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Company Registration No. 10417192 (England and Wales)
Noodle Bath Limited Unaudited accounts for the year ended 31 October 2023
Noodle Bath Limited Unaudited accounts Contents
Page
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Noodle Bath Limited Company Information for the year ended 31 October 2023
Director
Wang Wing Law
Company Number
10417192 (England and Wales)
Registered Office
17 GAINSBORO GARDENS, GREENFORD, MIDDLESEX UB6 0JG UNITED KINGDOM
Accountants
Utopians Accountants 49 Highview Pinner Middlesex HA5 3PE
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Noodle Bath Limited Statement of financial position as at 31 October 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
285 
285 
Tangible assets
65,432 
72,247 
65,717 
72,532 
Current assets
Inventories
3,019 
2,863 
Debtors
798 
913 
Cash at bank and in hand
143,912 
95,826 
147,729 
99,602 
Creditors: amounts falling due within one year
(76,305)
(43,878)
Net current assets
71,424 
55,724 
Total assets less current liabilities
137,141 
128,256 
Creditors: amounts falling due after more than one year
(122,376)
(102,107)
Net assets
14,765 
26,149 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
14,665 
26,049 
Shareholders' funds
14,765 
26,149 
For the year ending 31 October 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 11 September 2024 and were signed on its behalf by
Wang Wing Law Director Company Registration No. 10417192
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Noodle Bath Limited Notes to the Accounts for the year ended 31 October 2023
1
Statutory information
Noodle Bath Limited is a private company, limited by shares, registered in England and Wales, registration number 10417192. The registered office is 17 GAINSBORO GARDENS,, GREENFORD,, MIDDLESEX, UB6 0JG, UNITED KINGDOM.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
10% on reducing balance
Motor vehicles
20% on reducing balance
Fixtures & fittings
10% on reducing balance
Computer equipment
20% on reducing balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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 from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
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Noodle Bath Limited Notes to the Accounts for the year ended 31 October 2023
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
4
Intangible fixed assets
Other 
£ 
Cost
At 1 November 2022
285 
At 31 October 2023
285 
Amortisation
At 1 November 2022
- 
At 31 October 2023
- 
Net book value
At 31 October 2023
285 
At 31 October 2022
285 
5
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 November 2022
24,489 
42,890 
33,367 
800 
101,546 
Additions
3,561 
- 
- 
- 
3,561 
At 31 October 2023
28,050 
42,890 
33,367 
800 
105,107 
Depreciation
At 1 November 2022
9,156 
5,702 
13,941 
500 
29,299 
Charge for the year
2,267 
4,834 
3,195 
80 
10,376 
At 31 October 2023
11,423 
10,536 
17,136 
580 
39,675 
Net book value
At 31 October 2023
16,627 
32,354 
16,231 
220 
65,432 
At 31 October 2022
15,333 
37,188 
19,426 
300 
72,247 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
348 
463 
Accrued income and prepayments
450 
450 
798 
913 
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Noodle Bath Limited Notes to the Accounts for the year ended 31 October 2023
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
13,574 
6,306 
Trade creditors
18,468 
6,975 
Taxes and social security
10,967 
9,010 
Other creditors
33,296 
21,587 
76,305 
43,878 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
33,463 
38,156 
Obligations under finance leases and hire purchase contracts
24,962 
- 
Loans from directors
63,951 
63,951 
122,376 
102,107 
9
Average number of employees
During the year the average number of employees was 4 (2022: 4).
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