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REGISTERED NUMBER: 10213850 (England and Wales)









UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 29 FEBRUARY 2024

FOR

NVC HOLDINGS LIMITED

NVC HOLDINGS LIMITED (REGISTERED NUMBER: 10213850)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 29 February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


NVC HOLDINGS LIMITED

COMPANY INFORMATION
for the Year Ended 29 February 2024







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
7 Rockfield Business Park
Old Station Drive
Leckhampton
Cheltenham
GL53 0AN

NVC HOLDINGS LIMITED (REGISTERED NUMBER: 10213850)

BALANCE SHEET
29 February 2024

2024 2023
Notes £    £   
FIXED ASSETS
Investments 4 120,000 120,000

CURRENT ASSETS
Debtors 5 143,600 8,050
Cash at bank 32,800 20,938
176,400 28,988
CREDITORS
Amounts falling due within one year 6 (176,287 ) (28,738 )
NET CURRENT ASSETS 113 250
TOTAL ASSETS LESS CURRENT
LIABILITIES

120,113

120,250

CAPITAL AND RESERVES
Called up share capital 120,000 120,000
Retained earnings 113 250
SHAREHOLDERS' FUNDS 120,113 120,250

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 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 8 August 2024 and were signed by:





J Edwards - Director


NVC HOLDINGS LIMITED (REGISTERED NUMBER: 10213850)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 29 February 2024

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 (2023 - 1 ) .

NVC HOLDINGS LIMITED (REGISTERED NUMBER: 10213850)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 29 February 2024

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 March 2023
and 29 February 2024 120,000
NET BOOK VALUE
At 29 February 2024 120,000
At 28 February 2023 120,000

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 143,600 8,050

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed to group undertakings 176,238 28,738
Other creditors 49 -
176,287 28,738

7. RELATED PARTY DISCLOSURES

A loan of £176,238 (2023 - £28,738) 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 £143,500 a company under common control.


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