iso4217:GBP xbrli:pure xbrli:shares iso4217:GBP xbrli:shares SC420569 2025-12-31 SC420569 2024-12-31 SC420569 2025-01-01 2025-12-31 SC420569 2024-01-01 2024-12-31 SC420569 bus:Director2 2025-01-01 2025-12-31 SC420569 bus:Director1 2025-01-01 2025-12-31 SC420569 bus:SmallEntities 2025-01-01 2025-12-31 SC420569 bus:AuditExemptWithAccountantsReport 2025-01-01 2025-12-31 SC420569 bus:FilletedAccounts 2025-01-01 2025-12-31 SC420569 bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 SC420569 bus:Director1 2025-01-01 2025-12-31 SC420569 2025-01-01 2025-12-31 SC420569 bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31
NOBLE & COMPANY (UK) LIMITED
Registration Number SC420569 (Scotland)
Filleted Unaudited Financial Statements
for the year ended 31 December 2025
NOBLE & COMPANY (UK) LIMITED
Filleted Financial Statements for the year ended 31 December 2025
BALANCE SHEET
Notes
2025 £
2024 £
Fixed assets
Tangible assets
3
7,520
10,587
Investments
4
596,978
596,978
604,498
607,565
Current assets
Debtors:
- Due in one year
5
99,422
89,077
- Due after more than one year
5
86,597
86,597
Cash at bank and in hand
217,876
395,432
403,895
571,106
Current liabilities
Creditors: amounts falling due within one year
6
268,473
456,532
Net current assets
135,422
114,574
Total assets less current liabilities
739,920
722,139
Provision for liabilities
7
(1,612)
(2,347)
Net assets
738,308
719,792
Capital and reserves
Called up share capital
9
100,000
100,000
Share premium account
9
259,740
259,740
Profit and loss account
378,568
360,052
Shareholder's funds
738,308
719,792
For the year ended 31 December 2025, 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 of its financial statements for the financial year in accordance with section 476;
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts; and
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime of the Companies Act 2006 and in accordance with the provisions of FRS 102 Section 1A - small entities
The financial statements were approved and authorised for issue by the Board of Directors on 27 April 2026.
_______________________
_______________________
D A H McFadzean
R A Macpherson
The notes on pages 2 to 6 form part of these financial statements.
Company registration number: SC420569
NOBLE & COMPANY (UK) LIMITED
Filleted Financial Statements for the year ended 31 December 2025
NOTES TO THE FINANCIAL STATEMENTS
1.
Summary of significant accounting policies
General information and basis of preparation
Noble & Company (UK) Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in Scotland. The address of the Company's registered office is 95a George Street, Edinburgh, EH2 3ES, United Kingdom.
The financial statements have been prepared under the historical cost convention and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland' issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
These financial statements have been prepared in accordance with FRS 102 the Financial Reporting Standard applicable in the United Kingdom and the Republic of Ireland as adapted by Section 1A of FRS 102 and the Companies Act 2006.
The company's principal activity during the financial year was that of providing corporate finance advice.
The financial statements are prepared in sterling (£) which is the functional currency of the company and rounded to the nearest £.
Revenue recognition
Turnover is recognised at the fair value or consideration receivable for services provided in the course of the company's activities, net of VAT and other sales-related taxes.
Revenue from ongoing services is recognised over time as the service is provided.
Where the completion of contractual obligations is dependent on external events outside the control of the company, revenue is recognised at the point in time when those conditions are satisfied and the company becomes entitled to the consideration.
Current Tax
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
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Foreign currency
NOBLE & COMPANY (UK) LIMITED
Filleted Financial Statements for the year ended 31 December 2025
NOTES TO THE FINANCIAL STATEMENTS
Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Balance Sheet date are reported at the rates of exchange prevailing at that date. Exchange differences are recognised in the Profit and Loss Account in the period in which they arise.
NOBLE & COMPANY (UK) LIMITED
Filleted Financial Statements for the year ended 31 December 2025
NOTES TO THE FINANCIAL STATEMENTS
Leases
The Company as lessee
Rentals under operating leases are charged on a straight-line basis over the lease term, even if the payments are not made on such a basis. Benefits received and receivable as an incentive to sign an operating lease are similarly spread on a straight-line basis over the lease term.
Tangible fixed assets
Tangible fixed assets are stated at cost, less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.
Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset on a straight line or reducing balance basis over its expected useful life as follows:
Leasehold property
5 years straight line
Motor vehicles
33.33% reducing balance
Fixtures and fittings
5 year straight line
Computer equipment
3 year straight line
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.
Fixed asset investments
Investments are recognised initially at fair value which is normally the transaction price excluding transaction costs. Subsequently, they are measured at fair value through profit or loss if the shares are publicly traded or their fair value can otherwise be measured reliably. Other investments are measured at cost less impairment.
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.
Basic financial assets, which include trade and other debtors and cash, 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.
Basic financial liabilities, which include trade and other creditors, 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.
Impairment of financial assets
At each reporting date the company assesses whether there is objective evidence that any financial asset has been impaired. A provision for impairment is established when there is objective evidence that the company will not be able to collect all amounts due. The amount of the provision is recognised immediately in profit or loss.
NOBLE & COMPANY (UK) LIMITED
Filleted Financial Statements for the year ended 31 December 2025
NOTES TO THE FINANCIAL STATEMENTS
Government grants
Government grants are recognised based on the accrual model and are measured at the fair value of the asset received or receivable. Grants are classified as relating either to revenue or to assets. Grants relating to revenue are recognised in income over the period in which the related costs are recognised. Grants relating to assets are recognised over the expected useful life of the asset. Where part of a grant relating to an asset is deferred, it is recognised as deferred income.
Employee benefits
When employees have rendered service to the company, short-term employee benefits to which the employees are entitled are recognised at the undiscounted amount expected to be paid in exchange for that service.
Short term benefits, including holiday pay, are recognised as an expense in the period in which employees have become entitled to the benefits as a result of service rendered to the company.
The Company operates a defined contribution scheme. The amount charged to the Profit and Loss Account in respect of pension costs and other post-retirement benefits is the contributions payable in the financial year. Differences between contributions payable in the financial year and contributions actually paid are included as either accruals or prepayments in the Balance Sheet.
Termination benefits are recognised as an expense when the Company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.
2.
Employees
2025
2024
Employees
7
7
NOBLE & COMPANY (UK) LIMITED
Filleted Financial Statements for the year ended 31 December 2025
NOTES TO THE FINANCIAL STATEMENTS
3.
Tangible assets
Balances at year end and movements for the year
Leasehold property £
Motor vehicles £
Fixtures and fittings £
Computer equipment £
Total £
Cost
At 01 January 2025
5,042
85,250
18,466
5,840
114,598
Additions
-
-
-
928
928
At 31 December 2025
5,042
85,250
18,466
6,768
115,526
Depreciation
At 01 January 2025
(5,042)
(75,857)
(18,084)
(5,028)
(104,011)
Charge for the year
-
(3,149)
(130)
(716)
(3,995)
At 31 December 2025
(5,042)
(79,006)
(18,214)
(5,744)
(108,006)
Net book value
At 01 January 2025
-
9,393
382
812
10,587
At 31 December 2025
-
6,244
252
1,024
7,520
4.
Investments
Movement in investments
Investments £
Cost
At 01 January 2025
596,978
Additions
-
At 31 December 2025
596,978
Carrying amount
At 31 December 2024
596,978
At 31 December 2025
596,978
5.
Debtors
2025 £
2024 £
Amounts falling due within one year
Trade debtors
60,641
59,932
Other debtors
38,781
29,145
99,422
89,077
Amounts falling due after more than one year
Other debtors
86,597
86,597
86,597
86,597
Total debtors
186,019
175,674
NOBLE & COMPANY (UK) LIMITED
Filleted Financial Statements for the year ended 31 December 2025
NOTES TO THE FINANCIAL STATEMENTS
6.
Creditors: amounts falling due within one year
Creditors: amounts falling due within one year comprise:
2025 £
2024 £
Trade creditors
37,938
20,306
Other creditors
197,330
339,697
Social security and other taxes
13,163
13,507
Corporation tax
8,392
54,423
VAT
11,650
28,599
268,473
456,532
7.
Provision for liabilities
Details of set-off of deferred tax assets and liabilities
2025 £
2024 £
Deferred tax
(1,612)
(2,347)
8.
Financial commitments
Other financial commitments
2025 £
2024 £
Total commitments under non-cancellable operating leases not provided for in the accounts
34,727
55,269
9.
Called up share capital
Alloted, called up and fully paid
2025 £
2024 £
100.000 Ordinary shares of £1 each
100,000
100,000
10.
Related party transactions
2025 £
2024 £
Amounts owed by Director
(4,853)
(3,946)
Amounts owned to Director
140,762
175,012
Included within creditors due within one year are amounts of £140,762 (2024 - £175,012) owed to a director of the company. The loan is interest free and is due to mature on 4th December 2029, however this can redeemed at any time with written notice.
Included within other debtors due within one year are amounts owed by a director of £4,853 (2024 - £3,946). Total advances were made during the year of £6,931 and a total of £5,605 was repaid leaving a closing balance of £4,853 as at 31 December 2025. This balance is repayable on demand.
Appendix - Additional XBRL Tags and Values
Accounting standards applied
[Current]
bus_SmallEntities
Accounts status, audited or unaudited
[Current]
bus_AuditExemptWithAccountantsReport
Accounts type
[Current]
bus_FilletedAccounts
Applicable legislation
[Current]
bus_SmallCompaniesRegimeForAccounts
Average number of employees during the period
[Current]
7
Average number of employees during the period
[Prior]
7
Balance sheet date
[Current]
31 December 2025
Date of auditor's report
[Current]
0001-01-01
Date of authorisation of financial statements for issue
[Current]
27 April 2026
Director signing Directors' Report
[Current]
bus_Director1
Director signing financial statements
[Current]
bus_Director1
End date for period covered by report
[Current]
31 December 2025
Entity current legal or registered name
[Current]
Noble & Company (UK) Limited
Entity is dormant [true/false]
[Current]
false
Entity trading status
[Current]
[default]
Equity [Multiple Tags or Values]
[Prior]
1,439,584
Equity [Multiple Tags or Values]
[Current]
1,476,616
Legal form of entity
[Current]
bus_PrivateLimitedCompanyLtd
Name of entity auditors
[Current]
CT
Name of entity officer
[Current]
R A Macpherson
Name of entity officer
[Current]
D A H McFadzean
Name of individual auditor
[Current]
CT
Name of production software
[Current]
Draftworx Cloud
Start date for period covered by report
[Current]
01 January 2025
UK Companies House registered number
[Current]
SC420569
Version of production software
[Current]
2026.8.0.0