Company registration number 13919439 (England and Wales)
NOVAK DEVELOPMENTS LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2024
PAGES FOR FILING WITH REGISTRAR
NOVAK DEVELOPMENTS LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
NOVAK DEVELOPMENTS LIMITED
BALANCE SHEET
AS AT 28 FEBRUARY 2024
28 February 2024
- 1 -
2024
2023
Notes
£
£
£
£
Fixed assets
Tangible assets
2
64,864
72,522
Investment property
3
111,040
-
0
175,904
72,522
Current assets
Debtors
4
-
0
48,227
Cash at bank and in hand
10,611
-
0
10,611
48,227
Creditors: amounts falling due within one year
5
(51,371)
(20,152)
Net current (liabilities)/assets
(40,760)
28,075
Total assets less current liabilities
135,144
100,597
Provisions for liabilities
(2,920)
(2,715)
Net assets
132,224
97,882
Capital and reserves
Called up share capital
6
20
20
Share premium account
68,498
68,498
Profit and loss reserves
63,706
29,364
Total equity
132,224
97,882

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 28 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the board of directors and authorised for issue on 19 August 2024 and are signed on its behalf by:
Mr John Higgins
Director
Company registration number 13919439 (England and Wales)
NOVAK DEVELOPMENTS LIMITED
BALANCE SHEET (CONTINUED)
AS AT 28 FEBRUARY 2024
28 February 2024
- 2 -
1
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2024
2023
Number
Number
Total
3
3
2
Tangible fixed assets
Plant and machinery
£
Cost
At 1 March 2023
83,566
Additions
3,456
At 28 February 2024
87,022
Depreciation and impairment
At 1 March 2023
11,044
Depreciation charged in the year
11,114
At 28 February 2024
22,158
Carrying amount
At 28 February 2024
64,864
At 28 February 2023
72,522
3
Investment property
2024
£
Fair value
At 1 March 2023
-
0
Additions
111,040
At 28 February 2024
111,040

Novak Developments Limited purchased a residential property on 12 February 2024.

4
Debtors
2024
2023
Amounts falling due within one year:
£
£
Other debtors
-
0
48,227
NOVAK DEVELOPMENTS LIMITED
BALANCE SHEET (CONTINUED)
AS AT 28 FEBRUARY 2024
28 February 2024
- 3 -
5
Creditors: amounts falling due within one year
2024
2023
£
£
Taxation and social security
12,415
6,583
Other creditors
38,956
13,569
51,371
20,152
6
Called up share capital
2024
2023
2024
2023
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of 10p each
152
152
15
15
A Ordinary shares of 10p each
48
48
5
5
200
200
20
20
2024-02-282023-03-01false19 August 2024CCH SoftwareCCH Accounts Production 2024.100No description of principal activityMr John HigginsMr Simon Coppenhallfalsefalse139194392023-03-012024-02-28139194392024-02-28139194392023-02-2813919439core:OtherPropertyPlantEquipment2024-02-2813919439core:OtherPropertyPlantEquipment2023-02-2813919439core:CurrentFinancialInstrumentscore:WithinOneYear2024-02-2813919439core:CurrentFinancialInstrumentscore:WithinOneYear2023-02-2813919439core:CurrentFinancialInstruments2024-02-2813919439core:CurrentFinancialInstruments2023-02-2813919439core:ShareCapital2024-02-2813919439core:ShareCapital2023-02-2813919439core:SharePremium2024-02-2813919439core:SharePremium2023-02-2813919439core:RetainedEarningsAccumulatedLosses2024-02-2813919439core:RetainedEarningsAccumulatedLosses2023-02-2813919439core:ShareCapitalOrdinaryShares2024-02-2813919439core:ShareCapitalOrdinaryShares2023-02-2813919439bus:Director12023-03-012024-02-28139194392022-02-162023-02-2813919439core:OtherPropertyPlantEquipment2023-02-2813919439core:OtherPropertyPlantEquipment2023-03-012024-02-28139194392023-02-2813919439core:WithinOneYear2024-02-2813919439core:WithinOneYear2023-02-2813919439bus:PrivateLimitedCompanyLtd2023-03-012024-02-2813919439bus:SmallCompaniesRegimeForAccounts2023-03-012024-02-2813919439bus:FRS1022023-03-012024-02-2813919439bus:AuditExemptWithAccountantsReport2023-03-012024-02-2813919439bus:Director22023-03-012024-02-2813919439bus:FullAccounts2023-03-012024-02-28xbrli:purexbrli:sharesiso4217:GBP