REGISTERED NUMBER: 09875967 (England and Wales)

NOOOK LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2025

Page

Company Information

1

Statement of Financial Position

2

to

3

Notes to the Financial Statements

4

to

7

DIRECTORS:

J T Sherwood

T W K Sherwood

REGISTERED OFFICE:

14 All Saints Street

Stamford

Lincolnshire

PE9 2PA

REGISTERED NUMBER:

09875967 (England and Wales)

ACCOUNTANTS:

Duncan & Toplis Limited

14 All Saints Street

Stamford

Lincolnshire

PE9 2PA

FIXED ASSETS

Intangible assets

4

6,720

-

Property, plant and equipment

5

3,479

1,898

10,199

1,898

CURRENT ASSETS

Inventories

52,196

30,585

Debtors

6

1,246

2,212

Cash at bank and in hand

12,962

3,187

66,404

35,984

CREDITORS

Amounts falling due within one year

7

170,687

57,293

NET CURRENT LIABILITIES

(104,283

)

(21,309

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(94,084

)

(19,411

)

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

(94,184

)

(19,511

)

SHAREHOLDERS' FUNDS

(94,084

)

(19,411

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2025 in accordance with Section 476 of the Companies Act 2006.

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 have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 August 2026 and were signed on its behalf by:

T W K Sherwood - Director

1.	STATUTORY INFORMATION

Noook Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Going concern

The company has incurred a net loss for the year of £74,673 (2024: £19,511 loss).

At the balance sheet date the company had net current liabilities of £104,283 (2024: £21,309).

The company meets its day to day working capital requirements from loans provided by the Directors and a related party individual. At the balance sheet date the amount owed to the Directors was £2,394 (2024: £100). The amount owed to the related party individual was £164,693 (2024: £57,193) The directors and related party individual have given assurances that they will not withdraw this funding to the extent that it would jeopardise the company's ability to continue as a going concern. Further funding will be provided, as required.

For the above reasons, the directors believe it is appropriate to prepare the financial statements on the going concern basis.

Turnover

Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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.

Amortisation is provided at the following annual rates so as to write off the cost, less any estimated residual value over their useful life as follows:

Patents & licences - No amortisation (rights in perpetuity)

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures, Fittings & Equipment - 25% straight line

Plant & Machinery - 25% straight line

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Stocks

Stocks are valued at the lower of cost and estimated selling price less costs to complete and sell and after making due allowance for obsolete and slow moving items.

Financial instruments

The company has chosen to adopt the FRS102 1A in respect of financial instruments.

Basic financial assets, including trade and other debtors and cash and bank balances are initially recognised at transaction price, unless the arrangement constitute a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

At the end of each reporting period, financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired, the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset's original effective interest rate. The impairment loss is recognised in the income statement.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts 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 interest method.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

Additions

6,720

At 30 November 2025

6,720

NET BOOK VALUE

At 30 November 2025

6,720

5.	PROPERTY, PLANT AND EQUIPMENT

Plant and

machinery

etc

£

COST

At 1 December 2024

2,531

Additions

2,740

At 30 November 2025

5,271

DEPRECIATION

At 1 December 2024

633

Charge for year

1,159

At 30 November 2025

1,792

NET BOOK VALUE

At 30 November 2025

3,479

At 30 November 2024

1,898

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

523

2,212

Other debtors

723

-

1,246

2,212

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other creditors

170,687

57,293

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

1

100

100

9.	RELATED PARTY DISCLOSURES

At the year end the company owed a relative of the directors £164,693 (2024: £57,193). This loan is interest free and repayable on demand.