2023-03-212024-03-312024-03-31false14746265NVH COMMERCIAL LTD2025-02-11falseiso4217:GBPxbrli:pure147462652023-03-21147462652024-03-31147462652023-03-212024-03-31147462652023-03-20147462652023-03-20147462652023-03-202023-03-2014746265bus:SmallEntities2023-03-212024-03-3114746265bus:AuditExempt-NoAccountantsReport2023-03-212024-03-3114746265bus:FullAccounts2023-03-212024-03-3114746265bus:PrivateLimitedCompanyLtd2023-03-212024-03-3114746265core:WithinOneYear2024-03-3114746265core:AfterOneYear2024-03-3114746265core:WithinOneYear2023-03-2014746265core:AfterOneYear2023-03-2014746265core:ShareCapital2024-03-3114746265core:SharePremium2024-03-3114746265core:RevaluationReserve2024-03-3114746265core:OtherReservesSubtotal2024-03-3114746265core:RetainedEarningsAccumulatedLosses2024-03-3114746265core:ShareCapital2023-03-2014746265core:SharePremium2023-03-2014746265core:RevaluationReserve2023-03-2014746265core:OtherReservesSubtotal2023-03-2014746265core:RetainedEarningsAccumulatedLosses2023-03-2014746265core:LandBuildings2024-03-3114746265core:PlantMachinery2024-03-3114746265core:Vehicles2024-03-3114746265core:FurnitureFittings2024-03-3114746265core:OfficeEquipment2024-03-3114746265core:NetGoodwill2024-03-3114746265core:IntangibleAssetsOtherThanGoodwill2024-03-3114746265core:ListedExchangeTraded2024-03-3114746265core:UnlistedNon-exchangeTraded2024-03-3114746265core:LandBuildings2023-03-2014746265core:PlantMachinery2023-03-2014746265core:Vehicles2023-03-2014746265core:FurnitureFittings2023-03-2014746265core:OfficeEquipment2023-03-2014746265core:NetGoodwill2023-03-2014746265core:IntangibleAssetsOtherThanGoodwill2023-03-2014746265core:ListedExchangeTraded2023-03-2014746265core:UnlistedNon-exchangeTraded2023-03-2014746265core:LandBuildings2023-03-212024-03-3114746265core:PlantMachinery2023-03-212024-03-3114746265core:Vehicles2023-03-212024-03-3114746265core:FurnitureFittings2023-03-212024-03-3114746265core:OfficeEquipment2023-03-212024-03-3114746265core:NetGoodwill2023-03-212024-03-3114746265core:IntangibleAssetsOtherThanGoodwill2023-03-212024-03-3114746265core:ListedExchangeTraded2023-03-212024-03-3114746265core:UnlistedNon-exchangeTraded2023-03-212024-03-3114746265core:MoreThanFiveYears2023-03-212024-03-3114746265core:Non-currentFinancialInstruments2024-03-3114746265core:Non-currentFinancialInstruments2023-03-2014746265dpl:CostSales2023-03-212024-03-3114746265dpl:DistributionCosts2023-03-212024-03-3114746265core:LandBuildings2023-03-212024-03-3114746265core:PlantMachinery2023-03-212024-03-3114746265core:Vehicles2023-03-212024-03-3114746265core:FurnitureFittings2023-03-212024-03-3114746265core:OfficeEquipment2023-03-212024-03-3114746265dpl:AdministrativeExpenses2023-03-212024-03-3114746265core:NetGoodwill2023-03-212024-03-3114746265core:IntangibleAssetsOtherThanGoodwill2023-03-212024-03-3114746265dpl:GroupUndertakings2023-03-212024-03-3114746265dpl:ParticipatingInterests2023-03-212024-03-3114746265dpl:GroupUndertakingscore:ListedExchangeTraded2023-03-212024-03-3114746265core:ListedExchangeTraded2023-03-212024-03-3114746265dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-03-212024-03-3114746265core:UnlistedNon-exchangeTraded2023-03-212024-03-3114746265dpl:CostSales2023-03-202023-03-2014746265dpl:DistributionCosts2023-03-202023-03-2014746265core:LandBuildings2023-03-202023-03-2014746265core:PlantMachinery2023-03-202023-03-2014746265core:Vehicles2023-03-202023-03-2014746265core:FurnitureFittings2023-03-202023-03-2014746265core:OfficeEquipment2023-03-202023-03-2014746265dpl:AdministrativeExpenses2023-03-202023-03-2014746265core:NetGoodwill2023-03-202023-03-2014746265core:IntangibleAssetsOtherThanGoodwill2023-03-202023-03-2014746265dpl:GroupUndertakings2023-03-202023-03-2014746265dpl:ParticipatingInterests2023-03-202023-03-2014746265dpl:GroupUndertakingscore:ListedExchangeTraded2023-03-202023-03-2014746265core:ListedExchangeTraded2023-03-202023-03-2014746265dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-03-202023-03-2014746265core:UnlistedNon-exchangeTraded2023-03-202023-03-2014746265core:NetGoodwill2024-03-3114746265core:IntangibleAssetsOtherThanGoodwill2024-03-3114746265core:LandBuildings2024-03-3114746265core:PlantMachinery2024-03-3114746265core:Vehicles2024-03-3114746265core:FurnitureFittings2024-03-3114746265core:OfficeEquipment2024-03-3114746265core:AfterOneYear2024-03-3114746265core:WithinOneYear2024-03-3114746265core:ListedExchangeTraded2024-03-3114746265core:UnlistedNon-exchangeTraded2024-03-3114746265core:ShareCapital2024-03-3114746265core:SharePremium2024-03-3114746265core:RevaluationReserve2024-03-3114746265core:OtherReservesSubtotal2024-03-3114746265core:RetainedEarningsAccumulatedLosses2024-03-3114746265core:NetGoodwill2023-03-2014746265core:IntangibleAssetsOtherThanGoodwill2023-03-2014746265core:LandBuildings2023-03-2014746265core:PlantMachinery2023-03-2014746265core:Vehicles2023-03-2014746265core:FurnitureFittings2023-03-2014746265core:OfficeEquipment2023-03-2014746265core:AfterOneYear2023-03-2014746265core:WithinOneYear2023-03-2014746265core:ListedExchangeTraded2023-03-2014746265core:UnlistedNon-exchangeTraded2023-03-2014746265core:ShareCapital2023-03-2014746265core:SharePremium2023-03-2014746265core:RevaluationReserve2023-03-2014746265core:OtherReservesSubtotal2023-03-2014746265core:RetainedEarningsAccumulatedLosses2023-03-2014746265core:NetGoodwill2023-03-2014746265core:IntangibleAssetsOtherThanGoodwill2023-03-2014746265core:LandBuildings2023-03-2014746265core:PlantMachinery2023-03-2014746265core:Vehicles2023-03-2014746265core:FurnitureFittings2023-03-2014746265core:OfficeEquipment2023-03-2014746265core:AfterOneYear2023-03-2014746265core:WithinOneYear2023-03-2014746265core:ListedExchangeTraded2023-03-2014746265core:UnlistedNon-exchangeTraded2023-03-2014746265core:ShareCapital2023-03-2014746265core:SharePremium2023-03-2014746265core:RevaluationReserve2023-03-2014746265core:OtherReservesSubtotal2023-03-2014746265core:RetainedEarningsAccumulatedLosses2023-03-2014746265core:AfterOneYear2023-03-212024-03-3114746265core:WithinOneYear2023-03-212024-03-3114746265core:Non-currentFinancialInstrumentscore:CostValuation2023-03-212024-03-3114746265core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-03-212024-03-3114746265core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-03-212024-03-3114746265core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-03-212024-03-3114746265core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-03-212024-03-3114746265core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-03-212024-03-3114746265core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-03-212024-03-3114746265core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-03-212024-03-3114746265core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-03-212024-03-3114746265core:Non-currentFinancialInstrumentscore:CostValuation2024-03-3114746265core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2024-03-3114746265core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2024-03-3114746265core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2024-03-3114746265core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2024-03-3114746265core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2024-03-3114746265core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2024-03-3114746265core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2024-03-3114746265core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2024-03-3114746265core:Non-currentFinancialInstrumentscore:CostValuation2023-03-2014746265core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-03-2014746265core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-03-2014746265core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-03-2014746265core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-03-2014746265core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-03-2014746265core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-03-2014746265core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-03-2014746265core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-03-2014746265bus:Director12023-03-212024-03-31

NVH COMMERCIAL LTD

Registered Number
14746265
(England and Wales)

Unaudited Financial Statements for the Period ended
31 March 2024

NVH COMMERCIAL LTD
Company Information
for the period from 21 March 2023 to 31 March 2024

Director

GUNTER, Matthew

Registered Address

Madison Offices, Radley House Richardshaw Lane
Pudsey
Leeds
LS28 6LE

Registered Number

14746265 (England and Wales)
NVH COMMERCIAL LTD
Statement of Financial Position
31 March 2024

Notes

2024

£

£

Fixed assets
Tangible assets3131,428
131,428
Current assets
Debtors422,100
Cash at bank and on hand38,282
60,382
Creditors amounts falling due within one year5(1,000)
Net current assets (liabilities)59,382
Total assets less current liabilities190,810
Creditors amounts falling due after one year6(381,231)
Net assets(190,421)
Capital and reserves
Profit and loss account(190,421)
Shareholders' funds(190,421)
The financial statements were approved and authorised for issue by the Director on 11 February 2025, and are signed on its behalf by:
GUNTER, Matthew
Director
Registered Company No. 14746265
NVH COMMERCIAL LTD
Notes to the Financial Statements
for the period ended 31 March 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 accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.
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).
Going concern
After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis of accounting in preparing its financial statements.
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.
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 in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income. Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.
Deferred tax
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Tangible fixed assets and depreciation
All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Reducing balance (%)
Plant and machinery15
Vehicles20
2.Average number of employees

2024
Average number of employees during the year1
3.Tangible fixed assets

Plant & machinery

Vehicles

Total

£££
Cost or valuation
Additions51,091110,000161,091
At 31 March 2451,091110,000161,091
Depreciation and impairment
Charge for year7,66322,00029,663
At 31 March 247,66322,00029,663
Net book value
At 31 March 2443,42888,000131,428
At 20 March 23---
4.Debtors: amounts due within one year

2024

£
Other debtors22,100
Total22,100
5.Creditors: amounts due within one year

2024

£
Accrued liabilities and deferred income1,000
Total1,000
6.Creditors: amounts due after one year

2024

£
Other creditors381,231
Total381,231