REGISTERED NUMBER: 12209824 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 July 2024

for

Novum Personnel Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr T Simpson

REGISTERED OFFICE:

Office 4

1 Exchange Walk

Wilson Street

Middlesbrough

TS1 1RY

REGISTERED NUMBER:

12209824 (England and Wales)

ACCOUNTANTS:

JBC Accountants Limited

Chartered Accountants

3B Lockheed Court

Preston Farm

Stockton on Tees

TS18 3SH

FIXED ASSETS

Tangible assets

4

2,182

3,872

CURRENT ASSETS

Debtors

5

259,083

487,477

Cash at bank and in hand

2,860

4,022

261,943

491,499

CREDITORS

Amounts falling due within one year

6

782,998

824,880

NET CURRENT LIABILITIES

(521,055

)

(333,381

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(518,873

)

(329,509

)

CREDITORS

Amounts falling due after more than one year

7

-

18,750

NET LIABILITIES

(518,873

)

(348,259

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(518,973

)

(348,359

)

(518,873

)

(348,259

)

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

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

The director acknowledges his 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.

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 Profit and loss account has not been delivered.

The financial statements were approved by the director and authorised for issue on 22 September 2025 and were signed by:

Mr T Simpson - Director

1.	STATUTORY INFORMATION

Novum Personnel 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.

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.

Plant and machinery etc

-

25% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and loss account, 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.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 16 (2023 - 16 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 August 2023

10,021

Additions

318

At 31 July 2024

10,339

DEPRECIATION

At 1 August 2023

6,149

Charge for year

2,008

At 31 July 2024

8,157

NET BOOK VALUE

At 31 July 2024

2,182

At 31 July 2023

3,872

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/7/24

31/7/23

£

£

Trade debtors

225,255

462,224

Other debtors

33,828

25,253

259,083

487,477

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/7/24

31/7/23

£

£

Bank loans and overdrafts

223,520

333,470

Trade creditors

22,240

76,766

Taxation and social security

238,285

132,867

Other creditors

298,953

281,777

782,998

824,880

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/7/24

31/7/23

£

£

Other creditors

-

18,750