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REGISTERED NUMBER: 10595937 (England and Wales)







UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

1ST AUGUST 2022 TO 30TH JANUARY 2024

FOR

NEXT LEVEL CONSULTING ASSOCIATES
LIMITED

NEXT LEVEL CONSULTING ASSOCIATES
LIMITED (REGISTERED NUMBER: 10595937)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1ST AUGUST 2022 TO 30TH JANUARY 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


NEXT LEVEL CONSULTING ASSOCIATES
LIMITED

COMPANY INFORMATION
FOR THE PERIOD 1ST AUGUST 2022 TO 30TH JANUARY 2024







DIRECTOR: N R LeClere





REGISTERED OFFICE: 8 Riverside Place
Fordingbridge
SP6 1RR





REGISTERED NUMBER: 10595937 (England and Wales)





ACCOUNTANTS: Bewers Turner & Co LLP
Chartered Accountants
Portland House
11-13 Station Road
Kettering
Northamptonshire
NN15 7HH

NEXT LEVEL CONSULTING ASSOCIATES
LIMITED (REGISTERED NUMBER: 10595937)

BALANCE SHEET
30TH JANUARY 2024

2024 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 667 1,937
667 1,937

CURRENT ASSETS
Debtors 6 9,997 -
Cash at bank 286 720
10,283 720
CREDITORS
Amounts falling due within one year 7 9,127 11,816
NET CURRENT ASSETS/(LIABILITIES) 1,156 (11,096 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,823

(9,159

)

CREDITORS
Amounts falling due after more than one
year

8

(1,758

)

(2,230

)

PROVISIONS FOR LIABILITIES - (417 )
NET ASSETS/(LIABILITIES) 65 (11,806 )

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 64 (11,807 )
SHAREHOLDERS' FUNDS 65 (11,806 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30th January 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 30th January 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

NEXT LEVEL CONSULTING ASSOCIATES
LIMITED (REGISTERED NUMBER: 10595937)

BALANCE SHEET - continued
30TH JANUARY 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 29th October 2024 and were signed by:





N R LeClere - Director


NEXT LEVEL CONSULTING ASSOCIATES
LIMITED (REGISTERED NUMBER: 10595937)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1ST AUGUST 2022 TO 30TH JANUARY 2024


1. STATUTORY INFORMATION

Next Level Consulting Associates Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

For operational reasons the reporting period has been extended, therefore comparative amounts (including the related notes) may not be entirely comparable.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2017, is being amortised evenly over its estimated useful life of five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on reducing balance and 20% on reducing balance

Financial instruments
The company is party to only basic financial instruments such as cash, trade debtors and creditors and loans. Instruments such as trade debtors and trade creditors are initially recognised at their transaction cost and reviewed at the year end for impairment. Debt instruments not repayable on demand or due within one year, such as bank loans, are measured at amortised cost using the effective interest rate.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


NEXT LEVEL CONSULTING ASSOCIATES
LIMITED (REGISTERED NUMBER: 10595937)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1ST AUGUST 2022 TO 30TH JANUARY 2024


2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 (2022 - 1 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1st August 2022
and 30th January 2024 10,000
AMORTISATION
At 1st August 2022
and 30th January 2024 10,000
NET BOOK VALUE
At 30th January 2024 -
At 31st July 2022 -

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st August 2022
and 30th January 2024 4,491
DEPRECIATION
At 1st August 2022 2,554
Charge for period 1,270
At 30th January 2024 3,824
NET BOOK VALUE
At 30th January 2024 667
At 31st July 2022 1,937

NEXT LEVEL CONSULTING ASSOCIATES
LIMITED (REGISTERED NUMBER: 10595937)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1ST AUGUST 2022 TO 30TH JANUARY 2024


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2022
£    £   
Other debtors 9,997 -

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2022
£    £   
Bank loans and overdrafts 332 295
Trade creditors 816 860
Taxation and social security 4,079 -
Other creditors 3,900 10,661
9,127 11,816

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2022
£    £   
Bank loans 1,758 2,230

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more than 5 years
by instalment 463 972
463 972

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2022
£    £   
Bank loans 2,090 2,525

Bank loans are secured under the UK government Bounce Back loan scheme providing a full guarantee on the outstanding amount.

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At the balance sheet date the amount due to the company from the directors was £9,997. Interest has been charged on the loan advanced at the official HMRC rate and there are no repayment terms.

11. RELATED PARTY DISCLOSURES

All material related party transactions with owners holding a participating interest, companies in which the entity has a participating interest and directors were all concluded under normal market conditions.