Registered number
05102924
NEXUM (GROUP) LIMITED
Filleted Accounts
31 March 2023
NEXUM (GROUP) LIMITED
Registered number: 05102924
Balance Sheet
as at 31 March 2023
Notes 2023 2022
£ £
Fixed assets
Investments 4 150 150
Current assets
Debtors 5 54,528 54,528
Cash at bank and in hand 312,403 242,032
366,931 296,560
Creditors: amounts falling due within one year 6 (129,031) (118,665)
Net current assets 237,900 177,895
Net assets 238,050 178,045
Capital and reserves
Called up share capital 250 250
Profit and loss account 237,800 177,795
Shareholders' funds 238,050 178,045
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
S R Ganatra
Director
Approved by the board on 18 November 2023
NEXUM (GROUP) LIMITED
Notes to the Accounts
for the year ended 31 March 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

The company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group of which this is the parent qualifies as a small group. The financial statements present information about the company as an individual entity and not about its group.
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 sale of goods and from the rendering of services.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Equipment, fixtures and fittings over 4 years
Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 2 2
3 Tangible fixed assets
Equipment, fixtures and fittings
£
Cost
At 1 April 2022 3,374
At 31 March 2023 3,374
Depreciation
At 1 April 2022 3,374
At 31 March 2023 3,374
Net book value
At 31 March 2023 -
At 31 March 2022 -
4 Investments
Investments in
subsidiary
undertakings
£
Cost
At 1 April 2022 150
At 31 March 2023 150
The company holds 20% or more of the share capital of the following companies:
Capital and Profit (loss)
Company Shares held reserves for the year
Class % £ £
Nexum Software Limited Ordinary 93.75 1,032,781 423,145
5 Debtors 2023 2022
£ £
Trade debtors 54,300 54,300
Other debtors and prepayments 228 228
54,528 54,528
6 Creditors: amounts falling due within one year 2023 2022
£ £
Trade creditors 2,426 2,374
Corporation tax 84,153 74,865
Other taxes and social security costs 38,433 37,406
Other creditors 4,019 4,020
129,031 118,665
7 Other information
NEXUM (GROUP) LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
8 Swift Centre
41 Imperial Way
Croydon
Surrey
CR0 4RL
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