Novadeal Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 03606516

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		6,560		7,725

			6,560		7,725
CURRENT ASSETS
Stocks	5	7,500		6,955
Debtors	6	3,711		1,970
Cash at bank and in hand		1,042		1,900

		12,253		10,825
Creditors: Amounts Falling Due Within One Year	7	(29,975 )		(33,215 )

NET CURRENT ASSETS (LIABILITIES)			(17,722 )		(22,390 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(11,162 )		(14,665 )

NET LIABILITIES			(11,162 )		(14,665 )

CAPITAL AND RESERVES
Called up share capital	8		2		2
Profit and Loss Account			(11,164 )		(14,667 )

SHAREHOLDERS' FUNDS			(11,162)		(14,665)

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Novadeal Limited

Balance Sheet (continued)

As At 31 July 2025

For the year ending 31 July 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 responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr G R Williams Director	Mrs K L Browne Director
20/04/2026

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Novadeal Limited Registered number 03606516 is a limited by shares company incorporated in England & Wales. The Registered Office is 38 Queen Street, Gravesend, Kent, DA12 2EE.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	20% on cost
Fixtures & Fittings	20% on cost
Computer Equipment	Over Three Years

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was:

	2025	2024
Office and administration	1	1
Sales, marketing and distribution	6	7

	7	8

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Novadeal Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 July 2025

4. Tangible Assets

	Plant & Machinery	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 August 2024	4,657	27,594	496	32,747
Additions	1,150	-	-	1,150

As at 31 July 2025	5,807	27,594	496	33,897

Depreciation
As at 1 August 2024	2,974	21,814	234	25,022
Provided during the period	567	1,583	165	2,315

As at 31 July 2025	3,541	23,397	399	27,337

Net Book Value
As at 31 July 2025	2,266	4,197	97	6,560

As at 1 August 2024	1,683	5,780	262	7,725

5. Stocks

	2025	2024
	£	£
Finished goods	7,500	6,955

6. Debtors

	2025	2024
	£	£
Due within one year
Prepayments and accrued income	3,711	1,970

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	12,731	9,224
Bank loans and overdrafts	2,111	-
Other taxes and social security	403	1,906
VAT	1,292	9,561
Accruals and deferred income	2,989	4,171
Directors' loan accounts	10,449	8,353

	29,975	33,215

8. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	2	2

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