2022-09-012023-08-312023-08-31false11524087NEXT LEVEL ACCOUNTING 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NEXT LEVEL ACCOUNTING LTD

Registered Number
11524087
(England and Wales)

Unaudited Financial Statements for the Year ended
31 August 2023

NEXT LEVEL ACCOUNTING LTD
Company Information
for the year from 1 September 2022 to 31 August 2023

Director

KHAMOUSH, Alireza

Registered Address

21 Mount Drive
Wembley
HA9 9ED

Registered Number

11524087 (England and Wales)
NEXT LEVEL ACCOUNTING LTD
Statement of Financial Position
31 August 2023

Notes

2023

2022

£

£

£

£

Current assets
Debtors3,78732
Cash at bank and on hand22,55525,199
26,34225,231
Creditors amounts falling due within one year6(24,909)(17,236)
Net current assets (liabilities)1,4337,995
Total assets less current liabilities1,4337,995
Net assets1,4337,995
Capital and reserves
Called up share capital149149
Profit and loss account1,2847,846
Shareholders' funds1,4337,995
The financial statements were approved and authorised for issue by the Director on 30 November 2023, and are signed on its behalf by:
KHAMOUSH, Alireza
Director
Registered Company No. 11524087
NEXT LEVEL ACCOUNTING LTD
Notes to the Financial Statements
for the year ended 31 August 2023

1.Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
2.Compliance with applicable reporting framework
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
3.Accounting policies
Revenue recognition policy
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
4.Employee information

20232022
Average number of employees during the year11
5.Debtors within one year

2023

2022

££
Other debtors3,78732
Total3,78732
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
6.Creditors within one year

2023

2022

££
Taxation and social security3,0351,796
Other creditors21,87415,440
Total24,90917,236
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.