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Next Labz Ltd Unaudited accounts Contents
Page
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Next Labz Ltd Company Information for the year ended 31 May 2024
Directors
Stefano Moruzzi Bucher Karim Bouadim
Company Number
13389640 (England and Wales)
Registered Office
Flat 8 48 Petherton Road London N5 2RG
Accountants
TFA Accountants Limited Arena Business Centre Holyrood Close Poole Dorset BH17 7FJ
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Next Labz Ltd Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
105,250 
52,784 
Current assets
Cash at bank and in hand
816 
86 
Creditors: amounts falling due within one year
(68,578)
(67,100)
Net current liabilities
(67,762)
(67,014)
Net assets/(liabilities)
37,488 
(14,230)
Capital and reserves
Called up share capital
1 
1 
Revaluation reserve
38,046 
- 
Profit and loss account
(559)
(14,231)
Shareholders' funds
37,488 
(14,230)
For the year 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 11 February 2025 and were signed on its behalf by
Stefano Moruzzi Bucher Director Company Registration No. 13389640
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Next Labz Ltd Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
Next Labz Ltd is a private company, limited by shares, registered in England and Wales, registration number 13389640. The registered office is Flat 8, 48 Petherton Road, London, N5 2RG.
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
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.
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.
Intangible fixed assets
Intangible fixed assets are included at their revalued amount at the end of the year.
4
Intangible fixed assets
Total 
£ 
Cost
At 1 June 2023
52,784 
Additions
478 
Revaluations
51,988 
At 31 May 2024
105,250 
Amortisation
At 1 June 2023
- 
At 31 May 2024
- 
Net book value
At 31 May 2024
105,250 
At 31 May 2023
52,784 
5
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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