REGISTERED NUMBER: 14358898 (England and Wales)

Nova Summits Limited

Unaudited Financial Statements for the Year Ended 30 September 2025

Page

Company Information

1

Abridged Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTOR:

R Anderson

REGISTERED OFFICE:

4 King Square

Bridgwater

Somerset

TA6 3YF

REGISTERED NUMBER:

14358898 (England and Wales)

ACCOUNTANTS:

Maxwells

Chartered Accountants

4 King Square

Bridgwater

Somerset

TA6 3YF

BANKERS:

Revolut

7 Westferry Circus

London

E14 4HD

FIXED ASSETS

Intangible assets

5

17,062

13,359

CURRENT ASSETS

Debtors

1,799

40,523

Cash at bank and in hand

63,572

76,682

65,371

117,205

CREDITORS

Amounts falling due within one year

25,069

59,998

NET CURRENT ASSETS

40,302

57,207

TOTAL ASSETS LESS CURRENT LIABILITIES

57,364

70,566

CAPITAL AND RESERVES

Called up share capital

6

300

300

Retained earnings

57,064

70,266

SHAREHOLDERS' FUNDS

57,364

70,566

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

All the members have consented to the preparation of an abridged Statement of Financial Position for the year ended 30 September 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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

The financial statements were approved by the director and authorised for issue on 8 December 2025 and were signed by:

R Anderson - Director

1.	STATUTORY INFORMATION

Nova Summits 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.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

The financial statements have been prepared in accordance with applicable accounting standards and estimation techniques.

Turnover

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

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.

Computer software is being amortised evenly over its estimated useful life of 6.67 years.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 1 ) .

5.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1 October 2024

15,717

Additions

20,073

Disposals

(15,717

)

At 30 September 2025

20,073

AMORTISATION

At 1 October 2024

2,358

Amortisation for year

3,011

Eliminated on disposal

(2,358

)

At 30 September 2025

3,011

NET BOOK VALUE

At 30 September 2025

17,062

At 30 September 2024

13,359

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.25

30.9.24

value:

£

£

100

'A' Ordinary

£1

100

100

100

'C' Ordinary

£1

100

100

200

200

Allotted and issued:

Number:

Class:

Nominal

30.9.25

30.9.24

value:

£

£

100

Share capital 2

£1

100

100

All classes of shares rank pari passu in all respects.

7.	ULTIMATE CONTROLLING PARTY

The company was controlled throughout the period/year by it's directors Ryan Anderson and William R Austin by virtue of the fact that they own 57% of the issued share capital.