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# NEVADIC LIMITED

## Company Registration Number:
13107599 (England and Wales)

## Unaudited statutory accounts for the year ended 31 December 2024

## Period of accounts

## Start date: 01 January 2024

## End date: 31 December 2024

# NEVADIC LIMITED

## Contents of the Financial Statements

for the Period Ended 31 December 2024

Company Information - 3 |
Report of the Directors - 4 |
Profit and Loss Account - 5 |
Balance sheet - 6 |
Additional notes - 8 |
Balance sheet notes - 11 |

# NEVADIC LIMITED

## Company Information

for the Period Ended 31 December 2024

Director: |  | Glory Chiamaka Nnadozie
|  | Dave Chibuike Nwosu
|  | Ibironke Olayemi Iyanda
|  | Moses Uba Osunwoke
|  | Nduka Nnamdi Ekere
Registered office: |  | Crawford House, 2 Gwent Street Liverpool England L8 8DN
Company Registration Number: |  | 13107599 (England and Wales)

# NEVADIC LIMITED

## Directors' Report Period Ended 31 December 2024

The directors present their report with the financial statements of the company for the period ended 31 December 2024

Directors

The directors shown below have held office during the whole of the period from 01 January 2024 to 31 December 2024
Glory Chiamaka Nnadozie
Dave Chibuike Nwosu

The director(s) shown below were appointed to the company during the period
Ibironke Olayemi Iyanda
16 August 2024
Moses Uba Osunwoke
02 August 2024
Nduka Nnamdi Ekere
06 August 2024

The director(s) shown below resigned during the period
Nduka Nnamdi Ekere
31 August 2024

This report was approved by the board of directors on 2 September 2025
And Signed On Behalf Of The Board By:

Name: Glory Chiamaka Nnadozie
Status: Director

# NEVADIC LIMITED

## Profit and Loss Account

for the Period Ended 31 December 2024

| Notes | 2024 £ | 2023 £
--- | --- | --- | ---
Cost of sales |  | ( 2,604 ) | -
Gross Profit or (Loss) |  | ( 2,604 ) | -
Distribution Costs |  | ( 0 ) | ( 0 )
Administrative Expenses |  | ( 846 ) | ( 15,929 )
Operating Profit or (Loss) |  | ( 3,450 ) | ( 15,929 )
Profit or (Loss) Before Tax |  | ( 3,450 ) | ( 15,929 )
Profit or (Loss) for Period |  | ( 3,450 ) | ( 15,929 )

The notes form part of these financial statements

# NEVADIC LIMITED

## Balance sheet

As at 31 December 2024

| Notes | 2024 £ | 2023 £
--- | --- | --- | ---
Fixed assets
Tangible assets: | 4 | 0 | 1,323
Total fixed assets: |  | 0 | 1,323
Current assets
Cash at bank and in hand: |  | 8,807 | 6,450
Total current assets: |  | 8,807 | 6,450
Prepayments and accrued income: |  | 0 | 1,298
Creditors: amounts falling due within one year: | 5 | ( 8,488 ) | ( 0 )
Net current assets (liabilities): |  | 319 | 7,748
Total assets less current liabilities: |  | 319 | 9,071
Total net assets (liabilities): |  | 319 | 9,071

The notes form part of these financial statements

# NEVADIC LIMITED

## Balance sheet continued

As at 31 December 2024

| Notes | 2024 £ | 2023 £
--- | --- | --- | ---
Capital and reserves
Called up share capital: |  | 3,769 | 9,071
Profit and loss account: |  | ( 3,450 ) |
Shareholders funds: |  | 319 | 9,071

For the year ending 31 December 2024 the company was entitled to exemption 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.

This report was approved by the board of directors on 2 September 2025
And Signed On Behalf Of The Board By:

Name: Glory Chiamaka Nnadozie
Status: Director

The notes form part of these financial statements

# NEVADIC LIMITED

## Notes to the Financial Statements

for the Period Ended 31 December 2024

- ## 1. Accounting policies

  Basis of measurement and preparation

  These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

# NEVADIC LIMITED

## Notes to the Financial Statements

for the Period Ended 31 December 2024

- ## 2. Employees

  | 2024 | 2023
  --- | --- | ---
  Average number of employees during the period | 0 | 0

  No employee within the financial period.

# NEVADIC LIMITED

## Notes to the Financial Statements

for the Period Ended 31 December 2024

- ## 3. Off balance sheet disclosure

  No

# NEVADIC LIMITED

## Notes to the Financial Statements

for the Period Ended 31 December 2024

## 4. Tangible assets

| Office equipment | Total
--- | --- | ---
Cost | £ | £
At 01 January 2024 | 1,323 | 1,323
Additions | 0 | 0
Disposals | ( 0 ) | ( 0 )
Revaluations | ( 1,323 ) | ( 1,323 )
Transfers | - | -
At 31 December 2024 | 0 | 0
Depreciation |  |
At 01 January 2024 | - | -
Charge for year | - | -
On disposals | - | -
Other adjustments | - | -
At 31 December 2024 | - | -
Net book value |  |
At 31 December 2024 | 0 | 0
At 31 December 2023 | 1,323 | 1,323

# NEVADIC LIMITED

## Notes to the Financial Statements

for the Period Ended 31 December 2024

## 5.Creditors: amounts falling due within one year note

| 2024 £ | 2023 £
--- | --- | ---
Bank loans and overdrafts | 0 | 0
Amounts due under finance leases and hire purchase contracts | 0 | 0
Trade creditors | 0 | 0
Taxation and social security | 0 | 0
Accruals and deferred income | 0 | 0
Other creditors | 8,488 |
Total | 8,488 | 0

These were funds received for Nevadic Limited (Nigeria) via Innovate UK Grant lead Partner ( Aceon Battery Solar Technology Ltd) and disbursed in favour of Nevadic Limited ( Nigeria) - Balance -£8,488