Company Registration No. 08854010 (England and Wales)
NXT Recruitment Ltd
Unaudited accounts
for the year ended 31 January 2024
NXT Recruitment Ltd
Unaudited accounts
Contents
NXT Recruitment Ltd
Company Information
for the year ended 31 January 2024
Directors
Jason James Hodgson
Simon John Glencross
Company Number
08854010 (England and Wales)
Registered Office
MODVILLAGE MODVILAGE UNIT A1
BARON WAY, KINGMOOR BUSINESS PARK
CARLISLE
CUMBRIA
CA6 4BU
ENGLAND
Accountants
Angela Black FMAAT
AB Accountancy Solutions Ltd
64 Ruskin Close
High Harrington
Cumbria
CA144LS
NXT Recruitment Ltd
Statement of financial position
as at 31 January 2024
Tangible assets
9,399
9,965
Cash at bank and in hand
197,177
348,563
Creditors: amounts falling due within one year
(30,377)
(81,307)
Net current assets
258,992
372,713
Total assets less current liabilities
268,391
382,678
Creditors: amounts falling due after more than one year
(61,607)
(198,640)
Net assets
206,784
184,038
Called up share capital
100
100
Profit and loss account
206,684
183,938
Shareholders' funds
206,784
184,038
For the year ending 31 January 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 directors acknowledge their 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 of Directors and authorised for issue on 1 October 2024 and were signed on its behalf by
Simon John Glencross
Director
Company Registration No. 08854010
NXT Recruitment Ltd
Notes to the Accounts
for the year ended 31 January 2024
NXT Recruitment Ltd is a private company, limited by shares, registered in England and Wales, registration number 08854010. The registered office is MODVILLAGE MODVILAGE UNIT A1, BARON WAY, KINGMOOR BUSINESS PARK, CARLISLE, CUMBRIA, CA6 4BU, ENGLAND.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Fixtures & fittings
25% Straight Line
Computer equipment
25% Straight Line
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 February 2023
12,844
38,374
51,218
At 31 January 2024
16,119
38,374
54,493
At 1 February 2023
3,211
38,042
41,253
Charge for the year
3,509
332
3,841
At 31 January 2024
6,720
38,374
45,094
At 31 January 2024
9,399
-
9,399
At 31 January 2023
9,633
332
9,965
NXT Recruitment Ltd
Notes to the Accounts
for the year ended 31 January 2024
Amounts falling due within one year
Trade debtors
91,709
105,457
Accrued income and prepayments
483
-
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
9,932
31,542
Other creditors
14,875
1,271
7
Creditors: amounts falling due after more than one year
2024
2023
Loans from directors
36,735
164,738
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
Balance owing to Simon Glencross and Jason Hodgson £36,735
10
Average number of employees
During the year the average number of employees was 100 (2023: 135).