BrightAccountsProduction v1.0.0 v1.0.0 2023-12-01 The company was not dormant during the period The company was trading for the entire period Unaudited Accounts The Principal Activity is the Contruction of Domestic Buildings 29 August 2025 5 5 NI030128 2024-11-30 NI030128 2023-11-30 NI030128 2022-11-30 NI030128 2023-12-01 2024-11-30 NI030128 2022-12-01 2023-11-30 NI030128 uk-bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 NI030128 uk-curr:PoundSterling 2023-12-01 2024-11-30 NI030128 uk-bus:SmallCompaniesRegimeForAccounts 2023-12-01 2024-11-30 NI030128 uk-bus:AbridgedAccounts 2023-12-01 2024-11-30 NI030128 uk-core:ShareCapital 2024-11-30 NI030128 uk-core:ShareCapital 2023-11-30 NI030128 uk-core:RetainedEarningsAccumulatedLosses 2024-11-30 NI030128 uk-core:RetainedEarningsAccumulatedLosses 2023-11-30 NI030128 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2024-11-30 NI030128 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2023-11-30 NI030128 uk-bus:FRS102 2023-12-01 2024-11-30 NI030128 uk-core:PlantMachinery 2023-12-01 2024-11-30 NI030128 uk-core:FurnitureFittingsToolsEquipment 2023-12-01 2024-11-30 NI030128 uk-core:MotorVehicles 2023-12-01 2024-11-30 NI030128 2023-12-01 2024-11-30 NI030128 uk-bus:Director1 2023-12-01 2024-11-30 NI030128 uk-bus:AuditExempt-NoAccountantsReport 2023-12-01 2024-11-30 xbrli:pure iso4217:GBP xbrli:shares
Company Registration Number: NI030128
 
 
Noone Construction Limited
 
ABRIDGED UNAUDITED FINANCIAL STATEMENTS
 
for the financial year ended 30 November 2024
NOONE CONSTRUCTION LIMITED
Company Registration Number: NI030128
ABRIDGED STATEMENT OF FINANCIAL POSITION
as at 30 November 2024

2024 2023
Notes £ £
 
Non-Current Assets
Property, plant and equipment 4 133,924 128,236
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Current Assets
Stocks 55,000 70,000
Debtors 200,535 114,014
Cash and cash equivalents 21,755 21,998
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277,290 206,012
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Creditors: amounts falling due within one year (86,754) (62,337)
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Net Current Assets 190,536 143,675
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Total Assets less Current Liabilities 324,460 271,911
 
Creditors:
amounts falling due after more than one year (19,008) (19,699)
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Net Assets 305,452 252,212
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Capital and Reserves
Called up share capital 10,000 10,000
Retained earnings 295,452 242,212
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Shareholders' Funds 305,452 252,212
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The financial statements have been prepared 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).
           
All of the members have consented to the preparation of abridged accounts in accordance with section 444(2A) of the Companies Act 2006.
           
The company has taken advantage of the exemption under section 444 not to file the Abridged Income Statement and Director's Report.
For the financial year ended 30 November 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
           
The director confirms that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.
           
The director acknowledges his responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.
           
Approved by the Director and authorised for issue on 29 August 2025
           
           
________________________________          
Michael Noone          
Director          
           



NOONE CONSTRUCTION LIMITED
NOTES TO THE ABRIDGED FINANCIAL STATEMENTS
FOR THE FINANCIAL YEAR ENDED 30 NOVEMBER 2024

   
1. General Information
 
Noone Construction Limited is a company limited by shares incorporated and registered in Northern Ireland. The registered number of the company is NI030128. The registered office of the company is 43 Clarendon Street, Derry, BT48 7ER, United Kingdom which is also the principal place of business of the company. The Principal Activity is the Contruction of Domestic Buildings The financial statements have been presented in Pound (£) which is also the functional currency of the company.
         
2. Summary of Significant Accounting Policies
 
The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.
 
Statement of compliance
The financial statements of the company for the financial year ended 30 November 2024 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.
 
Basis of preparation
The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.
 
Turnover
Turnover comprises the invoice value of goods supplied by the company, exclusive of trade discounts and value added tax.
 
Property, plant and equipment and depreciation
Property, plant and equipment are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of property, plant and equipment, less their estimated residual value, over their expected useful lives as follows:
 
  Plant and machinery - 10% Reducing Balance
  Fixtures, fittings and equipment - 10% Reducing Balance
  Motor vehicles - 20% Reducing Balance
 
The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.
 
Stocks
Stocks are valued at the lower of cost and net realisable value. Stocks are determined on a first-in first-out basis. Cost comprises expenditure incurred in the normal course of business in bringing stocks to their present location and condition.  Full provision is made for obsolete and slow moving items. Net realisable value comprises actual or estimated selling price (net of trade discounts) less all further costs to completion or to be incurred in marketing and selling.
 
Employee benefits
The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The company also operates a defined benefit pension scheme for its employees providing benefits based on final pensionable pay. The assets of this scheme are also held separately from those of the company, being invested with pension fund managers.
 
Taxation and deferred taxation
Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Statement of Financial Position date.
 
Foreign currencies
Monetary assets and liabilities denominated in foreign currencies are translated at the rates of exchange ruling at the Statement of Financial Position date. Non-monetary items that are measured in terms of historical cost in a foreign currency are translated at the rates of exchange ruling at the date of the transaction. Non-monetary items that are measured at fair value in a foreign currency are translated using the exchange rates at the date when the fair value was determined. The resulting exchange differences are dealt with in the Income Statement.
 
Ordinary share capital
The ordinary share capital of the company is presented as equity.
       
3. Employees
 
The average monthly number of employees, including director, during the financial year was 5, (2023 - 5).
 
  2024 2023
  Number Number
 
Operating staff 5 5
  ═════════ ═════════
           
4. Property, plant and equipment
  Plant and Fixtures, Motor Total
  machinery fittings and vehicles  
    equipment    
  £ £ £ £
Cost
At 1 December 2023 41,000 4,677 248,911 294,588
Additions 9,800 - 19,200 29,000
Disposals - - (93,451) (93,451)
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At 30 November 2024 50,800 4,677 174,660 230,137
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Depreciation
At 1 December 2023 26,378 3,467 136,507 166,352
Charge for the financial year 2,115 121 16,593 18,829
On disposals - - (88,968) (88,968)
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At 30 November 2024 28,493 3,588 64,132 96,213
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Net book value
At 30 November 2024 22,307 1,089 110,528 133,924
  ═════════ ═════════ ═════════ ═════════
At 30 November 2023 14,622 1,210 112,404 128,236
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