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REGISTERED NUMBER: 12663344 (England and Wales)















REPORT OF THE DIRECTORS AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024

FOR

NOBLE CHIEF LIMITED

NOBLE CHIEF LIMITED (REGISTERED NUMBER: 12663344)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024




Page

Company Information 1

Report of the Directors 2

Report of the Accountants 3

Income Statement 4

Balance Sheet 5

Notes to the Financial Statements 7


NOBLE CHIEF LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTORS: Mr K S Mok
Mr C M N Yau





REGISTERED OFFICE: Ground Floor Marlborough House
298 Regents Park Road
London
N3 2SZ





REGISTERED NUMBER: 12663344 (England and Wales)





ACCOUNTANTS: Fusion Accountancy Limited
Marlborough House
298 Regents Park Road
London
N3 2SZ

NOBLE CHIEF LIMITED (REGISTERED NUMBER: 12663344)

REPORT OF THE DIRECTORS
FOR THE YEAR ENDED 30 JUNE 2024

The directors present their report with the financial statements of the company for the year ended 30 June 2024.

PRINCIPAL ACTIVITY
The principal activity of the company in the year under review was that of own or leased real estate.

DIRECTORS
The directors shown below have held office during the whole of the period from 1 July 2023 to the date of this report.

Mr K S Mok
Mr C M N Yau

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





Mr C M N Yau - Director


25 November 2024

NOBLE CHIEF LIMITED

REPORT OF THE ACCOUNTANTS TO THE DIRECTORS OF
NOBLE CHIEF LIMITED


In accordance with the engagement letter dated , and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled the financial statements of the company from the accounting records and information and explanations you have given to us.

This report is made to the directors in accordance with the terms of our engagement. Our work has been undertaken to prepare for approval by the directors the financial statements that we have been engaged to compile, to report to the directors that we have done so, and to state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and the Company's directors for our work or for this report.

You have acknowledged on the balance sheet as at year ended 30 June 2024 your duty to ensure that the company has kept proper accounting records and to prepare financial statements that give a true and fair view under the Companies Act 2006. You consider that the company is exempt from the statutory requirement for an audit for the year.

We have not been instructed to carry out an audit of the financial statements. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.






Fusion Accountancy Limited
Marlborough House
298 Regents Park Road
London
N3 2SZ


25 November 2024

NOBLE CHIEF LIMITED (REGISTERED NUMBER: 12663344)

INCOME STATEMENT
FOR THE YEAR ENDED 30 JUNE 2024

30.6.24 30.6.23
£    £   

TURNOVER 62,558 49,161

Cost of sales 38,586 35,888
GROSS PROFIT 23,972 13,273

Administrative expenses 17,635 49,011
OPERATING PROFIT/(LOSS) and
PROFIT/(LOSS) BEFORE TAXATION 6,337 (35,738 )

Tax on profit/(loss) - -
PROFIT/(LOSS) FOR THE FINANCIAL
YEAR

6,337

(35,738

)

NOBLE CHIEF LIMITED (REGISTERED NUMBER: 12663344)

BALANCE SHEET
30 JUNE 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 603,329 603,329

CURRENT ASSETS
Debtors 5 7,352 2,968
Cash at bank 5,569 3,008
12,921 5,976
CREDITORS
Amounts falling due within one year 6 5,522 4,914
NET CURRENT ASSETS 7,399 1,062
TOTAL ASSETS LESS CURRENT
LIABILITIES

610,728

604,391

CREDITORS
Amounts falling due after more than one
year

7

630,416

630,416
NET LIABILITIES (19,688 ) (26,025 )

CAPITAL AND RESERVES
Called up share capital 8 2 2
Retained earnings 9 (19,690 ) (26,027 )
SHAREHOLDERS' FUNDS (19,688 ) (26,025 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

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.

NOBLE CHIEF LIMITED (REGISTERED NUMBER: 12663344)

BALANCE SHEET - continued
30 JUNE 2024


The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 25 November 2024 and were signed on its behalf by:





Mr C M N Yau - Director


NOBLE CHIEF LIMITED (REGISTERED NUMBER: 12663344)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1. STATUTORY INFORMATION

Noble Chief Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Taxation
Taxation for the year 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.

Investment property
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Freehold
property
£   
COST
At 1 July 2023
and 30 June 2024 603,329
NET BOOK VALUE
At 30 June 2024 603,329
At 30 June 2023 603,329

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade debtors 7,352 2,968

NOBLE CHIEF LIMITED (REGISTERED NUMBER: 12663344)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade creditors 3,394 3,233
Accrued expenses 2,128 1,681
5,522 4,914

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.6.24 30.6.23
£    £   
Directors' loan accounts 630,416 630,416

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.6.24 30.6.23
value: £    £   
2 Ordinary 1 2 2

9. RESERVES
Retained
earnings
£   

At 1 July 2023 (26,027 )
Profit for the year 6,337
At 30 June 2024 (19,690 )

10. RELATED PARTY DISCLOSURES

At the balance sheet date, included within creditors due after more than one year, is an amount of £630,416 (2023 - £630,416) owed to the directors. This loan is interest free, of no fixed term and repayable on demand.

The controlling parties are the company directors by virtue of their shareholdings.

11. TAXATION

The company has carried forward losses of £29,403 (2023: £35,740) which it can use against future taxable profit.