Registered Number:SC393540 |
For the year ended 28 February 2023
Scotland
Unaudited Financial Statements
For the year ended 28 February 2023
Novemedia Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
Novemedia Ltd
Statement of Financial Position
2022
2023
Property, plant and equipment |
1,391
1,738
2
1,391
1,738
Trade and other receivables |
78,258
13,097
3
4,129
Cash and cash equivalents |
17,601
30,698
82,387
Trade and other payables: amounts falling due within one |
year |
(19,585)
(21,262)
4
62,802
9,436
Net current assets
Total assets less current liabilities |
10,827
64,540
Trade and other payables: amounts falling due after more |
than one year |
154,500
194,000
5
204,827
Net assets
219,040
100
100
204,727
218,940
204,827
219,040
Shareholders' funds
For the year ended 28 February 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 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 proper 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 Section |
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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
Krzysztof Borowiak Director |
These financial statements were approved and authorised for issue by the Board on 12 November 2023 and were signed by: |
The notes form part of these financial statements |
1 of 3
For the year ended 28 February 2023
Novemedia Ltd
Notes to the Financial Statements
Statutory Information
Novemedia Ltd is a private limited company, limited by shares, domiciled in Scotland, registration number SC393540. |
17 Toll House Grove
Tranent
EH33 2QR
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the |
Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
modified by the revaluation of certain assets. |
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Phone equipment
Computer equipment
Camera equipment
Fixtures and fittings
2. Property, plant and equipment |
12,556
8,598
1,394
1,088
1,476
1,088
1,394
8,598
12,556
1,476
Provision for depreciation and impairment |
10,818
7,254
1,283
976
1,305
Charge for year
347
269
22
22
34
11,165
7,523
1,305
998
1,339
137
90
89
1,075
1,391
171
112
111
1,344
1,738
2 of 3
For the year ended 28 February 2023
Novemedia Ltd
Notes to the Financial Statements Continued
3. Trade and other receivables |
2022
2023
-
1,686
13,097
76,572
78,258
13,097
4. Trade and other payables: amounts falling due within one year |
2022
2023
16,361
14,480
Taxation and social security |
3,761
3,665
1,140
1,440
21,262
19,585
5. Trade and other payables: amounts falling due after more than one year |
2022
2023
(194,000)
(154,500)
6. Average number of persons employed |
During the year the average number of employees was 0
3 of 3