Company Registration No. 08402215 (England and Wales)
NOBLE BOOKS SHOP LTD
Unaudited accounts
for the year ended 28 February 2023
NOBLE BOOKS SHOP LTD
Unaudited accounts
Contents
NOBLE BOOKS SHOP LTD
Statement of financial position
as at 28 February 2023
Tangible assets
48,628
46,795
Inventories
102,230
131,756
Cash at bank and in hand
10,739
(23,518)
Creditors: amounts falling due within one year
(185,020)
(176,410)
Net current liabilities
(47,864)
(59,236)
Net assets/(liabilities)
764
(12,441)
Called up share capital
300
300
Profit and loss account
464
(12,741)
Shareholders' funds
764
(12,441)
For the year ending 28 February 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 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.
The financial statements were approved by the Board and authorised for issue on 8 November 2023 and were signed on its behalf by
Raheel Habib
Director
Company Registration No. 08402215
NOBLE BOOKS SHOP LTD
Notes to the Accounts
for the year ended 28 February 2023
NOBLE BOOKS SHOP LTD is a private company, limited by shares, registered in England and Wales, registration number 08402215. The registered office is 226 GREEN STREET, FOREST GATE, LONDON, E7 8LE.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
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.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
20% Reducing Balance
Computer equipment
20% Reducing Balance
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Tangible fixed assets
Land & buildings
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 March 2022
45,000
1,585
1,030
47,615
At 28 February 2023
45,000
1,585
3,770
50,355
At 1 March 2022
-
317
503
820
Charge for the year
-
254
653
907
At 28 February 2023
-
571
1,156
1,727
At 28 February 2023
45,000
1,014
2,614
48,628
At 28 February 2022
45,000
1,268
527
46,795
NOBLE BOOKS SHOP LTD
Notes to the Accounts
for the year ended 28 February 2023
Amounts falling due within one year
Other debtors
23,464
5,964
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
5,573
6,173
Other creditors
40,748
28,467
Loans from directors
138,199
141,770
Allotted, called up and fully paid:
300 Ordinary shares of £1 each
300
300
8
Average number of employees
During the year the average number of employees was 16 (2022: 13).