NEX Consulting Ltd - Accounts to registrar (filleted) - small 18.2
NEX Consulting Ltd - Accounts to registrar (filleted) - small 18.2
REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Year Ended 30 November 2019 |
for |
NEX Consulting Ltd |
NEX Consulting Ltd (Registered number: 04833790) |
Contents of the Financial Statements |
for the Year Ended 30 November 2019 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
NEX Consulting Ltd |
Company Information |
for the Year Ended 30 November 2019 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
10a White Hart Parade |
London Road |
Blackwater |
Camberley |
Surrey |
GU17 9AD |
NEX Consulting Ltd (Registered number: 04833790) |
Balance Sheet |
30 November 2019 |
30.11.19 | 30.11.18 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Intangible assets | 4 |
Tangible assets | 5 |
CURRENT ASSETS |
Debtors | 6 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 7 |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
( |
) |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings | ( |
) | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
The directors acknowledge their responsibilities for: |
(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
NEX Consulting Ltd (Registered number: 04833790) |
Balance Sheet - continued |
30 November 2019 |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements were approved by the Board of Directors and authorised for issue on |
NEX Consulting Ltd (Registered number: 04833790) |
Notes to the Financial Statements |
for the Year Ended 30 November 2019 |
1. | STATUTORY INFORMATION |
NEX Consulting Ltd is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
Intangible assets |
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses. |
Franchise costs |
Franchise costs are amortised over the period of the Franchise Agreement, that is, over a period of five years on a straight line basis. |
Tangible fixed assets |
Plant and machinery etc | - |
Taxation |
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
Current or deferred taxation assets and liabilities are not discounted. |
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. |
NEX Consulting Ltd (Registered number: 04833790) |
Notes to the Financial Statements - continued |
for the Year Ended 30 November 2019 |
2. | ACCOUNTING POLICIES - continued |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. |
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference. |
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
4. | INTANGIBLE FIXED ASSETS |
Other |
intangible |
assets |
£ |
COST |
At 1 December 2018 |
and 30 November 2019 |
AMORTISATION |
At 1 December 2018 |
and 30 November 2019 |
NET BOOK VALUE |
At 30 November 2019 |
At 30 November 2018 |
NEX Consulting Ltd (Registered number: 04833790) |
Notes to the Financial Statements - continued |
for the Year Ended 30 November 2019 |
5. | TANGIBLE FIXED ASSETS |
Plant and |
machinery |
etc |
£ |
COST |
At 1 December 2018 |
and 30 November 2019 |
DEPRECIATION |
At 1 December 2018 |
Charge for year |
At 30 November 2019 |
NET BOOK VALUE |
At 30 November 2019 |
At 30 November 2018 |
6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
30.11.19 | 30.11.18 |
£ | £ |
Trade debtors |
Other debtors |
7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
30.11.19 | 30.11.18 |
£ | £ |
Taxation and social security |
Other creditors |
8. | RELATED PARTY DISCLOSURES |
The company is controlled by it's directors, who are the company's shareholders. |
NEX Consulting Ltd (Registered number: 04833790) |
Notes to the Financial Statements - continued |
for the Year Ended 30 November 2019 |
9. | GOING CONCERN |
The accounts have been prepared on a going concern basis as a result of the directors having undertaken to continue to support the company for the foreseeable future, |