NOVO RESOURCES LIMITED Accounts filed on 31-01-2014

NOVO RESOURCES LIMITED Accounts filed on 31-01-2014

NOVO RESOURCES LIMITED - Company Information

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NOVO RESOURCES LIMITED




Company Registration Number:
04080221 (England and Wales)



Abbreviated (Unaudited) Accounts



Period of accounts


Start date: 01st February 2013

End date: 31st January 2014

SUBMITTED

NOVO RESOURCES LIMITED

Company Information
for the Period Ended 31st January 2014




Director: S K Sether
Registered office: 1 Approach Road
London
SW20 8BA
Company Registration Number: 04080221 (England and Wales)

NOVO RESOURCES LIMITED

Abbreviated Balance sheet
As at 31st January 2014

Notes 2014
£		 2013
£
Fixed assets
Tangible assets: 2 139 185
Total fixed assets: 139 185
Current assets
Cash at bank and in hand: 13,330 34,342
Total current assets: 13,330 34,342
Creditors
Creditors: amounts falling due within one year 11,147 23,499
Net current assets (liabilities): 2,183 10,843
Total assets less current liabilities: 2,322 11,028
Total net assets (liabilities): 2,322 11,028

The notes form part of these financial statements

NOVO RESOURCES LIMITED

Abbreviated Balance sheet
As at 31st January 2014
continued

Notes 2014
£		 2013
£
Capital and reserves
Called up share capital: 3 100 100
Profit and Loss account: 2,222 10,928
Total shareholders funds: 2,322 11,028

For the year ending 31 January 2014 the company was entitled to exemption 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 and in accordance with the Financial Reporting Standard for Smaller Entities (effective 2008).

The financial statements were approved by the Board of Directors on 29 October 2014

SIGNED ON BEHALF OF THE BOARD BY:

Name: S K Sether
Status: Director

The notes form part of these financial statements

NOVO RESOURCES LIMITED

Notes to the Abbreviated Accounts
for the Period Ended 31st January 2014

  • 1. Accounting policies

    Basis of measurement and preparation of accounts

    The financial statements are prepared under the historical cost convention.

    Turnover policy

    Turnover represents the total of fees receivable in respect of the year.

    Tangible fixed assets depreciation policy

    Depreciation is provided using the following rate to reduce by annual instalments the cost of the tangible fixed assets over their estimated useful lives: - Office Equipment - 25% reducing balance

NOVO RESOURCES LIMITED

Notes to the Abbreviated Accounts
for the Period Ended 31st January 2014

  • 2. Tangible assets

    Total
    Cost £
    At 01st February 2013: 3,148
    At 31st January 2014: 3,148
    Depreciation
    At 01st February 2013: 2,963
    Charge for year: 46
    At 31st January 2014: 3,009
    Net book value
    At 31st January 2014: 139
    At 31st January 2013: 185

NOVO RESOURCES LIMITED

Notes to the Abbreviated Accounts
for the Period Ended 31st January 2014

  • 3. Called up share capital

    Allotted, called up and paid

    Previous period 2013
    Class Number of shares Nominal value per share Total
    Ordinary shares: 100 1.00
    1.00
    		100
    Total share capital: 100
    Current period 2014
    Class Number of shares Nominal value per share Total
    Ordinary shares: 100 1.00
    1.00
    		100
    Total share capital: 100