2024-02-01 2025-01-31 13152989 NOVA REALTY LTD false 13152989 2024-02-01 2025-01-31 13152989 uk-bus:Director1 2024-02-01 2025-01-31 13152989 uk-bus:AuditExempt-NoAccountantsReport 2024-02-01 2025-01-31 13152989 uk-bus:SmallEntities 2024-02-01 2025-01-31 13152989 uk-bus:FullAccounts 2024-02-01 2025-01-31 13152989 uk-bus:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 13152989 2024-02-01 13152989 2025-01-31 13152989 2024-01-31 xbrli:pure iso4217:GBP 13152989 2023-02-01 2024-01-31
Company Registration Number : 13152989 (England and Wales)
13152989
This company is a private limited company
This company sells stuff to other companies
The company was trading for the entire period
Full Accounts
2025-01-31
false
NOVA REALTY LTD
The accounts were prepared in accordance with FRS102A
The accounts have been audited
2024-02-01
NOVA REALTY LTD
Unaudited filleted financial statements
For the year ended 31 January 2025
NOVA REALTY LTD
Contents
For the year ended 31 January 2025
CONTENTS PAGE
Company Information 3
Statement of Financial Position 4
Notes to the Financial Statements 5 - 6


NOVA REALTY LTD
Company Information
For the year ended 31 January 2025
Company registration number 13152989 (England and Wales)
Directors Mehul Chandrakant Shah
Tejal Mehul Shah
Registered office address 54 Rochford Avenue
Romford
Essex
United Kingdom
RM6 5DD
Accountant DNS Accountants
Chartered Accountants
382 Kenton Road
Harrow, Middlesex
HA3 8DP
NOVA REALTY LTD
Statement of Financial Position
For the year ended 31 January 2025
2025 2024
Notes £ £
Fixed assets
Property, plant and equipment 5,367 -
Investment Property 875,000 815,572
880,367 815,572
Current assets
Debtors 851 760
Cash and cash equivalents 6,916 2,142
7,766 2,902
Current liabilities
Creditors: Amounts falling due within one year (207,083) (279,065)
(207,083) (279,065)
Net current (liabilities)/assets (199,317) (276,163)
Total assets less current liabilities 681,050 539,409
Non-current liabilities
Creditors: Amounts falling due after more than one year (607,158) (516,318)
Provisions for liabilities (19,306) (7,307)
Net assets/(liabilities) 54,587 15,784
Capital and reserves
Called up share capital 100 100
Retained earnings 54,487 15,684
Shareholder's funds 54,587 15,784
For the year ended 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
The directors have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibility for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the special provisions of the Companies Act 2006 applicable to companies subject to the small companies' regime and in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A.
The profit and loss account has not been delivered to the Registrar of Companies in accordance with the special provisions applicable to companies subject to the small entities regime. All the members of the company have consented to the drawing up of the abridged balance sheet.
  • For the year ended 31 January 2025 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 responsibility for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared 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.
Approved by the Board on 23 October 2025
.............................
Mehul Chandrakant Shah (Director)
Company registration number: 13152989
/* == Copy of Frs105 Balance Sheet for XML COntent ============================================================ */
Balance sheet at 2025-01-31 31 January 2025
2025 2024
£ £
Fixed Assets 880,367 815,572
Current Assets 6,916 2,142
Prepayments and accrued income 851 760
Creditors: amounts falling due within one year (207,083) (279,065)
Net current assets/(liabilities) (199,317) (276,163)
Total assets less current liabilities 681,050 539,409
CREDITORS: Amounts falling due more than one year (607,158) (516,318)
Provisions for liabilities (19,306) (7,307)
Net Assets/(liabilities) 54,587 15,784
Capital and Reserves 54,587 15,784
For the year ending 31/01/2025 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. For the year ending 31-01-2025 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 for the year in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. 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 in accordance with the small companies provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Approved by the board of directors on 23 October 2025 2025-10-23 and signed on behalf of the board,
.............................
Mehul Chandrakant Shah
Director
Company registration number: 13152989
NOVA REALTY LTD
Notes to the Financial Statements
For the year ended 31 January 2025
(1) General Information
The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is 54 Rochford Avenue, Romford, Essex, United Kingdom, RM6 5DD.

(2) Statement of compliance
These individual financial statements have been prepared in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A and Companies Act 2006, as applicable to companies subject to the small companies' regime.

(3) Significant Accounting Policies
Basis of Preparation
The financial statements have been prepared on the historical cost basis and in accordance with the Companies Act 2006. The presentation and functional currency of the company is pounds sterling. The financial statements are presented in pound units (£) unless stated otherwise.
Rental income
Rental income from operating leases are recognised on a straight-line basis over the term of the relevant lease. Rental Income is included within other income from fixed assets.
Borrowing costs
All borrowing related costs are included within the statement of income in the period in which they are incurred using the effective interest method.
Taxation
Taxation expense represents the aggregate amount of current tax and deferred tax recognised in the reporting period.
Deferred Tax
A deferred tax asset or liability is recognised for tax recoverable or payable in future periods in respect of transactions and events recognised in the financial statements of current and previous periods.

Deferred tax arises from timing differences that are differences between taxable profits and total comprehensive income as stated in the financial statements. Timing differences result from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in the financial statements.

Deferred tax is recognised on all timing differences at the reporting date apart from certain exceptions. Unrelieved tax losses and other deferred tax assets are only recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax liabilities and assets are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.
Investment Properties
nvestment property is revalued to its fair value at each reporting date and any changes in fair value are recognized in profit or
loss. If a reliable measure of fair value is no longer available without undue cost or effort for an item of investment property, it
shall be transferred to tangible assets and treated as such until it is expected that fair value will be reliably measurable on an
ongoing basis.

(4) Employees
During the year, the average number of employees including director was 0 (2024 : 0).

(5) Investment Properties
These financial statements for the year ended 31 January 2025 are the financial statements of the company prepared in accordance FRS 102 1a "The Financial Reporting Standard applicable in the UK and Republic of Ireland". The property is being measured at a fair value under FRS 102 1a and there are fair value gains of £59,428 accounted during the year, deferred tax of £11,998 considered upon it.

(6) Creditors > 1 year (Mortgage Loans)
The mortgage loans are secured on the Investment property.