W. Noble Limited - Accounts to registrar (filleted) - small 23.2.5
W. Noble Limited - Accounts to registrar (filleted) - small 23.2.5
| REGISTERED NUMBER: |
| Financial Statements |
| for the Year Ended 31 July 2023 |
| for |
| W. Noble Limited |
| W. Noble Limited (Registered number: 00603067) |
| Contents of the Financial Statements |
| for the Year Ended 31 July 2023 |
| Page |
| Company Information | 1 |
| Statement of Financial Position | 2 |
| Notes to the Financial Statements | 4 |
| W. Noble Limited |
| Company Information |
| for the Year Ended 31 July 2023 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| Chancery House |
| 30 St Johns Road |
| Woking |
| Surrey |
| GU21 7SA |
| W. Noble Limited (Registered number: 00603067) |
| Statement of Financial Position |
| 31 July 2023 |
| 31/7/23 | 31/7/22 |
| Notes | £ | £ |
| FIXED ASSETS |
| Investment property | 5 |
| CURRENT ASSETS |
| Debtors | 6 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 7 | ( |
) | ( |
) |
| NET CURRENT (LIABILITIES)/ASSETS | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital |
| Fair value reserve | 8 |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| The directors acknowledge their responsibilities for: |
| (a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
| (b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
| W. Noble Limited (Registered number: 00603067) |
| Statement of Financial Position - continued |
| 31 July 2023 |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| W. Noble Limited (Registered number: 00603067) |
| Notes to the Financial Statements |
| for the Year Ended 31 July 2023 |
| 1. | STATUTORY INFORMATION |
| W. Noble Limited is a |
| The presentation currency of the financial statements is the Pound Sterling (£). |
| 2. | STATEMENT OF COMPLIANCE |
| 3. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets. |
| The accounts have been prepared on a going concern basis, despite the net current liabilities of £194,434, as the directors have reviewed the cashflow forecasts of the company and believe the company will be able to meet its liabilities as they fall due for at least 12 months from the date of the approval of the financial statements. |
| Turnover |
| Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
| Investment property |
| Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss. |
| Taxation |
| Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
| Current or deferred taxation assets and liabilities are not discounted. |
| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date. |
| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference. |
| 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. |
| Rent receivable |
| Rental income from investment property leased out under operating lease is recognised in the profit and loss account on an accruals basis over the term of the lease. The effect of rent review is only recognised when such review have been agreed with the tenant. |
| W. Noble Limited (Registered number: 00603067) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 July 2023 |
| 4. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was NIL (2022 - NIL). |
| 5. | INVESTMENT PROPERTY |
| Total |
| £ |
| Fair value |
| At 1 August 2022 |
| Additions |
| At 31 July 2023 |
| Net book value |
| At 31 July 2023 |
| At 31 July 2022 |
| The investment property was valued on an open market basis on 31 July 2023 by the directors. |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31/7/23 | 31/7/22 |
| £ | £ |
| Other debtors |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31/7/23 | 31/7/22 |
| £ | £ |
| Taxation and social security |
| Other creditors |
| 8. | RESERVES |
| Fair |
| value |
| reserve |
| £ |
| At 1 August 2022 |
| Transfer to fair value | (107,518 | ) |
| At 31 July 2023 |