Company Registration No. 13894612 (England and Wales)
Novola Limited
Unaudited accounts
for the year ended 31 March 2026
Novola Limited
Unaudited accounts
Contents
Novola Limited
Company Information
for the year ended 31 March 2026
Directors
David Richard Anthony Mack
Robert Michael Edwin Mack
George Christopher Ian Mack
Michael Iain Stiff
Company Number
13894612 (England and Wales)
Registered Office
Hill Farm
Rectory Road
Lower Bodham
Holt
Norfolk
NR25 6PR
England
Accountants
JHW Azoth Ltd
13 The Close
Norwich
Norfolk
NR1 4DS
Novola Limited
Statement of financial position
as at 31 March 2026
Intangible assets
146,782
99,805
Cash at bank and in hand
402
20
Creditors: amounts falling due within one year
(175,212)
(111,876)
Net current liabilities
(160,717)
(108,767)
Net liabilities
(13,935)
(8,962)
Profit and loss account
(14,035)
(9,062)
Shareholders' funds
(13,935)
(8,962)
For the year ending 31 March 2026 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 directors acknowledge their 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 of Directors and authorised for issue on 21 August 2026 and were signed on its behalf by
David Richard Anthony Mack
Director
Company Registration No. 13894612
Novola Limited
Notes to the Accounts
for the year ended 31 March 2026
Novola Limited is a private company, limited by shares, registered in England and Wales, registration number 13894612. The registered office is Hill Farm, Rectory Road, Lower Bodham, Holt, Norfolk, NR25 6PR, 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.
The directors have assessed the Statement of Financial Position and likely future cash flows at the date of approving these financial statements. The directors note that the business has net liabilities of £19,935. The company is supported through loans from the Parent Company. The directors have received assurances that the loan facilities will continue to be available for at least 12 months from the date of signing these financial statements and the parent company will continue to support the Company. After making enquiries, the directors believe that any foreseeable debts can be met for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Novola Limited
Notes to the Accounts
for the year ended 31 March 2026
4
Intangible fixed assets
Other
Amounts falling due within one year
Deferred tax asset
3,793
2,135
Accrued income and prepayments
500
-
6
Creditors: amounts falling due within one year
2026
2025
Amounts owed to group undertakings and other participating interests
172,993
110,412
7
Average number of employees
During the year the average number of employees was 0 (2025: 0).