Company Registration No. 8426624 (England and Wales)
NUOVE AVVENTURE LTD
Unaudited accounts
for the year ended 31 March 2023
NUOVE AVVENTURE LTD
Unaudited accounts
Contents
NUOVE AVVENTURE LTD
Company Information
for the year ended 31 March 2023
Directors
Mr M D Barker
Mrs M A Barker
Company Number
8426624 (England and Wales)
Registered Office
Westwood Restaurant
New Walk
Beverley
East Yorkshire
HU17 7AE
United Kingdom
Accountants
Kendall Accountancy Services Limited
2 Exeter Street
New Village Road
Cottingham
East Yorkshire
HU16 4LU
NUOVE AVVENTURE LTD
Statement of financial position
as at 31 March 2023
Investments
703,500
703,500
Cash at bank and in hand
7,598
3,124
Creditors: amounts falling due within one year
(118,619)
(96,857)
Net current liabilities
(92,298)
(93,733)
Net assets
611,202
609,767
Called up share capital
100
100
Profit and loss account
611,102
609,667
Shareholders' funds
611,202
609,767
For the year ending 31 March 2023 the company was entitled to exemption from audit 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 5 June 2023 and were signed on its behalf by
Mrs M A Barker
Director
Company Registration No. 8426624
NUOVE AVVENTURE LTD
Notes to the Accounts
for the year ended 31 March 2023
NUOVE AVVENTURE LTD is a private company, limited by shares, registered in England and Wales, registration number 8426624. The registered office is Westwood Restaurant, New Walk, Beverley, East Yorkshire, HU17 7AE, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
4
Investments
Subsidiary undertakings
Valuation at 1 April 2022
703,500
Valuation at 31 March 2023
703,500
Amounts falling due after more than one year
Amounts due from group undertakings etc.
18,723
-
6
Creditors: amounts falling due within one year
2023
2022
Amounts owed to group undertakings and other participating interests
-
89,718
Taxes and social security
16,241
7,139
Loans from directors
102,378
-
7
Average number of employees
During the year the average number of employees was 2 (2022: 2).