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REGISTERED NUMBER: 11738978 (England and Wales)














FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2022

FOR

EMAN INDUSTRIES LTD

EMAN INDUSTRIES LTD (REGISTERED NUMBER: 11738978)






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


EMAN INDUSTRIES LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2022







DIRECTOR: Mr I T Blaxill





REGISTERED OFFICE: 43 High Wood Road
Hoddesdon
Hertfordshire
EN11 9AP





REGISTERED NUMBER: 11738978 (England and Wales)





ACCOUNTANTS: Gary J Cansick & Co
Chartered Accountants
Janelle House
6 Hartham Lane
Hertford
Hertfordshire
SG14 1QN

EMAN INDUSTRIES LTD (REGISTERED NUMBER: 11738978)

BALANCE SHEET
31 DECEMBER 2022

31.12.22 31.12.21
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 44,229 24,887

CURRENT ASSETS
Stocks 2,150 1,845
Debtors 5 14,260 18,765
Cash at bank and in hand 5,567 1
21,977 20,611
CREDITORS
Amounts falling due within one year 6 23,734 24,815
NET CURRENT LIABILITIES (1,757 ) (4,204 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

42,472

20,683

CREDITORS
Amounts falling due after more than one
year

7

(13,712

)

-

PROVISIONS FOR LIABILITIES (5,478 ) (4,729 )
NET ASSETS 23,282 15,954

CAPITAL AND RESERVES
Called up share capital 8 1 1
Retained earnings 23,281 15,953
SHAREHOLDERS' FUNDS 23,282 15,954

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 director acknowledges his 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.

EMAN INDUSTRIES LTD (REGISTERED NUMBER: 11738978)

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 director and authorised for issue on 27 September 2023 and were signed by:





Mr I T Blaxill - Director


EMAN INDUSTRIES LTD (REGISTERED NUMBER: 11738978)

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

1. STATUTORY INFORMATION

Eman Industries 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.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on 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.

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.

EMAN INDUSTRIES LTD (REGISTERED NUMBER: 11738978)

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

2. ACCOUNTING POLICIES - continued

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2021 - 4 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 January 2022 17,697 583 21,139 1,477 40,896
Additions 2,300 1,104 27,940 - 31,344
Disposals - - (14,677 ) - (14,677 )
At 31 December 2022 19,997 1,687 34,402 1,477 57,563
DEPRECIATION
At 1 January 2022 3,371 99 11,477 1,062 16,009
Charge for year 2,304 219 3,743 286 6,552
Eliminated on disposal - - (9,227 ) - (9,227 )
At 31 December 2022 5,675 318 5,993 1,348 13,334
NET BOOK VALUE
At 31 December 2022 14,322 1,369 28,409 129 44,229
At 31 December 2021 14,326 484 9,662 415 24,887

EMAN INDUSTRIES LTD (REGISTERED NUMBER: 11738978)

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

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 January 2022 14,677
Additions 25,499
Disposals (14,677 )
At 31 December 2022 25,499
DEPRECIATION
At 1 January 2022 7,969
Charge for year 2,852
Eliminated on disposal (9,227 )
At 31 December 2022 1,594
NET BOOK VALUE
At 31 December 2022 23,905
At 31 December 2021 6,708

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.22 31.12.21
£    £   
Trade debtors 11,782 15,251
Other debtors 2,478 3,514
14,260 18,765

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.22 31.12.21
£    £   
Bank loans and overdrafts - 46
Hire purchase contracts 3,443 7,100
Trade creditors 303 869
Taxation and social security 10,357 7,465
Other creditors 9,631 9,335
23,734 24,815

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.22 31.12.21
£    £   
Hire purchase contracts 13,712 -

EMAN INDUSTRIES LTD (REGISTERED NUMBER: 11738978)

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

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.22 31.12.21
value: £    £   
1 Ordinary £1 1 1