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Company Registration No. 10424212 (England and Wales)
Next Step Services (Sw) Limited Unaudited accounts for the year ended 31 March 2024
Next Step Services (Sw) Limited Unaudited accounts Contents
Page
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Next Step Services (Sw) Limited Company Information for the year ended 31 March 2024
Director
Etmond Palamani
Company Number
10424212 (England and Wales)
Registered Office
20 Myton Walk Theale Reading RG7 5EW United Kingdom
Accountants
striveX Ltd Beacon House Ibstone Road Stokenchurch Buckinghamshire HP14 3FE
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Next Step Services (Sw) Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
29,413 
19,548 
Current assets
Debtors
444,169 
159,733 
Cash at bank and in hand
709,314 
187,192 
1,153,483 
346,925 
Creditors: amounts falling due within one year
(300,480)
(97,432)
Net current assets
853,003 
249,493 
Total assets less current liabilities
882,416 
269,041 
Creditors: amounts falling due after more than one year
(211,253)
(35,623)
Net assets
671,163 
233,418 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
671,063 
233,318 
Shareholders' funds
671,163 
233,418 
For the year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 13 September 2024 and were signed on its behalf by
Etmond Palamani Director Company Registration No. 10424212
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Next Step Services (Sw) Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Next Step Services (Sw) Limited is a private company, limited by shares, registered in England and Wales, registration number 10424212. The registered office is 20 Myton Walk, Theale, Reading, RG7 5EW, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
These financial statements for the year ended 31 March 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 April 2022. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% Straight Line
Motor vehicles
25% Reducing Balance
Computer equipment
20% Straight Line
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 April 2023
6,448 
6,000 
17,355 
29,803 
Additions
- 
21,100 
- 
21,100 
At 31 March 2024
6,448 
27,100 
17,355 
50,903 
Depreciation
At 1 April 2023
1,530 
1,201 
7,524 
10,255 
Charge for the year
1,290 
6,474 
3,471 
11,235 
At 31 March 2024
2,820 
7,675 
10,995 
21,490 
Net book value
At 31 March 2024
3,628 
19,425 
6,360 
29,413 
At 31 March 2023
4,918 
4,799 
9,831 
19,548 
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Next Step Services (Sw) Limited Notes to the Accounts for the year ended 31 March 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
343,130 
118,739 
Accrued income and prepayments
4,465 
13,178 
Other debtors
96,574 
27,816 
444,169 
159,733 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
46,813 
5,082 
Trade creditors
59,749 
15,250 
Taxes and social security
171,621 
37,974 
Other creditors
16,619 
7,700 
Loans from directors
1,028 
29,506 
Accruals
4,650 
1,920 
300,480 
97,432 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
211,253 
35,623 
8
Average number of employees
During the year the average number of employees was 13 (2023: 22).
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