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Company Registration No. 08827240 (England and Wales)
Noor Estates Ltd Unaudited accounts for the year ended 31 December 2023
Noor Estates Ltd Unaudited accounts Contents
Page
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Noor Estates Ltd Company Information for the year ended 31 December 2023
Director
Umar Mahmood
Company Number
08827240 (England and Wales)
Registered Office
Kingsway House 17/18 Upper Dock Street Newport Gwent NP20 1DH
Accountants
Evans Entwistle Venta House Maes-glas Newport NP20 2NS
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Noor Estates Ltd Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,742 
3,150 
Investment property
802,592 
802,592 
805,334 
805,742 
Current assets
Debtors
15,486 
13,200 
Cash at bank and in hand
11,825 
201 
27,311 
13,401 
Creditors: amounts falling due within one year
(11,279)
(13,033)
Net current assets
16,032 
368 
Total assets less current liabilities
821,366 
806,110 
Creditors: amounts falling due after more than one year
(673,361)
(654,576)
Provisions for liabilities
Deferred tax
(521)
- 
Net assets
147,484 
151,534 
Capital and reserves
Called up share capital
150,004 
150,004 
Profit and loss account
(2,520)
1,530 
Shareholders' funds
147,484 
151,534 
For the year ending 31 December 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 13 September 2024 and were signed on its behalf by
Umar Mahmood Director Company Registration No. 08827240
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Noor Estates Ltd Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
Noor Estates Ltd is a private company, limited by shares, registered in England and Wales, registration number 08827240. The registered office is Kingsway House, 17/18 Upper Dock Street, Newport, Gwent, NP20 1DH.
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:
Fixtures & fittings
5 years straight line
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.
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.
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Noor Estates Ltd Notes to the Accounts for the year ended 31 December 2023
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 January 2023
3,500 
At 31 December 2023
3,500 
Depreciation
At 1 January 2023
350 
Charge for the year
408 
At 31 December 2023
758 
Net book value
At 31 December 2023
2,742 
At 31 December 2022
3,150 
5
Deferred taxation
2023 
2022 
£ 
£ 
Accelerated capital allowances
521 
- 
2023 
2022 
£ 
£ 
Charged to the profit and loss account
521 
- 
Provision at end of year
521 
- 
6
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
150,004 Ordinary shares of £1 each
150,004 
150,004 
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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