REGISTERED NUMBER: 10357460 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 JANUARY 2025

FOR

NOE GROUP HOLDINGS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S M Noe

Noe Group (Corporate Services) Limited

REGISTERED OFFICE:

2nd Floor, The Hide

3 Kingly Court

London

W1B 5PW

REGISTERED NUMBER:

10357460 (England and Wales)

ACCOUNTANTS:

Melinek Fine LLP

Chartered Accountants

First Floor, Winston House

349 Regents Park Road

London

N3 1DH

FIXED ASSETS

Investments

4

1,144,589

1,039,753

CURRENT ASSETS

Debtors

5

37,510

947,950

Investments

6

442,914

429,317

Cash at bank and in hand

50,437

749,990

530,861

2,127,257

CREDITORS

Amounts falling due within one year

7

36,417

435,746

NET CURRENT ASSETS

494,444

1,691,511

TOTAL ASSETS LESS CURRENT LIABILITIES

1,639,033

2,731,264

CREDITORS

Amounts falling due after more than one year

8

-

(780,203

)

PROVISIONS FOR LIABILITIES

-

(70,000

)

NET ASSETS

1,639,033

1,881,061

CAPITAL AND RESERVES

Called up share capital

3

3

Profit and loss account

1,639,030

1,881,058

SHAREHOLDERS' FUNDS

1,639,033

1,881,061

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 5 December 2025 and were signed on its behalf by:

Noe Group (Corporate Services) Limited - Director

1.	STATUTORY INFORMATION

Noe Group Holdings Limited 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.

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 as modified by the revaluation of certain assets.

Turnover

Turnover represents revenue recognised for the provision of asset management and other related services. Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

- the amount of revenue can be measured reliably;

- it is probable that the Company will receive the consideration due under the contract;

- the stage of completion of the contract at the end of the reporting period can be measured reliably; and

- the costs incurred and the costs to complete the contract can be measured reliably.

Turnover not invoiced at the balance sheet date is included within accrued income.

Financial instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently measured at amortised cost.

Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment.

Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.

For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics.

Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

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 balance sheet date.

Foreign currencies

The financial statements are prepared in sterling, which is the functional currency of the entity.

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Rentals payable under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Investments

Investments are measured at cost less provision for impairment.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - 32 ).

4.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

At 1 February 2024

1,039,753

Revaluations

104,836

At 31 January 2025

1,144,589

NET BOOK VALUE

At 31 January 2025

1,144,589

At 31 January 2024

1,039,753

Cost or valuation at 31 January 2025 is represented by:

Other

investments

£

Valuation in 2021

16,313

Valuation in 2022

(416,687

)

Valuation in 2023

(24,779

)

Valuation in 2024

104,836

Cost

1,464,906

1,144,589

5.

DEBTORS

2025

2024

£

£

Amounts falling due within one year:

Trade debtors

7,987

612,934

Other debtors

3

118,469

VAT

-

45,017

Prepayments and accrued income

-

171,530

7,990

947,950

Amounts falling due after more than one year:

Other debtors

29,520

-

Aggregate amounts

37,510

947,950

6.	CURRENT ASSET INVESTMENTS

2025

2024

£

£

Other investments

442,914

429,317

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

31,900

2,376

Social security and other taxes

-

89,226

VAT

317

-

Other creditors

-

216,418

Directors' current accounts

-

79,267

Accruals and deferred income

4,200

48,459

36,417

435,746

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Other loans - 2-5 years

-

780,203

9.	RELATED PARTY DISCLOSURES

Included in Debtors £29,520 (2023:£109,465) owed by companies controlled by the directors.

The amounts are interest free and repayable on demand.