Registered number
02976837
Novaforce Limited
Unaudited Filleted Abridged Accounts
30 June 2024
Novaforce Limited
Registered number: 02976837
Abridged Balance Sheet
as at 30 June 2024
Notes 2024 2023
£ £
Current assets
Debtors - 16,516
Investments held as current assets 3 1 29,105
1 45,621
Net current assets 1 45,621
Net assets 1 45,621
Capital and reserves
Called up share capital 1,000 1,000
Share premium 1,083,002 1,083,002
Profit and loss account (1,084,001) (1,038,381)
Shareholders' funds 1 45,621
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A) of the Companies Act 2006.
J Critchlow
Director
Approved by the board on 29 August 2024
Novaforce Limited
Notes to the Abridged Accounts
for the year ended 30 June 2024
1 Accounting policies
Basis of preparation
The abridged accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 1 1
3 Investments held as current assets 2024 2023
£ £
Fair value
Unlisted investments 1 29,105
Increase/(decrease) in fair value included in the profit and loss account for the financial year
Unlisted investments (29,104) -
4 Other information
Novaforce Limited is a private company limited by shares and incorporated in England. Its registered office is:
3 Seymour Court
Tudor Road
Manor Park
Runcorn
Cheshire
WA10 1SY
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