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REGISTERED NUMBER: 12380969 (England and Wales)















EMPORIUM HOMES LONDON LTD

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022






EMPORIUM HOMES LONDON LTD (REGISTERED NUMBER: 12380969)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


EMPORIUM HOMES LONDON LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2022







DIRECTORS: M Hussain
Mrs T Mehmood





REGISTERED OFFICE: Ground Floor, Import Building 2 Clove Cr
East India Dock
London
E14 2BE





REGISTERED NUMBER: 12380969 (England and Wales)





ACCOUNTANTS: Hadleys & Co.
Ground Floor
Import Building
2 Clove Crescent
London
E14 2BE

EMPORIUM HOMES LONDON LTD (REGISTERED NUMBER: 12380969)

BALANCE SHEET
31 DECEMBER 2022

2022 2021
Notes £    £   
FIXED ASSETS
Investment property 4 168,762 (716 )

CURRENT ASSETS
Stocks 242,205 281,115
Cash at bank 106,469 204,908
348,674 486,023
CREDITORS
Amounts falling due within one year 5 (420,570 ) (431,047 )
NET CURRENT (LIABILITIES)/ASSETS (71,896 ) 54,976
TOTAL ASSETS LESS CURRENT
LIABILITIES

96,866

54,260

CREDITORS
Amounts falling due after more than one
year

6

(24,167

)

(43,473

)
NET ASSETS 72,699 10,787

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 72,697 10,785
72,699 10,787

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

EMPORIUM HOMES LONDON LTD (REGISTERED NUMBER: 12380969)

BALANCE SHEET - continued
31 DECEMBER 2022


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 12 September 2023 and were signed on its behalf by:





Mrs T Mehmood - Director


EMPORIUM HOMES LONDON LTD (REGISTERED NUMBER: 12380969)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022

1. STATUTORY INFORMATION

Emporium Homes London 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.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

3. EMPLOYEES AND DIRECTORS

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

EMPORIUM HOMES LONDON LTD (REGISTERED NUMBER: 12380969)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2022

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2022 (716 )
Additions 169,478
At 31 December 2022 168,762
NET BOOK VALUE
At 31 December 2022 168,762
At 31 December 2021 (716 )

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Bank loans and overdrafts 10,000 -
Trade creditors 145 17,645
Taxation and social security 17,053 2,530
Other creditors 393,372 410,872
420,570 431,047

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2022 2021
£    £   
Bank loans 24,167 43,473