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Company Registration No. 10924672 (England and Wales)
Nexus Home & Commercial Ltd Unaudited accounts for the year ended 31 August 2025
Nexus Home & Commercial Ltd Unaudited accounts Contents
Page
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Nexus Home & Commercial Ltd Company Information for the year ended 31 August 2025
Director
Michael Williams
Company Number
10924672 (England and Wales)
Registered Office
4th Floor 14 Museum Place City Centre Cardiff CF10 3BH United Kingdom
Accountants
Web Accounts Ltd Abernantglas Farm Glanamman Ammanford Carmarthenshire SA18 2YG
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Nexus Home & Commercial Ltd Statement of financial position as at 31 August 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
6,800 
8,282 
Current assets
Inventories
10,500 
37,000 
Debtors
9,380 
630 
Cash at bank and in hand
8,971 
13,051 
28,851 
50,681 
Creditors: amounts falling due within one year
(31,078)
(44,163)
Net current (liabilities)/assets
(2,227)
6,518 
Total assets less current liabilities
4,573 
14,800 
Creditors: amounts falling due after more than one year
(16,965)
(27,726)
Net liabilities
(12,392)
(12,926)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(12,393)
(12,927)
Shareholders' funds
(12,392)
(12,926)
For the year ending 31 August 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 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 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 and authorised for issue on 30 May 2026 and were signed on its behalf by
Michael Williams Director Company Registration No. 10924672
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Nexus Home & Commercial Ltd Notes to the Accounts for the year ended 31 August 2025
1
Statutory information
Nexus Home & Commercial Ltd is a private company, limited by shares, registered in England and Wales, registration number 10924672. The registered office is 4th Floor, 14 Museum Place, City Centre, Cardiff, CF10 3BH, United Kingdom.
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:
Plant & machinery
20% straight line
Motor vehicles
20% straight line
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 September 2024
9,898 
20,880 
1,655 
32,433 
Additions
784 
- 
- 
784 
At 31 August 2025
10,682 
20,880 
1,655 
33,217 
Depreciation
At 1 September 2024
6,828 
16,081 
1,242 
24,151 
Charge for the year
963 
1,200 
103 
2,266 
At 31 August 2025
7,791 
17,281 
1,345 
26,417 
Net book value
At 31 August 2025
2,891 
3,599 
310 
6,800 
At 31 August 2024
3,070 
4,799 
413 
8,282 
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Nexus Home & Commercial Ltd Notes to the Accounts for the year ended 31 August 2025
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
5,288 
- 
Other debtors
4,092 
630 
9,380 
630 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
4,001 
3,020 
VAT
2,357 
4,005 
Trade creditors
11,740 
9,311 
Taxes and social security
1,757 
2,318 
Other creditors
5,654 
21,238 
Loans from directors
3,619 
(229)
Accruals
1,950 
4,500 
31,078 
44,163 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
- 
6,040 
Other creditors
16,965 
21,686 
16,965 
27,726 
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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