Company Registration No. 11466843 (England and Wales)
Nobel Invest Ltd
Unaudited accounts
for the year ended 31 December 2024
Nobel Invest Ltd
Unaudited accounts
Contents
Nobel Invest Ltd
Company Information
for the year ended 31 December 2024
Directors
Mr F Vaeremans
Mrs M Vaeremans
Company Number
11466843 (England and Wales)
Registered Office
Lytchett House 13 Freeland Park
Wareham Road
Poole
Dorset
BH16 6FA
United Kingdom
Accountants
Miles & Co
157 Woodlands Park Drive
Dunmow
Essex
CM6 1WT
Nobel Invest Ltd
Statement of financial position
as at 31 December 2024
Investment property
284,596
284,596
Cash at bank and in hand
1,625
2,839
Creditors: amounts falling due within one year
(950)
(1,460)
Net current assets
3,446
3,756
Total assets less current liabilities
288,042
288,500
Creditors: amounts falling due after more than one year
(288,735)
(285,873)
Net (liabilities)/assets
(693)
2,627
Called up share capital
2
2
Profit and loss account
(695)
2,625
Shareholders' funds
(693)
2,627
For the year 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 26 September 2025 and were signed on its behalf by
Mr F Vaeremans
Director
Company Registration No. 11466843
Nobel Invest Ltd
Notes to the Accounts
for the year ended 31 December 2024
Nobel Invest Ltd is a private company, limited by shares, registered in England and Wales, registration number 11466843. The registered office is Lytchett House 13 Freeland Park, Wareham Road, Poole, Dorset, BH16 6FA, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
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 as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover represents rental income.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
3 years straight line
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
The company has elected to apply the provisions of Section 11: 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.
The company only enters into basic financial instruments that result in the recognition of financial assets and liabilities such as trade debtors and creditors.
Financial assets and liabilities are offset and the net amount reported in the statements of financial position when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
Short term debtors are measured at transaction price, less any impairments.
Nobel Invest Ltd
Notes to the Accounts
for the year ended 31 December 2024
Cash and cash equivalents
Cash is represented by current accounts, cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.
Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
4
Tangible fixed assets
Computer equipment
Fair value at 1 January 2024
284,596
At 31 December 2024
284,596
Investment property has been initially recognised at cost price. It is the directors opinion that the fair value of the properties at the year end is not materially different from the above stated cost price.
Nobel Invest Ltd
Notes to the Accounts
for the year ended 31 December 2024
Amounts falling due within one year
Accrued income and prepayments
2,161
1,885
7
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
-
510
8
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
203,214
203,214
Loans from directors
85,521
82,659
Aggregate of amounts that fall due for payment after five years
203,214
203,214
The above bank loan represents a mortgage and is secured on the properties concerned.
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
10
Average number of employees
During the year the average number of employees was 2 (2023: 2).