REGISTERED NUMBER: 12757803 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 July 2025

for

NXT Equity Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr A J Jenkinson

Miss A C Walch

SECRETARY:

Mrs S Jenkinson

REGISTERED OFFICE:

Unit 3.4, Trentside Business Village

Farndon Road

Newark

Nottinghamshire

NG24 4XB

REGISTERED NUMBER:

12757803 (England and Wales)

ACCOUNTANTS:

Wright Vigar Limited

Chartered Accountants & Business Advisers

Alexandra House

43 Alexandra St

Nottingham

Nottinghamshire

NG5 1AY

FIXED ASSETS

Tangible assets

4

906

1,006

Investments

5

296,000

230,500

296,906

231,506

CURRENT ASSETS

Debtors

6

21,163

38,552

Cash at bank

5,172

18

26,335

38,570

CREDITORS

Amounts falling due within one year

7

64,519

4,257

NET CURRENT (LIABILITIES)/ASSETS

(38,184

)

34,313

TOTAL ASSETS LESS CURRENT LIABILITIES

258,722

265,819

CAPITAL AND RESERVES

Called up share capital

100

100

Share premium

1,518,125

1,386,000

Revaluation reserve

8

50,445

50,445

Retained earnings

(1,309,948

)

(1,170,726

)

258,722

265,819

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 July 2026 and were signed on its behalf by:

Mr A J Jenkinson - Director

1.	STATUTORY INFORMATION

NXT Equity Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

The financial statements have been prepared in sterling which is the functional currency of the entity.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

10% on reducing balance

Investments in associates

Investments in associate undertakings are measured at their current market value.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 August 2024

and 31 July 2025

1,118

DEPRECIATION

At 1 August 2024

112

Charge for year

100

At 31 July 2025

212

NET BOOK VALUE

At 31 July 2025

906

At 31 July 2024

1,006

5.	FIXED ASSET INVESTMENTS

Interest

in

associate

£

COST OR VALUATION

At 1 August 2024

230,500

Additions

65,500

At 31 July 2025

296,000

NET BOOK VALUE

At 31 July 2025

296,000

At 31 July 2024

230,500

Cost or valuation at 31 July 2025 is represented by:

Interest

in

associate

£

Valuation in 2023

50,500

Valuation in 2024

180,000

Valuation in 2025

65,500

296,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

-

8,750

Other debtors

21,163

29,802

21,163

38,552

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Taxation and social security

22,629

2,263

Other creditors

41,890

1,994

64,519

4,257

8.

RESERVES

Revaluation

reserve

£

At 1 August 2024

and 31 July 2025

50,445