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Company Registration No. 14288768 (England and Wales)
NOVA UTILITIES LTD Unaudited accounts for the year ended 31 March 2024
NOVA UTILITIES LTD Unaudited accounts Contents
Page
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NOVA UTILITIES LTD Company Information for the year ended 31 March 2024
Director
Connor Byfield
Company Number
14288768 (England and Wales)
Registered Office
9 SAFFRON CLOSE SAFFRON CLOSE NORTHAMPTON NN4 0SG ENGLAND
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NOVA UTILITIES LTD Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Debtors
13,632 
18,534 
Cash at bank and in hand
126 
3,008 
13,758 
21,542 
Creditors: amounts falling due within one year
(13,114)
(12,277)
Net current assets
644 
9,265 
Net assets
644 
9,265 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
643 
9,264 
Shareholders' funds
644 
9,265 
For the year ending 31 March 2024 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 director acknowledges his 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 and authorised for issue on 1 October 2024 and were signed on its behalf by
Connor Byfield Director Company Registration No. 14288768
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NOVA UTILITIES LTD Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
NOVA UTILITIES LTD is a private company, limited by shares, registered in England and Wales, registration number 14288768. The registered office is 9 SAFFRON CLOSE, SAFFRON CLOSE, NORTHAMPTON, NN4 0SG, 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
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Taxation
Taxation represents the sum of tax currently payable and deferred tax. The company's liability for current tax is calculated using tax rates that have been enacted.
4
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
1,135 
- 
Other debtors
12,497 
18,534 
13,632 
18,534 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
12,114 
2,642 
Loans from directors
- 
8,635 
Accruals
1,000 
1,000 
13,114 
12,277 
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NOVA UTILITIES LTD Notes to the Accounts for the year ended 31 March 2024
6
Transactions with related parties
Mr. C. Byfield is the director of the company and owns 100% of the issued share capital. At the balance sheet date, Mr. C. Byfield owed the company £10,769(2023- was owed £8,635 by the company )
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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