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Company Registration No. 10485605 (England and Wales)
Nevergrey Ltd Unaudited accounts for the year ended 30 November 2023
Nevergrey Ltd Unaudited accounts Contents
Page
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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
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Nevergrey Ltd Statement of financial position as at 30 November 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
3,719 
7,495 
Current assets
Debtors
10,088 
975 
Cash at bank and in hand
- 
5,881 
10,088 
6,856 
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
Other provisions
- 
(413)
Net liabilities
(16,422)
(7,346)
Capital and reserves
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
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Nevergrey Ltd Notes to the Accounts for the year ended 30 November 2023
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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 
Depreciation
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 
Net book value
At 30 November 2023
2,925 
794 
3,719 
At 30 November 2022
4,621 
2,874 
7,495 
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Nevergrey Ltd Notes to the Accounts for the year ended 30 November 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
10,088 
- 
Other debtors
- 
975 
10,088 
975 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
7,239 
- 
VAT
150 
- 
Trade creditors
1,167 
2,892 
Taxes and social security
- 
736 
Other creditors
362 
14,407 
Loans from directors
10,537 
2,299 
Deferred income
10,774 
- 
30,229 
20,334 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
- 
950 
8
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Loans to Directors
- 
7,817 
- 
7,817 
Loans to Directors
- 
3,575 
- 
3,575 
- 
11,392 
- 
11,392 
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).
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