REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD 4 MARCH 2022 TO 31 MARCH 2023 |
FOR |
NOBLE JOE INC LIMITED |
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD 4 MARCH 2022 TO 31 MARCH 2023 |
FOR |
NOBLE JOE INC LIMITED |
NOBLE JOE INC LIMITED (REGISTERED NUMBER: 13953427) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE PERIOD 4 MARCH 2022 TO 31 MARCH 2023 |
Page |
Balance sheet | 1 |
Notes to the financial statements | 2 |
NOBLE JOE INC LIMITED (REGISTERED NUMBER: 13953427) |
BALANCE SHEET |
31 MARCH 2023 |
Notes | £ | £ |
Fixed assets |
Investments | 4 |
Current assets |
Cash at bank |
Creditors |
Amounts falling due within one year | 5 |
Net current liabilities | ( |
) |
Total assets less current liabilities |
Creditors |
Amounts falling due after more than one year | 6 |
Net assets |
Capital and reserves |
Called up share capital | 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. |
In accordance with Section 444 of the Companies Act 2006, the Statement of comprehensive income has not been delivered. |
The financial statements were approved by the Board of Directors and authorised for issue on |
NOBLE JOE INC LIMITED (REGISTERED NUMBER: 13953427) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE PERIOD 4 MARCH 2022 TO 31 MARCH 2023 |
1. | Statutory information |
Noble Joe Inc Limited is a private company, limited by shares registered in England and Wales. The company's registered number is 13953427. The registered office is 7 & 8 Church Street, Wimborne, Dorset, England, BH21 1JH and business address is 7 Black Moor Road, Ebblake Industrial Estate, Verwood BH31 6AX. |
2. | Accounting policies |
Basis of preparing the financial statements |
Preparation of consolidated financial statements |
The financial statements contain information about Noble Joe Inc Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements. |
Investments in subsidiaries |
Investments in subsidiary undertakings are recognised at cost. |
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. |
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. |
Financial instruments |
Basic financial instruments are initially recognised at transaction price and accounted for according to the substance of the contractual arrangement, as either financial assets, liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company, after deducting all liabilities. |
At each balance sheet date, financial instruments are measured at amortised cost using the effective interest method. Any losses arising from impairment are recognised in the profit and loss account in the period to which they relate. |
3. | Employees and directors |
The average number of employees during the period was |
NOBLE JOE INC LIMITED (REGISTERED NUMBER: 13953427) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE PERIOD 4 MARCH 2022 TO 31 MARCH 2023 |
4. | Fixed asset investments |
Shares in |
group |
undertakings |
£ |
Cost |
Additions |
At 31 March 2023 |
Net book value |
At 31 March 2023 |
5. | Creditors: amounts falling due within one year |
£ |
Bank loans and overdrafts |
Amounts owed to group undertakings |
Other creditors |
Intercompany Account | 3,425 |
Directors' current accounts | 183,314 |
Accruals and deferred income |
6. | Creditors: amounts falling due after more than one year |
£ |
Bank loans - 1-2 years |
Bank loans - 2-5 years |
7. | Secured debts |
The following secured debts are included within creditors: |
£ |
Bank loans |
All monies due to or to become due to Archover Limited are secured by way of a fixed and floating charge over all the assets and undertakings of the company, dated 19 August 2022. |
8. | Called up share capital |
Allotted, issued and fully paid: |
Number: | Class: | Nominal |
value: | £ |
Ordinary | £1 | 3 |
3 Ordinary shares of £1 each were allotted and fully paid for |
9. | Ultimate controlling party |
The Company is under the control of the Directors, by virtue of their combined 100% holding of the issued voting share capital of the Company. |