Caseware UK (AP4) 2023.0.135 2023.0.135 2025-03-312025-03-312025-05-08The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2024-03-07truetruefalsefalseNo description of principal activity8 15546365 2024-03-06 15546365 2024-03-07 2025-03-31 15546365 2023-04-01 2024-03-06 15546365 2025-03-31 15546365 c:Director3 2024-03-07 2025-03-31 15546365 d:PlantMachinery 2024-03-07 2025-03-31 15546365 d:PlantMachinery 2025-03-31 15546365 d:PlantMachinery d:OwnedOrFreeholdAssets 2024-03-07 2025-03-31 15546365 d:PlantMachinery d:LeasedAssetsHeldAsLessee 2024-03-07 2025-03-31 15546365 d:MotorVehicles 2024-03-07 2025-03-31 15546365 d:MotorVehicles 2025-03-31 15546365 d:MotorVehicles d:OwnedOrFreeholdAssets 2024-03-07 2025-03-31 15546365 d:MotorVehicles d:LeasedAssetsHeldAsLessee 2024-03-07 2025-03-31 15546365 d:FurnitureFittings 2024-03-07 2025-03-31 15546365 d:FurnitureFittings 2025-03-31 15546365 d:FurnitureFittings d:OwnedOrFreeholdAssets 2024-03-07 2025-03-31 15546365 d:FurnitureFittings d:LeasedAssetsHeldAsLessee 2024-03-07 2025-03-31 15546365 d:ComputerEquipment 2024-03-07 2025-03-31 15546365 d:ComputerEquipment 2025-03-31 15546365 d:ComputerEquipment d:OwnedOrFreeholdAssets 2024-03-07 2025-03-31 15546365 d:ComputerEquipment d:LeasedAssetsHeldAsLessee 2024-03-07 2025-03-31 15546365 d:OwnedOrFreeholdAssets 2024-03-07 2025-03-31 15546365 d:LeasedAssetsHeldAsLessee 2024-03-07 2025-03-31 15546365 d:CurrentFinancialInstruments 2025-03-31 15546365 d:Non-currentFinancialInstruments 2025-03-31 15546365 d:CurrentFinancialInstruments d:WithinOneYear 2025-03-31 15546365 d:Non-currentFinancialInstruments d:AfterOneYear 2025-03-31 15546365 d:ShareCapital 2025-03-31 15546365 d:RetainedEarningsAccumulatedLosses 2025-03-31 15546365 c:OrdinaryShareClass1 2024-03-07 2025-03-31 15546365 c:OrdinaryShareClass1 2025-03-31 15546365 c:OrdinaryShareClass2 2024-03-07 2025-03-31 15546365 c:OrdinaryShareClass2 2025-03-31 15546365 c:OrdinaryShareClass3 2024-03-07 2025-03-31 15546365 c:OrdinaryShareClass3 2025-03-31 15546365 c:OrdinaryShareClass4 2024-03-07 2025-03-31 15546365 c:OrdinaryShareClass4 2025-03-31 15546365 c:OrdinaryShareClass5 2024-03-07 2025-03-31 15546365 c:OrdinaryShareClass5 2025-03-31 15546365 c:FRS102 2024-03-07 2025-03-31 15546365 c:AuditExempt-NoAccountantsReport 2024-03-07 2025-03-31 15546365 c:FullAccounts 2024-03-07 2025-03-31 15546365 c:PrivateLimitedCompanyLtd 2024-03-07 2025-03-31 15546365 d:WithinOneYear 2025-03-31 15546365 d:BetweenOneFiveYears 2025-03-31 15546365 d:HirePurchaseContracts d:WithinOneYear 2025-03-31 15546365 d:HirePurchaseContracts d:BetweenOneFiveYears 2025-03-31 15546365 d:MotorVehicles d:LeasedAssetsHeldAsLessee 2025-03-31 15546365 d:LeasedAssetsHeldAsLessee 2025-03-31 15546365 e:PoundSterling 2024-03-07 2025-03-31 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 15546365









NOVUS MECHANICAL SERVICES LTD







UNAUDITED

FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 MARCH 2025

 
NOVUS MECHANICAL SERVICES LTD
REGISTERED NUMBER: 15546365

BALANCE SHEET
AS AT 31 MARCH 2025

2025
Note
£

Fixed assets
  

Tangible assets
 4 
80,883

  
80,883

Current assets
  

Stocks
  
10,069

Debtors: amounts falling due within one year
 5 
116,510

Cash at bank and in hand
  
64,190

  
190,769

Creditors: amounts falling due within one year
 6 
(78,369)

Net current assets
  
 
 
112,400

Total assets less current liabilities
  
193,283

Creditors: amounts falling due after more than one year
 7 
(152,625)

Provisions for liabilities
  

Deferred tax
  
(10,757)

  
 
 
(10,757)

Net assets
  
29,901


Capital and reserves
  

Called up share capital 
  
100

Profit and loss account
  
29,801

  
29,901


Page 1

 
NOVUS MECHANICAL SERVICES LTD
REGISTERED NUMBER: 15546365
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2025

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 8 May 2025.




D P Shacklock
Director

The notes on pages 3 to 10 form part of these financial statements.

Page 2

 
NOVUS MECHANICAL SERVICES LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2025

1.


General information

The company is a private limited company, which is incorporated and registered in England (registration number 15546365).  The address of the registered office is Cromwell House, 68 West Gate, Mansfield, Nottinghamshire, NG18 1RR.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Page 3

 
NOVUS MECHANICAL SERVICES LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2025

2.Accounting policies (continued)

 
2.4

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.5

Current and deferred taxation

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


 
2.6

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 4

 
NOVUS MECHANICAL SERVICES LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2025

2.Accounting policies (continued)


2.6
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Plant and machinery
-
25%
reducing balance basis
Motor vehicles
-
25%
reducing balance basis
Fixtures and fittings
-
15%
reducing balance basis
Computer equipment
-
25%
straight line basis

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.7

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.8

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.9

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.10

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 5

 
NOVUS MECHANICAL SERVICES LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2025

2.Accounting policies (continued)

 
2.11

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.

  
2.12

Going concern

At the date of approving the financial statements there remains a degree of uncertainty around the full economic impact of the cost of living and wider geo-political issues.  The directors continue to monitor the situation closely and believe that the company can continue to operate for the forseeable future therefore the accounts have been prepared on the going concern basis.


3.


Employees

The average monthly number of employees, including directors, during the period was 8.

Page 6

 
NOVUS MECHANICAL SERVICES LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2025

4.


Tangible fixed assets





Plant and machinery
Motor vehicles
Fixtures and fittings
Computer equipment
Total

£
£
£
£
£



Cost or valuation


Additions
6,674
110,201
2,222
1,922
121,019


Disposals
-
(13,470)
-
-
(13,470)



At 31 March 2025

6,674
96,731
2,222
1,922
107,549



Depreciation


Charge for the period on owned assets
1,669
4,712
333
481
7,195


Charge for the period on financed assets
-
19,471
-
-
19,471



At 31 March 2025

1,669
24,183
333
481
26,666



Net book value



At 31 March 2025
5,005
72,548
1,889
1,441
80,883

The net book value of assets held under finance leases or hire purchase contracts, included above, are as follows:


2025
£



Motor vehicles
58,413

58,413


5.


Debtors

2025
£


Trade debtors
46,289

Other debtors
11,697

Prepayments and accrued income
58,524

116,510


Page 7

 
NOVUS MECHANICAL SERVICES LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2025

6.


Creditors: Amounts falling due within one year

2025
£

Trade creditors
55,969

Obligations under finance lease and hire purchase contracts
20,677

Other creditors
1,723

78,369


The following liabilities were secured:

2025
£



HP Liability
20,677

20,677

Details of security provided:

The HP liability is secured on the related asset.


7.


Creditors: Amounts falling due after more than one year

2025
£

Net obligations under finance leases and hire purchase contracts
52,625

Other creditors
100,000

152,625


The following liabilities were secured:

2025
£



HP liability
52,625

52,625

Details of security provided:

The HP liability is secured on the related asset.

Page 8

 
NOVUS MECHANICAL SERVICES LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2025

8.


Hire purchase and finance leases


Minimum lease payments under hire purchase fall due as follows:

2025
£


Within one year
20,677

Between 1-5 years
52,625

73,302


9.


Share capital

2025
£
Allotted, called up and fully paid


24 A Ordinary shares of £1.00 each
24
24 B Ordinary shares of £1.00 each
24
12 C Ordinary shares of £1.00 each
12
15 D Ordinary shares of £1.00 each
15
15 E Ordinary shares of £1.00 each
15
5 F Ordinary shares of £1.00 each
5
5 G Ordinary shares of £1.00 each
5

100


During the period 100 shares were issues at par value.


10.


Pension commitments

The company operates a defined contributions pension scheme.  The assets of the scheme are held separately from those of the company in an independently administered fund.  The pension cost charge represents contributions payable by the company and amounted to £1,794.  Contributions totalling £118 were outstanding at the Balance Sheet date. 

Page 9

 
NOVUS MECHANICAL SERVICES LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2025

11.


Commitments under operating leases

At 31 March 2025 the Company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:

2025
£


Not later than 1 year
452

Later than 1 year and not later than 5 years
1,356

1,808

 
Page 10