Registered number: 6754818 | ||||||||
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 | ||||||||
REGISTERED OFFICE | ||||||||
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 Sheet | 3 | |||||||
Notes To The Accounts | 4 | |||||||
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 | ||||||||||
2021 | 2020 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | 3 | |||||||||
CURRENT ASSETS | ||||||||||
Stock | ||||||||||
Debtors | 5 | |||||||||
Cash at bank and in hand | ||||||||||
27,100 | 10,155 | |||||||||
CREDITORS: Amounts falling due within one year | 6 | |||||||||
NET CURRENT LIABILITIES | ( | (42,160) | ||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ( | ( | ||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 8 | |||||||||
Profit and loss account | (15,944) | (37,864) | ||||||||
SHAREHOLDERS' FUNDS | ( | ( | ||||||||
Approved by the board on | ||||||||||
............................. | ||||||||||
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 | ||||||||
Plant and Machinery | reducing balance 15% | |||||||
Fixtures and Fittings | reducing balance 15% | |||||||
Equipment | reducing balance 15% | |||||||
Motor Cars | reducing 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 | ||||||||
1f. |
Nuvida Limited | ||||||||
2. INTANGIBLE FIXED ASSETS | ||||
Purchased | ||||
Goodwill | Total | |||
£ | £ | |||
Cost | ||||
At 01/12/2020 | 30,000 | 30,000 | ||
At 30/11/2021 | 30,000 | 30,000 | ||
Depreciation | ||||
At 01/12/2020 | 30,000 | 30,000 | ||
At 30/11/2021 | 30,000 | 30,000 | ||
Net Book Amounts | ||||
At 30/11/2021 | ||||
3. TANGIBLE FIXED ASSETS | ||||
Plant and | ||||
Machinery Etc. | Total | |||
£ | £ | |||
Cost | ||||
At 01/12/2020 | 27,417 | 27,417 | ||
At 30/11/2021 | 27,417 | 27,417 | ||
Depreciation | ||||
At 01/12/2020 | 23,021 | 23,021 | ||
For the year | 1,015 | 1,015 | ||
At 30/11/2021 | 24,036 | 24,036 | ||
Net Book Amounts | ||||
At 30/11/2021 | 3,381 | 3,381 | ||
At 30/11/2020 | 4,396 | 4,396 | ||
4. STOCK | 2021 | 2020 | ||||
£ | £ | |||||
Stock comprises: | ||||||
Stock | ||||||
Nuvida Limited | ||||||||
5. DEBTORS | 2021 | 2020 | ||||||
£ | £ | |||||||
Amounts falling due within one year: | ||||||||
Trade debtors | 1,126 | - | ||||||
Other debtors | ||||||||
6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2021 | 2020 | |||||||
£ | £ | |||||||
Bank loans and overdrafts | ||||||||
Trade creditors | 827 | 501 | ||||||
Taxation and social security | 9,468 | 1,405 | ||||||
Other creditors | 35,964 | 50,409 | ||||||
46,325 | 52,315 | |||||||
7. EMPLOYEES | ||||||
2021 | 2020 | |||||
No. | No. | |||||
Average number of employees | 2 | |||||
8. SHARE CAPITAL | 2021 | 2020 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
100 | 100 | |||||||
100 | 100 | |||||||