6754818falsea retailer2020-12-012021-11-30http://www.companieshouse.gov.uk/2020-11-30http://www.companieshouse.gov.uk/pt:ShareCapital2020-11-30http://www.companieshouse.gov.uk/cd:Director12020-12-012021-11-30http://www.companieshouse.gov.uk/pt:ShareCapital2021-11-30http://www.companieshouse.gov.uk/cd:Director22020-12-012021-11-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12020-12-012021-11-30http://www.companieshouse.gov.uk/cd:RegisteredOffice2020-12-012021-11-30http://www.companieshouse.gov.uk/pt:NetGoodwill2021-11-30http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2020-12-012021-11-30http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2021-11-30http://www.companieshouse.gov.uk/pt:NetGoodwill2020-12-012021-11-30http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2020-11-30http://www.companieshouse.gov.uk/2020-12-012021-11-30http://www.companieshouse.gov.uk/2020-11-30http://www.companieshouse.gov.uk/cd:FRS1022020-12-012021-11-30http://www.companieshouse.gov.uk/2021-11-30http://www.companieshouse.gov.uk/cd:FullAccounts2020-12-012021-11-30http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2020-12-012021-11-30iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 6754818
Nuvida Limited
ACCOUNTS
FOR THE YEAR ENDED 30/11/2021
Prepared By:
Lindrick Accountancy Services Ltd
205 Outgang Lane
Dinnington
Sheffield
S25 3QY
Nuvida Limited
ACCOUNTS
FOR THE YEAR ENDED 30/11/2021
DIRECTORS
J D Carmedy
Mrs S K Carmedy
REGISTERED OFFICE
205 Outgang Lane
Dinnington
Sheffield
S25 3QY
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 6754818
ACCOUNTANTS
Lindrick Accountancy Services Ltd
205 Outgang Lane
Dinnington
Sheffield
S25 3QY
Nuvida Limited
ACCOUNTS
FOR THEYEARENDED30/11/2021
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-
Nuvida Limited
BALANCE SHEET AT 30/11/2021
20212020
Notes££
FIXED ASSETS
Tangible assets33,3814,396
CURRENT ASSETS
Stock18,7927,415
Debtors51,493353
Cash at bank and in hand6,8152,387
27,10010,155
CREDITORS: Amounts falling due within one year646,32552,315
NET CURRENT LIABILITIES(19,225)(42,160)
TOTAL ASSETS LESS CURRENT LIABILITIES(15,844)(37,764)
CAPITAL AND RESERVES
Called up share capital8100100
Profit and loss account(15,944)(37,864)
SHAREHOLDERS' FUNDS(15,844)(37,764)
For the year ending 30/11/2021 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 19/08/2022 and signed on their behalf by
.............................
J D Carmedy
Director
Nuvida Limited
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 30/11/2021
1. ACCOUNTING POLICIES
1a. Basis Of Accounting FRS 1021 a
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
1b. Going Concern
These financial statements have been prepared on the going concern basis. The company has net current liabilities of £19,225 (2020 - £42,160) and net liabilities of £15,844 (2020 - £37,764). The directors have pledged there ongoing support to the company and believe the business is able to meet its liabilities as they fall due.
1c. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and Machineryreducing balance 15%
Fixtures and Fittingsreducing balance 15%
Equipmentreducing balance 15%
Motor Carsreducing balance 25%
1d. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
1e. Goodwill
Goodwill arising in connection with the acquisition of businesses is capitalised and amortised over its estimated economic life to a maximum of 20 years. Goodwill is reviewed annually for impairment if events or changes in circumstances indicate that the carrying value may not be recoverable.
1f.
Nuvida Limited
2. INTANGIBLE FIXED ASSETS
Purchased
GoodwillTotal
££
Cost
At 01/12/202030,00030,000
At 30/11/202130,00030,000
Depreciation
At 01/12/202030,00030,000
At 30/11/202130,00030,000
Net Book Amounts
At 30/11/2021--
3. TANGIBLE FIXED ASSETS
Plant and
Machinery Etc.Total
££
Cost
At 01/12/202027,41727,417
At 30/11/202127,41727,417
Depreciation
At 01/12/202023,02123,021
For the year1,0151,015
At 30/11/202124,03624,036
Net Book Amounts
At 30/11/20213,3813,381
At 30/11/20204,3964,396
4. STOCK 20212020
££
Stock comprises:
Stock18,7927,415
18,7927,415
Nuvida Limited
5. DEBTORS 20212020
££
Amounts falling due within one year:
Trade debtors1,126-
Other debtors367353
1,493353
6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20212020
££
Bank loans and overdrafts66-
Trade creditors827501
Taxation and social security9,4681,405
Other creditors35,96450,409
46,32552,315
7. EMPLOYEES
20212020
No.No.
Average number of employees22
8. SHARE CAPITAL 20212020
££
Allotted, issued and fully paid:
100 Ordinary shares of £1 each100100
100100