| NXGEN Pro Ltd |
| Registered number: |
15940679 |
| Statement of Financial Position |
| as at 30 September 2025 |
|
| Notes |
|
|
2025 |
|
| £ |
|
| Fixed assets |
| Tangible assets |
3 |
|
|
374 |
|
| Current assets |
| Debtors |
4 |
|
12,690 |
| Cash at bank and in hand |
|
|
5,552 |
|
|
|
18,242 |
|
|
|
| Creditors: amounts falling due within one year |
5 |
|
(19,084) |
|
| Net current liabilities |
|
|
|
(842) |
|
|
| Net liabilities |
|
|
|
(468) |
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
50 |
| Profit and loss account |
|
|
|
(518) |
|
| Shareholder's funds |
|
|
|
(468) |
|
|
|
|
|
|
|
| The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The member has not required the company to obtain an audit in accordance with section 476 of the Act. |
| The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| Ian Michael Savage |
| Director |
| Approved by the board on 5 May 2026 |
|
| NXGEN Pro Ltd |
| Notes to the Accounts |
| for the period from 6 September 2024 to 30 September 2025 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102 Section 1a small entities, the financial reporting standard applicable in the UK and the Republic of Ireland.
|
|
|
Going concern |
|
The company had retained losses as at the balance sheet date which were not covered by the share capital of the company. The company is continuing to trade as the director of the company is funding the company in the form of a director’s loan. The director is planning to continue this financial support for the company for the foreseeable future. |
|
|
Turnover |
|
Turnover is measured at the fair value of the consideration received or receivable, net of discounts. Turnover includes revenue earned from the 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. |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
|
|
Plant and machinery |
25% reducing balance |
|
|
Debtors |
|
Short term debtors are measured at transaction price, less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. |
|
|
Creditors |
|
Short term creditors are measured at transaction price. Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
|
|
|
| 2 |
Employees and directors |
2025 |
|
| Number |
|
|
|
Average number of directors and persons employed by the company |
|
1 |
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Plant and machinery etc |
| £ |
|
Cost |
|
Additions |
499 |
|
At 30 September 2025 |
499 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
Charge for the period |
125 |
|
At 30 September 2025 |
125 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 30 September 2025 |
374 |
|
|
|
|
|
|
|
|
|
|
|
|
| 4 |
Debtors |
2025 |
|
| £ |
|
|
|
Trade debtors |
5,273 |
|
Prepayments |
425 |
|
Other debtors |
6,992 |
|
|
|
|
|
|
12,690 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due within one year |
2025 |
|
| £ |
|
|
|
Trade creditors |
1,873 |
|
Accruals |
1,748 |
|
Other taxes and social security costs |
812 |
|
Other creditors |
14,651 |
|
|
|
|
|
|
19,084 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Other information |
|
|
NXGEN Pro Ltd is a private company limited by shares and incorporated in England. Its registered office is: |
|
158 Clarence Road |
|
Fleet |
|
England |
|
GU51 3XR |