Nobel Thinking Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 11495417

Nobel Thinking Ltd

Filleted Unaudited Financial Statements

31 August 2025

Nobel Thinking Ltd

Statement of Financial Position

31 August 2025

	2025	2024
Note	£	£

Fixed assets

Tangible assets	5	54,470	34,514

Current assets

Debtors	6	–	1,394
Cash at bank and in hand		11,125	1,553
		--------	-------
		11,125	2,947

Creditors: amounts falling due within one year	7	( 11,534)	( 7,327)
		--------	-------
Net current liabilities		( 409)	( 4,380)
		--------	--------
Total assets less current liabilities		54,061	30,134

Creditors: amounts falling due after more than one year	8	( 41,048)	( 27,615)

Provisions	( 1,427)	658
	--------	--------
Net assets	11,586	3,177
	--------	--------

Capital and reserves

Called up share capital	1,000	1,000
Profit and loss account	10,586	2,177
	--------	-------
Shareholders funds	11,586	3,177
	--------	-------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

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

Nobel Thinking Ltd

Statement of Financial Position (continued)

31 August 2025

These financial statements were approved by the board of directors and authorised for issue on 26 May 2026 , and are signed on behalf of the board by:

F Roche
Director

Company registration number: 11495417

Nobel Thinking Ltd

Notes to the Financial Statements

Year ended 31 August 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 41 Marlyns Drive, Guildford, Surrey, GU4 7LT.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

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

Going concern

At the year end the company had net current liabilities of £409 (2024:£4,380). The directors consider it appropriate for the accounts to be prepared on a going concern basis and that the shareholders will continue to support the company for a minimum of 12 months from the date of the financial statements.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for services rendered, stated net of discounts and of Value Added Tax.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Motor vehicles	-	20% straight line
Equipment	-	33% straight line

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Finance leases and hire purchase contracts

Assets held under finance leases and hire purchase contracts are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.

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 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.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 1 (2024: 1 ).

5. Tangible assets

	Motor vehicles	Equipment	Total
	£	£	£
Cost
At 1 September 2024	56,713	7,231	63,944
Additions	56,119	–	56,119
Disposals	( 53,683)	–	( 53,683)
	--------	-------	--------
At 31 August 2025	59,149	7,231	66,380
	--------	-------	--------
Depreciation
At 1 September 2024	23,291	6,139	29,430
Charge for the year	3,412	541	3,953
Disposals	( 21,473)	–	( 21,473)
	--------	-------	--------
At 31 August 2025	5,230	6,680	11,910
	--------	-------	--------
Carrying amount
At 31 August 2025	53,919	551	54,470
	--------	-------	--------
At 31 August 2024	33,422	1,092	34,514
	--------	-------	--------

6. Debtors

	2025	2024
	£	£
Trade debtors	–	1,250
Other debtors	–	144
	----	-------
	–	1,394
	----	-------

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Corporation tax	1,402	–
Other creditors	10,132	7,327
	--------	-------
	11,534	7,327
	--------	-------

8. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Other creditors	41,048	27,615
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