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REGISTERED NUMBER: 11939278 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

NEXTS STEP SUPPORT LTD

NEXTS STEP SUPPORT LTD (REGISTERED NUMBER: 11939278)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 December 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


NEXTS STEP SUPPORT LTD

COMPANY INFORMATION
for the Year Ended 31 December 2023







DIRECTOR: R M Khodabux





REGISTERED OFFICE: Langley House
Park Road
London
N2 8EY





REGISTERED NUMBER: 11939278 (England and Wales)





ACCOUNTANTS: Accura Accountants Ltd
Langley House
Park Road
East Finchley
London
N2 8EY

NEXTS STEP SUPPORT LTD (REGISTERED NUMBER: 11939278)

STATEMENT OF FINANCIAL POSITION
31 December 2023

31.12.23 31.12.22
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 - 128,043

CURRENT ASSETS
Debtors 5 371,408 434,682
Cash at bank and in hand - 87,782
371,408 522,464
CREDITORS
Amounts falling due within one year 6 3,583 201,401
NET CURRENT ASSETS 367,825 321,063
TOTAL ASSETS LESS CURRENT
LIABILITIES

367,825

449,106

PROVISIONS FOR LIABILITIES - 16,476
NET ASSETS 367,825 432,630

CAPITAL AND RESERVES
Called up share capital 500 500
Retained earnings 367,325 432,130
SHAREHOLDERS' FUNDS 367,825 432,630

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 April 2025 and were signed by:




R M Khodabux - Director


NEXTS STEP SUPPORT LTD (REGISTERED NUMBER: 11939278)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Nexts Step Support Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents net invoiced sales of services and is recognised once the service is provided.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on reducing balance, 25% on reducing balance and Amortised on a straight line basis

Financial instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at present value of the future cash flows and subsequently amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Comprehensive Income.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

NEXTS STEP SUPPORT LTD (REGISTERED NUMBER: 11939278)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 December 2023

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Impairment of assets
A review of indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversals at each reporting date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - 40 ).

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 January 2023 3,176 235,843 239,019
Disposals (3,176 ) (235,843 ) (239,019 )
At 31 December 2023 - - -
DEPRECIATION
At 1 January 2023 318 110,658 110,976
Charge for year 317 26,619 26,936
Eliminated on disposal (635 ) (137,277 ) (137,912 )
At 31 December 2023 - - -
NET BOOK VALUE
At 31 December 2023 - - -
At 31 December 2022 2,858 125,185 128,043

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors - 36,752
Other debtors 371,408 397,930
371,408 434,682

Included in other debtors due within one year are prepayments and accrued income of £nil (2022: £65,530)

NEXTS STEP SUPPORT LTD (REGISTERED NUMBER: 11939278)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 December 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Bank loans and overdrafts 44 -
Trade creditors 420 -
Taxation and social security - 9,522
Other creditors 3,119 191,879
3,583 201,401

Included in other creditors due within one year are accrued expenses and deferred income of £3,120 (2022: £3,120).

7. SECURED DEBTS

There is a fixed and floating charge over all property or undertakings of the company.

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2023 and 31 December 2022:

31.12.23 31.12.22
£    £   
R M Khodabux
Balance outstanding at start of year 76,400 (98 )
Amounts advanced - 76,498
Amounts repaid (76,400 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 76,400

Included within amount advanced to director is an interest of £nil (2022: £1,498), charged against outstanding balance at HMRC prescribed rates. The overdrawn loan balance is repayable on demand and personally guaranteed by the director.