Company Registration No. 14358626 (England and Wales)
NICOVAS LTD
Unaudited accounts
for the year ended 31 December 2025
NICOVAS LTD
Unaudited accounts
Contents
NICOVAS LTD
Company Information
for the year ended 31 December 2025
Company Number
14358626 (England and Wales)
Registered Office
Flat 3
17 Canning Crescent
London
N22 5SR
NICOVAS LTD
Statement of financial position
as at 31 December 2025
Investment property
988,285
847,185
Cash at bank and in hand
4,526
1,127
Creditors: amounts falling due within one year
(17,149)
(6,523)
Net current liabilities
(12,623)
(5,396)
Total assets less current liabilities
975,662
841,789
Creditors: amounts falling due after more than one year
(919,506)
(822,407)
Called up share capital
100
100
Profit and loss account
56,056
19,282
Shareholders' funds
56,156
19,382
For the year ending 31 December 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 director acknowledges his 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 and authorised for issue on 21 September 2026 and were signed on its behalf by
Vasos Nicolaou
Director
Company Registration No. 14358626
NICOVAS LTD
Notes to the Accounts
for the year ended 31 December 2025
NICOVAS LTD is a private company, limited by shares, registered in England and Wales, registration number 14358626. The registered office is Flat 3, 17 Canning Crescent, London, N22 5SR.
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.
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.
No provision was found to be necessary for the year ended 31 December 2025.
Fair value at 1 January 2025
847,185
At 31 December 2025
988,285
Investment property comprise of property held for long term rental yields and for capital appreciation and is not occupied by the company.
5
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
13,149
4,523
6
Creditors: amounts falling due after more than one year
2025
2024
Other creditors
919,506
822,407
NICOVAS LTD
Notes to the Accounts
for the year ended 31 December 2025
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).