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REGISTERED NUMBER: 12697377 (England and Wales)















Financial Statements for the Year Ended 31 March 2024

for

Nueva Construction Ltd

Nueva Construction Ltd (Registered number: 12697377)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Nueva Construction Ltd

Company Information
for the Year Ended 31 March 2024







DIRECTOR: G R Ziser





REGISTERED OFFICE: Unit 9
First Floor, Hampstead West
224 Iverson Road
West Hampstead
London
NW6 2HL





REGISTERED NUMBER: 12697377 (England and Wales)





ACCOUNTANTS: Newmans
Chartered Certified Accountants
DVS House
Suite 1, First Floor
4 Spring Villa Road
Edgware
Middlesex
HA8 7EB

Nueva Construction Ltd (Registered number: 12697377)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £   
CURRENT ASSETS
Debtors 4 3,961,716 3,272,619
Cash at bank 1,904 993
3,963,620 3,273,612
CREDITORS
Amounts falling due within one year 5 781,677 574,310
NET CURRENT ASSETS 3,181,943 2,699,302
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,181,943

2,699,302

CREDITORS
Amounts falling due after more than one year 6 2,826,872 2,346,387
NET ASSETS 355,071 352,915

CAPITAL AND RESERVES
Called up share capital 7 1 1
Retained earnings 8 355,070 352,914
SHAREHOLDERS' FUNDS 355,071 352,915

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

Nueva Construction Ltd (Registered number: 12697377)

Balance Sheet - continued
31 March 2024


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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 7 August 2024 and were signed by:





G R Ziser - Director


Nueva Construction Ltd (Registered number: 12697377)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Nueva Construction Ltd 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.

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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 8 ) .

Nueva Construction Ltd (Registered number: 12697377)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 824,364 728,902
Amounts owed by group undertakings 3,125,798 2,401,998
Amounts owed by associates 2,985 -
Other debtors 8,569 141,719
3,961,716 3,272,619

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade creditors 179,089 303,762
Tax 91,111 74,144
Social security and other taxes 44,422 -
VAT 202,611 196,204
Dividend payable 150,000 -
Accrued expenses 114,444 200
781,677 574,310

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Other loans - 1-2 years 2,826,872 2,346,387

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.24 31.3.23
value: £    £   
1 Ordinary £1 1 1

8. RESERVES
Retained
earnings
£   

At 1 April 2023 352,914
Profit for the year 152,156
Dividends (150,000 )
At 31 March 2024 355,070