2022-02-012023-01-312023-01-31false09402017NOVA DEC LTD2023-10-2443290iso4217:GBPxbrli:pure094020172022-02-01094020172023-01-31094020172022-02-012023-01-31094020172021-02-01094020172022-01-31094020172021-02-012022-01-3109402017bus:SmallEntities2022-02-012023-01-3109402017bus:AuditExempt-NoAccountantsReport2022-02-012023-01-3109402017bus:AbridgedAccounts2022-02-012023-01-3109402017bus:PrivateLimitedCompanyLtd2022-02-012023-01-3109402017core:WithinOneYear2023-01-3109402017core:AfterOneYear2023-01-3109402017core:WithinOneYear2022-01-3109402017core:AfterOneYear2022-01-3109402017core:ShareCapital2023-01-3109402017core:SharePremium2023-01-3109402017core:RevaluationReserve2023-01-3109402017core:OtherReservesSubtotal2023-01-3109402017core:RetainedEarningsAccumulatedLosses2023-01-3109402017core:ShareCapital2022-01-3109402017core:SharePremium2022-01-3109402017core:RevaluationReserve2022-01-3109402017core:OtherReservesSubtotal2022-01-3109402017core:RetainedEarningsAccumulatedLosses2022-01-3109402017core:LandBuildings2023-01-3109402017core:PlantMachinery2023-01-3109402017core:Vehicles2023-01-3109402017core:FurnitureFittings2023-01-3109402017core:OfficeEquipment2023-01-3109402017core:NetGoodwill2023-01-3109402017core:IntangibleAssetsOtherThanGoodwill2023-01-3109402017core:ListedExchangeTraded2023-01-3109402017core:UnlistedNon-exchangeTraded2023-01-3109402017core:LandBuildings2022-01-3109402017core:PlantMachinery2022-01-3109402017core:Vehicles2022-01-3109402017core:FurnitureFittings2022-01-3109402017core:OfficeEquipment2022-01-3109402017core:NetGoodwill2022-01-3109402017core:IntangibleAssetsOtherThanGoodwill2022-01-3109402017core:ListedExchangeTraded2022-01-3109402017core:UnlistedNon-exchangeTraded2022-01-3109402017core:LandBuildings2022-02-012023-01-3109402017core:PlantMachinery2022-02-012023-01-3109402017core:Vehicles2022-02-012023-01-3109402017core:FurnitureFittings2022-02-012023-01-3109402017core:OfficeEquipment2022-02-012023-01-3109402017core:NetGoodwill2022-02-012023-01-3109402017core:IntangibleAssetsOtherThanGoodwill2022-02-012023-01-3109402017core:ListedExchangeTraded2022-02-012023-01-3109402017core:UnlistedNon-exchangeTraded2022-02-012023-01-3109402017core:MoreThanFiveYears2022-02-012023-01-3109402017core:Non-currentFinancialInstruments2023-01-3109402017core:Non-currentFinancialInstruments2022-01-3109402017dpl:CostSales2022-02-012023-01-3109402017dpl:DistributionCosts2022-02-012023-01-3109402017dpl:AdministrativeExpenses2022-02-012023-01-3109402017core:LandBuildings2022-02-012023-01-3109402017core:PlantMachinery2022-02-012023-01-3109402017core:Vehicles2022-02-012023-01-3109402017core:FurnitureFittings2022-02-012023-01-3109402017core:OfficeEquipment2022-02-012023-01-3109402017core:NetGoodwill2022-02-012023-01-3109402017core:IntangibleAssetsOtherThanGoodwill2022-02-012023-01-3109402017dpl:GroupUndertakings2022-02-012023-01-3109402017dpl:ParticipatingInterests2022-02-012023-01-3109402017dpl:GroupUndertakingscore:ListedExchangeTraded2022-02-012023-01-3109402017core:ListedExchangeTraded2022-02-012023-01-3109402017dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-02-012023-01-3109402017core:UnlistedNon-exchangeTraded2022-02-012023-01-3109402017dpl:CostSales2021-02-012022-01-3109402017dpl:DistributionCosts2021-02-012022-01-3109402017dpl:AdministrativeExpenses2021-02-012022-01-3109402017core:LandBuildings2021-02-012022-01-3109402017core:PlantMachinery2021-02-012022-01-3109402017core:Vehicles2021-02-012022-01-3109402017core:FurnitureFittings2021-02-012022-01-3109402017core:OfficeEquipment2021-02-012022-01-3109402017core:NetGoodwill2021-02-012022-01-3109402017core:IntangibleAssetsOtherThanGoodwill2021-02-012022-01-3109402017dpl:GroupUndertakings2021-02-012022-01-3109402017dpl:ParticipatingInterests2021-02-012022-01-3109402017dpl:GroupUndertakingscore:ListedExchangeTraded2021-02-012022-01-3109402017core:ListedExchangeTraded2021-02-012022-01-3109402017dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-02-012022-01-3109402017core:UnlistedNon-exchangeTraded2021-02-012022-01-3109402017core:NetGoodwill2023-01-3109402017core:IntangibleAssetsOtherThanGoodwill2023-01-3109402017core:LandBuildings2023-01-3109402017core:PlantMachinery2023-01-3109402017core:Vehicles2023-01-3109402017core:FurnitureFittings2023-01-3109402017core:OfficeEquipment2023-01-3109402017core:AfterOneYear2023-01-3109402017core:WithinOneYear2023-01-3109402017core:ListedExchangeTraded2023-01-3109402017core:UnlistedNon-exchangeTraded2023-01-3109402017core:ShareCapital2023-01-3109402017core:SharePremium2023-01-3109402017core:RevaluationReserve2023-01-3109402017core:OtherReservesSubtotal2023-01-3109402017core:RetainedEarningsAccumulatedLosses2023-01-3109402017core:NetGoodwill2022-01-3109402017core:IntangibleAssetsOtherThanGoodwill2022-01-3109402017core:LandBuildings2022-01-3109402017core:PlantMachinery2022-01-3109402017core:Vehicles2022-01-3109402017core:FurnitureFittings2022-01-3109402017core:OfficeEquipment2022-01-3109402017core:AfterOneYear2022-01-3109402017core:WithinOneYear2022-01-3109402017core:Liste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NOVA DEC LTD

Registered Number
09402017
(England and Wales)

Unaudited Financial Statements for the Year ended
31 January 2023

NOVA DEC LTD
Company Information
for the year from 1 February 2022 to 31 January 2023

Directors

EKEN, Ozler
ERTURK, Ali

Registered Address

63 Stoke Newington High Street
London
N16 8EL

Registered Number

09402017 (England and Wales)
NOVA DEC LTD
Balance Sheet as at
31 January 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Tangible assets64,3432,042
4,3432,042
Current assets
Debtors289,122413,937
Cash at bank and on hand136,144137,213
425,266551,150
Creditors amounts falling due within one year(123,737)(175,068)
Net current assets (liabilities)301,529376,082
Total assets less current liabilities305,872378,124
Creditors amounts falling due after one year(226,823)(245,823)
Net assets79,049132,301
Capital and reserves
Called up share capital100100
Profit and loss account78,949132,201
Shareholders' funds79,049132,301
The financial statements were approved and authorised for issue by the Board of Directors on 24 October 2023, and are signed on its behalf by:
EKEN, Ozler
Director
Registered Company No. 09402017
NOVA DEC LTD
Notes to the Financial Statements
for the year ended 31 January 2023

1.Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
2.Compliance with applicable reporting framework
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
3.Basis of measurement used in financial statements
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
4.Accounting policies
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.
Property, plant and equipment policy
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:
Stocks policy
Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).
Revenue recognition policy
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Taxation policy
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Foreign currency translation and operations policy
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
5.Employee information

20232022
Average number of employees during the year913
6.Property, plant and equipment

Total

£
Cost or valuation
At 01 February 223,313
Additions2,765
At 31 January 236,078
Depreciation and impairment
At 01 February 221,272
Charge for year463
At 31 January 231,735
Net book value
At 31 January 234,343
At 31 January 222,042