NOVAHEIGHTS LIMITED

NOVAHEIGHTS LIMITED

NOVAHEIGHTS LIMITED - Company Information

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NOVAHEIGHTS LIMITED

Company Registration Number:
01848280 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2017

Period of accounts

Start date: 01 January 2017

End date: 31 December 2017

NOVAHEIGHTS LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2017

Balance sheet
Notes

NOVAHEIGHTS LIMITED

Balance sheet

As at 31 December 2017


Notes
2017
2016


£
£
Fixed assets
Tangible assets: 2 2,215 2,953
Investments: 3 8,326,176 8,326,176
Total fixed assets: 8,328,391 8,329,129
Current assets
Debtors: 4 83,829 63,661
Cash at bank and in hand: 444,880 138,184
Investments: 5 50,000
Total current assets: 578,709 201,845
Creditors: amounts falling due within one year: 6 (2,826,750) (2,690,490)
Net current assets (liabilities): (2,248,041) (2,488,645)
Total assets less current liabilities: 6,080,350 5,840,484
Creditors: amounts falling due after more than one year: 7 (494,639) (552,445)
Provision for liabilities: (373,545) (373,545)
Total net assets (liabilities): 5,212,166 4,914,494
Capital and reserves
Called up share capital: 100 100
Revaluation reserve:81,929,4671,929,467
Profit and loss account: 3,282,599 2,984,927
Shareholders funds: 5,212,166 4,914,494

The notes form part of these financial statements

NOVAHEIGHTS LIMITED

Balance sheet statements

For the year ending 31 December 2017 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 19 July 2018
and signed on behalf of the board by:

Name: Mr T Vorhand
Status: Director

The notes form part of these financial statements

NOVAHEIGHTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2017

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Tangible fixed assets and depreciation policy

Fixtures, fittings & equipment on 20% Reducing balanceMotor vehicles on 25% Reducing balance

NOVAHEIGHTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2017

2. Tangible Assets

Total
Cost £
At 01 January 2017 43,504
At 31 December 2017 43,504
Depreciation
At 01 January 2017 40,551
Charge for year 738
At 31 December 2017 41,289
Net book value
At 31 December 2017 2,215
At 31 December 2016 2,953

NOVAHEIGHTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2017

3. Fixed investments

Current Asset Investments2017 Other Investments £50,0002016Nil

NOVAHEIGHTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2017

4. Debtors

2017 2016
££
Debtors due after more than one year: 83,829 63,661

NOVAHEIGHTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2017

5. Current investments

2017Other Investments £50,0002016Nil

NOVAHEIGHTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2017

6. Creditors: amounts falling due within one year note

2017Bank Loans £483Corporation Tax £86533Other tax £8982Other Creditors £27307522016Corporation Tax £78103Other tax £5266Other Creditors £2607121

NOVAHEIGHTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2017

7. Creditors: amounts falling due after more than one year note

2017Bank loans £4946392016Bank loans £552445

NOVAHEIGHTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2017

8. Revaluation reserve

2017
£
Balance at 01 January 2017 1,929,467
Surplus or deficit after revaluation 0
Balance at 31 December 2017 1,929,467