2022-03-01 SC393540 2023-02-28 SC393540 2022-03-01 2023-02-28 SC393540 2022-02-28 SC393540 2021-03-01 2022-02-28 SC393540 uk-core:WithinOneYear uk-bus:Original 2022-02-28 SC393540 uk-core:WithinOneYear uk-bus:Original 2023-02-28 SC393540 uk-core:AfterOneYear uk-bus:Original 2022-02-28 SC393540 uk-core:AfterOneYear uk-bus:Original 2023-02-28 SC393540 uk-core:ShareCapital uk-bus:Original 2023-02-28 SC393540 uk-core:ShareCapital uk-bus:Original 2022-02-28 SC393540 uk-core:RetainedEarningsAccumulatedLosses uk-bus:Original 2023-02-28 SC393540 uk-core:RetainedEarningsAccumulatedLosses uk-bus:Original 2022-02-28 SC393540 uk-bus:Director1 uk-bus:Original 2022-03-01 2023-02-28 SC393540 uk-core:OfficeEquipment uk-bus:Original 2022-03-01 2023-02-28 SC393540 uk-core:CommunicationNetworkEquipment uk-bus:Original 2022-03-01 2023-02-28 SC393540 uk-core:ToolsEquipment uk-bus:Original 2022-03-01 2023-02-28 SC393540 uk-core:FurnitureFittings uk-bus:Original 2022-03-01 2023-02-28 SC393540 uk-core:CommunicationNetworkEquipment uk-bus:Original 2022-02-28 SC393540 uk-core:FurnitureFittings uk-bus:Original 2022-02-28 SC393540 uk-core:ToolsEquipment uk-bus:Original 2022-02-28 SC393540 uk-core:OfficeEquipment uk-bus:Original 2022-02-28 SC393540 uk-core:ToolsEquipment uk-bus:Original 2023-02-28 SC393540 uk-core:FurnitureFittings uk-bus:Original 2023-02-28 SC393540 uk-core:CommunicationNetworkEquipment uk-bus:Original 2023-02-28 SC393540 uk-core:OfficeEquipment uk-bus:Original 2023-02-28 SC393540 uk-core:WithinOneYear uk-bus:Original 2023-02-28 SC393540 uk-core:WithinOneYear uk-bus:Original 2022-02-28 SC393540 uk-core:AfterOneYear uk-bus:Original uk-core:Secured 2023-02-28 SC393540 uk-core:AfterOneYear uk-bus:Original uk-core:Secured 2022-02-28 iso4217:GBP xbrli:pure SC393540 uk-bus:AuditExemptWithAccountantsReport uk-bus:Original 2022-03-01 2023-02-28 SC393540 uk-bus:FRS102 uk-bus:Original 2022-03-01 2023-02-28 SC393540 uk-bus:FilletedAccounts uk-bus:Original 2022-03-01 2023-02-28 SC393540 uk-bus:PrivateLimitedCompanyLtd uk-bus:Original 2022-03-01 2023-02-28
Novemedia Ltd
Registered Number:SC393540
For the year ended 28 February 2023
Scotland
Unaudited Financial Statements
2
For the year ended 28 February 2023
Novemedia Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
SC393540
As at 28 February 2023
Novemedia Ltd
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
1,391
1,738
2
1,391
1,738
Current assets
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
Capital and reserves
Called up share capital
100
100
Retained earnings
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
4
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.
Registered address:
17 Toll House Grove
Tranent
EH33 2QR
The presentation currency is £ sterling.
1. Accounting policies
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
25% Reducing balance
25% Reducing balance
Computer equipment
25% Reducing balance
Camera equipment
25% Reducing balance
Fixtures and fittings
2. Property, plant and equipment
Total
Computer
equipment
Fixtures and
fittings
Camera
equipment
Phone
equipment
£
£
£
£
£
Cost or
valuation
At 01 March 2022
12,556
8,598
1,394
1,088
1,476
At 28 February 2023
1,088
1,394
8,598
12,556
1,476
Provision for depreciation and impairment
At 01 March 2022
10,818
7,254
1,283
976
1,305
Charge for year
347
269
22
22
34
At 28 February 2023
11,165
7,523
1,305
998
1,339
At 28 February 2023
Net book value
137
90
89
1,075
1,391
At 28 February 2022
171
112
111
1,344
1,738
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5
For the year ended 28 February 2023
Novemedia Ltd
Notes to the Financial Statements Continued
3. Trade and other receivables
2022
2023
£
£
Trade debtors
-
1,686
Other debtors
13,097
76,572
78,258
13,097
4. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Bank loans and overdraft
16,361
14,480
Taxation and social security
3,761
3,665
Other creditors
1,140
1,440
21,262
19,585
5. Trade and other payables: amounts falling due after more than one year
2022
2023
£
£
Bank loans and overdraft
(194,000)
(154,500)
6. Average number of persons employed
During the year the average number of employees was 0
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