REGISTERED NUMBER: |
Noble Premium Limited |
Abridged Audited Financial Statements |
for the period |
22 September 2021 to 31 March 2022 |
REGISTERED NUMBER: |
Noble Premium Limited |
Abridged Audited Financial Statements |
for the period |
22 September 2021 to 31 March 2022 |
Noble Premium Limited (Registered number: 13637228) |
Contents of the Financial Statements |
for the period 22 September 2021 to 31 March 2022 |
Page |
Company Information | 1 |
Abridged Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
Noble Premium Limited |
Company Information |
for the period 22 September 2021 to 31 March 2022 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
SENIOR STATUTORY AUDITOR: |
AUDITORS: |
Chartered Accountants |
& Statutory Auditors |
239-241 Kennington Lane |
London |
SE11 5QU |
Noble Premium Limited (Registered number: 13637228) |
Abridged Balance Sheet |
31 March 2022 |
Notes | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Stocks |
Debtors |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year |
NET CURRENT LIABILITIES | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
PROVISIONS FOR LIABILITIES | 5 |
NET LIABILITIES | ( |
) |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) |
Noble Premium Limited (Registered number: 13637228) |
Abridged Balance Sheet - continued |
31 March 2022 |
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 |
Noble Premium Limited (Registered number: 13637228) |
Notes to the Financial Statements |
for the period 22 September 2021 to 31 March 2022 |
1. | STATUTORY INFORMATION |
Noble Premium Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Related party exemption |
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group. |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
Turnover is recognised when the customer takes delivery of the goods and is derived from the ordinary activities of the business. All turnover are derived from sales in the UK. |
The accrual model is used in recognition of grants where grants are matched against the expenditure it is compensating for. |
Tangible fixed assets |
Plant and machinery etc | - |
Stocks |
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
Cost is determined on a first in first out basis. Net realisable value is the selling price less any direct cost to sell. |
Taxation |
Taxation for the period 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 balance sheet date. |
Noble Premium Limited (Registered number: 13637228) |
Notes to the Financial Statements - continued |
for the period 22 September 2021 to 31 March 2022 |
2. | ACCOUNTING POLICIES - continued |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 period 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. |
Hire purchase and leasing commitments |
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was |
4. | TANGIBLE FIXED ASSETS |
Totals |
£ |
COST |
Additions |
At 31 March 2022 |
DEPRECIATION |
Charge for period |
At 31 March 2022 |
NET BOOK VALUE |
At 31 March 2022 |
5. | PROVISIONS FOR LIABILITIES |
£ |
Deferred tax provision | 1,920 |
Deferred |
tax |
£ |
Excess cap. all. over depr. | 1,920 |
Balance at 31 March 2022 |
Noble Premium Limited (Registered number: 13637228) |
Notes to the Financial Statements - continued |
for the period 22 September 2021 to 31 March 2022 |
6. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006 |
The Report of the Auditors was unqualified. |
for and on behalf of |
7. | OTHER FINANCIAL COMMITMENTS |
The company is to pay a total annual rental fee of £5,616 under an operating lease agreement for the hire of Motor vehicles and other warehouse equipments. |