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Company Registration No. 11137058 (England and Wales)
Novus Recruitment Limited Unaudited accounts for the year ended 31 January 2025
Novus Recruitment Limited Unaudited accounts Contents
Page
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Novus Recruitment Limited Company Information for the year ended 31 January 2025
Directors
Sarah Louise Moran Colette Nichols
Company Number
11137058 (England and Wales)
Registered Office
Colony, 5 Piccadilly Place Aytoun Street Manchester M1 3BR
Accountants
Taylor Consultancy, Chartered Certified Accountants Primary House Spring Gardens Macclesfield Cheshire SK10 2DX
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Novus Recruitment Limited Statement of financial position as at 31 January 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
3,463 
4,040 
Current assets
Debtors
118,943 
138,689 
Cash at bank and in hand
800,609 
722,923 
919,552 
861,612 
Creditors: amounts falling due within one year
(258,327)
(332,673)
Net current assets
661,225 
528,939 
Total assets less current liabilities
664,688 
532,979 
Provisions for liabilities
Deferred tax
(865)
(1,009)
Net assets
663,823 
531,970 
Capital and reserves
Called up share capital
200 
200 
Profit and loss account
663,623 
531,770 
Shareholders' funds
663,823 
531,970 
For the year ending 31 January 2025 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 May 2025 and were signed on its behalf by
Colette Nichols Director Company Registration No. 11137058
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Novus Recruitment Limited Notes to the Accounts for the year ended 31 January 2025
1
Statutory information
Novus Recruitment Limited is a private company, limited by shares, registered in England and Wales, registration number 11137058. The registered office is Colony, 5 Piccadilly Place, Aytoun Street, Manchester, M1 3BR.
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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:
Fixtures & fittings
25% per annum on cost
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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Novus Recruitment Limited Notes to the Accounts for the year ended 31 January 2025
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 February 2024
12,756 
Additions
1,322 
At 31 January 2025
14,078 
Depreciation
At 1 February 2024
8,716 
Charge for the year
1,899 
At 31 January 2025
10,615 
Net book value
At 31 January 2025
3,463 
At 31 January 2024
4,040 
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
118,943 
138,689 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
VAT
45,787 
69,520 
Taxes and social security
85,174 
91,158 
Other creditors
2,265 
6,360 
Loans from directors
122,288 
162,922 
Accruals
2,813 
2,713 
258,327 
332,673 
7
Share capital
2025 
2024 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
50 A Ordinary shares of £1 each
50 
50 
50 B Ordinary shares of £1 each
50 
50 
200 
200 
8
Average number of employees
During the year the average number of employees was 4 (2024: 4).
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