ACCOUNTS - Final Accounts preparation

Registered number: 14090888

THE NOBLE TRIBE EVENTS LTD

UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

THE NOBLE TRIBE EVENTS LTD

REGISTERED NUMBER: 14090888

BALANCE SHEET

AS AT 31 MARCH 2025

		2025		2024
Note		£		£

Fixed assets
Tangible assets	4		973,981		316,198
			973,981		316,198
Current assets
Stocks		7,956		-
Debtors: amounts falling due within one year	5	102,739		189,478
Cash at bank and in hand	6	7,873		275
		118,568		189,753
Creditors: amounts falling due within one year	7	(1,991,875)		(865,541)
Net current liabilities			(1,873,307)		(675,788)
Total assets less current liabilities			(899,326)		(359,590)
Creditors: amounts falling due after more than one year	8		(348,308)		(348,308)

Net liabilities			(1,247,634)		(707,898)

Capital and reserves
Called up share capital	100	100
Profit and loss account	(1,247,734)	(707,998)
	(1,247,634)	(707,898)

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:

Page 1

THE NOBLE TRIBE EVENTS LTD

REGISTERED NUMBER: 14090888

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.

Page 2


		THE NOBLE TRIBE EVENTS LTD

STATEMENT OF CHANGES IN EQUITY

FOR THE YEAR ENDED 31 MARCH 2025

	Called up share capital	Profit and loss account	Total equity
	£	£	£
At 1 June 2023	100	(408,065)	(407,965)

Loss for the period	-	(299,933)	(299,933)
Total comprehensive income for the period	-	(299,933)	(299,933)
Total transactions with owners	-	-	-

At 1 April 2024	100	(707,998)	(707,898)

Loss for the year	-	(539,736)	(539,736)
Total comprehensive income for the year	-	(539,736)	(539,736)
At 31 March 2025	100	(1,247,734)	(1,247,634)

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

Page 3

THE NOBLE TRIBE EVENTS LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

1.	General information

Noble Tribe Events Ltd is a private company, limited by shares, registered in England and Wales. The company'sregistered number and registered office address are as below:
Registered number: 14090888
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.

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.

Page 4

THE NOBLE TRIBE EVENTS LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)

2.3

Operating leases: the Company as lessee

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

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

2.4

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:

Freehold property	-	10%
Long-term leasehold property	-	10%
Plant and machinery	-	25%
Fixtures and fittings	-	25%
Office equipment	-
Computer equipment	-	33%
Other fixed assets	-	25%

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.

2.5

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately 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.

Page 5

THE NOBLE TRIBE EVENTS LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)

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.

Employees

The average monthly number of employees, including directors, during the year was 0 (2024 - 2).

4.	Tangible fixed assets

	Freehold property	Long-term leasehold property	Plant and machinery	Fixtures and fittings	Office equipment
	£	£	£	£	£
Cost or valuation
At 1 April 2024	34,000	234,120	78,689	3,742	-
Additions	677,548	-	41,207	63,042	833
At 31 March 2025	711,548	234,120	119,896	66,784	833
Depreciation
At 1 April 2024	3,402	25,225	20,574	936	-
Charge for the year on owned assets	62,050	17,080	28,561	15,357	208
At 31 March 2025	65,452	42,305	49,135	16,293	208
Net book value
At 31 March 2025	646,096	191,815	70,761	50,491	625
At 31 March 2024	30,598	208,895	58,115	2,806	-

Page 6

THE NOBLE TRIBE EVENTS LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

4.Tangible fixed assets (continued)

	Computer equipment	Other fixed assets	Total
	£	£	£
Cost or valuation
At 1 April 2024	4,450	17,840	372,841
Additions	6,340	-	788,970
At 31 March 2025	10,790	17,840	1,161,811
Depreciation
At 1 April 2024	2,046	4,460	56,643
Charge for the year on owned assets	3,471	4,460	131,187
At 31 March 2025	5,517	8,920	187,830
Net book value
At 31 March 2025	5,273	8,920	973,981
At 31 March 2024	2,404	13,380	316,198

Debtors

					2025	2024
					£	£


Trade debtors	1,200	1,677
Amounts owed by group undertakings	9,166	9,150
Other debtors	61,948	131,663
Prepayments and accrued income	30,425	46,988
	102,739	189,478

Page 7

THE NOBLE TRIBE EVENTS LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

6.	Cash and cash equivalents
		2025	2024
		£	£

Cash at bank and in hand	7,873	275
	7,873	275

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

Trade creditors	84,246	29,972
Amounts owed to group undertakings	1,688,930	724,289
Other taxation and social security	98,861	-
Other creditors	111,287	109,780
Accruals and deferred income	8,551	1,500
	1,991,875	865,541

8.	Creditors: Amounts falling due after more than one year
		2025	2024
		£	£

Amounts owed to group undertakings	348,308	348,308
	348,308	348,308

Page 8