1 November 2024 false No description of principal activity Taxfiler 2024.6 10444773 business:PrivateLimitedCompanyLtd 2024-11-01 2025-10-31 10444773 2024-10-31 10444773 2024-11-01 2025-10-31 10444773 business:AuditExempt-NoAccountantsReport 2024-11-01 2025-10-31 10444773 business:FilletedAccounts 2024-11-01 2025-10-31 10444773 2025-10-31 10444773 2024-10-31 10444773 core:WithinOneYear 2025-10-31 10444773 core:WithinOneYear 2024-10-31 10444773 core:ShareCapital core:PreviouslyStatedAmount 2025-10-31 10444773 core:ShareCapital core:PreviouslyStatedAmount 2024-10-31 10444773 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-10-31 10444773 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-10-31 10444773 core:PreviouslyStatedAmount 2025-10-31 10444773 core:PreviouslyStatedAmount 2024-10-31 10444773 business:SmallEntities 2024-11-01 2025-10-31 10444773 business:Director1 2024-11-01 2025-10-31 10444773 countries:EnglandWales 2024-11-01 2025-10-31 10444773 business:RegisteredOffice 2024-11-01 2025-10-31 10444773 2023-11-01 2024-10-31 iso4217:GBP xbrli:pure
NOVO ALLIANCE LTD Statement of financial position as at 31 October 2025
2025
2024
Notes
£
£
Current assets
Debtors
4
10,082
11,205
Cash at bank and in hand
17,394
49,152
27,476
60,357
Creditors: amounts falling due within one year
5
7,112
5,887
Net current assets
34,588
66,244
Net assets
34,588
66,244
Capital and reserves
Called up share capital
1
1
Profit and loss account
34,587
66,243
Shareholders' funds
34,588
66,244
For the year ending 31 October 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 director acknowledges his 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 and authorised for issue on 8 July 2026 and were signed on its behalf by
NIKOLADZE, Zaza Director Company Registration No. 10444773
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NOVO ALLIANCE LTD Notes to the Accounts for the year ended 31 October 2025
1
Statutory information
NOVO ALLIANCE LTD is a private company, limited by shares, registered in England and Wales, registration number 10444773. The registered office is 6 VALETTA GROVE, LONDON, E13 0JR, ENGLAND.
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
These financial statements for the year ended 31 October 2025 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 November 2023. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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.
4
Debtors
2025
2024
£
£
Amounts falling due within one year
VAT
434
-
Other debtors
9,648
11,205
10,082
11,205
5
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
(9,155)
-
Taxes and social security
2,043
(5,887)
(7,112)
(5,887)
6
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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