2022-10-012023-09-302023-09-30false12682925NEXT LEVEL UNDERWRITING 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NEXT LEVEL UNDERWRITING LTD

Registered Number
12682925
(England and Wales)

Unaudited Financial Statements for the Year ended
30 September 2023

NEXT LEVEL UNDERWRITING LTD
Company Information
for the year from 1 October 2022 to 30 September 2023

Directors

BRODERSEN, Philipp
KRÜTZFELDT, Christian
KRÜTZFELDT, Klaus-Dieter Hermann
SMITH, Piers

Registered Address

C/O Helodrium
7th Floor, 77 Cornhill
London
EC3V 3QQ

Registered Number

12682925 (England and Wales)
NEXT LEVEL UNDERWRITING LTD
Balance Sheet as at
30 September 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Tangible assets31,7264,894
1,7264,894
Current assets
Debtors460,038393,698
Cash at bank and on hand278,779175,009
738,817568,707
Creditors amounts falling due within one year(187,366)(486,338)
Net current assets (liabilities)551,45182,369
Total assets less current liabilities553,17787,263
Net assets553,17787,263
Capital and reserves
Profit and loss account553,17787,263
Shareholders' funds553,17787,263
The financial statements were approved and authorised for issue by the Board of Directors on 6 March 2024, and are signed on its behalf by:
KRÜTZFELDT, Klaus-Dieter Hermann
Director
Registered Company No. 12682925
NEXT LEVEL UNDERWRITING LTD
Notes to the Financial Statements
for the year ended 30 September 2023

1.Accounting policies
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.
Statement of compliance
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.
Revenue from sale of goods
Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.
Employee benefits
Contributions to defined contribution plans are expensed in the period to which they relate.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:
2.Average number of employees

20232022
Average number of employees during the year00
3.Tangible fixed assets

Total

£
Cost or valuation
At 01 October 224,894
Additions(3,168)
At 30 September 231,726
Net book value
At 30 September 231,726
At 30 September 224,894