1 November 2023 false No description of principal activity Taxfiler 2024.6 SC460936business:PrivateLimitedCompanyLtd2023-11-012024-10-31 SC4609362023-10-31 SC4609362023-11-012024-10-31 SC460936business:AuditExempt-NoAccountantsReport2023-11-012024-10-31 SC460936business:FilletedAccounts2023-11-012024-10-31 SC4609362024-10-31 SC460936business:Director12023-11-012024-10-31 SC460936business:Director22023-11-012024-10-31 SC460936business:RegisteredOffice2023-11-012024-10-31 SC4609362023-10-31 SC460936core:WithinOneYear2024-10-31 SC460936core:WithinOneYear2023-10-31 SC460936core:ShareCapitalcore:PreviouslyStatedAmount2024-10-31 SC460936core:ShareCapitalcore:PreviouslyStatedAmount2023-10-31 SC460936core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-10-31 SC460936core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-10-31 SC460936core:PreviouslyStatedAmount2024-10-31 SC460936core:PreviouslyStatedAmount2023-10-31 SC460936business:SmallEntities2023-11-012024-10-31 SC460936countries:Scotland2023-11-012024-10-31 SC460936core:ComputerEquipment2023-11-012024-10-31 SC460936core:ComputerEquipment2023-10-31 SC460936core:ComputerEquipment2024-10-31 SC460936business:OrdinaryShareClass12023-11-012024-10-31 SC460936business:OrdinaryShareClass12022-11-012023-10-31 SC4609362022-11-012023-10-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. SC460936 (Scotland)
NOVERIA LTD Unaudited accounts for the year ended 31 October 2024
NOVERIA LTD Unaudited accounts Contents
Page
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NOVERIA LTD Company Information for the year ended 31 October 2024
Directors
James Fairbairn Lynsey Fairbairn
Company Number
SC460936 (Scotland)
Registered Office
54 SIR THOMAS ELDER WAY KIRKCALDY FIFE KY2 6ZS
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NOVERIA LTD Statement of financial position as at 31 October 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
3,699 
3,726 
Current assets
Debtors
- 
4,687 
Cash at bank and in hand
12,499 
8,839 
12,499 
13,526 
Creditors: amounts falling due within one year
(16,743)
(15,915)
Net current liabilities
(4,244)
(2,389)
Net (liabilities)/assets
(545)
1,337 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
(547)
1,335 
Shareholders' funds
(545)
1,337 
For the year ending 31 October 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 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 25 November 2024 and were signed on its behalf by
James Fairbairn Director Company Registration No. SC460936
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NOVERIA LTD Notes to the Accounts for the year ended 31 October 2024
1
Statutory information
NOVERIA LTD is a private company, limited by shares, registered in Scotland, registration number SC460936. The registered office is 54 SIR THOMAS ELDER WAY, KIRKCALDY, FIFE, KY2 6ZS.
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 represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
25%
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 November 2023
20,483 
Additions
4,932 
At 31 October 2024
25,415 
Depreciation
At 1 November 2023
16,757 
Charge for the year
4,959 
At 31 October 2024
21,716 
Net book value
At 31 October 2024
3,699 
At 31 October 2023
3,726 
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NOVERIA LTD Notes to the Accounts for the year ended 31 October 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
4,687 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
16,743 
15,915 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2 
2 
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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