Company Registration No. 07073690 (England and Wales)
Novo Partners (london) Limited
Unaudited accounts
for the year ended 30 November 2025
Novo Partners (london) Limited
Unaudited accounts
Contents
Novo Partners (london) Limited
Company Information
for the year ended 30 November 2025
Director
Sanjoy Kumar Sanyal
Company Number
07073690 (England and Wales)
Registered Office
85 Tooting High Street
London
London
SW17 0SU
England
Accountants
Basetax Limited
85 Tooting High Street
SW17 0SU
Novo Partners (london) Limited
Statement of financial position
as at 30 November 2025
Cash at bank and in hand
14,253
16,546
Creditors: amounts falling due within one year
(14,049)
(4,207)
Net current assets
28,094
34,072
Total assets less current liabilities
28,898
35,175
Provisions for liabilities
Profit and loss account
28,245
34,522
Shareholders' funds
28,395
34,672
For the year ending 30 November 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 May 2026 and were signed on its behalf by
Sanjoy Kumar Sanyal
Director
Company Registration No. 07073690
Novo Partners (london) Limited
Notes to the Accounts
for the year ended 30 November 2025
Novo Partners (london) Limited is a private company, limited by shares, registered in England and Wales, registration number 07073690. The registered office is 85 Tooting High Street, London, London, SW17 0SU, 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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
over 5 years
Fixtures & fittings
over 4 years
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Novo Partners (london) Limited
Notes to the Accounts
for the year ended 30 November 2025
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Tangible fixed assets
Fixtures & fittings
Amounts falling due within one year
Accrued income and prepayments
-
372
Other debtors
27,890
2,691
6
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
9,254
990
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Average number of employees
During the year the average number of employees was 2 (2024: 3).