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
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
Novus Recruitment Limited
Statement of financial position
as at 31 January 2025
Tangible assets
3,463
4,040
Cash at bank and in hand
800,609
722,923
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
Net assets
663,823
531,970
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
Novus Recruitment Limited
Notes to the Accounts
for the year ended 31 January 2025
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.
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.
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.
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 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.
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.
Novus Recruitment Limited
Notes to the Accounts
for the year ended 31 January 2025
4
Tangible fixed assets
Fixtures & fittings
Amounts falling due within one year
Trade debtors
118,943
138,689
6
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
85,174
91,158
Other creditors
2,265
6,360
Loans from directors
122,288
162,922
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
8
Average number of employees
During the year the average number of employees was 4 (2024: 4).