IRIS Accounts Production v24.2.0.383 09092813 director 1.4.23 31.3.24 31.3.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh090928132023-03-31090928132024-03-31090928132023-04-012024-03-31090928132022-03-31090928132022-04-012023-03-31090928132023-03-3109092813ns15:EnglandWales2023-04-012024-03-3109092813ns14:PoundSterling2023-04-012024-03-3109092813ns10:Director12023-04-012024-03-3109092813ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3109092813ns10:SmallEntities2023-04-012024-03-3109092813ns10:AuditExemptWithAccountantsReport2023-04-012024-03-3109092813ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3109092813ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3109092813ns10:FullAccounts2023-04-012024-03-3109092813ns10:RegisteredOffice2023-04-012024-03-3109092813ns5:CurrentFinancialInstruments2024-03-3109092813ns5:CurrentFinancialInstruments2023-03-3109092813ns5:Non-currentFinancialInstruments2024-03-3109092813ns5:Non-currentFinancialInstruments2023-03-3109092813ns5:ShareCapital2024-03-3109092813ns5:ShareCapital2023-03-3109092813ns5:RetainedEarningsAccumulatedLosses2024-03-3109092813ns5:RetainedEarningsAccumulatedLosses2023-03-3109092813ns5:PlantMachinery2023-04-012024-03-3109092813ns5:PlantMachinery2023-03-3109092813ns5:PlantMachinery2024-03-3109092813ns5:PlantMachinery2023-03-3109092813ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-03-3109092813ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3109092813ns5:Secured2024-03-3109092813ns5:Secured2023-03-31
REGISTERED NUMBER: 09092813 (England and Wales)















NOVUSCASUAL LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 MARCH 2024






NOVUSCASUAL LIMITED (REGISTERED NUMBER: 09092813)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 7

NOVUSCASUAL LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTOR: P K Gug





REGISTERED OFFICE: Sidings House
Sidings Court
Doncaster
South Yorkshire
DN4 5NU





REGISTERED NUMBER: 09092813 (England and Wales)






NOVUSCASUAL LIMITED (REGISTERED NUMBER: 09092813)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 101,649 120,394

CURRENT ASSETS
Stocks 350,400 379,536
Debtors 5 225,269 302,887
Cash at bank and in hand 148,250 110,866
723,919 793,289
CREDITORS
Amounts falling due within one year 6 265,659 313,373
NET CURRENT ASSETS 458,260 479,916
TOTAL ASSETS LESS CURRENT
LIABILITIES

559,909

600,310

CREDITORS
Amounts falling due after more than one
year

7

(26,667

)

(46,667

)

PROVISIONS FOR LIABILITIES (19,165 ) (22,875 )
NET ASSETS 514,077 530,768

CAPITAL AND RESERVES
Called up share capital 4 4
Retained earnings 514,073 530,764
SHAREHOLDERS' FUNDS 514,077 530,768

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

NOVUSCASUAL LIMITED (REGISTERED NUMBER: 09092813)

BALANCE SHEET - continued
31 MARCH 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 25 November 2024 and were signed by:





P K Gug - Director


NOVUSCASUAL LIMITED (REGISTERED NUMBER: 09092813)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024


1. STATUTORY INFORMATION

Novuscasual Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 15% on reducing balance and Straight line over 4 years

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

NOVUSCASUAL LIMITED (REGISTERED NUMBER: 09092813)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 18 (2023 - 17 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023 176,531
Additions 916
At 31 March 2024 177,447
DEPRECIATION
At 1 April 2023 56,137
Charge for year 19,661
At 31 March 2024 75,798
NET BOOK VALUE
At 31 March 2024 101,649
At 31 March 2023 120,394

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 20,063 10,062
Other debtors 205,206 292,825
225,269 302,887

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 20,000 20,000
Trade creditors 231,089 108,009
Taxation and social security 8,720 19,305
Other creditors 5,850 166,059
265,659 313,373

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 26,667 46,667

NOVUSCASUAL LIMITED (REGISTERED NUMBER: 09092813)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


8. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 46,667 66,667

The bank loan is secured by a guarantee from the government.

NOVUSCASUAL LIMITED

REPORT OF THE ACCOUNTANTS TO THE DIRECTOR OF
NOVUSCASUAL LIMITED


The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Novuscasual Limited for the year ended 31 March 2024 which comprise the Profit and Loss Account, Statement of Financial Position, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

This report is made solely to the Board of Directors of Novuscasual Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Novuscasual Limited and state those matters that we have agreed to state to the Board of Novuscasual Limited, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Novuscasual Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Novuscasual Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Novuscasual Limited. You consider that Novuscasual Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Novuscasual Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.








25 November 2024