Company Registration No. 10485605 (England and Wales)
Nevergrey Ltd
Unaudited accounts
for the year ended 30 November 2023
Nevergrey Ltd
Unaudited accounts
Contents
Nevergrey Ltd
Company Information
for the year ended 30 November 2023
Directors
DUNN, Anthony Joseph
DUNN, Katherine Marie
Company Number
10485605 (England and Wales)
Registered Office
20-22 Wenlock Road
London
N1 7GU
England
Nevergrey Ltd
Statement of financial position
as at 30 November 2023
Tangible assets
3,719
7,495
Cash at bank and in hand
-
5,881
Creditors: amounts falling due within one year
(30,229)
(20,334)
Net current liabilities
(20,141)
(13,478)
Total assets less current liabilities
(16,422)
(5,983)
Creditors: amounts falling due after more than one year
-
(950)
Provisions for liabilities
Net liabilities
(16,422)
(7,346)
Called up share capital
2
2
Profit and loss account
(16,424)
(7,348)
Shareholders' funds
(16,422)
(7,346)
For the year ending 30 November 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 directors acknowledge their 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 of Directors and authorised for issue on 20 August 2024 and were signed on its behalf by
DUNN, Anthony Joseph
Director
Company Registration No. 10485605
Nevergrey Ltd
Notes to the Accounts
for the year ended 30 November 2023
Nevergrey Ltd is a private company, limited by shares, registered in England and Wales, registration number 10485605. The registered office is 20-22 Wenlock Road, London, N1 7GU, England.
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.
These financial statements for the year ended 30 November 2023 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 December 2021.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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:
Fixtures & fittings
5 year straight line
Computer equipment
3 year straight line
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 December 2022
13,205
19,350
32,555
At 30 November 2023
13,205
19,350
32,555
At 1 December 2022
8,584
16,476
25,060
Charge for the year
1,696
2,080
3,776
At 30 November 2023
10,280
18,556
28,836
At 30 November 2023
2,925
794
3,719
At 30 November 2022
4,621
2,874
7,495
Nevergrey Ltd
Notes to the Accounts
for the year ended 30 November 2023
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
7,239
-
Trade creditors
1,167
2,892
Taxes and social security
-
736
Other creditors
362
14,407
Loans from directors
10,537
2,299
7
Creditors: amounts falling due after more than one year
2023
2022
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Loans to Directors
-
7,817
-
7,817
Loans to Directors
-
3,575
-
3,575
During the year loans to directors were made to the value of £11,392.
9
Average number of employees
During the year the average number of employees was 1 (2022: 1).