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Review pending. Every figure has been located on its cited source page in an AI-assisted source verification (matched to the document's text) (17 October 2026). Independent review has not yet been carried out, and these pages are not indexed.AI-assisted source check done; independent review pending; not indexed. About the review

Neo Energy Metals

NEO · A2X Markets · Consolidated statements

On this page
Company details
Legal name
Neo Energy Metals PLC
Listing
NEO on the A2X Markets, active · ISIN GB00BYWLRL80 (observed 2026-10-08)
Sector
Not classified (our classification from the stated principal activity)
Financial year ends
30 September

Overview

Year ended 30 September 2025 · annual report, signed / final · source

Read with these figures

  • Going-concern warning. The auditor's report for the year ended 30 September 2025 states a material uncertainty about whether the company can continue as a going concern.
Full wording and sources

  • Auditor's report, year to 2025-09-30: material uncertainty related to going concern

    Material uncertainty related to going concern We draw attention to note 2.1 (a) to the financial statements, which indicates that the Group has raised £2.5m to cover overhead costs and costs related to the Henkries Project mining rights, in order to continue in business and meet its liabilities as they fall due for a period of at least 12 months from the date of approval of the financial statements. ... there can be no certainty that the additional funding will be obtained and consequently represents a material uncertainty that may cast significant doubt on the Group's and Parent Company's ability to continue as a going concern. Our opinion is not modified in respect of this matter.

    Source: NEO ENERGY METALS PLC ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025, p56 (dated 2026-02-26)

  • Revenue

    Not reported in this filing

  • Operating profit / (loss)

    −GBP 6.05 million

    (6,053,964) GBP units · p65

    Change not shown.

  • Profit / (loss) for the year

    −GBP 6.05 million

    (6,053,927) GBP units · p65

    Change not shown.

  • Total assets

    GBP 19.9 million

    19,869,392 GBP units · p66

    +7.9% vs 2024

  • Total equity

    −GBP 126,732

    (126,732) GBP units · p66

    Change not shown.

  • Cash from operations

    GBP 699,619

    699,619 GBP units · p68

    Change not shown.

Large amounts are rounded for reading (GBP million / billion / trillion); exact figures as printed are under each amount and in the tables. No currency conversion.

Not shown: the prior-year figure is zero or negative.

Financial statements

Exact figures as printed. Each column comes from one filing; labels are as printed in the newest filing. Amounts in GBP units unless the row says otherwise; brackets are negative.

† from a supplementary filing for the same year · ‡ signed audited statements preferred over a disputed figure · “–” is a printed dash, explained below the table

Column sources

  • FY to 30 Sep 2025 — annual report, signed / final; reported for the year · source
  • FY to 30 Sep 2024 — annual report, signed / final; comparative in the FY to 30 Sep 2025 filing · source

Income statement

Income statement, GBP units. Columns: FY to 30 Sep 2025 — annual report (signed / final), as reported for the year; FY to 30 Sep 2024 — annual report (signed / final), comparative reported in the annual report for 2025.
Line (as printed) FY to 30 Sep 2025Annual reportreported for the yearFY to 30 Sep 2024Annual reportcomparative in FY to 30 Sep 2025 filing
Administrative expenses (6,053,964) (2,018,319)
Exceptional item - reverse acquisition expense1 –2 (6,115,898)
Operating loss before finance costs (6,053,964) (8,134,217)
Finance costs (355) (748)
Other income3 –4 1,308,036
Finance income 392 959
Loss before tax (6,053,927) (6,825,970)
Taxation –5 –5
Total loss for the year (6,053,927) (6,825,970)
Non-controlling interests6 (2,750) (9,811)
Exchange differences on translation of foreign operations 44,765 (97,397)
Total other comprehensive income (6,009,162) (6,923,367)
  1. Printed “-”, read as nil: subtotal_arithmetic: is.operating_profit.
  2. Printed “-”, read as nil: subtotal_arithmetic: is.profit_before_tax.
  3. Printed “-”, read as nil: subtotal_arithmetic: is.profit_for_year.
Notes and alternative reported figures (3)
  1. “Exceptional item - reverse acquisition expense” is an issuer-specific line, not mapped to a shared definition: Exceptional operating item (note 5): reverse acquisition expense, 2024 only.
  2. “Other income” is an issuer-specific line, not mapped to a shared definition: Other income (note 12) printed below the operating loss, between finance costs and finance income.
  3. “Non-controlling interests” is an issuer-specific line, not mapped to a shared definition: Loss for the year attributable to non-controlling interests.

Balance sheet

Balance sheet, GBP units. Columns: FY to 30 Sep 2025 — annual report (signed / final), as reported for the year; FY to 30 Sep 2024 — annual report (signed / final), comparative reported in the annual report for 2025.
Line (as printed) FY to 30 Sep 2025Annual reportreported for the yearFY to 30 Sep 2024Annual reportcomparative in FY to 30 Sep 2025 filing
Intangible assets 19,731,059 18,282,999
Total non-current assets 19,731,059 18,282,999
Trade and other receivables 119,268 135,933
Cash and cash equivalents 19,065 2,585
Total current assets 138,333 138,518
Total assets 19,869,392 18,421,517
Bank overdraft 406 –1
Trade and other payables 18,881,202 18,198,248
Borrowings 1,922 1,922
Total current liabilities 18,883,530 18,200,170
Loans from related parties 1,088,405 487,745
Borrowings 24,189 26,793
Total liabilities 19,996,124 18,714,708
Net liabilities2 (126,732) (293,191)
Share capital – Ordinary shares 220,911 147,913
Share capital – Deferred shares3 131,193 131,193
Share premium 14,638,482 8,661,623
Merger reserve4 3,108,987 3,108,987
Reverse acquisition reserve5 (2,320,231) (2,320,231)
Share options reserve6 150,918 25,153
Translation reserve7 (54,853) (99,617)
Accumulated deficit (15,983,218) (9,932,041)
Capital and reserves attributable to owners of NEO Energy Metals PLC (107,811) (277,020)
Non-controlling interests (18,921) (16,171)
Total Equity (126,732) (293,191)
  1. Printed “-”, read as nil: subtotal_arithmetic: bs.current_liabilities.
Notes and alternative reported figures (6)
  1. “Net liabilities” is an issuer-specific line, not mapped to a shared definition: Total assets less total liabilities, printed as 'Net liabilities' (negative net assets).
  2. “Share capital – Deferred shares” is an issuer-specific line, not mapped to a shared definition: Deferred shares (note 22).
  3. “Merger reserve” is an issuer-specific line, not mapped to a shared definition: Equity reserve (note 22).
  4. “Reverse acquisition reserve” is an issuer-specific line, not mapped to a shared definition: Equity reserve arising on the reverse acquisition (notes 5, 22).
  5. “Share options reserve” is an issuer-specific line, not mapped to a shared definition: Equity reserve (note 22).
  6. “Translation reserve” is an issuer-specific line, not mapped to a shared definition: Foreign currency translation reserve (note 22).

Cash flow

Cash flow, GBP units. Columns: FY to 30 Sep 2025 — annual report (signed / final), as reported for the year; FY to 30 Sep 2024 — annual report (signed / final), comparative reported in the annual report for 2025.
Line (as printed) FY to 30 Sep 2025Annual reportreported for the yearFY to 30 Sep 2024Annual reportcomparative in FY to 30 Sep 2025 filing
Operating cash inflows/(outflows) before working capital movements1 121,658 (2,603,086)
Decrease/(increase) in trade and other receivables2 16,664 (126,048)
Increase/(decrease) in trade and other payables3 682,955 (1,339,857)
Net cash inflows/(outflows) from operating activities 699,619 (1,465,905)
Interest Income 392 959
Acquisition of intangible assets (1,448,060) –4
Net cash (outflows)/ inflows from investing activities (1,447,668) 959
Proceeds from issue of share capital5 –6 3,688,243
Repayment of borrowings (2,604) (4,873)
Finance costs7 (355) (748)
Loans from related parties8 600,660 483,088
Net cash inflows from financing activities 597,701 4,165,710
Net (decrease)/increase in cash and cash equivalents (28,690) 97,678
Cash and cash equivalents at the beginning of the period 2,585 2,304
Exchange differences on cash and cash equivalents 44,764 (97,397)
Cash and cash equivalents at the end of the period 18,659 2,585
  1. Printed “-”, read as nil: subtotal_arithmetic: cf.cash_from_investing.
  2. Printed “-”, read as nil: subtotal_arithmetic: cf.cash_from_financing.
Notes and alternative reported figures (6)
  1. “Operating cash inflows/(outflows) before working capital movements” is an issuer-specific line, not mapped to a shared definition: Operating subtotal before working-capital movements.
  2. “Decrease/(increase) in trade and other receivables” is an issuer-specific line, not mapped to a shared definition: Working-capital movement.
  3. “Increase/(decrease) in trade and other payables” is an issuer-specific line, not mapped to a shared definition: Working-capital movement.
  4. “Proceeds from issue of share capital” is an issuer-specific line, not mapped to a shared definition: Financing activities.
  5. “Finance costs” is an issuer-specific line, not mapped to a shared definition: Financing activities: finance costs paid.
  6. “Loans from related parties” is an issuer-specific line, not mapped to a shared definition: Financing activities: loans received from related parties.

Per share and shares

Per share and shares. Columns: FY to 30 Sep 2025 — annual report (signed / final), as reported for the year; FY to 30 Sep 2024 — annual report (signed / final), comparative reported in the annual report for 2025.
Line (as printed) FY to 30 Sep 2025Annual reportreported for the yearFY to 30 Sep 2024Annual reportcomparative in FY to 30 Sep 2025 filing
Profit / (loss) attributable to shareholders (GBP units)1 (6,051,177) (6,816,159)
Notes and alternative reported figures (1)
  1. Profit / (loss) attributable to shareholders: printed as “Owners of the Parent Company”.

Segments

Segment data not yet collected for this company in the pilot.

Dividends

Proposed or recommended, declared and paid are different events and are kept apart. A statement that no dividend was proposed does not mean none was paid.

No dividend statement or amount collected.

Sources

Each filing used on this page, newest period first. Dates are the document's own; the date we retrieved a file is shown separately and is never a publication date.

  • NEO ENERGY METALS PLC ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025

    Year ended 30 September 2025 · Annual report · signed / final

    Audit: Moore Kingston Smith LLP, unmodified opinion · signed · includes a material-uncertainty paragraph

    Auditor's sign-off: Matthew Banton (Senior Statutory Auditor), for and on behalf of Moore Kingston Smith LLP

    Final status: Auditor's report signed 'Moore Kingston Smith LLP' (handwritten signature) above 'Matthew Banton (Senior Statutory Auditor) For and on behalf of Moore Kingston Smith LLP, Statutory Auditor', dated 26 February 2026 (PDF p64, page image); statements approved by the board and authorised for issue on 26 February 2026, signed by Jason Brewer, Director (handwritten signature, PDF p66, page image).

    Document date
    26 Feb 2026
    Auditor's report
    26 Feb 2026
    Board approval
    26 Feb 2026
    Retrieved by us
    8 Oct 2026 (not a publication date)
    Used for
    statement columns FY to 30 Sep 2025, FY to 30 Sep 2024
    Basis
    consolidated statements · GBP units (printed “£”)
    • 'Net cash inflows/(outflows) from operating activities' is printed as 699,619 (2024: (1,465,905)), which equals the two working-capital movements alone (16,664 + 682,955; 2024: (126,048) + (1,339,857)) and leaves out 'Operating cash inflows/(outflows) before working capital movements' 121,658 (2024: (2,603,086)); the printed 'Net (decrease)/increase in cash and cash equivalents' (28,690) (2024: 97,678) and closing cash agree with the operating total including that subtotal (821,277; 2024: (4,068,991)). Kept as printed and confirmed on the render (p68); the cash_from_operations and net_change_in_cash checks fail by 121,658 (2024: 2,603,086).
    • Loss per share is printed on the face of the statement of comprehensive income as (0.003) (2024: (0.006)) under the heading '(pence)' (p65), while note 14 prints '(0.3p)' (2024: '(0.6p)') (p94); the loss attributable (6,051,177) over 1,912,723,767 weighted shares is about 0.3 pence. Not transcribed.
    • Cash at the end of the period in the cash-flow statement (18,659) is net of the bank overdraft (406) shown on the statement of financial position, where cash and cash equivalents are 19,065 (pp66, 68).
    • The line labelled 'Total other comprehensive income' carries total comprehensive income ((6,009,162); 2024: (6,923,367)) (p65). Liabilities are printed in brackets; no non-current-liabilities subtotal and no total equity and liabilities line are printed; 'Net liabilities' equals total equity (p66).
    • The 2024 statement of financial position is printed 'Restated': 'Loans from related parties' were incorrectly shown as a current liability and are reclassified to non-current; no impact on comprehensive income or net liabilities (note 29, PDF p112).
    Technical details
    File
    112 pages, with a text layer
    SHA-256
    5db3a81a3a62ca259ce968e47d41ba7a026360d25973cdb99863bb7ca847f1fc
    Entity as printed
    NEO ENERGY METALS PLC (Company Registration No. 09837001)
    Issuer copy
    retrieved 2026-10-08T18:53:03Z

Data notes

No figure-level notes beyond those in the tables.

Review status: every figure has been located on its cited source page in an AI-assisted source verification (matched to the document's text) (17 October 2026). Independent review is pending for every figure; automated checks and the AI-assisted verification are not independent review.

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Figures shown on this page (CSV) — the same selected figures at their exact printed values, each with its source document, SHA-256, page, selection rule and reading. Independent review of these figures is pending.

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