NOVO LEADERSHIP INTERNATIONAL LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024
Company registration number SC632333 (Scotland)
PAGES FOR FILING WITH REGISTRAR
NOVO LEADERSHIP INTERNATIONAL LTD
BALANCE SHEET
AS AT
30 JUNE 2024
30 June 2024
- 1 -
2024
2023
£
£
£
£
Fixed assets
1,431
6,654
Current assets
2,633
8,488
Creditors: amounts falling due within one year
(51,414)
(73,080)
Net current liabilities
(48,781)
(64,592)
Total assets less current liabilities
(47,350)
(57,938)
Net liabilities
(47,350)
(57,938)
Capital and reserves
(47,350)
(57,938)
Notes to the financial statements
1
Employees

The average number of persons, including directors, employed by the company during the year was as follows:

2024
2023
Number
Number
Employees
1
1
2
Related party

Included within "amounts falling due within one year" is an amount owed to the director of £33,161 (2023: £55,270). This loan is interest free and repayable on demand.

3
Going concern

The company has net liabilities at 30 June 2024 of £47,350. The director has indicated that he is willing to continue his financial support of the company, and for this reason, the going concern basis is considered appropriate for the preparation of the financial statements. In addition, the company has been actively developing and launching new online programs, which are expected to contribute significantly to revenue growth in the coming year. The director is confident that these initiatives will enhance the company’s financial position and sustainability in the near future.

Novo Leadership International Ltd is a private company limited by shares incorporated in Scotland. The registered office is 44 Bank Street, Kilmarnock, Ayrshire, KA1 1HA.

For the year ended 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

NOVO LEADERSHIP INTERNATIONAL LTD
BALANCE SHEET (CONTINUED)
AS AT
30 JUNE 2024
30 June 2024
- 2 -

These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved and signed by the director and authorised for issue on 12 March 2025
Mr Derek Mair
Director
Company registration number SC632333 (Scotland)
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