IRIS Accounts Production v25.1.0.734 OC317044 designated member 1.1.24 31.12.24 31.12.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhOC3170442023-12-31OC3170442024-12-31OC3170442024-01-012024-12-31OC3170442022-12-31OC3170442023-01-012023-12-31OC3170442023-12-31OC317044ns15:EnglandWales2024-01-012024-12-31OC317044ns14:PoundSterling2024-01-012024-12-31OC317044ns10:PartnerLLP12024-01-012024-12-31OC317044ns10:LimitedLiabilityPartnershipLLP2024-01-012024-12-31OC317044ns10:SmallEntities2024-01-012024-12-31OC317044ns10:AuditExempt-NoAccountantsReport2024-01-012024-12-31OC317044ns10:SmallCompaniesRegimeForAccounts2024-01-012024-12-31OC317044ns10:LimitedLiabilityPartnershipsSORP2024-01-012024-12-31OC317044ns10:FullAccounts2024-01-012024-12-31OC317044ns10:PartnerLLP22024-01-012024-12-31OC317044ns10:PartnerLLP32024-01-012024-12-31OC317044ns10:RegisteredOffice2024-01-012024-12-31OC317044ns5:CurrentFinancialInstruments2024-12-31OC317044ns5:CurrentFinancialInstruments2023-12-31
REGISTERED NUMBER: OC317044 (England and Wales)












NEVA ASSETS LLP

Unaudited Financial Statements

for the Year Ended 31 December 2024






NEVA ASSETS LLP (REGISTERED NUMBER: OC317044)






Contents of the Financial Statements
for the Year Ended 31 December 2024




Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4


NEVA ASSETS LLP

General Information
for the Year Ended 31 December 2024







DESIGNATED MEMBERS: S Howell
N Collinson
G M Lines





REGISTERED OFFICE: The Old Mill, Kings Mill
Kings Mill Lane
South Nutfield
Surrey
RH1 5NB





REGISTERED NUMBER: OC317044 (England and Wales)





ACCOUNTANTS: The Bailey Partnership
Chartered Accountants
The Old Mill, Kings Mill
Kings Mill Lane
South Nutfield
Surrey
RH1 5NB

NEVA ASSETS LLP (REGISTERED NUMBER: OC317044)

Balance Sheet
31 December 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Stocks 324,894 324,894
Cash at bank 17,345 6,465
342,239 331,359
CREDITORS
Amounts falling due within one year 4 109,700 109,700
NET CURRENT ASSETS 232,539 221,659
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS

232,539

221,659

LOANS AND OTHER DEBTS DUE TO
MEMBERS

174,046

154,166

MEMBERS' OTHER INTERESTS
Capital accounts 58,493 67,493
232,539 221,659

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 174,046 154,166
Members' other interests 58,493 67,493
232,539 221,659

The LLP is entitled to exemption from audit under Section 477 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 for the year ended 31 December 2024.

The members acknowledge their responsibilities for:
(a)ensuring that the LLP keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the LLP as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to financial statements, so far as applicable to the LLP.

NEVA ASSETS LLP (REGISTERED NUMBER: OC317044)

Balance Sheet - continued
31 December 2024


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

In accordance with Section 444 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, the Income Statement has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 2 May 2025 and were signed by:





S Howell - Designated member

NEVA ASSETS LLP (REGISTERED NUMBER: OC317044)

Notes to the Financial Statements
for the Year Ended 31 December 2024

1. STATUTORY INFORMATION

Neva Assets LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

3. EMPLOYEE INFORMATION

The average number of employees during the year was 3 (2023 - 3 ) .

4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 108,200 108,200
Other creditors 1,500 1,500
109,700 109,700