Company Registration No. 08025252 (England and Wales)
Novello Capital LTD
Unaudited accounts
for the year ended 30 April 2017
Novello Capital LTD
Unaudited accounts
Contents
Novello Capital LTD
Company Information
for the year ended 30 April 2017
Director
Neil David Nichols
Company Number
08025252 (England and Wales)
Registered Office
GRAND UNION HOUSE
20 KENTISH TOWN ROAD
LONDON
NW1 9NX
Novello Capital LTD
Statement of financial position
as at 30 April 2017
Investments
200,000
200,000
Cash at bank and in hand
10
10
Total assets less current liabilities
200,010
200,010
Creditors: amounts falling due after more than one year
(200,000)
(200,000)
Called up share capital
10
10
For the year ending 30 April 2017 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant 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.
Approved by the Board on 15 August 2017.
Neil David Nichols
Director
Company Registration No. 08025252
Novello Capital LTD
Notes to the Accounts
for the year ended 30 April 2017
Novello Capital LTD is a private company, limited by shares, registered in England and Wales, registration number 08025252. The registered office and principal place of business is GRAND UNION HOUSE, 20 KENTISH TOWN ROAD, LONDON, NW1 9NX.
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.
These financial statements for the year ended 30 April 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 May 2015.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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 represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
4
Investments
Subsidiary undertakings
Valuation at 1 May 2016
200,000
Valuation at 30 April 2017
200,000
5
Creditors: amounts falling due after more than one year
2017
2016
Other creditors
200,000
200,000
Allotted, called up and fully paid:
1,000 Ordinary shares of £0.01 each
10
10
The company is controlled by Neil David Nichols, the company director, by virtue of his shareholding.
Novello Capital LTD
Notes to the Accounts
for the year ended 30 April 2017
8
Average number of employees
During the year the average number of employees was 0 (2016: 0).
