Acorah Software Products - Accounts Production 19.3.600 false true true 31 December 2024 1 January 2024 false 21 July 2026 1 January 2025 31 December 2025 31 December 2025 08328330 Mr Thibault Chevallier Mr Arnaud Susplugas true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08328330 2024-12-31 08328330 2025-12-31 08328330 2025-01-01 2025-12-31 08328330 frs-core:CurrentFinancialInstruments 2025-12-31 08328330 frs-core:Non-currentFinancialInstruments 2025-12-31 08328330 frs-core:FurnitureFittings 2025-12-31 08328330 frs-core:FurnitureFittings 2025-01-01 2025-12-31 08328330 frs-core:FurnitureFittings 2024-12-31 08328330 frs-core:PlantMachinery 2025-12-31 08328330 frs-core:PlantMachinery 2025-01-01 2025-12-31 08328330 frs-core:PlantMachinery 2024-12-31 08328330 frs-core:SharePremium 2025-12-31 08328330 frs-core:ShareCapital 2025-12-31 08328330 frs-core:RetainedEarningsAccumulatedLosses 2025-12-31 08328330 frs-bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 08328330 frs-bus:FilletedAccounts 2025-01-01 2025-12-31 08328330 frs-bus:SmallEntities 2025-01-01 2025-12-31 08328330 frs-bus:Audited 2025-01-01 2025-12-31 08328330 frs-bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 08328330 1 2025-01-01 2025-12-31 08328330 frs-bus:Director1 2025-01-01 2025-12-31 08328330 frs-bus:Director2 2025-01-01 2025-12-31 08328330 frs-countries:EnglandWales 2025-01-01 2025-12-31 08328330 2023-12-31 08328330 2024-12-31 08328330 2024-01-01 2024-12-31 08328330 frs-core:CurrentFinancialInstruments 2024-12-31 08328330 frs-core:Non-currentFinancialInstruments 2024-12-31 08328330 frs-core:SharePremium 2024-12-31 08328330 frs-core:ShareCapital 2024-12-31 08328330 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31
Registered number: 08328330
Renewable Heat Generation Limited
Financial Statements
For The Year Ended 31 December 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 08328330
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,739,952 3,036,283
2,739,952 3,036,283
CURRENT ASSETS
Stocks 5 91,133 94,273
Debtors 6 739,595 683,673
Cash at bank and in hand 225,708 801,857
1,056,436 1,579,803
Creditors: Amounts Falling Due Within One Year 7 (302,919 ) (255,791 )
NET CURRENT ASSETS (LIABILITIES) 753,517 1,324,012
TOTAL ASSETS LESS CURRENT LIABILITIES 3,493,469 4,360,295
Creditors: Amounts Falling Due After More Than One Year 8 (1,769,102 ) (3,606,870 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (558,119 ) (603,281 )
NET ASSETS 1,166,248 150,144
CAPITAL AND RESERVES
Called up share capital 9 100 100
Share premium account 149,970 149,970
Profit and Loss Account 1,016,178 74
SHAREHOLDERS' FUNDS 1,166,248 150,144
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These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Thibault Chevallier
Director
21 July 2026
The notes on pages 3 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Renewable Heat Generation Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08328330 . The registered office is C/O Cutts And Co, Eden Point, Three Acres Lane, Cheadle , SK8 6RL and there is no single principal place of business.
The presentational currency of these financial statements is Pound Sterling (£).
Amounts in these financial statements are rounded to the nearest £.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern. 
2.3. Significant judgements and estimations
The preparation of the financial statements requires management to make judgements, estimates  and assumptions that affect the amounts reported for assets and liabilities at the reporting date and the amounts reported for revenues and expenses during the year. However, the nature of estimation means that actual outcomes might differ from those estimates.
The following judgements have been made by the directors in applying the company's accounting policies:
Plant and machinery
Plant and machinery is depreciated over the average lease term of the sites on which the assets are sited. This has been estimated by the directors to be 20 years (with effect from 01 January 2022) equating to 5.00% per annum.
2.4. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and VAT. Turnover relates to remittances from Ofgem for energy produced by the company at its various sites and to the sale of wood pellets. Ofgem turnover is recognised on a receivable basis and for wood pellets on despatch of the goods. Turnover is reduced for estimated rebates and other similar allowances.
2.5. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 5.00% per annum on a straight line basis
Fixtures & Fittings 25.00% per annum on a reducing balance basis
2.6. Stocks and Work in Progress
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. 
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2.7. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
2.8. Borrowing costs
All borrowing costs are recognised in the profit and loss account in the year in which they are incurred.
2.9. Financial instruments
The company only has basic financial instruments which are recognised at amortised cost.
Debtors
Short term debtors are measured at transaction price less any impairment. 
Creditors
Short term creditors are measured at the transaction price. Other financial liabilities are measured at amortised cost.
2.10. Dividends
Equity dividends are recognised when they become legally payable. Interim dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2024: NIL)
- -
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Total
£ £ £
Cost
As at 1 January 2025 5,903,896 833 5,904,729
As at 31 December 2025 5,903,896 833 5,904,729
Depreciation
As at 1 January 2025 2,867,652 794 2,868,446
Provided during the period 296,292 39 296,331
As at 31 December 2025 3,163,944 833 3,164,777
...CONTINUED
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Net Book Value
As at 31 December 2025 2,739,952 - 2,739,952
As at 1 January 2025 3,036,244 39 3,036,283
5. Stocks
2025 2024
£ £
Finished goods 91,133 94,273
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 119,067 173,551
Prepayments and accrued income 572,910 485,903
Other debtors 47,618 24,219
739,595 683,673
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 229,531 147,916
Accruals 71,624 107,458
Amounts owed to group undertakings 1,764 417
302,919 255,791
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Amounts owed to group undertakings 1,769,102 3,606,870
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
10. Contingent Liabilities
The company has provided a cross guarantee and a counter indemnity in respect of its parent's bank borrowings. At the reporting date the parent's bank borrowings amounted to £7,146,414 (2024: £8,186,547).
11. Dividends
2025 2024
£ £
On equity shares:
Final dividend paid - 959,900
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12. Related Party Transactions
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland", not to disclose related party transactions with wholly owned subsidiaries within the group.
Long term loan balances with group companies are shown in notes 7 and 8. Accruals include related party balances of £20,000 (2024: £20,000) owed to group companies and trade debtors, shown in note 6, include related party balances of £6,477 (2024: £29,928).
13. Ultimate Parent Undertaking and Controlling Party
The company's immediate parent is LCH Biomass (I) Ltd and its ultimate parent undertaking is InfraVia Capital Partners SAS which, on 14 November 2024, acquired 75% of the shares of the company's previous ultimate (and new intermediate) parent company, Kyotherm SAS. The group accounts are not available for public access.
The ultimate controlling parties are not disclosed on the Paris Registre du Commerce et des Societes. by virtue of their shareholding in Kyotherm SAS.
14. Audit Information
The auditor's report on the accounts of Renewable Heat Generation Limited for the year ended 31 December 2025 was unqualified.
The auditor's report was signed by Paul Allan Byrne BA (Double Hons) FCA (Senior Statutory Auditor) for and on behalf of Ascendis Audit Limited , Statutory Auditor.
Ascendis Audit Limited
Unit 3 Building 2, The Colony
Altrincham Road
Wilmslow
Cheshire
SK9 4LY
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