Acorah Software Products - Accounts Production 16.3.350 false true true false 27 July 2023 31 December 2024 31 December 2024 15032120 Laura Toralba Phillips Stephen Paul Serrem Laura Toralba Phillips iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 15032120 2023-07-26 15032120 2024-12-31 15032120 2023-07-27 2024-12-31 15032120 frs-core:CurrentFinancialInstruments 2024-12-31 15032120 frs-core:Non-currentFinancialInstruments 2024-12-31 15032120 frs-core:InvestmentPropertyIncludedWithinPPE 2024-12-31 15032120 frs-core:InvestmentPropertyIncludedWithinPPE 2023-07-27 2024-12-31 15032120 frs-core:InvestmentPropertyIncludedWithinPPE 2023-07-26 15032120 frs-core:MotorVehicles 2024-12-31 15032120 frs-core:MotorVehicles 2023-07-27 2024-12-31 15032120 frs-core:MotorVehicles 2023-07-26 15032120 frs-core:ShareCapital 2024-12-31 15032120 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 15032120 frs-bus:PrivateLimitedCompanyLtd 2023-07-27 2024-12-31 15032120 frs-bus:FilletedAccounts 2023-07-27 2024-12-31 15032120 frs-bus:SmallEntities 2023-07-27 2024-12-31 15032120 frs-bus:AuditExempt-NoAccountantsReport 2023-07-27 2024-12-31 15032120 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-27 2024-12-31 15032120 frs-bus:Director1 2023-07-27 2024-12-31 15032120 frs-bus:Director2 2023-07-27 2024-12-31 15032120 frs-bus:CompanySecretary1 2023-07-27 2024-12-31 15032120 frs-countries:EnglandWales 2023-07-27 2024-12-31
Registered number: 15032120
Noble Nook Estates Limited
Unaudited Financial Statements
For the Period 27 July 2023 to 31 December 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 15032120
31 December 2024
Notes £ £
FIXED ASSETS
Tangible Assets 4 481,746
481,746
CURRENT ASSETS
Debtors 5 26,969
Cash at bank and in hand 164
27,133
Creditors: Amounts Falling Due Within One Year 6 (566,044 )
NET CURRENT ASSETS (LIABILITIES) (538,911 )
TOTAL ASSETS LESS CURRENT LIABILITIES (57,165 )
Creditors: Amounts Falling Due After More Than One Year 7 (15,554 )
NET LIABILITIES (72,719 )
CAPITAL AND RESERVES
Called up share capital 9 100
Profit and Loss Account (72,819 )
SHAREHOLDERS' FUNDS (72,719)
Page 1
Page 2
For the period ending 31 December 2024 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 directors acknowledge their 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Stephen Paul Serrem
Director
17 June 2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Noble Nook Estates Limited is a private company, limited by shares, incorporated in England & Wales, registered number 15032120 . The registered office is 20 Wenlock Road, London, N1 7GU.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern. The directors believe that the company would have sufficient resources to continue to trade for foreseeable future.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Motor Vehicles 20% Straight line Method
2.4. Investment Properties
Investment properties, including freehold and long leasehold properties, are those which are held either to earn rental income or for capital appreciation or both. Investment properties include property that is being constructed or developed for future use as an investment property.
Investment properties are initially recognised at cost which includes purchase cost and any directly attributable expenditure.
Investment properties whose fair value can be measured reliably are measured at fair value, based on the market valuations.
Any surplus or deficit on revaluation is recognised in the income statement as a fair value gains and losses.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 2
2
4. Tangible Assets
Investment Properties Motor Vehicles Total
£ £ £
Cost
As at 27 July 2023 - - -
Additions 464,043 22,083 486,126
As at 31 December 2024 464,043 22,083 486,126
...CONTINUED
Page 3
Page 4
Depreciation
As at 27 July 2023 - - -
Provided during the period - 4,380 4,380
As at 31 December 2024 - 4,380 4,380
Net Book Value
As at 31 December 2024 464,043 17,703 481,746
As at 27 July 2023 - - -
The investment properties are valued, at balance sheet date, by directors of the company based on the assessment of available market information and property condition. The directors believe the their valuation would not be materially different from the professional valuation.
Included above are assets held under finance leases or hire purchase contracts with a net book value as follows:
31 December 2024
£
Motor Vehicles 17,703
5. Debtors
31 December 2024
£
Due within one year
Prepayments and accrued income 1,814
VAT 25,155
26,969
6. Creditors: Amounts Falling Due Within One Year
31 December 2024
£
Bank loans and overdrafts 41,357
Accruals and deferred income 3,766
Directors' loan accounts 520,921
566,044
7. Creditors: Amounts Falling Due After More Than One Year
31 December 2024
£
Bank loans 15,554
Page 4
Page 5
8. Secured Creditors
Of the creditors the following amounts are secured.
31 December 2024
£
Net obligations under finance lease and hire purchase contracts 15,554
Bank loans and overdrafts 41,357
9. Share Capital
31 December 2024
£
Allotted, Called up and fully paid 100
10. Related Party Transactions
Included in creditors due within one year is an amount of £520,921 owed to its directors. Out of total amount due to directors, £289,920 is payable to Director Stephen Paul Serrem and £231,001 is payable to Director Dr. Laura Toralba Phillips. The amount is interest free and repayable on demand.
Page 5