IRIS Accounts Production v25.2.0.378 12330332 Board of Directors 1.12.23 30.11.24 30.11.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh123303322023-11-30123303322024-11-30123303322023-12-012024-11-30123303322022-11-30123303322022-12-012023-11-30123303322023-11-3012330332ns15:EnglandWales2023-12-012024-11-3012330332ns14:PoundSterling2023-12-012024-11-3012330332ns10:Director12023-12-012024-11-3012330332ns10:PrivateLimitedCompanyLtd2023-12-012024-11-3012330332ns10:SmallEntities2023-12-012024-11-3012330332ns10:AuditExempt-NoAccountantsReport2023-12-012024-11-3012330332ns10:SmallCompaniesRegimeForDirectorsReport2023-12-012024-11-3012330332ns10:SmallCompaniesRegimeForAccounts2023-12-012024-11-3012330332ns10:AbridgedAccounts2023-12-012024-11-3012330332ns10:Director22023-12-012024-11-3012330332ns10:RegisteredOffice2023-12-012024-11-3012330332ns5:CurrentFinancialInstruments2024-11-3012330332ns5:CurrentFinancialInstruments2023-11-3012330332ns5:ShareCapital2024-11-3012330332ns5:ShareCapital2023-11-3012330332ns5:RetainedEarningsAccumulatedLosses2024-11-3012330332ns5:RetainedEarningsAccumulatedLosses2023-11-30
REGISTERED NUMBER: 12330332 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2024

FOR

NEVANET UK LTD

NEVANET UK LTD (REGISTERED NUMBER: 12330332)

CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 30 November 2024










Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 3


NEVANET UK LTD

COMPANY INFORMATION
For The Year Ended 30 November 2024







DIRECTORS: V Gonzalez
N Gull Hernandez





REGISTERED OFFICE: 8 Witchford Gate
Maidenhead
SL6 2FF





REGISTERED NUMBER: 12330332 (England and Wales)

NEVANET UK LTD (REGISTERED NUMBER: 12330332)

ABRIDGED BALANCE SHEET
30 November 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 37,000 44,928

CURRENT ASSETS
Debtors 12,354 15,974
Cash at bank 355,490 276,847
367,844 292,821
CREDITORS
Amounts falling due within one year 22,332 13,690
NET CURRENT ASSETS 345,512 279,131
TOTAL ASSETS LESS CURRENT
LIABILITIES

382,512

324,059

PROVISIONS FOR LIABILITIES 8,229 -
NET ASSETS 374,283 324,059

CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings 374,273 324,049
SHAREHOLDERS' FUNDS 374,283 324,059

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company 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 relating to financial statements, so far as applicable to the company.

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

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 30 November 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 August 2025 and were signed on its behalf by:





N Gull Hernandez - Director


NEVANET UK LTD (REGISTERED NUMBER: 12330332)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 30 November 2024


1. STATUTORY INFORMATION

Nevanet UK Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company 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 Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents IT Consultant services, excluding value added tax, performed during the year.

Turnover is recognised as the right to consideration arises and adjustments are made for accrued and deferred income.

Tangible fixed assets
Tangible fixed assets are stated at cost or valuation less accumulated depreciation. Cost includes costs directly attributable to making the asset capable of operating as intended by management.

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

Fixtures & fittings- 15% on cost
Motor vehicles- 15% on cost

Financial instruments
The company enters into basic financial instruments, which result in the recognition of financial assets and liabilities.Financial instruments are recognised at amortised cost. At the end of each reporting period financial instruments are assessed for evidence of impairment, and changes are recognised in profit or loss.

Taxation
Taxation for the year comprises current tax and deferred. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods.

Deferred tax represents the future tax consequences of material transactions and events recognised in the financial statements of current and previous periods.

Current and deferred tax assets and liabilities are not discounted and are recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

NEVANET UK LTD (REGISTERED NUMBER: 12330332)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 30 November 2024


4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 December 2023
and 30 November 2024 57,913
DEPRECIATION
At 1 December 2023 12,985
Charge for year 7,928
At 30 November 2024 20,913
NET BOOK VALUE
At 30 November 2024 37,000
At 30 November 2023 44,928

5. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

As at 30 November 2024, the company had loaned a director £3,046 (2023 - £167 owed to a director). This was the maximum amount owed during the year and was repaid within 9 months. No interest was charged on the loan.