NV GLOBAL LIMITED

NV GLOBAL LIMITED
Statement of Financial Position
As at 31 March 2025

	Notes	2025 £	2024 £
Fixed assets
Intangible fixed assets	3	2,035	669
Tangible fixed assets	4	14,745	4,306
Investments	5	144,000	161,425
		160,780	166,400
Current assets
Debtors		62,963	14,560
Cash at bank and in hand		173,492	1,615,435
		236,455	1,629,995
Creditors: amount falling due within one year		(447,102)	(900,671)
Net current assets		(210,647)	729,324

Total assets less current liabilities		(49,867)	895,724
Creditors: amount falling due after more than one year		991,868	(223,329)
Provisions for liabilities		(729)	(729)
Net assets		941,272	671,666

Capital and reserves
Called up share capital	6	100	100
Profit and loss account		941,172	671,566
Shareholders' funds		941,272	671,666

For the year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the director on 30 December 2025 and were signed by:

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Neeraj Bajaj
Director

NV GLOBAL LIMITED
Notes to the Abridged Financial Statements
For the year ended 31 March 2025

General Information

NV GLOBAL LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11775956, registration address 1st Floor, Wellesley House, 98-102 Cranbrook Road, Ilford, Essex, IG1 4NH.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Website cost

Planning and operating costs for the company's website are charged to the income statement as incurred.

Foreign currencies

Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rate of exchange ruling at the statement of financial position date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All foreign exchange differences are included to the income statement.

Deferred taxation

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date 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.
Current and deferred tax assets and liabilities are not discounted.

Trade Mark
Trade Mark is stated at cost less amortization. Amortization is calculated on a straight line basis over the estimated expected useful economic life of the Trade Mark of 10 years.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Motor Vehicles	20% Reducing Balance
Fixtures and Fittings	20% Reducing Balance
Computer Equipment	20% Reducing Balance

Fixed asset investments

Fixed asset investments are stated at cost less provision for any permanent diminution in value.

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.

2.	Average number of employees Average No of Employees Two in current year. Average number of employees during the year was 2 (2024 : 2).

Intangible fixed assets

Cost	Trademark	Total
	£	£
At 01 April 2024	1,166	1,166
Additions	1,576	1,576
Disposals	-	-
At 31 March 2025	2,742	2,742
Amortisation
At 01 April 2024	497	497
Charge for year	210	210
On disposals	-	-
At 31 March 2025	707	707
Net book values
At 31 March 2025	2,035	2,035
At 31 March 2024	669	669

Tangible fixed assets

Cost or valuation	Motor Vehicles	Fixtures and Fittings	Computer Equipment	Total
	£	£	£	£
At 01 April 2024	-	183	5,414	5,597
Additions	7,500	-	5,087	12,587
Disposals	-	-	-	-
At 31 March 2025	7,500	183	10,501	18,184
Depreciation
At 01 April 2024	-	73	1,218	1,291
Charge for year	750	22	1,376	2,148
On disposals	-	-	-	-
At 31 March 2025	750	95	2,594	3,439
Net book values
Closing balance as at 31 March 2025	6,750	88	7,907	14,745
Opening balance as at 01 April 2024	-	110	4,196	4,306

Investments

Cost	Other investments other than loans	Total
	£	£
At 01 April 2024	-	-
Additions	-	-
Disposals	144,000	144,000
At 31 March 2025	144,000	144,000

Share Capital

Authorised
100 Class A shares of £1.00 each

Allotted, called up and fully paid	2025 £		2024 £
100 Class A shares of £1.00 each	100		100
	100		100

7.	Directors Loan Director Mr. Neeraj Bajaj has given a loan of £200,000 to the company on 23rd May 2019.

Registered Number: 11775956
England and Wales
NV GLOBAL LIMITED

Abridged Accounts

Period of accounts Start date: 01 April 2024 End date: 31 March 2025