ACCOUNTS - Final Accounts preparation

Registered number: 12251036

THE NOBLE TRIBE LIMITED

UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

THE NOBLE TRIBE LIMITED

REGISTERED NUMBER: 12251036

BALANCE SHEET

AS AT 31 MARCH 2025

		2025		2024
Note		£		£

Fixed assets
Intangible assets	4		28,847		33,914
Tangible assets	5		30,417		49,402
			59,264		83,316
Current assets
Debtors: amounts falling due within one year	6	29,870		12,535
Cash at bank and in hand	7	4,659		5,324
		34,529		17,859
Creditors: amounts falling due within one year	8	(1,384,776)		(1,420,569)
Net current liabilities			(1,350,247)		(1,402,710)
Total assets less current liabilities			(1,290,983)		(1,319,394)

Net liabilities			(1,290,983)		(1,319,394)

Capital and reserves
Called up share capital	1,000	1,000
Profit and loss account	(1,291,983)	(1,320,394)
	(1,290,983)	(1,319,394)

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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.

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

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

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THE NOBLE TRIBE LIMITED

REGISTERED NUMBER: 12251036

BALANCE SHEET (CONTINUED)

AS AT 31 MARCH 2025

................................................

Irina Linovich

Director

Date: 23 December 2025

The notes on pages 4 to 8 form part of these financial statements.

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		THE NOBLE TRIBE LIMITED

STATEMENT OF CHANGES IN EQUITY

FOR THE YEAR ENDED 31 MARCH 2025

	Called up share capital	Profit and loss account	Total equity
	£	£	£
At 1 April 2023	1,000	(1,217,947)	(1,216,947)

Loss for the year	-	(102,447)	(102,447)
Total comprehensive income for the year	-	(102,447)	(102,447)

At 1 April 2024	1,000	(1,320,394)	(1,319,394)

Profit for the year	-	28,411	28,411
Total comprehensive income for the year	-	28,411	28,411
At 31 March 2025	1,000	(1,291,983)	(1,290,983)

The notes on pages 4 to 8 form part of these financial statements.

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THE NOBLE TRIBE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

1.	General information

The Noble Tribe Limited is a private company, limited by shares, registered in England and Wales. The company's registered number and registered office address are as below:
Registered number: 12251036
Registered office: 156 Portobello Road, Notting Hill, London, England, W11 2EB

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Revenue

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:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:

∙the Company has transferred the significant risks and rewards of ownership to the buyer;

∙the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;

∙the amount of revenue can be measured reliably;

∙it is probable that the Company will receive the consideration due under the transaction; and

∙the costs incurred or to be incurred in respect of the transaction can be measured reliably.

2.3

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

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THE NOBLE TRIBE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)

2.4

Intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Short-term leasehold property	-	10%
Plant and machinery	-	25%
Fixtures and fittings	-	25%
Office equipment	-	33%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.7

Cash and cash equivalents

Cash is represented by 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.

2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

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THE NOBLE TRIBE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

3.	Employees
		2025	2024
		£	£

Wages and salaries	-	103,536
Social security costs	-	4,882
Cost of defined contribution scheme	-	1,430
	-	109,848

The average monthly number of employees, including directors, during the year was 0 (2024 - 9).

4.	Intangible assets

		Trademarks
		£
	Cost
	At 1 April 2024	50,669
	At 31 March 2025	50,669
	Amortisation
	At 1 April 2024	16,755
	Charge for the year on owned assets	5,067
	At 31 March 2025	21,822
	Net book value
	At 31 March 2025	28,847
	At 31 March 2024	33,914

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THE NOBLE TRIBE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

5.	Tangible fixed assets

	Short-term leasehold property	Plant and machinery	Fixtures and fittings	Office equipment	Total
	£	£	£	£	£
Cost or valuation
At 1 April 2024	6,200	40,590	77,694	3,740	128,224
Additions	10,753	-	-	-	10,753
At 31 March 2025	16,953	40,590	77,694	3,740	138,977
Depreciation
At 1 April 2024	2,417	28,651	44,014	3,740	78,822
Charge for the year on owned assets	865	9,450	19,423	-	29,738
At 31 March 2025	3,282	38,101	63,437	3,740	108,560
Net book value
At 31 March 2025	13,671	2,489	14,257	-	30,417
At 31 March 2024	3,783	11,939	33,680	-	49,402

Debtors

					2025	2024
					£	£


Trade debtors	(2,907)	(20,242)
Amounts owed by group undertakings	30,295	30,295
Other debtors	2,157	2,157
Tax recoverable	325	325
	29,870	12,535

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THE NOBLE TRIBE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

7.	Cash and cash equivalents
		2025	2024
		£	£

Cash at bank and in hand	4,659	5,324
	4,659	5,324

8.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Trade creditors	-	2,337
Amounts owed to group undertakings	1,381,498	1,334,256
Other taxation and social security	3,232	4,632
Other creditors	46	77,844
Accruals and deferred income	-	1,500
	1,384,776	1,420,569

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