Harry Noblett (1996) Limited |
Registered Number:NI031770 |
For the year ended 31 May 2023
Northern Ireland
Unaudited Financial Statements
For the year ended 31 May 2023
Harry Noblett (1996) Limited
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
Harry Noblett (1996) Limited
Statement of Financial Position
2022
2023
Property, plant and equipment |
496,956
506,198
2
496,956
506,198
355,463
310,293
3
Trade and other receivables |
5,587
6,676
4
82,393
Cash and cash equivalents |
75,570
392,539
443,443
Trade and other payables: amounts falling due within one |
year |
(241,317)
(247,359)
5
202,126
145,180
Net current assets
Total assets less current liabilities |
642,136
708,324
Trade and other payables: amounts falling due after more |
than one year |
(32,952)
(23,377)
6
-
(265)
Provisions for liabilities |
618,759
Net assets
675,107
3,285
3,285
615,474
671,822
618,759
675,107
Shareholders' funds
For the year ended 31 May 2023 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies. |
The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2023 in accordance with Section 476 of the Companies Act 2006 |
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section |
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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
Mr Timothy Noblett Director |
These financial statements were approved and authorised for issue by the Board on 27 September 2023 and were signed by: |
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For the year ended 31 May 2023
Harry Noblett (1996) Limited
Statement of Financial Position Continued
The notes form part of these financial statements |
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For the year ended 31 May 2023
Harry Noblett (1996) Limited
Notes to the Financial Statements
Statutory Information
Harry Noblett (1996) Limited is a private limited company, limited by shares, domiciled in Northern Ireland, registration |
number NI031770. |
137-141 North Street
Belfast
BT1 1NE
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the |
Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
modified by the revaluation of certain assets. |
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes. |
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Land and Buildings
Plant and Machinery
Motor Vehicles
Furniture and Fittings
Government grants
Government grants received are credited to deferred income. Grants towards capital expenditure are released to the profit and loss account over the expected useful life of the assets. Grants received towards revenue expenditure are released to the profit and loss account as the related expenditure is incurred. |
Inventories
Inventories are value at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
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. |
Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme for the benefit of its directors/and employees. Contributions payable are charged to the profit and loss account in the period in which they are payable. |
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For the year ended 31 May 2023
Harry Noblett (1996) Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment |
Motor Vehicles
933,235
342,555
40,850
104,012
445,818
3,543
3,543
-
-
-
104,012
40,850
346,098
936,778
445,818
Provision for depreciation and impairment |
427,037
310,430
36,125
80,482
-
Charge for year
12,785
7,134
945
4,706
-
439,822
317,564
37,070
85,188
-
445,818
18,824
3,780
28,534
496,956
445,818
23,530
4,725
32,125
506,198
2022
2023
310,293
355,463
4. Trade and other receivables |
2022
2023
2,656
708
4,020
4,879
5,587
6,676
5. Trade and other payables: amounts falling due within one year |
2022
2023
10,000
10,000
193,065
180,691
Taxation and social security |
23,344
27,031
20,950
23,595
247,359
241,317
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For the year ended 31 May 2023
Harry Noblett (1996) Limited
Notes to the Financial Statements Continued
6. Trade and other payables: amounts falling due after more than one year |
2022
2023
23,377
32,952
7. Average number of persons employed |
During the year the average number of employees was 15 (2022 : 18)
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