NOVA ALUMINIUM SYSTEMS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

P T Harvey

B R Harvey

J P Harvey

SECRETARY:

P T Harvey

REGISTERED OFFICE:

11 Lawfords Gate

St Judes

Bristol

BS2 0DY

REGISTERED NUMBER:

04994857 (England and Wales)

FIXED ASSETS

Tangible assets

4

765,908

713,072

CURRENT ASSETS

Stocks

463,522

536,249

Debtors

5

590,452

700,746

Cash at bank and in hand

2,393,803

2,326,176

3,447,777

3,563,171

CREDITORS

Amounts falling due within one year

6

982,695

1,175,644

NET CURRENT ASSETS

2,465,082

2,387,527

TOTAL ASSETS LESS CURRENT LIABILITIES

3,230,990

3,100,599

CREDITORS

Amounts falling due after more than one year

7

(129,062

)

(82,565

)

PROVISIONS FOR LIABILITIES

(87,620

)

(70,792

)

NET ASSETS

3,014,308

2,947,242

CAPITAL AND RESERVES

Called up share capital

754

754

Capital redemption reserve

751

751

Retained earnings

3,012,803

2,945,737

SHAREHOLDERS' FUNDS

3,014,308

2,947,242

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 June 2026 and were signed on its behalf by:

P T Harvey - Director

1.	STATUTORY INFORMATION

Nova Aluminium Systems 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.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Turnover

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

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Long leasehold - over the period of the lease

Plant & machinery - 1 to 5 years on a straight line basis

Stocks

Stock and work in progress are valued at the lower of cost or net realisable value, after making due allowance for obsolete and slow moving items.

Cost includes all direct expenditure.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Hire purchase and leasing agreements

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 50 (2024 - 50 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 January 2025

511,224

1,044,416

1,555,640

Additions

-

203,521

203,521

Disposals

-

(101,228

)

(101,228

)

At 31 December 2025

511,224

1,146,709

1,657,933

DEPRECIATION

At 1 January 2025

107,957

734,611

842,568

Charge for year

12,875

131,695

144,570

Eliminated on disposal

-

(95,113

)

(95,113

)

At 31 December 2025

120,832

771,193

892,025

NET BOOK VALUE

At 31 December 2025

390,392

375,516

765,908

At 31 December 2024

403,267

309,805

713,072

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

406,920

582,521

Other debtors

178,549

118,225

Directors' current accounts

4,983

-

590,452

700,746

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Hire purchase contracts

83,367

49,913

Trade creditors

455,923

640,758

Tax

134,033

100,454

Social security and other taxes

208,747

219,248

Other creditors

12,053

63,739

Accrued expenses

88,572

101,532

982,695

1,175,644

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts

129,062

82,565

8.	OTHER FINANCIAL COMMITMENTS

At the balance sheet date the company had total commitments under rental agreements over the remaining life of those agreements of £1,394,721 (2024 - £1,581,316)