Registration number: SC574740

Noizee Limited

Contents

Company Information	1
Accountants' Report	2
Balance Sheet	3
Notes to the Unaudited Financial Statements	4 to 7

Noizee Limited

Company Information

Directors

Gordon Robertson Georgina Robertson

Registered office Registration number

14 Simpson Wynd Kinross KY13 8GP SC574740 (Scotland)

Accountants

Brown, Scott & Main Chartered Accountants31 Townsend Place Kirkcaldy Fife KY1 1HB

Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Noizee Limited
for the Year Ended 31 August 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Noizee Limited for the year ended 31 August 2025 as set out on pages 3 to 7 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of The Institute of Chartered Accountants of Scotland, we are subject to its ethical and other professional requirements which are detailed at www.icas.com/accountspreparationguidance

This report is made solely to you, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the financial information of Noizee Limited and state those matters that we have agreed to state to you in this report in accordance with the requirements of The Institute of Chartered Accountants of Scotland as detailed at http://www.icas.com/accountspreparationguidance. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company for our work or for this report.

It is your duty to ensure that Noizee Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Noizee Limited. You consider that Noizee Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Noizee Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

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

Brown, Scott & Main
Chartered Accountants
31 Townsend Place
Kirkcaldy
Fife
KY1 1HB

29 May 2026

Noizee Limited

(Registration number: SC574740)
Balance Sheet as at 31 August 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	5	11,505	12,176
Current assets
Stock		67,380	73,100
Debtors	6	33,848	81,206
Cash at bank and in hand		13,049	985
		114,277	155,291
Creditors: Amounts falling due within one year	7	(155,549)	(171,649)
Net current liabilities		(41,272)	(16,358)
Total assets less current liabilities		(29,767)	(4,182)
Creditors: Amounts falling due after more than one year	7	(5,613)	(15,945)
Net liabilities		(35,380)	(20,127)
Capital and reserves
Called up share capital		100	100
Retained earnings		(35,480)	(20,227)
Shareholders' deficit		(35,380)	(20,127)

For the financial 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.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 29 May 2026 and signed on its behalf by:
 

......................................... Gordon Robertson Director

Noizee Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

1	General information

The company is a private company limited by share capital, incorporated in Scotland.

The address of its registered office is:
14 Simpson Wynd
Kinross
KY13 8GP
Scotland

The principal place of business is:
Unit 37 Fife Food Centre
Faraday Road
Glenrothes
Fife
KY6 2RU
Scotland

These financial statements were authorised for issue by the Board on 29 May 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention.

The presentation currency is sterling.

Going concern

The company made a loss of £15,523 (2024 £18,293) and had net liabilities of £35,380 (2024 £20,127). The financial statements have been prepared on the going concern basis. The directors consider this is appropriate as the company expects to meet its day to day commitments from working capital and existing financial arrangements as they fall due with the directors' support and believe the company will become profitable in the near future.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of value added tax, returns and discounts.

Tax

Taxation for the year comprises current and deferred tax. Tax is recognised in the profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

The current corporation tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Current or deferred taxation assets and liabilities are not discounted.

Noizee Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

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.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is provided at rates calculated so as to write off the cost less residual value of each asset over its expected useful life, as follows:

Asset class	Depreciation method and rate
Fixtures and fittings	10% per annum on the straight line basis
Equipment	25% per annum on the straight line basis

Impairment of assets
At each reporting date fixed assets are reviewed to determine whether there is any indication that those assets have suffered an impairment loss. If there is an indication of possible impairment, the recoverable amount of any affected asset is estimated and compared with its carrying amount. If the estimated recoverable amount is lower, the carrying amount is reduced to its estimated recoverable amount, and an impairment loss is recognised immediately in profit or loss.
If an impairment loss subsequently reverses, the carrying amount of the asset is increased to the revised estimate of its recoverable amount, but not in excess of the amount that would have been determined had no impairment loss been recognised for the asset in prior years. A reversal of an impairment loss is recognised immediately in profit or loss.
 

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Stock

Stock is stated at the lower of cost and net realisable value and comprises materials for the production of candles and diffusers.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective rate of interest.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Noizee Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

Defined contribution pension obligation

The company operates a defined contribution pension scheme, whose assets are held separately from those of the company. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate. The company currently makes contributions for one director.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2024 - 4).

4

Taxation

The company had no corporation tax liability for the year ended 31 August 2025 and has unused losses of £36,512 (2024 £21,930) available to carry forward.

5	Tangible assets

	Furniture, fittings and equipment  £	Total £
Cost
At 1 September 2024	18,604	18,604
Additions	1,750	1,750
At 31 August 2025	20,354	20,354
Depreciation
At 1 September 2024	6,428	6,428
Charge for the year	2,421	2,421
At 31 August 2025	8,849	8,849
Carrying amount
At 31 August 2025	11,505	11,505
At 31 August 2024	12,176	12,176

6

Debtors

Current	2025 £	2024 £
Trade debtors	13,430	45,051
Prepayments	8,830	22,667
Other debtors	11,588	13,488
	33,848	81,206

Noizee Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

7

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Loans and borrowings	8	35,497	22,000
Trade creditors		17,240	39,813
Taxation and social security		10,663	3,462
Accruals and deferred income		5,250	3,500
Other creditors		86,899	102,874
		155,549	171,649

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Loans and borrowings	8	5,613	15,945

8	Loans and borrowings

Current loans and borrowings

	2025 £	2024 £
Bank borrowings	2,000	2,000
Other borrowings	33,497	20,000
	35,497	22,000

Non-current loans and borrowings

	2025 £	2024 £
Bank borrowings	335	2,334
Other borrowings	5,278	13,611
	5,613	15,945