REGISTERED NUMBER: 12851940 (England and Wales)

NUVO DAWLISH LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr M S Bains

Mrs J K Bains

REGISTERED OFFICE:

4 Gillingham Way

Radford Semele

Leamington Spa

CV31 1WN

REGISTERED NUMBER:

12851940 (England and Wales)

ACCOUNTANTS:

Shah & Co (Accountants) Ltd

Chartered Certified Accountants

Cash's Business Centre

1st Floor

228 Widdrington Road

Coventry

West Midlands

CV1 4PB

FIXED ASSETS

Intangible assets

4

278,357

295,754

Tangible assets

5

53,152

16,967

331,509

312,721

CURRENT ASSETS

Stocks

6

5,245

5,170

Debtors

7

56,674

24,445

Cash at bank and in hand

86,710

88,078

148,629

117,693

CREDITORS

Amounts falling due within one year

8

(387,864

)

(437,254

)

NET CURRENT LIABILITIES

(239,235

)

(319,561

)

TOTAL ASSETS LESS CURRENT LIABILITIES

92,274

(6,840

)

PROVISIONS FOR LIABILITIES

(13,288

)

(4,121

)

NET ASSETS/(LIABILITIES)

78,986

(10,961

)

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

10

78,886

(11,061

)

SHAREHOLDERS' FUNDS

78,986

(10,961

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

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

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:

Mr M S Bains - Director

1.	STATUTORY INFORMATION

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

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2021, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Plant and machinery etc

-

15% on reducing balance

Stocks

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

Taxation

Taxation for the year comprises current and deferred tax. 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 or deferred taxation assets and liabilities are not discounted.

Current tax is 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2024 - 8 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

347,946

AMORTISATION

At 1 April 2024

52,192

Charge for year

17,397

At 31 March 2025

69,589

NET BOOK VALUE

At 31 March 2025

278,357

At 31 March 2024

295,754

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

22,033

Additions

44,615

At 31 March 2025

66,648

DEPRECIATION

At 1 April 2024

5,066

Charge for year

8,430

At 31 March 2025

13,496

NET BOOK VALUE

At 31 March 2025

53,152

At 31 March 2024

16,967

6.

STOCKS

31.3.25

31.3.24

£

£

Stocks

5,245

5,170

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

14,763

24,445

Other debtors

41,911

-

56,674

24,445

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

25,732

30,042

UDA Shortfall

-

80,963

Trade creditors

29,861

24,259

ASM&D ltd

39,941

30,940

Amounts owed to participating interests

233,458

233,458

Tax

33,609

13,764

Social security and other taxes

511

3,471

Other creditors

-

537

Directors' current accounts

19,352

14,420

Accrued expenses

5,400

5,400

387,864

437,254

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

100

Ordinary

1

100

100

10.

RESERVES

Retained

earnings

£

At 1 April 2024

(11,061

)

Profit for the year

110,447

Dividends

(20,500

)

At 31 March 2025

78,886

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Included within other creditors , the amount owed to Dr M Bains is £19,352 (2024 £14,420). The loan is unsecured and interest free with no set terms for repayment.

12.	RELATED PARTY TRANSACTIONS

The company operated a loan account with B & M Capital Limited.

The amount owed to B & M Capital Limed at 31 March 2024 was £233,458