Company Registration No. 14988707 (England and Wales)
Novara Consulting Group Limited
Unaudited accounts
for the period from 7 July 2023 to 31 July 2024
Novara Consulting Group Limited
Unaudited accounts
Contents
Novara Consulting Group Limited
Company Information
for the period from 7 July 2023 to 31 July 2024
Directors
Joel Murphy
Zsofia Aniko Meszaros
Company Number
14988707 (England and Wales)
Registered Office
35 Goddard Way
Tuffley
Gloucester
GL4 0YA
England
Accountants
Next Level Accountants Limited
35 Goddard Way
Tuffley
Gloucester
Gloucestershire
GL4 0YA
Novara Consulting Group Limited
Statement of financial position
as at 31 July 2024
Cash at bank and in hand
52,492
Creditors: amounts falling due within one year
(18,193)
Called up share capital
100
Profit and loss account
37,384
Shareholders' funds
37,484
For the period ending 31 July 2024 the company was entitled to exemption from audit 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.
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 1 September 2024 and were signed on its behalf by
Joel Murphy
Director
Company Registration No. 14988707
Novara Consulting Group Limited
Notes to the Accounts
for the period from 7 July 2023 to 31 July 2024
Novara Consulting Group Limited is a private company, limited by shares, registered in England and Wales, registration number 14988707. The registered office is 35 Goddard Way, Tuffley, Gloucester, GL4 0YA, England.
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 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% Straight Line
Computer equipment
25% Straight Line
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.
Novara Consulting Group Limited
Notes to the Accounts
for the period from 7 July 2023 to 31 July 2024
4
Tangible fixed assets
Computer equipment
Charge for the period
1,062
5
Creditors: amounts falling due within one year
2024
Taxes and social security
14,482
6
Average number of employees
During the period the average number of employees was 2.