2023-02-012024-01-312024-01-31false09402017NOVA DEC LTD2024-10-09iso4217:GBPxbrli:pure094020172023-02-01094020172024-01-31094020172023-02-012024-01-31094020172022-02-01094020172023-01-31094020172022-02-012023-01-3109402017bus:SmallEntities2023-02-012024-01-3109402017bus:AuditExempt-NoAccountantsReport2023-02-012024-01-3109402017bus:AbridgedAccounts2023-02-012024-01-3109402017bus:PrivateLimitedCompanyLtd2023-02-012024-01-3109402017core:WithinOneYear2024-01-3109402017core:AfterOneYear2024-01-3109402017core:WithinOneYear2023-01-3109402017core:AfterOneYear2023-01-3109402017core:ShareCapital2024-01-3109402017core:SharePremium2024-01-3109402017core:RevaluationReserve2024-01-3109402017core:OtherReservesSubtotal2024-01-3109402017core:RetainedEarningsAccumulatedLosses2024-01-3109402017core:ShareCapital2023-01-3109402017core:SharePremium2023-01-3109402017core:RevaluationReserve2023-01-3109402017core:OtherReservesSubtotal2023-01-3109402017core:RetainedEarningsAccumulatedLosses2023-01-3109402017core:LandBuildings2024-01-3109402017core:PlantMachinery2024-01-3109402017core:Vehicles2024-01-3109402017core:FurnitureFittings2024-01-3109402017core:OfficeEquipment2024-01-3109402017core:NetGoodwill2024-01-3109402017core:IntangibleAssetsOtherThanGoodwill2024-01-3109402017core:ListedExchangeTraded2024-01-3109402017core:UnlistedNon-exchangeTraded2024-01-3109402017core:LandBuildings2023-01-3109402017core:PlantMachinery2023-01-3109402017core:Vehicles2023-01-3109402017core:FurnitureFittings2023-01-3109402017core:OfficeEquipment2023-01-3109402017core:NetGoodwill2023-01-3109402017core:IntangibleAssetsOtherThanGoodwill2023-01-3109402017core:ListedExchangeTraded2023-01-3109402017core:UnlistedNon-exchangeTraded2023-01-3109402017core:LandBuildings2023-02-012024-01-3109402017core:PlantMachinery2023-02-012024-01-3109402017core:Vehicles2023-02-012024-01-3109402017core:FurnitureFittings2023-02-012024-01-3109402017core:OfficeEquipment2023-02-012024-01-3109402017core:NetGoodwill2023-02-012024-01-3109402017core:IntangibleAssetsOtherThanGoodwill2023-02-012024-01-3109402017core:ListedExchangeTraded2023-02-012024-01-3109402017core:UnlistedNon-exchangeTraded2023-02-012024-01-3109402017core:MoreThanFiveYears2023-02-012024-01-3109402017core:Non-currentFinancialInstruments2024-01-3109402017core:Non-currentFinancialInstruments2023-01-3109402017dpl:CostSales2023-02-012024-01-3109402017dpl:DistributionCosts2023-02-012024-01-3109402017core:LandBuildings2023-02-012024-01-3109402017core:PlantMachinery2023-02-012024-01-3109402017core:Vehicles2023-02-012024-01-3109402017core:FurnitureFittings2023-02-012024-01-3109402017core:OfficeEquipment2023-02-012024-01-3109402017dpl:AdministrativeExpenses2023-02-012024-01-3109402017core:NetGoodwill2023-02-012024-01-3109402017core:IntangibleAssetsOtherThanGoodwill2023-02-012024-01-3109402017dpl:GroupUndertakings2023-02-012024-01-3109402017dpl:ParticipatingInterests2023-02-012024-01-3109402017dpl:GroupUndertakingscore:ListedExchangeTraded2023-02-012024-01-3109402017core:ListedExchangeTraded2023-02-012024-01-3109402017dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-02-012024-01-3109402017core:UnlistedNon-exchangeTraded2023-02-012024-01-3109402017dpl:CostSales2022-02-012023-01-3109402017dpl:DistributionCosts2022-02-012023-01-3109402017core:LandBuildings2022-02-012023-01-3109402017core:PlantMachinery2022-02-012023-01-3109402017core:Vehicles2022-02-012023-01-3109402017core:FurnitureFittings2022-02-012023-01-3109402017core:OfficeEquipment2022-02-012023-01-3109402017dpl:AdministrativeExpenses2022-02-012023-01-3109402017core:NetGoodwill2022-02-012023-01-3109402017core:IntangibleAssetsOtherThanGoodwill2022-02-012023-01-3109402017dpl:GroupUndertakings2022-02-012023-01-3109402017dpl:ParticipatingInterests2022-02-012023-01-3109402017dpl:GroupUndertakingscore:ListedExchangeTraded2022-02-012023-01-3109402017core:ListedExchangeTraded2022-02-012023-01-3109402017dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-02-012023-01-3109402017core:UnlistedNon-exchangeTraded2022-02-012023-01-3109402017core:NetGoodwill2024-01-3109402017core:IntangibleAssetsOtherThanGoodwill2024-01-3109402017core:LandBuildings2024-01-3109402017core:PlantMachinery2024-01-3109402017core:Vehicles2024-01-3109402017core:FurnitureFittings2024-01-3109402017core:OfficeEquipment2024-01-3109402017core:AfterOneYear2024-01-3109402017core:WithinOneYear2024-01-3109402017core:ListedExchangeTraded2024-01-3109402017core:UnlistedNon-exchangeTraded2024-01-3109402017core:ShareCapital2024-01-3109402017core:SharePremium2024-01-3109402017core:RevaluationReserve2024-01-3109402017core:OtherReservesSubtotal2024-01-3109402017core:RetainedEarningsAccumulatedLosses2024-01-3109402017core:NetGoodwill2023-01-3109402017core:IntangibleAssetsOtherThanGoodwill2023-01-3109402017core:LandBuildings2023-01-3109402017core:PlantMachinery2023-01-3109402017core:Vehicles2023-01-3109402017core:FurnitureFittings2023-01-3109402017core:OfficeEquipment2023-01-3109402017core:AfterOneYear2023-01-3109402017core:WithinOneYear2023-01-3109402017core:ListedExchangeTraded2023-01-3109402017core:UnlistedNon-exchangeTraded2023-01-3109402017core:ShareCapital2023-01-3109402017core:SharePremium2023-01-3109402017core:RevaluationReserve2023-01-3109402017core:OtherReservesSubtotal2023-01-3109402017core:RetainedEarningsAccumulatedLosses2023-01-3109402017core:NetGoodwill2022-02-0109402017core:IntangibleAssetsOtherThanGoodwill2022-02-0109402017core:LandBuildings2022-02-0109402017core:PlantMachinery2022-02-0109402017core:Vehicles2022-02-0109402017core:FurnitureFittings2022-02-0109402017core:OfficeEquipment2022-02-0109402017core:AfterOneYear2022-02-0109402017core:WithinOneYear2022-02-0109402017core:ListedExchangeTraded2022-02-0109402017core:UnlistedNon-exchangeTraded2022-02-0109402017core:ShareCapital2022-02-0109402017core:SharePremium2022-02-0109402017core:RevaluationReserve2022-02-0109402017core:OtherReservesSubtotal2022-02-0109402017core:RetainedEarningsAccumulatedLosses2022-02-0109402017core:AfterOneYear2023-02-012024-01-3109402017core:WithinOneYear2023-02-012024-01-3109402017core:Non-currentFinancialInstrumentscore:CostValuation2023-02-012024-01-3109402017core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-02-012024-01-3109402017core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-02-012024-01-3109402017core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-02-012024-01-3109402017core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-02-012024-01-3109402017core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-02-012024-01-3109402017core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-02-012024-01-3109402017core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-02-012024-01-3109402017core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-02-012024-01-3109402017core:Non-currentFinancialInstrumentscore:CostValuation2024-01-3109402017core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2024-01-3109402017core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2024-01-3109402017core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2024-01-3109402017core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2024-01-3109402017core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2024-01-3109402017core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2024-01-3109402017core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2024-01-3109402017core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2024-01-3109402017core:Non-currentFinancialInstrumentscore:CostValuation2023-01-3109402017core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-01-3109402017core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-01-3109402017core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-01-3109402017core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-01-3109402017core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-01-3109402017core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-01-3109402017core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-01-3109402017core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-01-3109402017bus:Director12023-02-012024-01-3109402017bus:Director22023-02-012024-01-31

NOVA DEC LTD

Registered Number
09402017
(England and Wales)

Unaudited Financial Statements for the Year ended
31 January 2024

NOVA DEC LTD
Company Information
for the year from 1 February 2023 to 31 January 2024

Directors

EKEN, Ozler
ERTURK, Ali

Registered Address

C/O Unit 4, Kinetica
13 Ramsgate Street
London
E8 2FD

Registered Number

09402017 (England and Wales)
NOVA DEC LTD
Balance Sheet as at
31 January 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets35,2944,343
5,2944,343
Current assets
Debtors255,083289,122
Cash at bank and on hand96,490136,144
351,573425,266
Creditors amounts falling due within one year(197,339)(123,737)
Net current assets (liabilities)154,234301,529
Total assets less current liabilities159,528305,872
Creditors amounts falling due after one year(129,171)(226,823)
Net assets30,35779,049
Capital and reserves
Called up share capital100100
Profit and loss account30,25778,949
Shareholders' funds30,35779,049
The financial statements were approved and authorised for issue by the Board of Directors on 9 October 2024, and are signed on its behalf by:
EKEN, Ozler
Director
Registered Company No. 09402017
NOVA DEC LTD
Notes to the Financial Statements
for the year ended 31 January 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.
Revenue from sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Current taxation
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:
Stocks and work in progress
Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).
2.Average number of employees

20242023
Average number of employees during the year89
3.Tangible fixed assets

Total

£
Cost or valuation
At 01 February 236,078
Additions1,832
At 31 January 247,910
Depreciation and impairment
At 01 February 231,735
Charge for year881
At 31 January 242,616
Net book value
At 31 January 245,294
At 31 January 234,343