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REGISTERED NUMBER: 12463656 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2024

FOR

NEXUS CARE SERVICES LIMITED

NEXUS CARE SERVICES LIMITED (REGISTERED NUMBER: 12463656)






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




Page

Company Information 1

Chartered Certified Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


NEXUS CARE SERVICES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST DECEMBER 2024







DIRECTORS: J Court
S Burton
S Court
D Maynard
T Umera





REGISTERED OFFICE: 1C Mitre Court
38 Lichfield Road
Sutton Coldfield
West Midlands
B74 2LZ





REGISTERED NUMBER: 12463656 (England and Wales)





ACCOUNTANTS: French Ludlam & Co Limited
Mountfield House
661 High Street
Kingswinford
West Midlands
DY6 8AL

CHARTERED CERTIFIED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
NEXUS CARE SERVICES LIMITED

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Nexus Care Services Limited for the year ended 31st December 2024 which comprise the Income Statement, Other Comprehensive Income, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of Nexus Care Services Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Nexus Care Services Limited and state those matters that we have agreed to state to the Board of Directors of Nexus Care Services Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at
https://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/tf-163-jan-24.pdf.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Nexus Care Services Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Nexus Care Services Limited. You consider that Nexus Care Services Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Nexus Care Services Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






French Ludlam & Co Limited
Mountfield House
661 High Street
Kingswinford
West Midlands
DY6 8AL


12th May 2025

NEXUS CARE SERVICES LIMITED (REGISTERED NUMBER: 12463656)

BALANCE SHEET
31ST DECEMBER 2024

2024 2023
Notes £ £ £
FIXED ASSETS
Tangible assets 4 3,404 4,256
Investments 5 - 1,207
3,404 5,463

CURRENT ASSETS
Debtors 6 330,941 279,619
Cash at bank and in hand 243,300 180,051
574,241 459,670
CREDITORS
Amounts falling due within one year 7 247,040 238,126
NET CURRENT ASSETS 327,201 221,544
TOTAL ASSETS LESS CURRENT
LIABILITIES

330,605

227,007

PROVISIONS FOR LIABILITIES 734 867
NET ASSETS 329,871 226,140

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 329,771 226,040
SHAREHOLDERS' FUNDS 329,871 226,140

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st 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 CARE SERVICES LIMITED (REGISTERED NUMBER: 12463656)

BALANCE SHEET - continued
31ST 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 by the Board of Directors and authorised for issue on 12th May 2025 and were signed on its behalf by:





J Court - Director


NEXUS CARE SERVICES LIMITED (REGISTERED NUMBER: 12463656)

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

1. STATUTORY INFORMATION

Nexus Care Services Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance
Computer equipment - 33% on cost

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 108 (2023 - 97 ) .

NEXUS CARE SERVICES LIMITED (REGISTERED NUMBER: 12463656)

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£
COST
At 1st January 2024 21,162
Additions 2,037
At 31st December 2024 23,199
DEPRECIATION
At 1st January 2024 16,906
Charge for year 2,889
At 31st December 2024 19,795
NET BOOK VALUE
At 31st December 2024 3,404
At 31st December 2023 4,256

5. FIXED ASSET INVESTMENTS
Other
investments
£
COST
At 1st January 2024 1,207
Disposals (1,207 )
At 31st December 2024 -
NET BOOK VALUE
At 31st December 2024 -
At 31st December 2023 1,207

The fixed asset investment relates to the formation costs of a 100% subsidiary, Nexus Care Services, Inc. This company was incorporated in the United States of America and is subject to their laws and tax jurisdictions.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Trade debtors 100,542 94,640
Other debtors 230,399 184,979
330,941 279,619

NEXUS CARE SERVICES LIMITED (REGISTERED NUMBER: 12463656)

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

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Trade creditors 26,004 25,453
Taxation and social security 180,998 166,507
Other creditors 40,038 46,166
247,040 238,126

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£ £
Within one year 33,446 41,414
Between one and five years 28,627 62,074
62,073 103,488

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31st December 2024 and 31st December 2023:

2024 2023
£ £
J Court
Balance outstanding at start of year 95,596 47,653
Amounts advanced 128,221 47,943
Amounts repaid (45,395 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 178,422 95,596

T Umera
Balance outstanding at start of year - 2,500
Amounts repaid - (2,500 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - -

S Court
Balance outstanding at start of year - 1,000
Amounts repaid - (1,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - -

Beneficial loan interest has been paid at the effective rate of interest