Caseware UK (AP4) 2024.0.164 2024.0.164 2024-12-312024-12-31152024-01-01falseTemporary employment agency activities46truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 03689965 2024-01-01 2024-12-31 03689965 2024-12-31 03689965 2023-01-01 2023-12-31 03689965 2023-12-31 03689965 2023-01-01 03689965 c:Director4 2024-01-01 2024-12-31 03689965 d:FurnitureFittings 2024-01-01 2024-12-31 03689965 d:FurnitureFittings 2024-12-31 03689965 d:FurnitureFittings 2023-12-31 03689965 d:FurnitureFittings d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 03689965 d:CurrentFinancialInstruments 2024-12-31 03689965 d:CurrentFinancialInstruments 2023-12-31 03689965 d:ShareCapital 2024-01-01 2024-12-31 03689965 d:ShareCapital 2024-12-31 03689965 d:ShareCapital 2023-01-01 2023-12-31 03689965 d:ShareCapital 2023-12-31 03689965 d:ShareCapital 2023-01-01 03689965 d:CapitalRedemptionReserve 2024-01-01 2024-12-31 03689965 d:CapitalRedemptionReserve 2024-12-31 03689965 d:CapitalRedemptionReserve 2023-01-01 2023-12-31 03689965 d:CapitalRedemptionReserve 2023-12-31 03689965 d:CapitalRedemptionReserve 2023-01-01 03689965 d:RetainedEarningsAccumulatedLosses 2024-01-01 2024-12-31 03689965 d:RetainedEarningsAccumulatedLosses 2024-12-31 03689965 d:RetainedEarningsAccumulatedLosses 2023-01-01 2023-12-31 03689965 d:RetainedEarningsAccumulatedLosses 2023-12-31 03689965 d:RetainedEarningsAccumulatedLosses 2023-01-01 03689965 c:FRS102 2024-01-01 2024-12-31 03689965 c:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 03689965 c:FullAccounts 2024-01-01 2024-12-31 03689965 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 03689965 2 2024-01-01 2024-12-31 03689965 e:PoundSterling 2024-01-01 2024-12-31 iso4217:GBP xbrli:pure
Registered number: 03689965

NEXERE CONSULTING LIMITED








UNAUDITED

PAGES FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 DECEMBER 2024

 
NEXERE CONSULTING LIMITED
REGISTERED NUMBER: 03689965

BALANCE SHEET
AS AT 31 DECEMBER 2024

2024
2023
                                                                     Note
£
£

  

Fixed assets
  

Tangible assets
 4 
25,572
87,982

  
25,572
87,982

Current assets
  

Debtors: amounts falling due within one year
 5 
1,059,955
1,758,054

Cash at bank and in hand
 6 
132,960
16,013

  
1,192,915
1,774,067

Creditors: amounts falling due within one year
 7 
(748,313)
(1,823,458)

Net current assets/(liabilities)
  
 
 
444,602
 
 
(49,391)

Total assets less current liabilities
  
470,174
38,591

  

  

  

Net assets excluding pension asset
  
470,174
38,591

Net assets
  
470,174
38,591


Capital and reserves
  

Called up share capital 
  
350
350

Capital redemption reserve
  
50
50

Profit and loss account
  
469,774
38,191

  
470,174
38,591


Page 1

 
NEXERE CONSULTING LIMITED
REGISTERED NUMBER: 03689965
    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 





S Blake
Director
Date: 18 March 2025

The notes on pages 4 to 8 form part of these financial statements.

Page 2

 
NEXERE CONSULTING LIMITED
 

STATEMENT OF CHANGES IN EQUITY
FOR THE PERIOD ENDED 31 DECEMBER 2024


Called up share capital
Capital redemption reserve
Profit and loss account
Total equity

£
£
£
£


At 1 January 2023
350
50
801,240
801,640


Comprehensive income for the year

Loss for the year
-
-
(643,049)
(643,049)


Other comprehensive income for the year
-
-
-
-


Total comprehensive income for the year
-
-
(643,049)
(643,049)


Contributions by and distributions to owners

Dividends: Equity capital
-
-
(120,000)
(120,000)


Total transactions with owners
-
-
(120,000)
(120,000)



At 1 January 2024
350
50
38,191
38,591


Comprehensive income for the period

Profit for the period
-
-
431,583
431,583


Other comprehensive income for the period
-
-
-
-


Total comprehensive income for the period
-
-
431,583
431,583


Total transactions with owners
-
-
-
-


At 31 December 2024
350
50
469,774
470,174


The notes on pages 4 to 8 form part of these financial statements.

Page 3

 
NEXERE CONSULTING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2024

1.


General information

Nexere Consulting Limited is a private company, limited by shares, domiciled in England and Wales, registration number 03689965. The registered office is West Wing, The Hop Exchange, 24 Southwark Street, London SE1 1TY.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Statement of comprehensive income within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

Page 4

 
NEXERE CONSULTING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.5

Pensions

Defined contribution pension plan

The Company contributes into a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.6

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.


Page 5

 
NEXERE CONSULTING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

 
2.7

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Fixtures & fittings
-
33% straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.8

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.9

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Page 6

 
NEXERE CONSULTING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

 
2.10

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.11

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the period was 15 (2023 - 46).


4.


Tangible fixed assets





Fixtures & fittings

£



Cost or valuation


At 1 January 2024
477,008



At 31 December 2024

477,008



Depreciation


At 1 January 2024
389,026


Charge for the period on owned assets
62,410



At 31 December 2024

451,436



Net book value



At 31 December 2024
25,572



At 31 December 2023
87,982

Page 7

 
NEXERE CONSULTING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2024

5.


Debtors

2024
2023
£
£


Trade debtors
868,514
1,544,226

Other debtors
164,993
144,012

Prepayments and accrued income
26,448
69,816

1,059,955
1,758,054



6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
132,960
16,013

132,960
16,013



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
87,180
147,419

Corporation tax
168,780
34,588

Other taxation and social security
15,896
144,788

Other creditors
372,032
1,140,641

Accruals and deferred income
104,425
356,022

748,313
1,823,458


Included within other creditors is an amount of £370,893 from RBS Invoice Finance Limited (2023 - £1,084,711) secured against gross factored trade debtors at the year end.


8.


Related party transactions

At the balance sheet date Nexere Consulting Limited was owed the following amounts from companies under common control: 
Social Work First Limited owed £NIL (2023 - £920) to Nexere Consulting Limited.
Candy Healthcare Limited owed £31,876 (2023 - £29,402) to Nexere Consulting Limited.

 
Page 8