Acorah Software Products - Accounts Production 16.1.300 false true 30 June 2023 1 July 2022 false 1 July 2023 30 June 2024 30 June 2024 06942993 Mr Chanaka Dabare Mrs Doris Debare iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06942993 2023-06-30 06942993 2024-06-30 06942993 2023-07-01 2024-06-30 06942993 frs-core:CurrentFinancialInstruments 2024-06-30 06942993 frs-core:ShareCapital 2024-06-30 06942993 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 06942993 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 06942993 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 06942993 frs-bus:SmallEntities 2023-07-01 2024-06-30 06942993 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 06942993 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 06942993 frs-bus:Director1 2023-07-01 2024-06-30 06942993 frs-bus:CompanySecretary1 2023-07-01 2024-06-30 06942993 frs-countries:EnglandWales 2023-07-01 2024-06-30 06942993 2022-06-30 06942993 2023-06-30 06942993 2022-07-01 2023-06-30 06942993 frs-core:CurrentFinancialInstruments 2023-06-30 06942993 frs-core:ShareCapital 2023-06-30 06942993 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30
Registered number: 06942993
Nexus Group Technologies Limited
Unaudited Financial Statements
For The Year Ended 30 June 2024
Bruce Allen LLP
Bruce Allen Llp Ground Floor Suite Crown House
40 North Street
Hornchurch
RM11 1EW
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2
Page 1
Balance Sheet
Registered number: 06942993
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 510,569 510,813
Cash at bank and in hand 588 357
511,157 511,170
Creditors: Amounts Falling Due Within One Year 5 (524,806 ) (524,302 )
NET CURRENT ASSETS (LIABILITIES) (13,649 ) (13,132 )
TOTAL ASSETS LESS CURRENT LIABILITIES (13,649 ) (13,132 )
NET LIABILITIES (13,649 ) (13,132 )
CAPITAL AND RESERVES
Called up share capital 6 1 1
Profit and Loss Account (13,650 ) (13,133 )
SHAREHOLDERS' FUNDS (13,649) (13,132)
For the year ending 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Chanaka Dabare
Director
28th March 2025
The notes on page 2 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Nexus Group Technologies Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06942993 . The registered office is Bruce Allen Llp Ground Floor Suite Crown House, 40 North Street, Hornchurch, RM11 1EW.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Debtors
2024 2023
£ £
Due within one year
Trade debtors 509,857 509,857
Other debtors 262 262
VAT 450 694
510,569 510,813
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 2,617 2,113
Corporation tax (321 ) (321 )
Other creditors 478,577 478,577
Accruals and deferred income 43,933 43,933
524,806 524,302
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
7. Related Party Transactions
At the year end £520,081 (2023 - £520,081) was owed by DCV Technologies Ltd.
In other debtors at the year end £262 (2023 - £262) was owed from Nexus Managed Solutions Ltd.
At the year end £2,112 (2023 - £2,112) was owed to DCV Technologies Ltd.
In other creditors at the year end £478,577 (2023 - £478,577) was owed to DCV Technologies Ltd, a company controlled by Mr PD Chanaka.
All the above transactions were carried out on normal commercial terms.
Page 2