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REGISTERED NUMBER: 10213850 (England and Wales)









UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2023

FOR

NVC HOLDINGS LIMITED

NVC HOLDINGS LIMITED (REGISTERED NUMBER: 10213850)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 28 February 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


NVC HOLDINGS LIMITED

COMPANY INFORMATION
for the Year Ended 28 February 2023







DIRECTOR: J Edwards





REGISTERED OFFICE: The Motor Garage
Bristol Road
Cambridge
Gloucestershire
GL2 7AL





REGISTERED NUMBER: 10213850 (England and Wales)





ACCOUNTANTS: Kingscott Dix (Cheltenham) Limited
Chartered Accountants
Malvern View Business Park
Stella Way
Bishops Cleeve
Cheltenham
Gloucestershire
GL52 7DQ

NVC HOLDINGS LIMITED (REGISTERED NUMBER: 10213850)

BALANCE SHEET
28 February 2023

2023 2022
Notes £    £   
FIXED ASSETS
Investments 4 120,000 120,000

CURRENT ASSETS
Debtors 5 8,050 100
Cash at bank 20,938 35,256
28,988 35,356
CREDITORS
Amounts falling due within one year 6 (28,738 ) (40,286 )
NET CURRENT ASSETS/(LIABILITIES) 250 (4,930 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

120,250

115,070

CAPITAL AND RESERVES
Called up share capital 120,000 120,000
Retained earnings 250 (4,930 )
SHAREHOLDERS' FUNDS 120,250 115,070

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 13 November 2023 and were signed by:





J Edwards - Director


NVC HOLDINGS LIMITED (REGISTERED NUMBER: 10213850)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 28 February 2023

1. STATUTORY INFORMATION

NVC Holdings Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Significant judgements and estimates
No significant judgements or estimations have been used in preparing the financial statements.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Financial instruments
The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

NVC HOLDINGS LIMITED (REGISTERED NUMBER: 10213850)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 28 February 2023

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 March 2022
and 28 February 2023 120,000
NET BOOK VALUE
At 28 February 2023 120,000
At 28 February 2022 120,000

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 8,050 100

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Amounts owed to group undertakings 28,738 40,254
Other creditors - 32
28,738 40,286

7. RELATED PARTY DISCLOSURES

A loan of £28,738 (2022 - £40,356) by N-Virocycle Ltd, a company with common control was held at the year end.

The company had advanced loans to NVC Properties Ltd of £465,168 a company under common control.
This was written off during the year.

The company acquired the entire share capital of N-Virocycle Ltd, by way of a share-for-share exchange.