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REGISTERED NUMBER: 12319759 (England and Wales)















Unaudited Financial Statements

for the Period 1st December 2022 to 31st March 2024

for

Novo-Height Properties Ltd

Novo-Height Properties Ltd (Registered number: 12319759)






Contents of the Financial Statements
for the Period 1st December 2022 to 31st March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Novo-Height Properties Ltd

Company Information
for the Period 1st December 2022 to 31st March 2024







DIRECTORS: S O Oke
Mrs O T Oke





SECRETARY: Mrs O T Oke





REGISTERED OFFICE: 19 Kentish Lane
Brookmans Park
Hatfield
Hertfordshire
AL9 6NG





REGISTERED NUMBER: 12319759 (England and Wales)





ACCOUNTANTS: OCG Accountants Ltd
Biz Hub Tees Valley
Belasis Hall Technology Park
Coxwold Way
Billingham
Co. Durham
TS23 4EA

Novo-Height Properties Ltd (Registered number: 12319759)

Balance Sheet
31st March 2024

2024 2022
Notes £    £   
FIXED ASSETS
Tangible assets 4 634,000 644,000

CURRENT ASSETS
Debtors 5 7,296 88,134
Cash at bank and in hand 5,166 8,175
12,462 96,309
CREDITORS
Amounts falling due within one year 6 (84,261 ) (171,931 )
NET CURRENT LIABILITIES (71,799 ) (75,622 )
TOTAL ASSETS LESS CURRENT LIABILITIES 562,201 568,378

CREDITORS
Amounts falling due after more than one
year

7

(446,087

)

(436,568

)

PROVISIONS FOR LIABILITIES (7,797 ) (9,697 )
NET ASSETS 108,317 122,113

CAPITAL AND RESERVES
Called up share capital 103 2
Other reserves 33,238 -
Retained earnings 74,976 122,111
108,317 122,113

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

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

The directors acknowledge their 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.

Novo-Height Properties Ltd (Registered number: 12319759)

Balance Sheet - continued
31st 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 Board of Directors and authorised for issue on 23rd June 2025 and were signed on its behalf by:





S O Oke - Director


Novo-Height Properties Ltd (Registered number: 12319759)

Notes to the Financial Statements
for the Period 1st December 2022 to 31st March 2024

1. STATUTORY INFORMATION

Novo-Height Properties Ltd 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 as modified by the revaluation of certain assets.

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.
Land and buildings - in accordance with the property

TAXATION
Taxation for the period 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 period 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL (2022 - NIL).

Novo-Height Properties Ltd (Registered number: 12319759)

Notes to the Financial Statements - continued
for the Period 1st December 2022 to 31st March 2024

4. TANGIBLE FIXED ASSETS
Land and
buildings
£   
COST OR VALUATION
At 1st December 2022 644,000
Revaluations (10,000 )
At 31st March 2024 634,000
NET BOOK VALUE
At 31st March 2024 634,000
At 30th November 2022 644,000

Cost or valuation at 31st March 2024 is represented by:

Land and
buildings
£   
Valuation in 2021 12,034
Valuation in 2022 39,000
Valuation in 2024 (10,000 )
Cost 592,966
634,000

5. DEBTORS
2024 2022
£    £   
Amounts falling due within one year:
Other debtors 7,296 7,296

Amounts falling due after more than one year:
Other debtors - 80,838

Aggregate amounts 7,296 88,134

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2022
£    £   
Other creditors 84,261 171,931

Novo-Height Properties Ltd (Registered number: 12319759)

Notes to the Financial Statements - continued
for the Period 1st December 2022 to 31st March 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2022
£    £   
Bank loans 436,647 436,568
Other creditors 9,440 -
446,087 436,568

8. SECURED DEBTS

The following secured debts are included within creditors:

2024 2022
£    £   
Mortgages 436,647 436,568