Company Registration No. 10983439 (England and Wales)
NIVAC LIMITED
Unaudited accounts
for the year ended 30 September 2025
NIVAC LIMITED
Unaudited accounts
Contents
NIVAC LIMITED
Company Information
for the year ended 30 September 2025
Directors
Mathi Prakash
Priya Prakash
Company Number
10983439 (England and Wales)
Registered Office
124 City Road
London
EC1V 2NX
United Kingdom
NIVAC LIMITED
Statement of financial position
as at 30 September 2025
Investment property
335,000
335,000
Cash at bank and in hand
20,516
16,653
Creditors: amounts falling due within one year
(112,504)
(112,713)
Net current liabilities
(91,988)
(96,060)
Total assets less current liabilities
243,012
238,940
Creditors: amounts falling due after more than one year
(260,505)
(259,008)
Net liabilities
(17,493)
(20,068)
Called up share capital
100
100
Profit and loss account
(17,593)
(20,168)
Shareholders' funds
(17,493)
(20,068)
For the year ending 30 September 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 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.
The financial statements were approved by the Board of Directors and authorised for issue on 24 June 2026 and were signed on its behalf by
Mathi Prakash
Director
Company Registration No. 10983439
NIVAC LIMITED
Notes to the Accounts
for the year ended 30 September 2025
NIVAC LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10983439. The registered office is 124 City Road, London, EC1V 2NX, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
The turnover shown in the profit and loss account represents revenue recognised by the company in respect of goods and services supplied during the period, exclusive of Value Added Tax.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% on cost
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
NIVAC LIMITED
Notes to the Accounts
for the year ended 30 September 2025
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 October 2024
299
2,680
2,979
At 30 September 2025
299
2,680
2,979
At 1 October 2024
299
2,680
2,979
At 30 September 2025
299
2,680
2,979
At 30 September 2025
-
-
-
Fair value at 1 October 2024
335,000
At 30 September 2025
335,000
6
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
604
813
Other creditors
1,600
1,600
Loans from directors
109,724
109,724
7
Creditors: amounts falling due after more than one year
2025
2024
Bank loans
260,505
259,008
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Average number of employees
During the year the average number of employees was 0 (2024: 0).