Nexus Operating Group Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 06894078 (England and Wales)

NEXUS OPERATING GROUP LIMITED

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31ST JULY 2014

Page

Company Information

1

Chartered Certified Accountants' Report

2

Abbreviated Balance Sheet

3

Notes to the Abbreviated Accounts

4

DIRECTOR:

J Baker

SECRETARY:

P C Matthews

REGISTERED OFFICE:

28 Dudley Street

Grimsby

N E Lincolnshire

DN31 2AB

REGISTERED NUMBER:

06894078 (England and Wales)

ACCOUNTANTS:

Weaver Wroot

Chartered Certified Accountants

28 Dudley Street

Grimsby

N E Lincolnshire

DN31 2AB

The following reproduces the text of the report prepared for the director in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages three to four)

have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of Nexus Operating Group Limited for the year ended 31st July 2014 which comprise the Profit and

Loss Account, the Balance Sheet, and the related notes from the company's accounting records and from information and

explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and

other professional requirements which are detailed at http://rulebook.accaglobal.com.

This report is made solely to the director of Nexus Operating Group Limited in accordance with our terms of

engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Nexus

Operating Group Limited and state those matters that we have agreed to state to the director of Nexus Operating Group

Limited in this report in accordance with the requirements of the Association of Chartered Certified Accountants as

detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume

responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Nexus Operating Group Limited has kept adequate accounting records and to prepare

statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Nexus

Operating Group Limited. You consider that Nexus Operating Group Limited is exempt from the statutory audit

requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Nexus Operating Group

Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and

explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Weaver Wroot

Chartered Certified Accountants

28 Dudley Street

Grimsby

N E Lincolnshire

DN31 2AB

10th December 2014

FIXED ASSETS

Tangible assets

2

86,685

33,419

CURRENT ASSETS

Debtors

140,099

236,499

Cash at bank and in hand

74,054

53,465

214,153

289,964

CREDITORS

Amounts falling due within one year

260,517

321,131

NET CURRENT LIABILITIES

(46,364

)

(31,167

)

TOTAL ASSETS LESS CURRENT LIABILITIES

40,321

2,252

CAPITAL AND RESERVES

Called up share capital

3

240

240

Profit and loss account

40,081

2,012

SHAREHOLDERS' FUNDS

40,321

2,252

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st July 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st July 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 10th December 2014 and were signed by:

J Baker - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

15% on cost

Fixtures and fittings

-

15% on cost

Motor vehicles

-

25% on cost

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st August 2013

42,623

Additions

65,216

Disposals

(5,250

)

At 31st July 2014

102,589

DEPRECIATION

At 1st August 2013

9,204

Charge for year

7,891

Eliminated on disposal

(1,191

)

At 31st July 2014

15,904

NET BOOK VALUE

At 31st July 2014

86,685

At 31st July 2013

33,419

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

2

Ordinary

1

240

240