Noodoll Ltd - Accounts to registrar (filleted) - small 22.3

REGISTERED NUMBER: 06406762 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 October 2022

for

Noodoll Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Y Wang

J S Mcleod

SECRETARY:

REGISTERED OFFICE:

262 (Ground Floor)

Amesbury Avenue

London

SW2 3BL

REGISTERED NUMBER:

06406762 (England and Wales)

ACCOUNTANTS:

Numbers and Beyond

Kingfisher House

21-23 Elmfield Road

Bromley

Kent

BR1 1LT

FIXED ASSETS

Tangible assets

4

5,561

4,263

CURRENT ASSETS

Stocks

70,898

90,521

Debtors

5

76,432

41,750

Cash at bank and in hand

215,120

216,455

362,450

348,726

CREDITORS

Amounts falling due within one year

6

136,984

95,426

NET CURRENT ASSETS

225,466

253,300

TOTAL ASSETS LESS CURRENT LIABILITIES

231,027

257,563

CREDITORS

Amounts falling due after more than one year

7

26,786

37,841

NET ASSETS

204,241

219,722

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

203,241

218,722

204,241

219,722

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2022 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 22 March 2023 and were signed on its behalf by:

Y Wang - Director

1.	STATUTORY INFORMATION

Noodoll 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.

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.

Turnover

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

Tangible fixed assets

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

Plant and machinery etc

-

20% on reducing balance

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.

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

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2021 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 November 2021

18,330

Additions

3,017

Disposals

(1,000

)

At 31 October 2022

20,347

DEPRECIATION

At 1 November 2021

14,067

Charge for year

1,457

Eliminated on disposal

(738

)

At 31 October 2022

14,786

NET BOOK VALUE

At 31 October 2022

5,561

At 31 October 2021

4,263

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/10/22

31/10/21

£

£

Trade debtors

57,488

26,165

Other debtors

18,944

15,585

76,432

41,750

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/10/22

31/10/21

£

£

Bank loans and overdrafts

2,945

1,274

Trade creditors

38,928

2,967

Taxation and social security

4,398

893

Other creditors

90,713

90,292

136,984

95,426

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/10/22

31/10/21

£

£

Other creditors

26,786

37,841