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REGISTERED NUMBER: 08212608 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

NEXUS FIRE AND SECURITY LTD

NEXUS FIRE AND SECURITY LTD (REGISTERED NUMBER: 08212608)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


NEXUS FIRE AND SECURITY LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







DIRECTORS: Mr C Bray
Mr J L Cundy





REGISTERED OFFICE: Unit 6a
The Briars
Waterberry Drive
Waterlooville
Hampshire
PO7 7YH





REGISTERED NUMBER: 08212608 (England and Wales)





ACCOUNTANTS: Gibson Whitter
Chartered Accountants
and Chartered Tax Advisers
Larch House
Parklands Business Park
Denmead
Hampshire
PO7 6XP

NEXUS FIRE AND SECURITY LTD (REGISTERED NUMBER: 08212608)

BALANCE SHEET
31 DECEMBER 2024

31.12.24 31.12.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 62,194 80,950

CURRENT ASSETS
Stocks 6,850 7,010
Debtors 5 170,166 158,351
Cash at bank 741,153 657,489
918,169 822,850
CREDITORS
Amounts falling due within one year 6 334,264 325,916
NET CURRENT ASSETS 583,905 496,934
TOTAL ASSETS LESS CURRENT
LIABILITIES

646,099

577,884

PROVISIONS FOR LIABILITIES 7 15,277 19,949
NET ASSETS 630,822 557,935

CAPITAL AND RESERVES
Called up share capital 2 2
Capital redemption reserve 1 1
Retained earnings 630,819 557,932
SHAREHOLDERS' FUNDS 630,822 557,935

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

NEXUS FIRE AND SECURITY LTD (REGISTERED NUMBER: 08212608)

BALANCE SHEET - continued
31 DECEMBER 2024


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 and authorised for issue by the Board of Directors and authorised for issue on 22 May 2025 and were signed on its behalf by:




Mr C Bray - Director



Mr J L Cundy - Director


NEXUS FIRE AND SECURITY LTD (REGISTERED NUMBER: 08212608)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1. STATUTORY INFORMATION

Nexus Fire And Security 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Maintenance contact income is recognised over the period to which the contract relates.

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 cost and 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Stock is valued on a first in first out basis.

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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

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.

NEXUS FIRE AND SECURITY LTD (REGISTERED NUMBER: 08212608)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2023 - 13 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2024 148,895
Additions 1,962
At 31 December 2024 150,857
DEPRECIATION
At 1 January 2024 67,945
Charge for year 20,718
At 31 December 2024 88,663
NET BOOK VALUE
At 31 December 2024 62,194
At 31 December 2023 80,950

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade debtors 144,711 140,546
Other debtors 25,455 17,805
170,166 158,351

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade creditors 36,735 33,505
Taxation and social security 147,779 149,844
Other creditors 149,750 142,567
334,264 325,916

7. PROVISIONS FOR LIABILITIES
31.12.24 31.12.23
£    £   
Deferred tax 15,277 19,949

Deferred
tax
£   
Balance at 1 January 2024 19,949
Utilised during year (4,672 )
Balance at 31 December 2024 15,277

NEXUS FIRE AND SECURITY LTD (REGISTERED NUMBER: 08212608)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

8. RELATED PARTY DISCLOSURES

The aggregate amounts owed to directors at the balance sheet date is £1,062 (31.12.23: £664).

9. ULTIMATE CONTROLLING PARTY

There is no ultimate controlling party at the balance sheet date as no one individual has a greater than 50% shareholding.