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Company Registration No. 08854010 (England and Wales)
NXT Recruitment Ltd Unaudited accounts for the year ended 31 January 2025
NXT Recruitment Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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NXT Recruitment Ltd Company Information for the year ended 31 January 2025
Directors
Jason James Hodgson Simon John Glencross
Company Number
08854010 (England and Wales)
Registered Office
MODVILLAGE MODVILAGE UNIT A1 BARON WAY, KINGMOOR BUSINESS PARK CARLISLE CUMBRIA CA6 4BU ENGLAND
Accountants
Angela Black FMAAT AB Accountancy Solutions Ltd 22a Finkle Street Workington Cumbria CA14 2BB
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NXT Recruitment Ltd Statement of financial position as at 31 January 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
6,615
9,399
Current assets
Debtors
5
173,596
92,192
Cash at bank and in hand
181,169
197,177
354,765
289,369
Creditors: amounts falling due within one year
6
(61,003)
(30,377)
Net current assets
293,762
258,992
Total assets less current liabilities
300,377
268,391
Creditors: amounts falling due after more than one year
7
(21,043)
(61,607)
Net assets
279,334
206,784
Capital and reserves
Called up share capital
8
100
100
Profit and loss account
279,234
206,684
Shareholders' funds
279,334
206,784
For the year ending 31 January 2025 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 directors acknowledge their 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 of Directors and authorised for issue on 20 October 2025 and were signed on its behalf by
Simon John Glencross Director Company Registration No. 08854010
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NXT Recruitment Ltd Notes to the Accounts for the year ended 31 January 2025
1
Statutory information
NXT Recruitment Ltd is a private company, limited by shares, registered in England and Wales, registration number 08854010. The registered office is MODVILLAGE MODVILAGE UNIT A1, BARON WAY, KINGMOOR BUSINESS PARK, CARLISLE, CUMBRIA, CA6 4BU, ENGLAND.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Fixtures & fittings
25% Straight Line
Computer equipment
25% Straight Line
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 February 2024
16,119
38,374
54,493
Additions
814
-
814
At 31 January 2025
16,933
38,374
55,307
Depreciation
At 1 February 2024
6,720
38,374
45,094
Charge for the year
3,598
-
3,598
At 31 January 2025
10,318
38,374
48,692
Net book value
At 31 January 2025
6,615
-
6,615
At 31 January 2024
9,399
-
9,399
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NXT Recruitment Ltd Notes to the Accounts for the year ended 31 January 2025
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
173,202
91,709
Accrued income and prepayments
394
483
173,596
92,192
6
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
30,433
5,557
Trade creditors
-
13
Taxes and social security
33,766
9,932
Other creditors
(3,196)
14,875
61,003
30,377
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
14,755
24,872
Loans from directors
6,288
36,735
21,043
61,607
8
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Loans to directors
Balance owing to Simon Glencross and Jason Hodgson £36,735
10
Average number of employees
During the year the average number of employees was 100 (2024: 100).
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