Company Registration No. SC403109 (Scotland)
Nuvision Consultancy Ltd
Unaudited accounts
for the year ended 31 July 2023
Nuvision Consultancy Ltd
Unaudited accounts
Contents
Nuvision Consultancy Ltd
Company Information
for the year ended 31 July 2023
Company Number
SC403109 (Scotland)
Registered Office
Prestwick Business Centre
Skye Road
Prestwick
Ayrshire
KA9 2TA
Nuvision Consultancy Ltd
Statement of financial position
as at 31 July 2023
Tangible assets
50,901
1,353
Cash at bank and in hand
10,798
14,225
Creditors: amounts falling due within one year
(39,040)
(45,515)
Net current liabilities
(2,161)
(955)
Total assets less current liabilities
49,190
398
Creditors: amounts falling due after more than one year
(48,180)
-
Provisions for liabilities
Called up share capital
10
10
Profit and loss account
1,000
46
Shareholders' funds
1,010
56
For the year ending 31 July 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 director acknowledges his 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 and authorised for issue on 23 April 2024 and were signed on its behalf by
Kenneth Park
Director
Company Registration No. SC403109
Nuvision Consultancy Ltd
Notes to the Accounts
for the year ended 31 July 2023
Nuvision Consultancy Ltd is a private company, limited by shares, registered in Scotland, registration number SC403109. The registered office is Prestwick Business Centre, Skye Road, Prestwick, Ayrshire, KA9 2TA.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:25% Reducing Balance
Plant & machinery
25% Reducing Balance
Motor vehicles
15% Reducing Balance
Fixtures & fittings
25% Reducing Balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other
Nuvision Consultancy Ltd
Notes to the Accounts
for the year ended 31 July 2023
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 August 2022
547
-
5,301
5,848
Additions
-
58,690
-
58,690
At 31 July 2023
547
58,690
5,301
64,538
At 1 August 2022
500
-
3,995
4,495
Charge for the year
12
8,804
326
9,142
At 31 July 2023
512
8,804
4,321
13,637
At 31 July 2023
35
49,886
980
50,901
At 31 July 2022
47
-
1,306
1,353
Amounts falling due within one year
Trade debtors
26,081
30,335
7
Creditors: amounts falling due within one year
2023
2022
Trade creditors
13,415
13,772
Taxes and social security
4,712
16,458
Loans from directors
(3)
(8,495)
Deferred income
11,000
11,000
8
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
48,180
-
9
Average number of employees
During the year the average number of employees was 2 (2022: 2).