Nugen Group Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 12974310

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Investment Properties	4		329,025		-

			329,025		-
CURRENT ASSETS
Debtors	5	78,062		10,114

		78,062		10,114
Creditors: Amounts Falling Due Within One Year	6	(153,801 )		(8,612 )

NET CURRENT ASSETS (LIABILITIES)			(75,739 )		1,502

TOTAL ASSETS LESS CURRENT LIABILITIES			253,286		1,502

Creditors: Amounts Falling Due After More Than One Year	7		(251,778 )		-

NET ASSETS			1,508		1,502

CAPITAL AND RESERVES
Called up share capital	9		8		2
Profit and Loss Account			1,500		1,500

SHAREHOLDERS' FUNDS			1,508		1,502

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Nugen Group Ltd

Balance Sheet (continued)

As At 31 October 2025

For the year ending 31 October 2025 the company was entitled to exemption from audit 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.

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 J Taylor

Director

30/10/2026

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Nugen Group Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12974310 . The registered office is C/O Voila Accounting Castle Court 1 Castle Street, Portchester, Fareham, PO16 9QD.

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. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.

2.4. Trade and other debtors and creditors

Trade and other debtors that are receivable within one year and do not constitute a financing transaction are recorded at the undiscounted amount expected to be received, net of impairment. Those that are receivable after more than one year or that constitute a financing transaction are recorded initially at fair value less transaction costs and subsequently at amortised cost, net of impairment.

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method unless the effect of discounting would be immaterial, in which case they are stated at cost.

2.5. Share capital and dividends

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other

resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred

and the time value of money is material, the initial measurement is on a present value basis.

Dividend distribution to the company's shareholders is recognised as a liability in the finanical statements in the reporting period in which the dividends are declared.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2024: 2)

4. Investment Property

	2025
	£
Fair Value
As at 1 November 2024	-
Additions	329,025

As at 31 October 2025	329,025

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Nugen Group Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 October 2025

5. Debtors

	2025	2024
	£	£
Due within one year
Amounts owed by group undertakings	10,114	10,114
Other debtors	67,948	-

	78,062	10,114

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Other loans	60,320	-
Amounts owed to group undertakings	46,181	-
Other creditors	47,300	8,612

	153,801	8,612

7. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	251,778	-

8. Secured Creditors

The company has a loan with Octane Property Finance Limited secured on its investment property. At the year end, the outstanding balance was £251,778.

9. Share Capital

	2025	2024
Allotted, called up and fully paid	£	£
8 Ordinary Shares of £ 1.00 each	8	2


Shares issued during the period:	£
6 Ordinary Shares of £ 1.00 each	6

10. Related Party Transactions

NuGen Properties Ltd

NuGen Group Ltd is the ultimate parent company of NuGen Properties Ltd. During the year no dividends were received from NuGen Properties Ltd. At the balance sheet date the amount due from NuGen Properties was £10,114, this amount is undated, unsecured, interest free and repayable on demand.

Vision Build Maintain Ltd

NuGen Group Ltd is the ultimate parent company of Vision Build Maintain Ltd. During the year no dividends were received from Vision Build Maintain Ltd. At the balance sheet date the amount due to Vision Build Maintain Ltd was £46,181, this amount is undated, unsecured, interest free and repayable on demand.

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