NRG Well Examination Ltd

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

Registered number: SC184427

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS

CURRENT ASSETS
Debtors	4	881,868		936,908
Cash at bank and in hand		1,068,865		1,366,277

		1,950,733		2,303,185
Creditors: Amounts Falling Due Within One Year	5	(814,465 )		(1,238,066 )

NET CURRENT ASSETS (LIABILITIES)			1,136,268		1,065,119

TOTAL ASSETS LESS CURRENT LIABILITIES			1,136,268		1,065,119

NET ASSETS			1,136,268		1,065,119

CAPITAL AND RESERVES
Called up share capital	6		400		400
Profit and Loss Account			1,135,868		1,064,719

SHAREHOLDERS' FUNDS			1,136,268		1,065,119

For the year ending 30 April 2026 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

Mrs J Mackay Director	Mr D Mackay Director	Mrs E McPherson Director
05/11/2026

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

NRG Well Examination Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC184427 . The registered office is 8 Albyn Terrace, Aberdeen, AB10 1YP.

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 rendering of services.

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. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

2.4. Taxation

Corporation 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.

2.5. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 3 (2025: 4)

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NRG Well Examination Ltd

Notes to the Financial Statements (continued)

For The Year Ended 30 April 2026

4. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	600,152	519,402
Amounts owed by group undertakings	-	185,441
Amounts owed by participating interests	205,348	230,348
Other debtors	76,368	1,717

	881,868	936,908

5. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	100,312	104,589
Amounts owed to group undertakings	664,481	1,059,226
Other creditors	5,970	9,618
Taxation and social security	43,702	64,633

	814,465	1,238,066

6. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	400	400

7. Other Commitments

The total of future minimum lease payments under non-cancellable operating leases are as following:

	2026	2025
	£	£
Not later than one year	16,800	-

	16,800	-

8. Related Party Transactions

During the year NRG Holdings Limited (parent company) decreased the amount loaned to the company by £543,102 leaving a balance of £515,814 (2025 £1,058,916). This loan is unsecured, interest free and repayable on demand.

There was no movement in the loan from NRG Group Holdings Limited (ultimate parent company) during the year. The balance in 2025 and 2024 was £310. This loan is unsecured, interest free and repayable on demand.

During the year the company decreased the amount loaned to NRG Well Management Ltd (a company under common control) by £185,441 leaving a balance of £nil (2025 £185,441).

During the year NRG Well Management Ltd (a company under common control) made a loan to the company of £148,356, the balance at the year end was £148,356. This loan is unsecured, interest free and repayable on demand.

During the year the company decreased the amount loaned to NRG Well Management International Ltd (a company under common control) by £25,000 leaving a balance of £205,348 (2025 230348). This loan is unsecured, interest free and repayable on demand.

The company was charged management fees of £384,000 from NRG Holdings Limited. These were on normal commercial terms and £nil was outstanding at the year end.

...CONTINUED

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NRG Well Examination Ltd

Notes to the Financial Statements (continued)

For The Year Ended 30 April 2026

8. Related Party Transactions - continued

During the year the company paid dividends of £nil to NRG Holdings Limited.

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