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Company Registration No. 11977038 (England and Wales)
NEXUS TERRA LIMITED Unaudited accounts for the period from 8 June 2023 to 31 May 2024
NEXUS TERRA LIMITED Unaudited accounts Contents
Page
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NEXUS TERRA LIMITED Company Information for the period from 8 June 2023 to 31 May 2024
Directors
Muazzam ALI Mikaeel DADA
Company Number
11977038 (England and Wales)
Registered Office
11977038 - COMPANIES HOUSE DEFAULT ADDRE CARDIFF CF14 8LH
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NEXUS TERRA LIMITED Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Called up share capital not paid
10 
10 
Fixed assets
Tangible assets
750 
1,000 
Current assets
Debtors
1,464,781 
250,000 
Cash at bank and in hand
786,466 
1,000 
2,251,247 
251,000 
Creditors: amounts falling due within one year
(725,099)
(225,100)
Net current assets
1,526,148 
25,900 
Total assets less current liabilities
1,526,908 
26,910 
Creditors: amounts falling due after more than one year
(15,000)
(15,000)
Net assets
1,511,908 
11,910 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
1,511,808 
11,810 
Shareholders' funds
1,511,908 
11,910 
For the period ending 31 May 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 5 January 2025 and were signed on its behalf by
Muazzam ALI Director Company Registration No. 11977038
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NEXUS TERRA LIMITED Notes to the Accounts for the period from 8 June 2023 to 31 May 2024
1
Statutory information
NEXUS TERRA LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11977038. The registered office is 11977038 - COMPANIES HOUSE DEFAULT ADDRE, CARDIFF, CF14 8LH.
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 period from 8 June 2023 to 31 May 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 June 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.
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 8 June 2023
1,000 
At 31 May 2024
1,000 
Depreciation
Charge for the period
250 
At 31 May 2024
250 
Net book value
At 31 May 2024
750 
At 7 June 2023
1,000 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
1,464,781 
250,000 
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NEXUS TERRA LIMITED Notes to the Accounts for the period from 8 June 2023 to 31 May 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
499,999 
- 
Loans from directors
225,100 
225,100 
725,099 
225,100 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Loans from directors
15,000 
15,000 
8
Average number of employees
During the period the average number of employees was 47 (2023: 47).
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