinancialInstruments core:AdditionsToInvestments 2025-05-31 12633968 core:Non-currentFinancialInstruments core:RevaluationsIncreaseDecreaseInInvestments 2025-05-31 12633968 core:Non-currentFinancialInstruments core:DisposalsDecreaseInInvestments 2025-05-31 12633968 core:Non-currentFinancialInstruments core:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments 2025-05-31 12633968 core:Non-currentFinancialInstruments core:ImpairmentLossReversalProvisionsForImpairmentInvestments 2025-05-31 12633968 core:Non-currentFinancialInstruments core:AcquisitionsIncreaseInProvisionsForImpairmentInvestments 2025-05-31 12633968 core:Non-currentFinancialInstruments core:DisposalsDecreaseInProvisionsForImpairmentInvestments 2025-05-31 12633968 core:Non-currentFinancialInstruments core:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments 2025-05-31 12633968 core:Non-currentFinancialInstruments core:CostValuation 2024-05-31 12633968 core:Non-currentFinancialInstruments core:AdditionsToInvestments 2024-05-31 12633968 core:Non-currentFinancialInstruments core:RevaluationsIncreaseDecreaseInInvestments 2024-05-31 12633968 core:Non-currentFinancialInstruments core:DisposalsDecreaseInInvestments 2024-05-31 12633968 core:Non-currentFinancialInstruments core:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments 2024-05-31 12633968 core:Non-currentFinancialInstruments core:ImpairmentLossReversalProvisionsForImpairmentInvestments 2024-05-31 12633968 core:Non-currentFinancialInstruments core:AcquisitionsIncreaseInProvisionsForImpairmentInvestments 2024-05-31 12633968 core:Non-currentFinancialInstruments core:DisposalsDecreaseInProvisionsForImpairmentInvestments 2024-05-31 12633968 core:Non-currentFinancialInstruments core:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments 2024-05-31 12633968 bus:Director1 2024-06-01 2025-05-31 12633968 bus:Director2 2024-06-01 2025-05-31

NERG HOLDINGS LTD

Registered Number
12633968
(England and Wales)

Unaudited Financial Statements for the Year ended
31 May 2025

NERG HOLDINGS LTD
Company Information
for the year from 1 June 2024 to 31 May 2025

Directors | Mr S C Robertson
| Mrs J Robertson

Registered Address | Willow Tree Farm Water Lane
| Bassingham
| Lincoln
| LN5 9LA

Registered Number | 12633968 (England and Wales)

NERG HOLDINGS LTD
Balance Sheet as at
31 May 2025

| Notes | 2025 |  | 2024
--- | --- | --- | --- | ---
|  | £ |  | £ |  | £ |  | £
Fixed assets |  |  |  |  |  |  |  |
Tangible assets | 3 |  |  | 8,508 |  |  |  | 10,009
Investments | 4 |  |  | 796,673 |  |  |  | 796,773
|  |  |  | 805,181 |  |  |  | 806,782
Current assets |  |  |  |  |  |  |  |
Debtors | 5 | 11,253 |  |  |  | 11,253 |  |
Cash at bank and on hand |  | 2,228,940 |  |  |  | 1,777,096 |  |
|  | 2,240,193 |  |  |  | 1,788,349 |  |
Creditors amounts falling due within one year | 6 | (684,622) |  |  |  | (1,398,921) |  |
Net current assets (liabilities) |  |  |  | 1,555,571 |  |  |  | 389,428
Total assets less current liabilities |  |  |  | 2,360,752 |  |  |  | 1,196,210
Net assets |  |  |  | 2,360,752 |  |  |  | 1,196,210
Capital and reserves |  |  |  |  |  |  |  |
Called up share capital |  |  |  | 1,000 |  |  |  | 1,000
Other reserves |  |  |  | 230,794 |  |  |  | 230,794
Profit and loss account |  |  |  | 2,128,958 |  |  |  | 964,416
Shareholders' funds |  |  |  | 2,360,752 |  |  |  | 1,196,210

- The company was entitled to exemption from audit for this reporting period 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 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 and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 6 October 2025, and are signed on its behalf by:
Mr S C Robertson Director Registered Company No. 12633968

NERG HOLDINGS LTD
Notes to the Financial Statements
for the year ended 31 May 2025

1. | Accounting policies
--- | ---

| Statutory information
--- | ---
| The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

| Statement of compliance
--- | ---
| The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

| Basis of preparation
--- | ---
| The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

| Revenue from sale of goods
--- | ---
| Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

| Dividend income
--- | ---
| Dividend income is recognised when the right to receive payment is established.

| Employee benefits
--- | ---
| Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

| Defined contribution pension plan
--- | ---
| The company operates a defined contribution pension plan for the benefit of its employees. Contributions are recognised as expenses as they become payable. Differences between contributions payable in the year and those actually paid are recognised as either prepayments or accruals in the balance sheet. The assets of the defined contribution pension scheme are held separately from those of the company in an independently administered fund.

| Current taxation
--- | ---
| Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income. Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

| Tangible fixed assets and depreciation
--- | ---
| All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

|  | Reducing balance (%)
| Plant and machinery | 15

| Investments
--- | ---
| Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account. The Company has one 100% owned subsidiary NerG Limited. The registered office is 12 Tentercroft Street, Lincoln, LN5 7DB. NerG Limited- The principal activity is the provision of commercial biomass boilers, heater and combined heat and power installation, servicing and fuel supply.

| Trade and other debtors
--- | ---
| Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

| Cash and cash equivalents
--- | ---
| Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less. Bank overdrafts are disclosed separately. For the purpose of the cash flow statement, bank overdrafts form an integral part of the company's cash management and are included as a component of cash and cash equivalents.

| Trade and other creditors
--- | ---
| Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

| Share capital
--- | ---
| Ordinary shares are classified as equity. Incremental costs directly attributable to the issue of new ordinary shares or options are shown in equity as a deduction, net of tax, from the proceeds.

2. | Average number of employees
--- | ---

|  | 2025 |  | 2024
| Average number of employees during the year | 2 |  | 2

3. | Tangible fixed assets
--- | ---

|  | Plant & machinery |  | Total
--- | --- | --- | --- | ---
|  | £ |  | £
| Cost or valuation
| At 01 June 24 | 12,000 |  | 12,000
| At 31 May 25 | 12,000 |  | 12,000
| Depreciation and impairment
| At 01 June 24 | 1,991 |  | 1,991
| Charge for year | 1,501 |  | 1,501
| At 31 May 25 | 3,492 |  | 3,492
| Net book value
| At 31 May 25 | 8,508 |  | 8,508
| At 31 May 24 | 10,009 |  | 10,009

4. | Fixed asset investments
--- | ---

|  | Investments in groups1 |  | Total
--- | --- | --- | --- | ---
|  | £ |  | £
| Cost or valuation
| At 01 June 24 | 796,773 |  | 796,773
| Disposals | (100) |  | (100)
| At 31 May 25 | 796,673 |  | 796,673
| Net book value
| At 31 May 25 | 796,673 |  | 796,673
| At 31 May 24 | 796,773 |  | 796,773

| Notes
--- | ---
| 1Investments in group undertakings and participating interests

5. | Debtors: amounts due within one year
--- | ---

|  | 2025 |  | 2024
--- | --- | --- | --- | ---
|  | £ |  | £
| Other debtors | 11,253 |  | 11,253
| Total | 11,253 |  | 11,253

6. | Creditors: amounts due within one year
--- | ---

|  | 2025 |  | 2024
--- | --- | --- | --- | ---
|  | £ |  | £
| Bank borrowings and overdrafts | 15,620 |  | -
| Taxation and social security | 6,838 |  | -
| Other creditors | 661,420 |  | 1,398,921
| Accrued liabilities and deferred income | 744 |  | -
| Total | 684,622 |  | 1,398,921