Company Registration No. 10686468 (England and Wales)
NXTGEN QUALITY LTD
Unaudited accounts
for the period from 1 April 2023 to 30 April 2024
NXTGEN QUALITY LTD
Unaudited accounts
Contents
NXTGEN QUALITY LTD
Company Information
for the period from 1 April 2023 to 30 April 2024
Company Number
10686468 (England and Wales)
Registered Office
99-101 Corporation Street
St. Helens
Merseyside
WA10 1SX
England
Accountants
MJ Houlihan & Co Accountants
99-101 Corporation Street
St Helens
WA10 1SX
NXTGEN QUALITY LTD
Statement of financial position
as at 30 April 2024
Tangible assets
49,212
50,617
Cash at bank and in hand
38,970
47,406
Creditors: amounts falling due within one year
(21,614)
(21,525)
Net current assets
31,625
46,454
Called up share capital
100
100
Profit and loss account
80,737
96,971
Shareholders' funds
80,837
97,071
For the period ending 30 April 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 17 December 2024 and were signed on its behalf by
Ian McCabe
Director
Company Registration No. 10686468
NXTGEN QUALITY LTD
Notes to the Accounts
for the period from 1 April 2023 to 30 April 2024
NXTGEN QUALITY LTD is a private company, limited by shares, registered in England and Wales, registration number 10686468. The registered office is 99-101 Corporation Street, St. Helens, Merseyside, WA10 1SX, England.
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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 period, 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:
Plant & machinery
5% straight line
Computer equipment
20% reducing balance
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Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2023
56,000
828
56,828
At 30 April 2024
56,000
2,626
58,626
At 1 April 2023
5,600
611
6,211
Charge for the period
2,800
403
3,203
At 30 April 2024
8,400
1,014
9,414
At 30 April 2024
47,600
1,612
49,212
At 31 March 2023
50,400
217
50,617
Amounts falling due within one year
Trade debtors
14,269
20,573
NXTGEN QUALITY LTD
Notes to the Accounts
for the period from 1 April 2023 to 30 April 2024
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Creditors: amounts falling due within one year
2024
2023
Taxes and social security
9,990
14,096
Other creditors
1,246
1,010
Loans from directors
-
326
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Average number of employees
During the period the average number of employees was 0 (2023: 0).