Company Registration No. 12766273 (England and Wales)
NXT INFOTECH LIMITED
Unaudited accounts
for the year ended 31 July 2024
NXT INFOTECH LIMITED
Unaudited accounts
Contents
NXT INFOTECH LIMITED
Company Information
for the year ended 31 July 2024
Company Number
12766273 (England and Wales)
Registered Office
207 ALTMORE AVENUE
LONDON
E6 2AD
ENGLAND
Accountants
Orb7 Limited
53 Peartree Drive,Farnworth,Bolton,Lanca
Manchester
Bolton
Lancashire
BL4 9RR
NXT INFOTECH LIMITED
Statement of financial position
as at 31 July 2024
Cash at bank and in hand
2,929
13,391
Creditors: amounts falling due within one year
(13,279)
(2,125)
Net current assets
1,651
18,840
Total assets less current liabilities
1,651
18,840
Creditors: amounts falling due after more than one year
(600)
(18,222)
Called up share capital
1
1
Profit and loss account
1,050
617
Shareholders' funds
1,051
618
For the year ending 31 July 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 her 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 18 April 2025 and were signed on its behalf by
Geetha DEVARAJ
Director
Company Registration No. 12766273
NXT INFOTECH LIMITED
Notes to the Accounts
for the year ended 31 July 2024
NXT INFOTECH LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12766273. The registered office is 207 ALTMORE AVENUE, LONDON, E6 2AD, ENGLAND.
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.
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.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Amounts falling due within one year
5
Creditors: amounts falling due within one year
2024
2023
NXT INFOTECH LIMITED
Notes to the Accounts
for the year ended 31 July 2024
6
Creditors: amounts falling due after more than one year
2024
2023
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).