NOVO LEADERSHIP INTERNATIONAL LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2022
Company registration number SC632333 (Scotland)
PAGES FOR FILING WITH REGISTRAR
NOVO LEADERSHIP INTERNATIONAL LTD
BALANCE SHEET
AS AT 30 JUNE 2022
30 June 2022
- 1 -
2022
2021
£
£
£
£
Fixed assets
11,128
16,212
Current assets
7,047
5,228
Creditors: amounts falling due within one year
(58,484)
(52,845)
Net current liabilities
(51,437)
(47,617)
Total assets less current liabilities
(40,309)
(31,405)
Net liabilities
(40,309)
(31,405)
Capital and reserves
(40,309)
(31,405)
Notes to the financial statements
1
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2022
2021
Number
Number
Employees
1
2
2
Related Party
Included within "amounts falling due within one year" is an amount owed to the director of £40,674 (2021: £33,187). This loan is interest free and repayable on demand.
3
Going Concern
The company has net liabilities at 30 June 2022 of £40,309. The director has indicated that he is willing to continue his financial support of the company and for this reason the going concern basis is considered appropriate for the preparation of the financial statements.
Novo Leadership International Ltd is a private company limited by shares incorporated in Scotland. The registered office is 44 Bank Street, Kilmarnock, Ayrshire, KA1 1HA.
For the year ended 30 June 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
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 members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
NOVO LEADERSHIP INTERNATIONAL LTD
BALANCE SHEET (CONTINUED)
AS AT 30 JUNE 2022
30 June 2022
- 2 -
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true
The financial statements were approved by the board of directors and authorised for issue on 10 October 2023 and are signed on its behalf by:
..............................................
Mr Derek Mair
Director
Company registration number SC632333 (Scotland)