Company No: 10389681 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTOR

Mr S A Edler

SECRETARY

Ms E Edler

REGISTERED OFFICE	2 Leman Street
	London
	E1W 9US
	United Kingdom

COMPANY NUMBER

10389681 (England and Wales)

ACCOUNTANT	Gravita Business Services II Limited
	Aldgate Tower
	2 Leman Street
	London
	E1 8FA
	United Kingdom

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	3	28,523		36,719
Investments	4	1		0
		28,524		36,719
Current assets
Debtors	5	787,237		9,713
Cash at bank and in hand		9,195		134,555
		796,432		144,268
Creditors: amounts falling due within one year	6	( 152,883)		( 15,032)
Net current assets		643,549		129,236
Total assets less current liabilities		672,073		165,955
Creditors: amounts falling due after more than one year	7	( 589,000)		( 52,915)
Provision for liabilities		( 7,131)		( 9,180)
Net assets		75,942		103,860
Capital and reserves
Called-up share capital		100		100
Profit and loss account		75,842		103,760
Total shareholders' funds		75,942		103,860

For the financial year ending 30 September 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 financial year in accordance with section 476;
• The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Noble Living Limited (registered number: 10389681) were approved and authorised for issue by the Director on 10 September 2026. They were signed on its behalf by:

Mr S A Edler Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Noble Living Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 2 Leman Street, London, E1W 9US, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, 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.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Employee benefits

Short term benefits
The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

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.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Plant and machinery	3 years straight line
Vehicles	25 % reducing balance
Computer equipment	3 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

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.

Leases

The Company as lessee
Assets held under finance leases, hire purchase contracts and other similar arrangements, which confer rights and obligations similar to those attached to owned assets, are capitalised as tangible fixed assets at the fair value of the leased asset (or, if lower, the present value of the minimum lease payments as determined at the inception of the lease) and are depreciated over the shorter of the lease terms and their useful lives. The capital elements of future lease obligations are recorded as liabilities, while the interest elements are charged to the Profit and Loss Account over the period of the leases to produce a constant periodic rate of interest on the remaining balance of the liability.

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.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

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.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Financial assets are derecognised when and only when the contractual rights to the cash flows from the financial asset expire or are settled, or the Company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or the Company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Basic financial liabilities
Basic financial liabilities, including creditors, bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

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. 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 interest method.

Financial liabilities are derecognised when the Company's contractual obligations expire or are discharged or cancelled.

Equity instruments
Equity instruments issued by the Company are recorded at the fair value of cash or other resources received or receivable, net of direct issue costs. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including the director	1		1

3. Tangible assets

	Plant and machinery		Vehicles		Computer equipment		Total
	£		£		£		£
Cost
At 01 October 2024	399		105,192		5,512		111,103
Additions	0		0		1,648		1,648
Disposals	0		0		( 3,296)		( 3,296)
At 30 September 2025	399		105,192		3,864		109,455
Accumulated depreciation
At 01 October 2024	399		68,900		5,085		74,384
Charge for the financial year	0		9,073		771		9,844
Disposals	0		0		( 3,296)		( 3,296)
At 30 September 2025	399		77,973		2,560		80,932
Net book value
At 30 September 2025	0		27,219		1,304		28,523
At 30 September 2024	0		36,292		427		36,719

4. Fixed asset investments

Investments in subsidiaries

	2025
	£
Cost
At 01 October 2024	0
Additions	1
At 30 September 2025	1
Carrying value at 30 September 2025	1
Carrying value at 30 September 2024	0

Investments in shares

Name of entity	Registered office	Principal activity	Class of shares	Ownership 30.09.2025	Held
Mill Way 2025 Limited	Aldgate Tower, 2 Leman Street, London, England, E1 8FA	Development of building projects	Ordinary	100.00%	Direct

On 13 June 2025, the Company acquired 100% of the ordinary share capital of Mill Way 2025 Limited, a company incorporated in the United Kingdom, for consideration of £1.

5. Debtors

	2025		2024
	£		£
Amounts owed by Group undertakings	782,800		0
Corporation tax	0		3,749
Other debtors	4,437		5,964
	787,237		9,713

6. Creditors: amounts falling due within one year

	2025		2024
	£		£
Trade creditors	6,630		0
Amounts owed to director	143,713		6,693
Accruals	2,500		5,600
Other taxation and social security	40		40
Obligations under finance leases and hire purchase contracts	0		2,699
	152,883		15,032

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

	2025		2024
	£		£
Amounts owed to related parties	589,000		0
Obligations under finance leases and hire purchase contracts	0		52,915
	589,000		52,915

Amounts owed to related parties bear interest at 7% per annum and are repayable on 10 September 2027.

8. Related party transactions

The company owed £589,000 (2024: £nil) to the Edler Pension Scheme of which the director is beneficiary. This loan incurs interest at 7% per annum and repayable on 10 September 2027.

At the balance sheet date, a balance of £5,893 (2024: £6,693) was due to one director and another balance of £137,820 was due to (2024: £1,523 was due from) another director.

The Company has taken advantage of the exemption available under FRS 102 Section 1A not to disclose details of transactions with wholly-owned members of the group headed by the parent company.