Caseware UK (AP4) 2024.0.164 2024.0.164 2024-12-312024-12-312025-05-062024-01-01false21falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 14698419 2024-01-01 2024-12-31 14698419 2023-03-01 2023-12-31 14698419 2024-12-31 14698419 2023-12-31 14698419 c:Director2 2024-01-01 2024-12-31 14698419 d:CurrentFinancialInstruments 2024-12-31 14698419 d:CurrentFinancialInstruments 2023-12-31 14698419 d:Non-currentFinancialInstruments 2024-12-31 14698419 d:Non-currentFinancialInstruments 2023-12-31 14698419 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 14698419 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 14698419 d:Non-currentFinancialInstruments d:AfterOneYear 2024-12-31 14698419 d:Non-currentFinancialInstruments d:AfterOneYear 2023-12-31 14698419 d:ShareCapital 2024-12-31 14698419 d:ShareCapital 2023-12-31 14698419 d:RetainedEarningsAccumulatedLosses 2024-12-31 14698419 d:RetainedEarningsAccumulatedLosses 2023-12-31 14698419 c:OrdinaryShareClass1 2024-01-01 2024-12-31 14698419 c:OrdinaryShareClass1 2024-12-31 14698419 c:OrdinaryShareClass1 2023-12-31 14698419 c:FRS102 2024-01-01 2024-12-31 14698419 c:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 14698419 c:FullAccounts 2024-01-01 2024-12-31 14698419 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 14698419 d:WithinOneYear 2024-12-31 14698419 d:WithinOneYear 2023-12-31 14698419 d:BetweenOneFiveYears 2024-12-31 14698419 d:BetweenOneFiveYears 2023-12-31 14698419 e:PoundSterling 2024-01-01 2024-12-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 14698419









NEXT GEN DIAGNOSTICS UK LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2024

 
NEXT GEN DIAGNOSTICS UK LTD
REGISTERED NUMBER: 14698419

BALANCE SHEET
AS AT 31 DECEMBER 2024

2024
2023
Note
£
£

  

CURRENT ASSETS
  

Debtors: amounts falling due within one year
 4 
27,392
22,402

Cash at bank and in hand
  
5,467
4,549

  
32,859
26,951

Creditors: amounts falling due within one year
 5 
(3,510)
(65,269)

NET CURRENT ASSETS/(LIABILITIES)
  
 
 
29,349
 
 
(38,318)

TOTAL ASSETS LESS CURRENT LIABILITIES
  
29,349
(38,318)

Creditors: amounts falling due after more than one year
 6 
(338,848)
-

NET LIABILITIES
  
(309,499)
(38,318)


CAPITAL AND RESERVES
  

Called up share capital 
 7 
1,000
1,000

Profit and loss account
  
(310,499)
(39,318)

  
(309,499)
(38,318)


Page 1

 
NEXT GEN DIAGNOSTICS UK LTD
REGISTERED NUMBER: 14698419
    
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 year 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 profit and loss account 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: 




E Bragin
Director

Date: 6 May 2025

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
NEXT GEN DIAGNOSTICS UK LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1.


GENERAL INFORMATION

Next Gen Diagnostics UK Ltd is a private Company limited by shares and incorporated in England and Wales. Its registered office is C/O Cms Cameron Mckenna Olswang LLP, Cannon Place, 78 Cannon Street, London, EC4N 6AF.

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

GOING CONCERN

The Company incurred a loss for the financial year and had net liabilities of £309,499 as at 31 December 2024 (2023 - £38,318). The financial statements are prepared on the going concern basis on the assumption that the Company will continue to receive financial support from its shareholders to provide funds to enable it to meet its liabilities as they fall due.

 
2.3

OPERATING LEASES: THE COMPANY AS LESSEE

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

 
2.4

PENSIONS

DEFINED CONTRIBUTION PENSION PLAN

The Company operates 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.

 
2.5

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 3

 
NEXT GEN DIAGNOSTICS UK LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

2.ACCOUNTING POLICIES (CONTINUED)

 
2.6

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.

 
2.7

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.

 
2.8

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.


3.


EMPLOYEES

The average monthly number of employees, including directors, during the year was 2 (2023 - 1).







4.


DEBTORS

2024
2023
£
£


Other debtors
22,402
22,402

Prepayments and accrued income
4,990
-

27,392
22,402



5.


CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024
2023
£
£

Amounts owed to group undertakings
-
61,969

Accruals and deferred income
3,510
3,300

3,510
65,269


Page 4

 
NEXT GEN DIAGNOSTICS UK LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

6.


CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024
2023
£
£

Amounts owed to group undertakings
338,848
-



7.


SHARE CAPITAL

2024
2023
£
£
ALLOTTED, CALLED UP AND FULLY PAID



1,000 (2023 - 1,000) Ordinary shares of £1.00 each
1,000
1,000



8.


COMMITMENTS UNDER OPERATING LEASES

At 31 December 2024 the Company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:

2024
2023
£
£


Not later than 1 year
37,336
37,336

Later than 1 year and not later than 5 years
74,672
112,008

112,008
149,344

The parent company, Next Gen Diagnostics LLC, is guarantor of the full lease commitment.

 
Page 5