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Registered number: 15785829
NEXUS ADDITIVE LTD
UNAUDITED
FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR
FOR THE PERIOD ENDED 30 JUNE 2025
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NEXUS ADDITIVE LTD
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF NEXUS ADDITIVE LTD
FOR THE PERIOD ENDED 30 JUNE 2025
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 Additive Ltd for the period ended 30 June 2025 which comprise the Statement of financial position 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 Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com /regulation.
This report is made solely to the Board of directors of Nexus Additive Ltd, as a body, in accordance with the terms of our engagement letter dated 30th April 2025. Our work has been undertaken solely to prepare for your approval the financial statements of Nexus Additive Ltd and state those matters that we have agreed to state to the Board of directors of Nexus Additive Ltd, as a body, in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Nexus Additive Ltd and its Board of directors, as a body, for our work or for this report.
It is your duty to ensure that Nexus Additive Ltd 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 loss of Nexus Additive Ltd. You consider that Nexus Additive Ltd is exempt from the statutory audit requirement for the period.
We have not been instructed to carry out an audit or review of the financial statements of Nexus Additive Ltd. 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.
McColes & Co (Herts) Ltd
Chartered Accountants
First Floor
28 Whitehorse Street
Baldock
Hertfordshire
SG7 6QQ
6 December 2025
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NEXUS ADDITIVE LTD
REGISTERED NUMBER: 15785829
STATEMENT OF FINANCIAL POSITION
AS AT 30 JUNE 2025
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Debtors: amounts falling due within one year
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Creditors: amounts falling due within one year
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Total assets less current liabilities
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Creditors: amounts falling due after more than one year
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Page 2
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NEXUS ADDITIVE LTD
REGISTERED NUMBER: 15785829
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 JUNE 2025
For the period ended 30 June 2025 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006.
Members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.
The financial statements were approved and authorised for issue by the board and were signed on its behalf on 10 November 2025.
The notes on pages 4 to 8 form part of these financial statements.
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NEXUS ADDITIVE LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2025
The Company is a private company, limited by shares and registered in England.
Its registered number is: 15785829
Its Registered Office is:
142 Bravington Road
London
W9 3AL
2.Accounting policies
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Basis of preparation of financial statements
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The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.
The presentational currency of the Company is GBP.
The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.
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Operating leases: the Company as lessee
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Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.
Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.
Defined contribution pension plan
The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.
The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of financial position. The assets of the plan are held separately from the Company in independently administered funds.
Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.
All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.
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NEXUS ADDITIVE LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2025
2.Accounting policies (continued)
Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.
Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the methods below.
Depreciation is provided on the following basis:
The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.
Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.
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Cash and cash equivalents
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Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.
Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
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NEXUS ADDITIVE LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2025
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Charge for the period on owned assets
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Charge for the period on owned assets
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Charge for the period on financed assets
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Page 6
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NEXUS ADDITIVE LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2025
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Cash and cash equivalents
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Creditors: Amounts falling due within one year
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Other taxation and social security
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Obligations under finance lease and hire purchase contracts
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Accruals and deferred income
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Creditors: Amounts falling due after more than one year
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Net obligations under finance leases and hire purchase contracts
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Page 7
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NEXUS ADDITIVE LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2025
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Hire purchase and finance leases
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Minimum lease payments under hire purchase fall due as follows:
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Allotted, called up and fully paid
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2,222,221 Ordinary shares of £0.0001- each
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841,608 Seed shares of £0.0001- each
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During the period under review 2,222,221 Ordinary shares were issued at a nominal value of £0.0001. The shares were issued with the following rights: Each ordinary share has full voting and dividend rights, and on a share sale or on a distribution of assets upon liquidation or a return of capital, the surplus assets of the company remaining after payment of its liabilities shall be distributed subject to the order of priority as detailed in the particulars for the series seed shares. The ordinary shares are not redeemable.
During the period under review 841,608 Seed shares were issued at a nominal value of £0.0001. The shares were issued with the following rights: Each seed share has full voting and dividend rights, and on a share sale or on a distribution of assets upon liquidation or a return of capital, the surplus assets of the company remaining after payment of its liabilities shall be distributed in the following order: first, one pound in aggregate for the entire class of the deferred shares; and second, 99.9% to holders of series seed shares (pro rata to the aggregate preference amounts of each such series seed shareholder); and 0.01% to the holders of the ordinary shares (pro rata to the number of such ordinary shares held), until the series seed shareholders have received an amount equal to their preference amount per series seed share; and the balance of the surplus assets shall be distributed 99.9% to the holders of ordinary shares on a pro rata basis to the number of ordinary shares held; and 0.01% to the holders of series seed shares on a pro rata basis to the number of series seed shares held. The series seed shares are not redeemable.
The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £875. Contributions totalling £0 were payable to the fund at the reporting date and are included in creditors.
Page 8
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