NEXGEN RESEARCH LTD

Company Registration Number:
15655422 (England and Wales)

Unaudited statutory accounts for the year ended 30 April 2026

Period of accounts

Start date: 1 May 2025

End date: 30 April 2026

NEXGEN RESEARCH LTD

Contents of the Financial Statements

for the Period Ended 30 April 2026

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

NEXGEN RESEARCH LTD

Directors' report period ended 30 April 2026

The directors present their report with the financial statements of the company for the period ended 30 April 2026

Principal activities of the company

The principal activity of the Company during the reporting period was the provision of management consultancy services other than financial management (SIC code 70229). The Company's activities included strategic and management advisory services, operational improvement and business process consulting, project management and implementation advisory, and business research, analysis and reporting.

Additional information

During the reporting period, the Company generated turnover of £89,705 and profit after taxation of £3,568. No dividends were paid during the period. At 30 April 2026, the Company had total net assets of £90,998, cash at bank and in hand of £45,000, and current assets of £266,000. The Company is exposed to financial, operational, customer demand, project delivery, cost, credit and liquidity risks. The Director monitors customer receipts, project expenditure, cash resources, taxation liabilities, long-term financing and other operating commitments. The Director considers that the Company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, the financial statements have been prepared on a going concern basis. The Company meets the conditions for exemption from audit under section 477 of the Companies Act 2006, subject to the applicable statutory requirements.



Directors

The director shown below has held office during the whole of the period from
1 May 2025 to 30 April 2026

Sofija Fomiceva

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
1 June 2026

And signed on behalf of the board by:
Name: Sofija Fomiceva
Status: Director

NEXGEN RESEARCH LTD

Profit And Loss Account

for the Period Ended 30 April 2026

2026 2025


£
£
Turnover: 89,705 78,900
Cost of sales: ( 58,389 ) ( 70,377 )
Gross profit(or loss): 31,316 8,523
Distribution costs: 0 0
Administrative expenses: ( 26,911 ) ( 5,523 )
Other operating income: 0 0
Operating profit(or loss): 4,405 3,000
Interest receivable and similar income: 0 0
Interest payable and similar charges: 0 0
Profit(or loss) before tax: 4,405 3,000
Tax: ( 837 ) ( 570 )
Profit(or loss) for the financial year: 3,568 2,430

NEXGEN RESEARCH LTD

Balance sheet

As at 30 April 2026

Notes 2026 2025


£
£
Fixed assets
Intangible assets: 3 302,600 50,000
Tangible assets: 4 587,800 70,000
Investments: 5 503,000 491,000
Total fixed assets: 1,393,400 611,000
Current assets
Stocks:   0 0
Debtors: 6 40,000 62,000
Cash at bank and in hand: 45,000 179,150
Investments: 7 176,000 585,850
Total current assets: 261,000 827,000
Prepayments and accrued income: 5,000 16,000
Creditors: amounts falling due within one year: 8 ( 4,832 ) ( 3,000 )
Net current assets (liabilities): 261,168 840,000
Total assets less current liabilities: 1,654,568 1,451,000
Creditors: amounts falling due after more than one year: 9 ( 1,544,870 ) ( 1,343,570 )
Provision for liabilities: 0 0
Accruals and deferred income: ( 18,700 ) ( 20,000 )
Total net assets (liabilities): 90,998 87,430
Capital and reserves
Called up share capital: 85,000 85,000
Share premium account: 0 0
Other reserves: 0 0
Profit and loss account: 5,998 2,430
Total Shareholders' funds: 90,998 87,430

The notes form part of these financial statements

NEXGEN RESEARCH LTD

Balance sheet statements

For the year ending 30 April 2026 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.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 1 June 2026
and signed on behalf of the board by:

Name: Sofija Fomiceva
Status: Director

The notes form part of these financial statements

NEXGEN RESEARCH LTD

Notes to the Financial Statements

for the Period Ended 30 April 2026

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Revenue represents amounts earned from management consultancy services during the reporting period. Revenue is recognised when the relevant services have been provided and the Company's performance obligations have been satisfied.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are recognised at cost and depreciated over their estimated useful lives.

    Intangible fixed assets amortisation policy

    Intangible assets are recognised at cost and amortised over their estimated useful lives.

    Valuation information and policy

    The financial statements have been prepared on the historical cost basis. Assets are recognised at cost where applicable, in accordance with the Company's accounting policies.

    Other accounting policies

    Trade debtors are initially recognised at transaction value and subsequently measured at amortised cost. Cash and cash equivalents comprise cash held with recognised financial institutions and funds available on demand. Prepayments are recognised as expenses over the periods to which the related goods or services relate. Creditors are initially recognised at transaction value and subsequently measured at amortised cost. Current taxation represents the Corporation Tax charge for the reporting period. Share capital is recognised as equity. Retained earnings represent cumulative profits and losses after dividends.

NEXGEN RESEARCH LTD

Notes to the Financial Statements

for the Period Ended 30 April 2026

  • 2. Employees

    2026 2025
    Average number of employees during the period 7 7

NEXGEN RESEARCH LTD

Notes to the Financial Statements

for the Period Ended 30 April 2026

3. Intangible assets

Goodwill Other Total
Cost £ £ £
At 1 May 2025 0 50,833 50,833
Additions 0 263,000 263,000
Disposals 0 0 0
Revaluations 0 0 0
Transfers 0 0 0
At 30 April 2026 0 313,833 313,833
Amortisation
At 1 May 2025 0 833 833
Charge for year 0 10,400 10,400
On disposals 0 0 0
Other adjustments 0 0 0
At 30 April 2026 0 11,233 11,233
Net book value
At 30 April 2026 0 302,600 302,600
At 30 April 2025 0 50,000 50,000

NEXGEN RESEARCH LTD

Notes to the Financial Statements

for the Period Ended 30 April 2026

4. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 May 2025 0 0 0 71,160 0 71,160
Additions 0 0 0 532,000 0 532,000
Disposals 0 0 0 0 0 0
Revaluations 0 0 0 0 0 0
Transfers 0 0 0 0 0 0
At 30 April 2026 0 0 0 603,160 0 603,160
Depreciation
At 1 May 2025 0 0 0 1,160 0 1,160
Charge for year 0 0 0 14,200 0 14,200
On disposals 0 0 0 0 0 0
Other adjustments 0 0 0 0 0 0
At 30 April 2026 0 0 0 15,360 0 15,360
Net book value
At 30 April 2026 0 0 0 587,800 0 587,800
At 30 April 2025 0 0 0 70,000 0 70,000

NEXGEN RESEARCH LTD

Notes to the Financial Statements

for the Period Ended 30 April 2026

5. Fixed assets investments note

Fixed asset investments are recognised at cost. At 30 April 2026, the Company held fixed asset investments with a reported value of £503,000.

NEXGEN RESEARCH LTD

Notes to the Financial Statements

for the Period Ended 30 April 2026

6. Debtors

2026 2025
£ £
Trade debtors 40,000 62,000
Prepayments and accrued income 0 0
Other debtors 0 0
Total 40,000 62,000
Debtors due after more than one year: 0 0

NEXGEN RESEARCH LTD

Notes to the Financial Statements

for the Period Ended 30 April 2026

7. Current assets investments note

Current asset investments are reported at £176,000 as at 30 April 2026.

NEXGEN RESEARCH LTD

Notes to the Financial Statements

for the Period Ended 30 April 2026

8. Creditors: amounts falling due within one year note

2026 2025
£ £
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Trade creditors 3,995 2,430
Taxation and social security 837 570
Accruals and deferred income 0 0
Other creditors 0 0
Total 4,832 3,000

NEXGEN RESEARCH LTD

Notes to the Financial Statements

for the Period Ended 30 April 2026

9. Creditors: amounts falling due after more than one year note

2026 2025
£ £
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Other creditors 1,544,870 1,343,570
Total 1,544,870 1,343,570