Company registration number 13919439 (England and Wales)
NOVAK DEVELOPMENTS LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025
PAGES FOR FILING WITH REGISTRAR
NOVAK DEVELOPMENTS LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
NOVAK DEVELOPMENTS LIMITED
BALANCE SHEET
AS AT
28 FEBRUARY 2025
28 February 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
2
59,182
64,864
Investment property
3
111,040
111,040
170,222
175,904
Current assets
Debtors
4
60,050
-
0
Cash at bank and in hand
6,557
10,611
66,607
10,611
Creditors: amounts falling due within one year
5
(51,303)
(51,371)
Net current assets/(liabilities)
15,304
(40,760)
Total assets less current liabilities
185,526
135,144
Provisions for liabilities
(2,952)
(2,920)
Net assets
182,574
132,224
Capital and reserves
Called up share capital
6
20
20
Share premium account
68,498
68,498
Profit and loss reserves
114,056
63,706
Total equity
182,574
132,224

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the board of directors and authorised for issue on 17 April 2025 and are signed on its behalf by:
Mr John Higgins
Director
Company registration number 13919439 (England and Wales)
NOVAK DEVELOPMENTS LIMITED
BALANCE SHEET (CONTINUED)
AS AT 28 FEBRUARY 2025
28 February 2025
- 2 -
1
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
3
3
2
Tangible fixed assets
Land and buildings
Plant and machinery
Total
£
£
£
Cost
At 29 February 2024
-
0
87,022
87,022
Additions
1,639
2,606
4,245
At 28 February 2025
1,639
89,628
91,267
Depreciation and impairment
At 29 February 2024
-
0
22,158
22,158
Depreciation charged in the year
67
9,860
9,927
At 28 February 2025
67
32,018
32,085
Carrying amount
At 28 February 2025
1,572
57,610
59,182
At 28 February 2024
-
0
64,864
64,864
3
Investment property
2025
£
Fair value
At 29 February 2024 and 28 February 2025
111,040

Novak Developments Ltd purchased a residential property on 12 February 2024. The directors are of the opinion that the fair value remains at the historical cost of the property.

NOVAK DEVELOPMENTS LIMITED
BALANCE SHEET (CONTINUED)
AS AT 28 FEBRUARY 2025
28 February 2025
(Continued)
- 3 -
4
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
50
-
0
Other debtors
6,083
-
0
6,133
-
2025
2024
Amounts falling due after more than one year:
£
£
Other debtors
53,917
-
0
Total debtors
60,050
-
5
Creditors: amounts falling due within one year
2025
2024
£
£
Taxation and social security
18,103
12,415
Other creditors
33,200
38,956
51,303
51,371
6
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of 10p each
152
152
15
15
A Ordinary shares of 10p each
48
48
5
5
200
200
20
20
2025-02-282024-02-29false17 April 2025CCH SoftwareCCH Accounts Production 2024.100No description of principal activityMr John HigginsMr Simon Coppenhallfalsefalse139194392024-02-292025-02-28139194392025-02-28139194392024-02-2813919439core:LandBuildings2025-02-2813919439core:OtherPropertyPlantEquipment2025-02-2813919439core:LandBuildings2024-02-2813919439core:OtherPropertyPlantEquipment2024-02-2813919439core:CurrentFinancialInstrumentscore:WithinOneYear2025-02-2813919439core:CurrentFinancialInstrumentscore:WithinOneYear2024-02-2813919439core:CurrentFinancialInstruments2025-02-2813919439core:CurrentFinancialInstruments2024-02-2813919439core:ShareCapital2025-02-2813919439core:ShareCapital2024-02-2813919439core:SharePremium2025-02-2813919439core:SharePremium2024-02-2813919439core:RetainedEarningsAccumulatedLosses2025-02-2813919439core:RetainedEarningsAccumulatedLosses2024-02-2813919439core:ShareCapitalOrdinaryShares2025-02-2813919439core:ShareCapitalOrdinaryShares2024-02-2813919439bus:Director12024-02-292025-02-28139194392023-03-012024-02-2813919439core:LandBuildings2024-02-2813919439core:OtherPropertyPlantEquipment2024-02-28139194392024-02-2813919439core:LandBuildings2024-02-292025-02-2813919439core:OtherPropertyPlantEquipment2024-02-292025-02-2813919439core:WithinOneYear2025-02-2813919439core:WithinOneYear2024-02-2813919439core:AfterOneYear2025-02-2813919439core:AfterOneYear2024-02-2813919439bus:PrivateLimitedCompanyLtd2024-02-292025-02-2813919439bus:SmallCompaniesRegimeForAccounts2024-02-292025-02-2813919439bus:FRS1022024-02-292025-02-2813919439bus:AuditExemptWithAccountantsReport2024-02-292025-02-2813919439bus:Director22024-02-292025-02-2813919439bus:FullAccounts2024-02-292025-02-28xbrli:purexbrli:sharesiso4217:GBP