Company Registration No. 04122946 (England and Wales)
Novus Consultants Limited
Unaudited accounts
for the year ended 30 June 2023
Novus Consultants Limited
Unaudited accounts
Contents
Novus Consultants Limited
Company Information
for the year ended 30 June 2023
Directors
D C W Allison
J M Harling
R M J Behan
Company Number
04122946 (England and Wales)
Registered Office
The Old Corn Mill
Congleton Road
Siddington, Macclesfield
Cheshire
SK11 9JR
Accountants
Taylor Consultancy, Chartered Certified Accountants
Primary House
Spring Gardens
Macclesfield
Cheshire
SK10 2DX
Novus Consultants Limited
Statement of financial position
as at 30 June 2023
Cash at bank and in hand
97
123
Creditors: amounts falling due within one year
-
(7)
Net current assets
116
116
Called up share capital
100
100
Profit and loss account
16
16
Shareholders' funds
116
116
For the year ending 30 June 2023 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant 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.
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 of Directors and authorised for issue on 20 March 2024 and were signed on its behalf by
D C W Allison
Director
Company Registration No. 04122946
Novus Consultants Limited
Notes to the Accounts
for the year ended 30 June 2023
Novus Consultants Limited is a private company, limited by shares, registered in England and Wales, registration number 04122946. The registered office is The Old Corn Mill, Congleton Road, Siddington, Macclesfield, Cheshire, SK11 9JR.
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.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Amounts falling due after more than one year
Amounts due from group undertakings etc.
19
-
5
Creditors: amounts falling due within one year
2023
2022
Amounts owed to group undertakings and other participating interests
-
7
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
Novus Consultants Limited
Notes to the Accounts
for the year ended 30 June 2023
7
Transactions with related parties
Novus Consultants Limited is a 100% owned subsidiary company of Novus Group Limited.
At the balance sheet date Novus Group Limited owed £19 (2022 (£7)) to Novus Consultants Limited, the loan is subject to interest at a commercial rate and repayable upon demand.
The company is 100% owned by Novus Group Limited, a company registered in England and Wales.
The Ultimate holding company is CAE Technology Services Limited, A company registered in England and Wales.
9
Average number of employees
During the year the average number of employees was 3 (2022: 3).