Company Registration No. 08565528 (England and Wales)
Nevis Associates Limited
Unaudited accounts
for the year ended 11 December 2024
Nevis Associates Limited
Unaudited accounts
Contents
Nevis Associates Limited
Company Information
for the year ended 11 December 2024
Directors
Romen Bose
Brigid Catherine Bose
Company Number
08565528 (England and Wales)
Registered Office
17 Coed Pengam
Lisvane
Cardiff
South Glamorgan
CF14 0AU
Wales
Accountants
Orchard Davies Ltd
17 Coed Pengam
Lisvane
Cardiff
South Glamorgan
CF14 0AU
Nevis Associates Limited
Statement of financial position
as at 11 December 2024
Tangible assets
7,967
10,623
Cash at bank and in hand
198,424
206,128
Creditors: amounts falling due within one year
(185,532)
(256,106)
Net current assets
20,520
115,457
Total assets less current liabilities
62,654
126,080
Provisions for liabilities
Deferred tax
(3,587)
(3,587)
Called up share capital
2
2
Profit and loss account
59,065
122,491
Shareholders' funds
59,067
122,493
For the year ending 11 December 2024 the company was entitled to exemption from audit 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 10 September 2025 and were signed on its behalf by
Romen Bose
Director
Company Registration No. 08565528
Nevis Associates Limited
Notes to the Accounts
for the year ended 11 December 2024
Nevis Associates Limited is a private company, limited by shares, registered in England and Wales, registration number 08565528. The registered office is 17 Coed Pengam, Lisvane, Cardiff, South Glamorgan, CF14 0AU, Wales.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% on Cost
Motor vehicles
25% on Cost
Fixtures & fittings
25% Reducing Balance
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Nevis Associates Limited
Notes to the Accounts
for the year ended 11 December 2024
Investments comprise a Business Loan of £17,500 and an investment in Shares of a Non-listed company and are included at fair value.
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 12 December 2023
20,801
69,226
60,035
150,062
At 11 December 2024
20,801
69,226
60,035
150,062
At 12 December 2023
20,801
69,226
49,412
139,439
Charge for the year
-
-
2,656
2,656
At 11 December 2024
20,801
69,226
52,068
142,095
At 11 December 2024
-
-
7,967
7,967
At 11 December 2023
-
-
10,623
10,623
5
Investments
Other investments
Valuation at 12 December 2023
-
Valuation at 11 December 2024
34,167
Amounts falling due within one year
Other debtors
7,628
165,435
7
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
5,494
5,494
Other creditors
80,000
100,000
Loans from directors
93,564
144,138
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).