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Registered number
12628866
Nexo Financial Services Ltd
Report and Unaudited Accounts
for the year ended
31 December 2023

Nexo Financial Services Ltd
Company Information



Directors
Mr K Kantchev
Mr A Trenchev




Registered Office
1 Canada Square Floor 39
Canary Wharf
London
E14 5AB
United Kingdom




Registered Number
12628866



Nexo Financial Services Ltd
Directors' Report

The directors submit the report and financial statements for the year ended 31 December 2023.

Directors
The directors shown below held office during the whole of the accounting period:

Mr K Kantchev

Mr A Trenchev

The report of the directors has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

This report was approved by the board on 24 September 2024.

..........................

Mr K Kantchev

Director


Nexo Financial Services Ltd
Profit and Loss Account
for the year ended 31 December 2023

Notes 2023
£		 2022
£
Turnover 0 0
Cost of sales (0) (0)
Gross profit 0 0
Administrative expenses (8,434) (7,920)
Operating profit/(loss) (8,434) (7,920)
Other operating income 893 792
Profit/(loss) on ordinary activities before taxation (7,541) (7,128)
Tax on ordinary activities (0) (0)
Profit/(loss) on ordinary activities after taxation (7,541) (7,128)
Retained earnings brought forward (31,152) (24,024)
Retained earnings carried forward (38,693) (31,152)

Nexo Financial Services Ltd
Balance Sheet
as at 31 December 2023
Notes
 2023
£		 2022
£
Called up share capital not paid 100 100
Current assets
Debtors 3 268 180
268 180
Creditors: amounts falling due within one year 4 (38,961) (31,332)
Net current assets / (liabilities) (38,693) (31,152)
Total assets less current liabilities (38,593) (31,052)
Provisions for liabilities (0) (0)
Total net assets (liabilities) (38,593) (31,052)
Capital and reserves
Called up share capital 5 100 100
Profit and loss account (38,693) (31,152)
Shareholders' funds (38,593) (31,052)

Nexo Financial Services Ltd
Balance Sheet
as at 31 December 2023



These accounts have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

For the year ending 31 December 2023 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Signed on behalf of the board of directors

...............................

Mr K Kantchev

Director


Approved by the board on 24 September 2024

Company Number: 12628866 (a Private Company Limited by Shares registered in England and Wales)

Registered Office:

1 Canada Square Floor 39
Canary Wharf
London
E14 5AB
United Kingdom

Nexo Financial Services Ltd
Notes to the Accounts
for the year ended 31 December 2023

1. Accounting policies

Basis of preparation of financial statements
These financial statements have been prepared under the historic cost convention in accordance with the accounting policies set out below and with section 1A of FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The presentation currency is sterling.
Going concern basis
These financial statements have not been prepared on a going concern basis, as the the Company filed for voluntary strike-off in May 2023.
2. Employees
2023 2022
Average number of employees during the period 0 1

3. Debtors
2023 2022
£ £
Other debtors 268 180
268 180

4. Creditors: amounts falling due within one year
2023 2022
£ £
Other creditors 38,961 31,332
38,961 31,332

5. Share capital
2023 2022
£ £
Allotted, called up and unpaid:
100 (2022: 100) Ordinary shares of £1.00 each 100 100
100 100

6. Post balance sheet events

The Company was dissolved on 24 September 2024.

Nexo Financial Services Ltd
Trading and Profit & Loss Account
For the year ended 31 December 2023
for the information of the Directors only

. . 2023
£		 . 2022
£
Sales
0 0
Cost of Sales
0 0
Administrative Expenses
Premise Costs
Rent of premises 5,760 5,760
5,760 5,760
General
Sundry expenses 1,805 163
1,805 163
Legal & Professional
Legal fees - 30
Accountancy fees 270 252
270 282
Finance Charges
Foreign exchange loss 599 1,715
599 1,715
8,434 7,920
Other Operating Income
Foreign exchange gain 893 792
893 792
.
Operating Profit (8,434) (7,920)