Registered number
06439743
Nexium Solutions Ltd
Unaudited Filleted Accounts
31 March 2025
Nexium Solutions Ltd
Registered number: 06439743
Balance Sheet
as at 31 March 2025
Notes 2025 2024
£ £
Fixed assets
Tangible assets 3 527 604
Current assets
Debtors 4 12,588 7,472
Cash at bank and in hand 45,658 51,074
58,246 58,546
Creditors: amounts falling due within one year 5 (21,330) (24,408)
Net current assets 36,916 34,138
Net assets 37,443 34,742
Capital and reserves
Called up share capital 5 5
Profit and loss account 37,438 34,737
Shareholders' funds 37,443 34,742
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
G J Stockford
Director
Approved by the board on 22 May 2025
Nexium Solutions Ltd
Notes to the Accounts
for the year ended 31 March 2025
1 Accounting policies
Basis of preparation
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Turnover
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery 30% reducing balance
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.
2 Employees 2025 2024
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 April 2024 2,457
At 31 March 2025 2,457
Depreciation
At 1 April 2024 1,853
Charge for the year 77
At 31 March 2025 1,930
Net book value
At 31 March 2025 527
At 31 March 2024 604
4 Debtors 2025 2024
£ £
Trade debtors 12,588 7,167
Other debtors - 305
12,588 7,472
5 Creditors: amounts falling due within one year 2025 2024
£ £
Trade creditors 10,198 8,402
Other taxes and social security costs 6,017 10,892
Other creditors 5,115 5,114
21,330 24,408
6 Other information
Nexium Solutions Ltd is a private company limited by shares and incorporated in England. Its registered office is:
10 Hampden Road
Cowley
Oxford
Oxfordshire
OX4 3LW
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