| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Year Ended 31 July 2025 |
| for |
| THE NOBLE LEISURE COMPANY LIMITED |
| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Year Ended 31 July 2025 |
| for |
| THE NOBLE LEISURE COMPANY LIMITED |
| THE NOBLE LEISURE COMPANY LIMITED (REGISTERED NUMBER: SC135188) |
| Contents of the Financial Statements |
| FOR THE YEAR ENDED 31 JULY 2025 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| THE NOBLE LEISURE COMPANY LIMITED |
| Company Information |
| FOR THE YEAR ENDED 31 JULY 2025 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Fairway House |
| Links Business Park |
| St Mellons |
| Cardiff |
| CF3 0LT |
| THE NOBLE LEISURE COMPANY LIMITED (REGISTERED NUMBER: SC135188) |
| Balance Sheet |
| 31 JULY 2025 |
| 2025 | 2024 |
| Notes | £ | £ |
| FIXED ASSETS |
| Intangible assets | 4 |
| Tangible assets | 5 |
| Investments | 6 |
| CURRENT ASSETS |
| Stocks | 7 |
| Debtors | 8 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 9 | ( |
) | ( |
) |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
10 |
( |
) |
( |
) |
| PROVISIONS FOR LIABILITIES | 12 | ( |
) | ( |
) |
| NET ASSETS |
| THE NOBLE LEISURE COMPANY LIMITED (REGISTERED NUMBER: SC135188) |
| Balance Sheet - continued |
| 31 JULY 2025 |
| 2025 | 2024 |
| Notes | £ | £ |
| CAPITAL AND RESERVES |
| Called up share capital | 13 |
| Revaluation reserve | 14 |
| Retained earnings | 14 |
| SHAREHOLDERS' FUNDS |
| The directors acknowledge their responsibilities for: |
| (a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
| (b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| THE NOBLE LEISURE COMPANY LIMITED (REGISTERED NUMBER: SC135188) |
| Notes to the Financial Statements |
| FOR THE YEAR ENDED 31 JULY 2025 |
| 1. | STATUTORY INFORMATION |
| The Noble Leisure Company Limited is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
| Goodwill |
| Intangible assets |
| Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses. |
| Tangible fixed assets |
| Freehold property | - |
| Plant and machinery | - |
| Fixtures and fittings | - |
| Motor vehicles | - |
| Investments in subsidiaries |
| Investments in subsidiary undertakings are recognised at cost. |
| Stocks |
| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
| Taxation |
| Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
| Current or deferred taxation assets and liabilities are not discounted. |
| 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. |
| THE NOBLE LEISURE COMPANY LIMITED (REGISTERED NUMBER: SC135188) |
| Notes to the Financial Statements - continued |
| FOR THE YEAR ENDED 31 JULY 2025 |
| 2. | ACCOUNTING POLICIES - continued |
| 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. |
| Hire purchase and leasing commitments |
| Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter. |
| The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability. |
| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease. |
| Pension costs and other post-retirement benefits |
| The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate. |
| Investments |
| Fixed asset investments are stated at cost less provision for permanent diminution in value. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| THE NOBLE LEISURE COMPANY LIMITED (REGISTERED NUMBER: SC135188) |
| Notes to the Financial Statements - continued |
| FOR THE YEAR ENDED 31 JULY 2025 |
| 4. | INTANGIBLE FIXED ASSETS |
| Goodwill |
| £ |
| COST |
| At 1 August 2024 |
| and 31 July 2025 |
| AMORTISATION |
| At 1 August 2024 |
| and 31 July 2025 |
| NET BOOK VALUE |
| At 31 July 2025 |
| At 31 July 2024 |
| 5. | TANGIBLE FIXED ASSETS |
| Fixtures |
| Freehold | Plant and | and | Motor |
| property | machinery | fittings | vehicles | Totals |
| £ | £ | £ | £ | £ |
| COST OR VALUATION |
| At 1 August 2024 |
| Additions |
| Disposals | ( |
) | ( |
) |
| Revaluations | ( |
) | ( |
) |
| At 31 July 2025 |
| DEPRECIATION |
| At 1 August 2024 |
| Charge for year |
| Eliminated on disposal | ( |
) | ( |
) |
| Revaluation adjustments | ( |
) | ( |
) |
| At 31 July 2025 |
| NET BOOK VALUE |
| At 31 July 2025 |
| At 31 July 2024 |
| THE NOBLE LEISURE COMPANY LIMITED (REGISTERED NUMBER: SC135188) |
| Notes to the Financial Statements - continued |
| FOR THE YEAR ENDED 31 JULY 2025 |
| 5. | TANGIBLE FIXED ASSETS - continued |
| Cost or valuation at 31 July 2025 is represented by: |
| Fixtures |
| Freehold | Plant and | and | Motor |
| property | machinery | fittings | vehicles | Totals |
| £ | £ | £ | £ | £ |
| Valuation in 2006 | 5,893,492 | - | - | - | 5,893,492 |
| Valuation in 2012 | (4,405,452 | ) | - | - | - | (4,405,452 | ) |
| Valuation in 2015 | 500,000 | - | - | - | 500,000 |
| Valuation in 2022 | 362,343 | - | - | - | 362,343 |
| Valuation in 2025 | (275,000 | ) | - | - | - | (275,000 | ) |
| Cost | 1,169,617 | 2,494,836 | 285,147 | 36,049 | 3,985,649 |
| 3,245,000 | 2,494,836 | 285,147 | 36,049 | 6,061,032 |
| If freehold land and buildings had not been revalued they would have been included at the following historical cost: |
| 2025 | 2024 |
| £ | £ |
| Cost | 1,169,617 | 1,169,617 |
| Aggregate depreciation | 491,513 | 468,121 |
| Freehold land and buildings were valued on an open market basis on by BNP Paripas and Graham & Sibbald RICS . |
| On the 28 May 2026, BNP Paripas revalued one of the company's freehold properties at £1,295,000. The historic cost of this property was £697,687. |
| On the 28 May 2026, Graham & Sibbald RICS, revalued two of the company's freehold properties at £1,950,000.The historic cost of these properties was £471,930. |
| THE NOBLE LEISURE COMPANY LIMITED (REGISTERED NUMBER: SC135188) |
| Notes to the Financial Statements - continued |
| FOR THE YEAR ENDED 31 JULY 2025 |
| 5. | TANGIBLE FIXED ASSETS - continued |
| Fixed assets, included in the above, which are held under hire purchase contracts are as follows: |
| Plant and |
| machinery |
| £ |
| COST OR VALUATION |
| At 1 August 2024 |
| Transfer to ownership | (75,278 | ) |
| At 31 July 2025 |
| DEPRECIATION |
| At 1 August 2024 |
| Transfer to ownership | (33,009 | ) |
| At 31 July 2025 |
| NET BOOK VALUE |
| At 31 July 2025 |
| At 31 July 2024 |
| 6. | FIXED ASSET INVESTMENTS |
| 2025 | 2024 |
| £ | £ |
| Shares in group undertakings |
| Other investments not loans |
| Additional information is as follows: |
| Shares in |
| group | Unlisted |
| undertakings | investments | Totals |
| £ | £ | £ |
| COST |
| At 1 August 2024 | 2,240,282 |
| Additions | 196,530 |
| Impairments | ( |
) | (2,436,811 | ) |
| At 31 July 2025 | 1 |
| NET BOOK VALUE |
| At 31 July 2025 | 1 |
| At 31 July 2024 | 2,240,282 |
| THE NOBLE LEISURE COMPANY LIMITED (REGISTERED NUMBER: SC135188) |
| Notes to the Financial Statements - continued |
| FOR THE YEAR ENDED 31 JULY 2025 |
| 6. | FIXED ASSET INVESTMENTS - continued |
| Investments (neither listed nor unlisted) were as follows: |
| 2025 | 2024 |
| £ | £ |
| Other investment | 24,395 | - |
| The company's investments at the Balance Sheet date in the share capital of companies include the following: |
| Registered office: |
| Nature of business: |
| % |
| Class of shares: | holding |
| 2025 | 2024 |
| £ | £ |
| Aggregate capital and reserves | ( |
) | ( |
) |
| Loss for the year | ( |
) | ( |
) |
| 7. | STOCKS |
| 2025 | 2024 |
| £ | £ |
| Stocks |
| 8. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Trade debtors |
| Other debtors |
| Amounts due from group undertaking |
2,662,406 |
2,654,172 |
| Prepayments |
| THE NOBLE LEISURE COMPANY LIMITED (REGISTERED NUMBER: SC135188) |
| Notes to the Financial Statements - continued |
| FOR THE YEAR ENDED 31 JULY 2025 |
| 9. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Bank loans and overdrafts |
| Hire purchase contracts |
| Trade creditors |
| Tax |
| Social security and other taxes |
| Other creditors |
| Due to related parties | - | 95,934 |
| Accrued expenses |
| 10. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Bank loans - 1-2 years |
| Bank loans - 2-5 years |
| Bank loans more 5 yr by instal |
| Hire purchase contracts |
| Amounts falling due in more than five years: |
| Repayable by instalments |
| Bank loans more 5 yr by instal | 342,258 | 461,191 |
| 11. | SECURED DEBTS |
| The following secured debts are included within creditors: |
| 2025 | 2024 |
| £ | £ |
| Bank loans |
| Hire purchase contracts | 17,839 | 20,987 |
| The Royal Bank of Scotland hold a bond and floating charge over the assets of the company. They also hold first standard securities over the property at 47-49 Figgate Lane, Portobello (The Tower), The Tower Amusement Arcade, Figgate Lane, Portobello and The Boardwalk, Beach Esplanade, Aberdeen. |
| THE NOBLE LEISURE COMPANY LIMITED (REGISTERED NUMBER: SC135188) |
| Notes to the Financial Statements - continued |
| FOR THE YEAR ENDED 31 JULY 2025 |
| 12. | PROVISIONS FOR LIABILITIES |
| 2025 | 2024 |
| £ | £ |
| Deferred tax | 74,894 | 87,384 |
| Deferred |
| tax |
| £ |
| Balance at 1 August 2024 |
| Accelerated capital allowances |
| adjustment | (12,490 | ) |
| Balance at 31 July 2025 |
| 13. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2025 | 2024 |
| value: | £ | £ |
| Ordinary | 1 | 1,000 | 1,000 |
| 14. | RESERVES |
| Retained | Revaluation |
| earnings | reserve | Totals |
| £ | £ | £ |
| At 1 August 2024 | 7,602,464 |
| Deficit for the year | ( |
) | ( |
) |
| Dividends | ( |
) | ( |
) |
| Revaluation in the year | 211,200 | (275,000 | ) | (63,800 | ) |
| At 31 July 2025 | 5,198,252 |
| 15. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
| At the year end, Mr M Noble is owed £Nil by the company, the amount is interest free and repayable on demand. |
| 16. | ULTIMATE CONTROLLING PARTY |
| The controlling party is M Noble. |