ACCOUNTS - Final Accounts

NVE INSPECTIONS LIMITED - Company Information

Caseware UK (AP4) 2021.0.152 2021.0.152 2022-02-282022-02-28false12021-03-011truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 06102417 2021-03-01 2022-02-28 06102417 2020-03-01 2021-02-28 06102417 2022-02-28 06102417 2021-02-28 06102417 c:Director1 2021-03-01 2022-02-28 06102417 d:CurrentFinancialInstruments 2022-02-28 06102417 d:CurrentFinancialInstruments 2021-02-28 06102417 d:CurrentFinancialInstruments d:WithinOneYear 2022-02-28 06102417 d:CurrentFinancialInstruments d:WithinOneYear 2021-02-28 06102417 d:ShareCapital 2022-02-28 06102417 d:ShareCapital 2021-02-28 06102417 d:RetainedEarningsAccumulatedLosses 2022-02-28 06102417 d:RetainedEarningsAccumulatedLosses 2021-02-28 06102417 c:OrdinaryShareClass1 2021-03-01 2022-02-28 06102417 c:OrdinaryShareClass1 2022-02-28 06102417 c:OrdinaryShareClass1 2021-02-28 06102417 c:FRS102 2021-03-01 2022-02-28 06102417 c:AuditExempt-NoAccountantsReport 2021-03-01 2022-02-28 06102417 c:FullAccounts 2021-03-01 2022-02-28 06102417 c:PrivateLimitedCompanyLtd 2021-03-01 2022-02-28 06102417 6 2021-03-01 2022-02-28 06102417 d:ShareCapitalOtherShareTypes 2022-02-28 06102417 d:ShareCapitalOtherShareTypes 2021-02-28 06102417 d:CostValuation 2022-02-28 06102417 d:CostValuation 2021-02-28 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 06102417

NVE INSPECTIONS LIMITED

UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2022


NVE INSPECTIONS LIMITED REGISTERED NUMBER:06102417

BALANCE SHEET

AS AT 28 FEBRUARY 2022


	2022	2021
Note	£	£

Fixed assets
Investments	4		100		100
			100		100
Current assets
Debtors: amounts falling due within one year	5	90,448		110,177
		90,448		110,177
Creditors: amounts falling due within one year	6	(63,254)		(82,835)
Net current assets			27,194		27,342
Total assets less current liabilities			27,294		27,442

Net assets			27,294		27,442

Capital and reserves
Called up share capital	7	1	1
Profit and loss account		27,293	27,441
		27,294	27,442

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NVE INSPECTIONS LIMITED REGISTERED NUMBER:06102417

BALANCE SHEET (CONTINUED)

AS AT 28 FEBRUARY 2022

The director considers that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

I McAndrew

Director

Date: 23 February 2023

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NVE INSPECTIONS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2022

1.	General information

NVE Inspections Limited is a private company, limited by shares, registered in England and Wales, registration number 06102417. The registered office address is Elsley Court, 20-22 Great Titchfield Street, London, W1W 8BE.

The principal activity of the company is a holding company.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of the Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

2.2

Functional and presentation currency

The company's functional and presentational currency is pound sterling.

2.3

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

2.4

Debtors

Short-term debtors are measured at transaction price, less any impairment.

2.5

Creditors

Short-term creditors are measured at the transaction price.

2.6

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities such as other debtors and creditors, and loans with related parties.

Employees

The average monthly number of employees, including the director, during the year was 1 (2021 - 1).

4.	Fixed asset investments

		Investments in a subsidiary company
		£
	Cost
	At 1 March 2021	100
	At 28 February 2022	100

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NVE INSPECTIONS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2022

Debtors

					2022	2021
					£	£


Other debtors	90,448	110,177

6.	Creditors: amounts falling due within one year
		2022	2021
		£	£

Amounts owed to group undertaking	63,106	82,526
Other taxation and social security	148	309
	63,254	82,835

7.	Share capital
		2022	2021
		£	£

Authorised, allotted, called up and fully paid

1 (2021 - 1) Ordinary share of £1.00	1	1

The ordinary share has attached to it full voting, dividend and capital distribution (including on winding up) rights. It does not confer any rights of redemption.

8.	Transactions with the director

During the year, the company advanced £124,430 (2021 - £134,490) to the director. The director repaid £144,159 (2021 - £648,557) to the company in the year.

As at the year end, director owed £90,448 (2021 - £110,177) to the company. The loan is unsecured, interest free and repayable on demand.

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