Registered Number:10171266 |
For the year ended 31 May 2023
England and Wales
Unaudited Financial Statements
For the year ended 31 May 2023
Nova Build Bristol Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
Nova Build Bristol Ltd
Statement of Financial Position
2022
2023
Property, plant and equipment |
140
464
2
140
464
1,500
1,500
3
Trade and other receivables |
12,875
41,352
4
44,949
Cash and cash equivalents |
44,214
87,066
59,324
Trade and other payables: amounts falling due within one |
year |
(30,652)
(45,974)
5
28,672
41,092
Net current assets
Total assets less current liabilities |
41,232
29,136
41,232
Net assets
29,136
2
2
41,230
29,134
41,232
29,136
Shareholders' funds
For the year ended 31 May 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 31 May 2023 in accordance with Section 476 of the Companies Act 2006 |
The directors acknowledge their 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. |
These financial statements were approved and authorised for issue by the Board on 06 February 2024 and were signed by: |
The notes form part of these financial statements |
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For the year ended 31 May 2023
Nova Build Bristol Ltd
Notes to the Financial Statements
Statutory Information
Nova Build Bristol Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration |
number 10171266. |
28 Irby Road
Bristol
BS3 2LY
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. An appropriate amount is included for work performed during the year but not yet invoiced at the balance sheet date. |
Property, plant and equipment
Property, plant and equipment, 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: |
Computer Equipment
Furniture and Fittings
Inventories
Inventories are value at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
2. Property, plant and equipment |
3,007
2,425
582
582
2,425
3,007
Provision for depreciation and impairment |
2,543
2,145
398
Charge for year
324
278
46
2,867
2,423
444
138
2
140
184
280
464
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For the year ended 31 May 2023
Nova Build Bristol Ltd
Notes to the Financial Statements Continued
2022
2023
1,500
1,500
4. Trade and other receivables |
2022
2023
41,189
-
Prepayments and accrued income |
-
12,875
Taxation and social security |
19
-
144
-
12,875
41,352
5. Trade and other payables: amounts falling due within one year |
2022
2023
16,253
8,199
Taxation and social security |
26,713
19,227
Accruals and deferred income |
1,305
1,220
1,504
752
199
1,254
45,974
30,652
6. Average number of persons employed |
During the year the average number of employees was 4 (2022 : 3)
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