Nextgen Developments Ltd

(Registration number: 13081501)
Balance Sheet as at 31 December 2024

	2024 £	2023 £
Fixed assets	2,291,355	1,728,464
Current assets	136,923	80,568
Creditors: Amounts falling due within one year	(565,670)	(418,515)
Net current liabilities	(428,747)	(337,947)
Total assets less current liabilities	1,862,608	1,390,517
Creditors: Amounts falling due after more than one year	(1,726,268)	(1,310,806)
Accruals and deferred income	(1,920)	(3,360)
	134,420	76,351
Capital and reserves	134,420	76,351

1	General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
7 Richmond Terrace
Gateshead
Tyne And Wear
NE8 1RN
United Kingdom

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

2	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2023 - 1).

Nextgen Developments Ltd

(Registration number: 13081501)
Balance Sheet as at 31 December 2024

For the financial 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.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the micro entities regime and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 24 November 2025
 

......................................... Mr M Dunner Company secretary and director