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Registered number: 15365991
Noah Advisors UK Ltd
Unaudited Financial Statements
For the Period 21 December 2023 to 31 December 2024
Mouktaris & Co Ltd
Chartered Accountants & Registered Auditors
156a Burnt Oak Broadway
Edgware
Middlesex
HA8 0AX
Contents
Page
Statement of Financial Position 1
Notes to the Financial Statements 2—3
Page 1
Statement of Financial Position
Registered number: 15365991
31 December 2024
Notes £ £
Creditors: Amounts Falling Due Within One Year 4 (7,153 )
NET CURRENT ASSETS (LIABILITIES) (7,153 )
TOTAL ASSETS LESS CURRENT LIABILITIES (7,153 )
NET LIABILITIES (7,153 )
CAPITAL AND RESERVES
Called up share capital 5 100
Income Statement (7,253 )
SHAREHOLDERS' FUNDS (7,153)
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 member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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 Income Statement.
On behalf of the board
Ms Ivanka Damyanova
Director
18 September 2025
The notes on pages 2 to 3 form part of these financial statements.
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Page 2
Notes to the Financial Statements
1. General Information
Noah Advisors UK Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 15365991 . The registered office is 156a Burnt Oak Broadway, Edgware, Middlesex, HA8 0AX.
The company was incorporated on 21 December 2023 and thereafter commenced trading in the activity of conference organisation. The company ceased trading thereafter, during the reporting period.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006. The financial statements are prepared in sterling, which is the functional currency of the entity.
2.2. Going Concern Disclosure
The company has net current liabilities of £7,153 and net liabilities of £7,153 at the reporting date. The director believes that the going concern basis is not appropriate as the company has ceased trading and the director intends to strike off the company.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.4. Financial Instruments
Basic financial assets
Basic financial assets include cash, trade receivables, loans receivable and other financial instruments that meet the relevant conditions.
These assets are initially recognised at transaction price (including transaction costs) unless the arrangement constitutes a financing transaction, in which case the asset is measured at the present value of future receipts discounted at a market rate of interest.
Subsequently, basic financial assets are measured at amortised cost using the effective interest method, less any impairment losses. At each reporting date, the company assesses whether there is objective evidence of impairment. If such evidence exists, the carrying amount is reduced and the loss is recognised in the income statement.
Basic financial assets are derecognised when the rights to the cash flows from the asset expire or are substantially transferred to a third party.
Basic financial liabilities
Basic financial liabilities include trade payables, accruals, loans payable and other financial instruments that meet the relevant conditions.
These liabilities are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction. In such cases, the liability is measured at the present value of future payments discounted at a market rate of interest.
Subsequently, basic financial liabilities are measured at amortised cost using the effective interest method.
Financial liabilities are derecognised when the obligation is discharged, cancelled, or expires.
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3. Average Number of Employees
Average number of employees, including directors, during the period was: 1
1
4. Creditors: Amounts Falling Due Within One Year
31 December 2024
£
Accruals and deferred income 3,000
Amounts owed to other participating interests 4,153
7,153
5. Share Capital
31 December 2024
£
Allotted, Called up and fully paid 100
6. Controlling Parties
The company's immediate parent undertaking is Noah Advisors Ltd (incorporated in Cyprus). Its registered office is 1 Louki Akrita Akritas Court, 2nd Floor, Flat/Office 202 Agia Zoni Limassol 3030 Cyprus . Copies of the group accounts may be obtained from the company's registered office.
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