REGISTERED NUMBER: 08727411 (England and Wales)

Financial Statements for the Year Ended 30 June 2025

for

Nova (Kent) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M S White

Mrs N F White

REGISTERED OFFICE:

Mindora Heights

Mill Lane

Harbledown

Canterbury

Kent

CT2 8NG

REGISTERED NUMBER:

08727411 (England and Wales)

ACCOUNTANTS:

A.K & Co (Accountancy Services) Ltd

19 Victoria Terrace

Hove

East Sussex

BN3 2WB

FIXED ASSETS

Intangible assets

4

56,436

56,907

Tangible assets

5

215

430

Investments

6

1,923,022

-

1,979,673

57,337

CURRENT ASSETS

Stocks

859,061

1,002,238

Debtors

7

134,735

326,475

Cash at bank

96,837

1,501,629

1,090,633

2,830,342

CREDITORS

Amounts falling due within one year

8

2,260,390

3,235,936

NET CURRENT LIABILITIES

(1,169,757

)

(405,594

)

TOTAL ASSETS LESS CURRENT LIABILITIES

809,916

(348,257

)

PROVISIONS FOR LIABILITIES

41

82

NET ASSETS/(LIABILITIES)

809,875

(348,339

)

CAPITAL AND RESERVES

Called up share capital

9

10

10

Retained earnings

809,865

(348,349

)

SHAREHOLDERS' FUNDS

809,875

(348,339

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 20 August 2025 and were signed on its behalf by:

Mrs N F White - Director

1.	STATUTORY INFORMATION

Nova (Kent) 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.

Tangible fixed assets

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

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.

Intangible assets

The mooring lease intangible asset is amortised over the 125 year life of the lease.

3.	EMPLOYEES AND DIRECTORS

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

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 July 2024

and 30 June 2025

58,788

AMORTISATION

At 1 July 2024

1,881

Charge for year

471

At 30 June 2025

2,352

NET BOOK VALUE

At 30 June 2025

56,436

At 30 June 2024

56,907

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 July 2024

and 30 June 2025

1,075

DEPRECIATION

At 1 July 2024

645

Charge for year

215

At 30 June 2025

860

NET BOOK VALUE

At 30 June 2025

215

At 30 June 2024

430

6.	FIXED ASSET INVESTMENTS

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed by group undertakings

12,000

12,000

Other debtors

96,459

285,872

Quayside Properties Limited

(883

)

(883

)

Standard Quay Tearoom

238

238

Western Heights

87

87

Abbey Wharf Man

240

-

VAT

1,819

3,211

Prepayments

24,775

25,950

134,735

326,475

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

728

2,698

Tax

14,453

1,482

Abbey Road Developments

-

729,483

Kent Properties Limited

13,090

12,510

Creekside Developments (Faversham) Limited

2,420,282

2,420,282

MW Leasing

(189,413

)

-

Directors' current accounts

-

69,081

Accrued expenses

1,250

400

2,260,390

3,235,936

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

10

Ordinary

£1

10

10

10.	RELATED PARTY DISCLOSURES

The company was owed £883 (2024: £883) by Quayside Properties (Faversham) Limited, a company under joint ownership as at 30.06.2025.

The company owed £2,420,282 (2024: £2,420,282 to Creekside Developments (Faversham) Limited, a company under joint ownership as at 30.06.2025..

The company owed £13,089 (2024: £12,509) to Kent Properties Limited, a company under joint ownership as at 30.06.2025.

The company was owed £12,000 (2024: £12,000) from Creekside 2020 Limited, a company under joint ownership as at 30.06.2025.

11.	ULTIMATE CONTROLLING PARTY

The controlling party is Mrs N F White.