Nexus Alpha Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 02941132

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		53,839		63,019

			53,839		63,019
CURRENT ASSETS
Debtors	5	3,321,658		3,312,559
Cash at bank and in hand		1,844,514		1,537,509

		5,166,172		4,850,068
Creditors: Amounts Falling Due Within One Year	6	(517,861 )		(419,585 )

NET CURRENT ASSETS (LIABILITIES)			4,648,311		4,430,483

TOTAL ASSETS LESS CURRENT LIABILITIES			4,702,150		4,493,502

NET ASSETS			4,702,150		4,493,502

CAPITAL AND RESERVES
Called up share capital	7		20,000		20,000
Capital redemption reserve			(1,415,720 )		(1,415,720 )
Profit and Loss Account			6,097,870		5,889,222

SHAREHOLDERS' FUNDS			4,702,150		4,493,502

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Nexus Alpha Limited

Balance Sheet (continued)

As At 31 December 2024

For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Patrick McDougall

Director

22/09/2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Nexus Alpha Limited is a private company, limited by shares, incorporated in England & Wales, registered number 02941132 . The registered office is Streathbourne House, Redehall Road, Smallfield, Surrey, RH6 9QA.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	20% WDV
Motor Vehicles	25% WDV
Fixtures & Fittings	25% WDV
Computer Equipment	25% SL

2.4. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 40 (2023: 41)

4. Tangible Assets

	Fixtures & Fittings	Computer Equipment	Total
	£	£	£
Cost
As at 1 January 2024	24,005	366,905	390,910
Additions	-	24,699	24,699

As at 31 December 2024	24,005	391,604	415,609

Depreciation
As at 1 January 2024	23,854	304,037	327,891
Provided during the period	-	33,879	33,879

As at 31 December 2024	23,854	337,916	361,770

...CONTINUED

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Nexus Alpha Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

Net Book Value
As at 31 December 2024	151	53,688	53,839

As at 1 January 2024	151	62,868	63,019

5. Debtors

	2024	2023
	£	£
Due within one year
Trade debtors	503,436	499,148
Prepayments and accrued income	37,828	35,163
Other debtors	3,149	3,149
Corporation tax recoverable assets	157,990	157,990
Amounts owed by group undertakings	889,721	1,027,057

	1,592,124	1,722,507
Due after more than one year
Amounts owed by group undertakings	1,729,534	1,590,052

	3,321,658	3,312,559

6. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Trade creditors	178,390	85,951
Other taxes and social security	127,431	86,194
VAT	1,354	126,662
Other creditors	4,394	6,068
Accruals and deferred income	206,292	114,710

	517,861	419,585

7. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	20,000	20,000

8. Dividends

	2024	2023
	£	£
On equity shares:
Final dividend paid	602,020	434,240

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