NOVITASFTCL CORPORATE FINANCE LIMITED

Company Registration Number:
07650524 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2023

Period of accounts

Start date: 01 July 2022

End date: 31 March 2023

NOVITASFTCL CORPORATE FINANCE LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2023

Balance sheet
Notes

NOVITASFTCL CORPORATE FINANCE LIMITED

Balance sheet

As at 31 March 2023


Notes

9 months to 31 March 2023

2022


£

£
Fixed assets
Tangible assets: 3 443 665
Total fixed assets: 443 665
Current assets
Cash at bank and in hand: 1,654,680 1,095,117
Total current assets: 1,654,680 1,095,117
Creditors: amounts falling due within one year: 4 (147,692) (43,853)
Net current assets (liabilities): 1,506,988 1,051,264
Total assets less current liabilities: 1,507,431 1,051,929
Total net assets (liabilities): 1,507,431 1,051,929
Capital and reserves
Called up share capital: 1,000 1,000
Profit and loss account: 1,506,431 1,050,929
Shareholders funds: 1,507,431 1,051,929

The notes form part of these financial statements

NOVITASFTCL CORPORATE FINANCE LIMITED

Balance sheet statements

For the year ending 31 March 2023 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 28 March 2024
and signed on behalf of the board by:

Name: B W McIntyre
Status: Director

The notes form part of these financial statements

NOVITASFTCL CORPORATE FINANCE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

1. Accounting policies

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

Turnover policy

The turnover represents amounts receivable for goods and services net of VAT and trade discounts.

Tangible fixed assets and depreciation policy

Annual depreciation of office equipment is calculated at 33% of net book value to write off the cost of the asset, less its residual value, over its estimated useful economic lifetime.

NOVITASFTCL CORPORATE FINANCE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

2. Employees

9 months to 31 March 2023 2022
Average number of employees during the period 1 1

NOVITASFTCL CORPORATE FINANCE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

3. Tangible Assets

Total
Cost £
At 01 July 2022 2,398
At 31 March 2023 2,398
Depreciation
At 01 July 2022 1,733
Charge for year 222
At 31 March 2023 1,955
Net book value
At 31 March 2023 443
At 30 June 2022 665

NOVITASFTCL CORPORATE FINANCE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

4. Creditors: amounts falling due within one year note

Corporation tax 139672 39085 Other creditors 8020 4768 147692 43853