Company Registration No. 12879906 (England and Wales)
Next Phase Group Limited
Unaudited accounts
for the year ended 30 September 2024
Next Phase Group Limited
Unaudited accounts
Contents
Next Phase Group Limited
Company Information
for the year ended 30 September 2024
Director
Aydan Ahmed ZEKRIE
Company Number
12879906 (England and Wales)
Next Phase Group Limited
Statement of financial position
as at 30 September 2024
Tangible assets
21,380
5,073
Cash at bank and in hand
(4,083)
6,579
Creditors: amounts falling due within one year
(44,552)
(16,750)
Net current liabilities
(46,220)
(2,624)
Total assets less current liabilities
(24,840)
2,449
Creditors: amounts falling due after more than one year
(16,426)
-
Net (liabilities)/assets
(41,266)
2,449
Called up share capital
1
1
Profit and loss account
(41,267)
2,448
Shareholders' funds
(41,266)
2,449
For the year ending 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 27 June 2025 and were signed on its behalf by
Aydan Ahmed ZEKRIE
Director
Company Registration No. 12879906
Next Phase Group Limited
Notes to the Accounts
for the year ended 30 September 2024
Next Phase Group Limited is a private company, limited by shares, registered in England and Wales, registration number 12879906.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Other tangible fixed assets
18%
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 October 2023
11,000
-
11,000
At 30 September 2024
11,000
21,000
32,000
At 1 October 2023
5,927
-
5,927
Charge for the year
913
3,780
4,693
At 30 September 2024
6,840
3,780
10,620
At 30 September 2024
4,160
17,220
21,380
At 30 September 2023
5,073
-
5,073
Next Phase Group Limited
Notes to the Accounts
for the year ended 30 September 2024
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
-
522
Loans from directors
38,060
11,987
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
16,426
-
8
Average number of employees
During the year the average number of employees was 2 (2023: 1).