NXG.T LTD

Company Registration Number:
09696889 (England and Wales)

Unaudited statutory accounts for the year ended 31 July 2024

Period of accounts

Start date: 01 August 2023

End date: 31 July 2024

NXG.T LTD

Contents of the Financial Statements

for the Period Ended 31 July 2024

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

NXG.T LTD

Company Information

for the Period Ended 31 July 2024




Director: Asif Patel
Zahir Sufi
Registered office: Office 10
Egyptian Mill
Egyptian Street
Bolton
England
BL1 2HS
Company Registration Number: 09696889 (England and Wales)

NXG.T LTD

Balance sheet

As at 31 July 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 475 579
Total fixed assets: 475 579
Current assets
Stocks: 55,380 68,240
Debtors: 5 10,584 3,414
Cash at bank and in hand: 8,346 3,789
Total current assets: 74,310 75,443
Creditors: amounts falling due within one year: 6 ( 36,990 ) ( 29,022 )
Net current assets (liabilities): 37,320 46,421
Total assets less current liabilities: 37,795 47,000
Creditors: amounts falling due after more than one year: 7 ( 55,634 ) ( 50,197 )
Total net assets (liabilities): ( 17,839 ) ( 3,197 )

The notes form part of these financial statements

NXG.T LTD

Balance sheet continued

As at 31 July 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: ( 17,939 ) ( 3,297 )
Shareholders funds: ( 17,839 ) ( 3,197 )

For the year ending 31 July 2024 the company was entitled to exemption 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.

This report was approved by the board of directors on 3 April 2025
And Signed On Behalf Of The Board By:

Name: Asif Patel
Status: Director

The notes form part of these financial statements

NXG.T LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

NXG.T LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 1 1

NXG.T LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 3. Off balance sheet disclosure

    No

NXG.T LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

4. Tangible assets

Fixtures & fittings Total
Cost £ £
At 01 August 2023 2,850 2,850
Additions - -
Disposals - -
Revaluations - -
Transfers - -
At 31 July 2024 2,850 2,850
Depreciation
At 01 August 2023 2,271 2,271
Charge for year 104 104
On disposals - -
Other adjustments - -
At 31 July 2024 2,375 2,375
Net book value
At 31 July 2024 475 475
At 31 July 2023 579 579

NXG.T LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

5. Debtors


2024
£

2023
£
Trade debtors 2,897 1,114
Prepayments and accrued income 1,279 2,300
Other debtors 6,408
Total 10,584 3,414

NXG.T LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

6.Creditors: amounts falling due within one year note


2024
£

2023
£
Bank loans and overdrafts 10,648
Trade creditors 25,050 26,294
Taxation and social security 1,292 2,728
Total 36,990 29,022

NXG.T LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

7.Creditors: amounts falling due after more than one year


2024
£

2023
£
Bank loans and overdrafts 8,316 28,964
Other creditors 47,318 21,233
Total 55,634 50,197