IRIS Accounts Production v25.2.0.378 04186485 Board of Directors Board of Directors 1.2.24 31.1.25 31.1.25 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh041864852024-01-31041864852025-01-31041864852024-02-012025-01-31041864852023-01-31041864852023-02-012024-01-31041864852024-01-3104186485ns15:EnglandWales2024-02-012025-01-3104186485ns14:PoundSterling2024-02-012025-01-3104186485ns10:Director12024-02-012025-01-3104186485ns10:Director22024-02-012025-01-3104186485ns10:PrivateLimitedCompanyLtd2024-02-012025-01-3104186485ns10:SmallEntities2024-02-012025-01-3104186485ns10:AuditExempt-NoAccountantsReport2024-02-012025-01-3104186485ns10:SmallCompaniesRegimeForDirectorsReport2024-02-012025-01-3104186485ns10:SmallCompaniesRegimeForAccounts2024-02-012025-01-3104186485ns10:FullAccounts2024-02-012025-01-3104186485ns10:CompanySecretary12024-02-012025-01-3104186485ns10:RegisteredOffice2024-02-012025-01-3104186485ns5:CurrentFinancialInstruments2025-01-3104186485ns5:CurrentFinancialInstruments2024-01-3104186485ns5:Non-currentFinancialInstruments2025-01-3104186485ns5:Non-currentFinancialInstruments2024-01-3104186485ns5:ShareCapital2025-01-3104186485ns5:ShareCapital2024-01-3104186485ns5:RetainedEarningsAccumulatedLosses2025-01-3104186485ns5:RetainedEarningsAccumulatedLosses2024-01-3104186485ns5:PlantMachinery2024-01-3104186485ns5:FurnitureFittings2024-01-3104186485ns5:MotorVehicles2024-01-3104186485ns5:PlantMachinery2024-02-012025-01-3104186485ns5:FurnitureFittings2024-02-012025-01-3104186485ns5:MotorVehicles2024-02-012025-01-3104186485ns5:PlantMachinery2025-01-3104186485ns5:FurnitureFittings2025-01-3104186485ns5:MotorVehicles2025-01-3104186485ns5:PlantMachinery2024-01-3104186485ns5:FurnitureFittings2024-01-3104186485ns5:MotorVehicles2024-01-3104186485ns5:WithinOneYearns5:CurrentFinancialInstruments2025-01-3104186485ns5:WithinOneYearns5:CurrentFinancialInstruments2024-01-31
REGISTERED NUMBER: 04186485 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025

FOR

JOHN NOBLE LTD

JOHN NOBLE LTD (REGISTERED NUMBER: 04186485)

CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 January 2025










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


JOHN NOBLE LTD

COMPANY INFORMATION
for the year ended 31 January 2025







DIRECTORS: Mr J L Noble
Mr B Noble





SECRETARY: Mr B Noble





REGISTERED OFFICE: Bridge Cottage
Ruswarp
Whitby
North Yorkshire
YO21 1NJ





REGISTERED NUMBER: 04186485 (England and Wales)

JOHN NOBLE LTD (REGISTERED NUMBER: 04186485)

STATEMENT OF FINANCIAL POSITION
31 January 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 50,741 57,989
Investment property 5 - 375,000
50,741 432,989

CURRENT ASSETS
Inventories 19,938 -
Debtors 6 222,860 159,770
Cash at bank 38,307 19,654
281,105 179,424
CREDITORS
Amounts falling due within one year 7 263,175 220,076
NET CURRENT ASSETS/(LIABILITIES) 17,930 (40,652 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

68,671

392,337

CREDITORS
Amounts falling due after more than one year 8 - (41,243 )

PROVISIONS FOR LIABILITIES (12,685 ) (32,434 )
NET ASSETS 55,986 318,660

CAPITAL AND RESERVES
Called up share capital 300 300
Retained earnings 55,686 318,360
SHAREHOLDERS' FUNDS 55,986 318,660

JOHN NOBLE LTD (REGISTERED NUMBER: 04186485)

STATEMENT OF FINANCIAL POSITION - continued
31 January 2025


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 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.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 August 2025 and were signed on its behalf by:




Mr J L Noble - Director



Mr B Noble - Director


JOHN NOBLE LTD (REGISTERED NUMBER: 04186485)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 January 2025


1. STATUTORY INFORMATION

John Noble Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Going concern
The directors have considered the financial resources and commitments of the company and have concluded that there are sufficient resources in place to continue operating for the foreseeable future. The directors therefore consider it appropriate to continue to prepare the accounts on the going concern basis.

Significant judgements and estimates
In preparing the financial statements, management is required to make estimates and assumptions which affect reported income, expenses, assets, liabilities and disclosure of contingent assets and liabilities. Use of available information and application of judgement are inherent in the formation of estimates, together with past experience and expectations of future events that are believed to be reasonable under the circumstances. Actual results in the future could differ from such estimates.

Critical judgements in applying the company's policies
No significant judgements have had to be made by management in preparing these financial statements.

Critical accounting estimates and assumptions
The directors do not consider that any estimates or assumptions used in the preparation of these financial statements have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year.

Revenue
Revenue represents goods and services supplied, excluding value added tax. Revenue is recognised to the extent that the company has obtained the right to consideration through its performance and is measured at the fair value of the right to consideration by reference to the relevant stage of completion.

Property, plant and equipment
Items of property, plant and equipment are initially measured at cost. After initial recognition items of property, plant and equipment are measured at cost less any accumulated depreciation and any accumulated impairment losses.

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset overs its estimated useful life.


Plant and machinery- 10% on reducing balance
Fixtures and fittings- 10% or 33% on reducing balance
Motor vehicles- 20% on reducing balance

Investment property
Investment property is initially measured at fair value. Changes in fair value at the reporting date are recognised in the profit or loss for the year.

Stocks
Stocks are valued at the lower of cost and net realisable value.

In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of completion.

JOHN NOBLE LTD (REGISTERED NUMBER: 04186485)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 January 2025


2. ACCOUNTING POLICIES - continued

Financial instruments
The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities such as trade, other accounts receivable and payable and loans to related parties.

Debt instruments that are payable or receivable within one year, typically trade payables or receivables, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received.

Debt instruments such as loans and other accounts receivable and payable are initially measured at present value of the future payments and subsequently at amortised costs using the effective interest method.

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Leasing commitments
Operating lease rentals are charged against profits of the period to which they relate.

Pension costs and other post-retirement benefits
Payments to defined contribution pension schemes are charged as an expense in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 6 ) .

4. PROPERTY, PLANT AND EQUIPMENT
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 February 2024
and 31 January 2025 198,203 9,876 42,112 250,191
DEPRECIATION
At 1 February 2024 154,836 8,587 28,779 192,202
Charge for year 4,336 246 2,666 7,248
At 31 January 2025 159,172 8,833 31,445 199,450
NET BOOK VALUE
At 31 January 2025 39,031 1,043 10,667 50,741
At 31 January 2024 43,367 1,289 13,333 57,989

JOHN NOBLE LTD (REGISTERED NUMBER: 04186485)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 January 2025


5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 February 2024 375,000
Disposals (375,000 )
At 31 January 2025 -
NET BOOK VALUE
At 31 January 2025 -
At 31 January 2024 375,000

The fair value of investment property at each year end has been arrived at on the basis of valuations carried out by the directors of the company who are not professionally qualified valuers.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 21,894 22,043
Amounts owed by group undertakings 185,631 122,064
Other debtors 15,335 15,663
222,860 159,770

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Bank loans and overdrafts - 12,690
Trade creditors 5,800 4,094
Taxation and social security 17,940 7,999
Other creditors 239,435 195,293
263,175 220,076

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2025 2024
£    £   
Bank loans - 41,243

9. RELATED PARTY DISCLOSURES

A director operates a loan account with the company. At the year end the amount owed to the director was £15,986 (2024 - £14,585). No interest is charged to the company (2024 - nil).