NOVA ASSET MANAGEMENT LTD

Company Information
for the period from 6 November 2024 to 30 November 2025


Directors	ALI, Syed Toseef
	MAHOMED, Luqmaan


Registered Address	4th Floor, Nelsons House
	83 Wimbledon Park Side
	London
	SW19 5LP


Registered Number	16063642 (England and Wales)

Balance Sheet as at
30 November 2025

	Notes	2025
		£	£
Current assets
Debtors		632,842
Cash at bank and on hand		19,348
		652,190
Creditors amounts falling due within one year	3	(670,838)
Net current assets (liabilities)			(18,648)
Total assets less current liabilities			(18,648)
Net assets			(18,648)
Capital and reserves
Called up share capital			1
Profit and loss account			(18,649)
Shareholders' funds			(18,648)

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 5 November 2026, and are signed on its behalf by:

MAHOMED, Luqmaan
Director
Registered Company No. 16063642

NOVA ASSET MANAGEMENT LTD

Notes to the Financial Statements
for the period ended 30 November 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover policy
	Turnover represents the total gross rental income receivable by the company from the sub-letting of residential properties during the year, net of any value added tax. The company acts as a principal in its rental arrangements, assuming all vacancy and credit risks. Revenue is recognised on a straight-line, time-apportioned basis over the duration of the respective tenancy agreements as the housing service is provided.

Turnover policy

Turnover represents the total gross rental income receivable by the company from the sub-letting of residential properties during the year, net of any value added tax. The company acts as a principal in its rental arrangements, assuming all vacancy and credit risks. Revenue is recognised on a straight-line, time-apportioned basis over the duration of the respective tenancy agreements as the housing service is provided.

	Share capital
	Ordinary shares are classified as equity. Incremental costs directly attributable to the issue of new ordinary shares or options are shown in equity as a deduction, net of tax, from the proceeds.

2.	Average number of employees


		2025
	Average number of employees during the year	0

3.	Creditors: amounts due within one year

		2025
		£
	Trade creditors / trade payables	214,503
	Bank borrowings and overdrafts	14,645
	Accrued liabilities and deferred income	441,690
	Total	670,838