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Company Registration No. 15905532 (England and Wales)
Nexus Executive Cars Ltd Unaudited accounts for the period from 19 August 2024 to 31 August 2025
Nexus Executive Cars Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Nexus Executive Cars Ltd Company Information for the period from 19 August 2024 to 31 August 2025
Director
Qumar Ullah
Company Number
15905532 (England and Wales)
Registered Office
16 King Georges Avenue Watford Hertfordshire WD18 7QD England
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Nexus Executive Cars Ltd Statement of financial position as at 31 August 2025
2025
Notes
£
Fixed assets
Tangible assets
4
59,112
Current assets
Cash at bank and in hand
316
Creditors: amounts falling due within one year
5
(900)
Net current liabilities
(584)
Total assets less current liabilities
58,528
Creditors: amounts falling due after more than one year
6
(38,216)
Net assets
20,312
Capital and reserves
Profit and loss account
20,312
Shareholders' funds
20,312
For the period 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 3 August 2026 and were signed on its behalf by
Qumar Ullah Director Company Registration No. 15905532
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Nexus Executive Cars Ltd Notes to the Accounts for the period from 19 August 2024 to 31 August 2025
1
Statutory information
Nexus Executive Cars Ltd is a private company, limited by shares, registered in England and Wales, registration number 15905532. The registered office is 16 King Georges Avenue, Watford, Hertfordshire, WD18 7QD, England.
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 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:
Motor vehicles
20%
4
Tangible fixed assets
Motor vehicles
£
Cost or valuation
At cost
At 19 August 2024
-
Additions
73,890
At 31 August 2025
73,890
Depreciation
Charge for the period
14,778
At 31 August 2025
14,778
Net book value
At 31 August 2025
59,112
5
Creditors: amounts falling due within one year
2025
£
Trade creditors
900
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Nexus Executive Cars Ltd Notes to the Accounts for the period from 19 August 2024 to 31 August 2025
6
Creditors: amounts falling due after more than one year
2025
£
Obligations under finance leases and hire purchase contracts
47,666
Loans from directors
(9,450)
38,216
7
Average number of employees
During the period the average number of employees was 0.
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