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Registered number: 14631009









NEXTSTONE CAPITAL UK LIMITED









FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 DECEMBER 2023

 
NEXTSTONE CAPITAL UK LIMITED
REGISTERED NUMBER: 14631009

BALANCE SHEET
AS AT 31 DECEMBER 2023

2023
Note

  

Current assets
  

Debtors: amounts falling due within one year
 4 
5,211,000

Cash at bank and in hand
 5 
56,005

  
5,267,005

Creditors: amounts falling due within one year
 6 
(5,265,880)

Net current liabilities
  
 
 
1,125

Total assets less current liabilities
  
1,125

  

Net assets
  
1,125


Capital and reserves
  

Called up share capital 
 7 
1,125

Profit and loss account
 8 
-

  
1,125


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 statement of comprehensive income 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 on 11 June 2025.




D Azoute
Director

The notes on pages 3 to 6 form part of these financial statements.

Page 1

 
NEXTSTONE CAPITAL UK LIMITED
 

STATEMENT OF CHANGES IN EQUITY
FOR THE PERIOD ENDED 31 DECEMBER 2023


Called up share capital
Total equity


At 1 February 2023
-
-

Shares issued during the period
1,125
1,125


At 31 December 2023
1,125
1,125

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
NEXTSTONE CAPITAL UK LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

1.


General information

Nextstone Capital UK Limited is a private company, limited by shares, incorporated in England and Wales. The registered office address is, Unit 1a Europa Way, Britannia Enterprise Park, Lichfield, Staffordshire, England, WS14, 9TZ. The company registration number is 14631009.

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.

The financial statements cover that of Nexstone Capital UK Limited and do not include the results of any other entity.

The following principal accounting policies have been applied:

 
2.2

Going concern

The financial statements have been prepared on a going concern basis. The directors consider this to be suitable based on the Company's current trading levels and future prospects.

 
2.3

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is Euro and amounts in these financial statements are rounded to the nearest 1 Euro.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

  
2.4

Reporting period

The Company was incorporated on 1 February 2023. The financial statements cover the 10 month period from the date of incorporation to 31 December 2023. This is the first year financial statements have been prepared and therefore there are no comparatives.

Page 3

 
NEXTSTONE CAPITAL UK LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
2.5

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. 

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.6

Interest income

Interest income is recognised in the Statement of comprehensive income using the effective interest method.

 
2.7

Finance costs

Finance costs are charged to the Statement of comprehensive income over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.8

Debtors

Short-term debtors are measured at transaction price, less any impairment.

 
2.9

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.

 
2.10

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

  
2.11

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors.

Page 4

 
NEXTSTONE CAPITAL UK LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

  
2.12

Equity instruments

Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.


3.


Employees

The average monthly number of employees, including directors, during the period was 2.


4.


Debtors

2023


Trade debtors
5,000,000

Other debtors
211,000

5,211,000



5.


Cash and cash equivalents

2023

Cash at bank and in hand
56,005



6.


Creditors: Amounts falling due within one year

2023

Trade creditors
5,008,421

Other creditors
251,459

Accruals
6,000

5,265,880


Page 5

 
NEXTSTONE CAPITAL UK LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

7.


Share capital

2023
Authorised, allotted, called up and fully paid


1,000 Ordinary shares of £1 each
1,125


During the period the Company issued 1,000 Ordinary shares of £1 each with an aggregate nominal value of £1,000. The consideration received was equal to the aggregate nominal value.


8.


Reserves

Profit and loss account

This reserve records all current period retained profits and losses.


9.


Controlling party

The Company is controlled by Nextstone Capital SC, a company registered in France, which owns 100% of the issued share capital of Nextstone Capital UK Limited. The registered office address is 27 Rue De Lorraine, Paris, France, 75019.
The largest and smallest group in which results of the Company are consolidated is that headed by Nexstone Capital SC.
At the balance sheet date, the ultimate controlling party is D Azoute, by virtue of his shareholding in NextStone SAS.


10.


Auditors' information

The auditors' report on the financial statements for the period ended 31 December 2023 was unqualified.

The audit report was signed on 11 June 2025 by Stephen Newman (Senior statutory auditor) on behalf of PKF Smith Cooper Audit Limited.

 
Page 6