REGISTERED NUMBER: 04200942 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2026

for

NOVEL ENTERTAINMENT LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

M J Watts

L J Whiteley

SECRETARY:

M J Watts

REGISTERED OFFICE:

Monument House

215 Marsh Road

Pinner

Middlesex

HA5 5NE

BUSINESS ADDRESS:

Bretton

Lincombe Lane

Boars Hill

Oxford

Oxfordshire

OX1 5DY

REGISTERED NUMBER:

04200942 (England and Wales)

ACCOUNTANTS:

Hill Wooldridge & Co.

Monument House

215 Marsh Road

Pinner

HA5 5NE

FIXED ASSETS

Tangible assets

4

62

511

Investments

5

110

110

172

621

CURRENT ASSETS

Stocks

104,328

18,801

Debtors

6

573,620

256,611

Cash at bank

1,142,606

1,848,784

1,820,554

2,124,196

CREDITORS

Amounts falling due within one year

7

440,862

774,110

NET CURRENT ASSETS

1,379,692

1,350,086

TOTAL ASSETS LESS CURRENT LIABILITIES

1,379,864

1,350,707

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

1,378,864

1,349,707

SHAREHOLDERS' FUNDS

1,379,864

1,350,707

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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.

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 4 August 2026 and were signed on its behalf by:

M J Watts - Director

1.	STATUTORY INFORMATION

Novel Entertainment 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

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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 2 (2025 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2025

and 31 March 2026

64,522

DEPRECIATION

At 1 April 2025

64,011

Charge for year

449

At 31 March 2026

64,460

NET BOOK VALUE

At 31 March 2026

62

At 31 March 2025

511

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 April 2025

and 31 March 2026

110

NET BOOK VALUE

At 31 March 2026

110

At 31 March 2025

110

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

57,015

5,237

Other debtors

516,605

251,374

573,620

256,611

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

23,158

25,244

Taxation and social security

32,461

45,547

Other creditors

385,243

703,319

440,862

774,110