Nueva Finance and Equity Consultants Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 08572965 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020

FOR

Nueva Finance and Equity Consultants Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

S C Green

M Jackson

REGISTERED OFFICE:

Sherwood House

41 Queens Road

Farnborough

Hants

GU14 6JP

REGISTERED NUMBER:

08572965 (England and Wales)

ACCOUNTANTS:

Jones & Co

Sherwood House

41 Queens Road

Farnborough

Hants

GU14 6JP

FIXED ASSETS

Tangible assets

4

1,576

1,970

CURRENT ASSETS

Debtors

5

17,297

21,027

Cash at bank

11

19

17,308

21,046

CREDITORS

Amounts falling due within one year

6

3,708

22,806

NET CURRENT ASSETS/(LIABILITIES)

13,600

(1,760

)

TOTAL ASSETS LESS CURRENT LIABILITIES

15,176

210

CREDITORS

Amounts falling due after more than one year

7

25,650

-

NET (LIABILITIES)/ASSETS

(10,474

)

210

CAPITAL AND RESERVES

Called up share capital

4

4

Retained earnings

(10,478

)

206

SHAREHOLDERS' FUNDS

(10,474

)

210

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2020 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 September 2021 and were signed on its behalf by:

S C Green - Director

1.	STATUTORY INFORMATION

Nueva Finance and Equity Consultants Ltd 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 represents the invoiced sales of services outside the scope of value added tax and is recognised when transactions are completed.

Tangible fixed assets

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

Office equipment

-

20% on reducing balance

Taxation

Taxation for the year comprises current tax recognised as 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 not recognised in respect of any timing differences that have originated but not reversed at the balance sheet date as the amount is not considered to be material.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2019 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Office

equipment

£

COST

At 1 January 2020

and 31 December 2020

4,887

DEPRECIATION

At 1 January 2020

2,917

Charge for year

394

At 31 December 2020

3,311

NET BOOK VALUE

At 31 December 2020

1,576

At 31 December 2019

1,970

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.20

31.12.19

£

£

Other debtors

17,297

21,027

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.20

31.12.19

£

£

Bank loans and overdrafts

1,350

-

Taxation and social security

1,026

3,456

Other creditors

1,332

19,350

3,708

22,806

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.20

31.12.19

£

£

Bank loans

25,650

-

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

4,050

-