REGISTERED NUMBER: 11384893 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 May 2025

for

Nexus Works Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

J R Knight

Mrs S M Knight

REGISTERED OFFICE:

5 Broad Lane

Auckley

Doncaster

South Yorkshire

DN9 3FH

REGISTERED NUMBER:

11384893 (England and Wales)

ACCOUNTANTS:

ABC Accounting Services

1 Willoughton Place

Wharton Close

Gainsborough

Lincolnshire

DN21 1EB

FIXED ASSETS

Tangible assets

4

10,590

7,572

CURRENT ASSETS

Debtors

5

51,797

55,223

Cash at bank

183,882

178,928

235,679

234,151

CREDITORS

Amounts falling due within one year

6

31,330

32,771

NET CURRENT ASSETS

204,349

201,380

TOTAL ASSETS LESS CURRENT LIABILITIES

214,939

208,952

PROVISIONS FOR LIABILITIES

2,012

1,439

NET ASSETS

212,927

207,513

CAPITAL AND RESERVES

Called up share capital

10

10

Retained earnings

212,917

207,503

SHAREHOLDERS' FUNDS

212,927

207,513

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2025 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.

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 21 September 2025 and were signed on its behalf by:

J R Knight - Director

1.	STATUTORY INFORMATION

Nexus Works 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 represents amounts involved in respect of services rendered stated net of value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant & equipment

-

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.

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 3 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant &

Computer

equipment

equipment

Totals

£

£

£

COST

At 1 June 2024

4,641

31,737

36,378

Additions

-

10,605

10,605

At 31 May 2025

4,641

42,342

46,983

DEPRECIATION

At 1 June 2024

2,921

25,885

28,806

Charge for year

430

7,157

7,587

At 31 May 2025

3,351

33,042

36,393

NET BOOK VALUE

At 31 May 2025

1,290

9,300

10,590

At 31 May 2024

1,720

5,852

7,572

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Trade debtors

51,797

55,223

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Tax

2,690

3,109

VAT

18,837

9,928

Directors' current accounts

9,202

19,134

Accrued expenses

601

600

31,330

32,771

7.	RELATED PARTY DISCLOSURES

During the year, total dividends of £7,500 (2024 - £11,710) were paid to the directors .

8.	ULTIMATE CONTROLLING PARTY

The company is controlled by the directors.