IRIS Accounts Production v23.2.0.158 06990409 Board of Directors 1.4.22 31.3.23 31.3.23 false true false false false true false iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure 06990409 2022-03-31 06990409 2023-03-31 06990409 2022-04-01 2023-03-31 06990409 2021-03-31 06990409 2021-04-01 2022-03-31 06990409 2022-03-31 06990409 ns16:EnglandWales 2022-04-01 2023-03-31 06990409 ns15:PoundSterling 2022-04-01 2023-03-31 06990409 ns11:Director1 2022-04-01 2023-03-31 06990409 ns11:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 06990409 ns11:SmallEntities 2022-04-01 2023-03-31 06990409 ns11:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 06990409 ns11:SmallCompaniesRegimeForDirectorsReport 2022-04-01 2023-03-31 06990409 ns11:SmallCompaniesRegimeForAccounts 2022-04-01 2023-03-31 06990409 ns11:AbridgedAccounts 2022-04-01 2023-03-31 06990409 1 2022-04-01 2023-03-31 06990409 ns11:Director2 2022-04-01 2023-03-31 06990409 ns11:RegisteredOffice 2022-04-01 2023-03-31 06990409 ns6:CurrentFinancialInstruments 2023-03-31 06990409 ns6:CurrentFinancialInstruments 2022-03-31 06990409 ns6:ShareCapital 2023-03-31 06990409 ns6:ShareCapital 2022-03-31 06990409 ns6:RetainedEarningsAccumulatedLosses 2023-03-31 06990409 ns6:RetainedEarningsAccumulatedLosses 2022-03-31 06990409 ns6:FurnitureFittings 2022-04-01 2023-03-31 06990409 ns6:ComputerEquipment 2022-04-01 2023-03-31 06990409 ns11:Director1 1 2022-03-31 06990409 ns11:Director1 1 2021-03-31 06990409 ns11:Director1 1 2022-04-01 2023-03-31 06990409 ns11:Director1 1 2021-04-01 2022-03-31 06990409 ns11:Director1 1 2023-03-31 06990409 ns11:Director1 1 2022-03-31

REGISTERED NUMBER: 06990409 (England and Wales)

| Financial Statements |

| for the Year Ended 31 March 2023 |

| for |

| EMAS UK Limited |

| EMAS UK Limited (Registered number: 06990409) |

Contents of the Financial Statements

for the year ended 31 March 2023

Page |

| Company Information | 1 |

| Abridged Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| EMAS UK Limited |

Company Information

for the year ended 31 March 2023

| DIRECTORS: | Mr C G R Pickles

| Ms D J Mills

| REGISTERED OFFICE: | Newland House

| The Point

| Weaver Road

| LINCOLN

| Lincolnshire

| LN6 3QN

| REGISTERED NUMBER: | 06990409 (England and Wales)

| ACCOUNTANTS: | Nicholsons

| Chartered Accountants

| Newland House

| The Point

| Weaver Road

| LINCOLN

| Lincolnshire

| LN6 3QN

| BANKERS: | Lloyds Bank Plc

| 202 High Street

| LINCOLN

| Lincolnshire

| LN5 7AP

| EMAS UK Limited (Registered number: 06990409) |

Abridged Balance Sheet

31 March 2023

| 2023 | 2022 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 4 | - |  | 15,283 |  |

Tangible assets | 5 | 669 |  | 1,222 |  |

669 |  | 16,505 |  |

CURRENT ASSETS

Debtors | 35,360 |  | 34,277 |  |

Cash at bank | 12,762 |  | 16,149 |  |

48,122 |  | 50,426 |  |

CREDITORS

Amounts falling due within one year | 71,822 |  | 68,869 |  |

NET CURRENT LIABILITIES | (23,700 | ) | (18,443 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | (23,031 | ) | (1,938 | ) |

PROVISIONS FOR LIABILITIES | 127 |  | 232 |  |

NET LIABILITIES | (23,158 | ) | (2,170 | ) |

CAPITAL AND RESERVES

Called up share capital | 100 |  | 100 |  |

Retained earnings | (23,258 | ) | (2,270 | ) |

SHAREHOLDERS' FUNDS | (23,158 | ) | (2,170 | ) |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 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.

| EMAS UK Limited (Registered number: 06990409) |

Abridged Balance Sheet - continued

31 March 2023

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

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 March 2023 in accordance with Section 444(2A) of the Companies Act 2006.

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 13 September 2023 and were signed on its behalf by:

Mr C G R Pickles - Director

| EMAS UK Limited (Registered number: 06990409) |

Notes to the Financial Statements

for the year ended 31 March 2023

1. | STATUTORY INFORMATION

| EMAS UK Limited 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 represents net invoiced sales of goods and subscriptions, excluding value added tax. Where subscriptions are sold for periods of more than 12 months an adjustment is made to account for such income received in advance at the balance sheet date. This is shown in accruals and deferred income.

| Commissions paid against turnover are also recognised on an accruals basis with the prepaid commission income shown in prepayments.

| Tangible fixed assets

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

| Fixtures and fittings | - | 15% on reducing balance

| Computer equipment | - | 33% on cost

| Financial instruments

| Only basic financial instruments as defined in FRS 102 are held. Financial assets and financial liabilities are recognised in the accounts only when the entity becomes party to the contractual provisions of the instrument and their measurement basis is as follows:

| Financial assets - trade and other debtors are basic financial instruments and are debt instruments measured at amortised cost. Prepayments are not financial instruments.

| Cash at bank is classified as a basic financial instrument and is measured at transaction price.

| Financial liabilities - trade creditors, accruals and other creditors are basic financial instruments, and are measured at amortised cost. Where a financial liability constitutes a financing transaction it is initially and subsequently measured at the present value of future payments, discounted at a market rate of interest.

| EMAS UK Limited (Registered number: 06990409) |

Notes to the Financial Statements - continued

for the year ended 31 March 2023

2. | ACCOUNTING POLICIES - continued

| 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.

| 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 (2022 - 2 ) .

4. | INTANGIBLE FIXED ASSETS

| Totals

£ |

| COST

| At 1 April 2022 | 15,283 |  |

| Disposals | (15,283 | ) |

| At 31 March 2023 | - |  |

| NET BOOK VALUE

| At 31 March 2023 | - |  |

| At 31 March 2022 | 15,283 |  |

| EMAS UK Limited (Registered number: 06990409) |

Notes to the Financial Statements - continued

for the year ended 31 March 2023

5. | TANGIBLE FIXED ASSETS

| Totals

£ |

| COST

| At 1 April 2022 | 8,180 |  |

| Additions | 79 |  |

| At 31 March 2023 | 8,259 |  |

| DEPRECIATION

| At 1 April 2022 | 6,958 |  |

| Charge for year | 632 |  |

| At 31 March 2023 | 7,590 |  |

| NET BOOK VALUE

| At 31 March 2023 | 669 |  |

| At 31 March 2022 | 1,222 |  |

6. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

| The following advances and credits to a director subsisted during the years ended 31 March 2023 and 31 March 2022:

2023 | 2022 |

£ | £ |

| Mr C G R Pickles

| Balance outstanding at start of year | 12,652 |  | 12,344 |  |

| Amounts advanced | 317 |  | 308 |  |

| Amounts repaid | - |  | - |  |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | 12,969 |  | 12,652 |  |

| Interest is charged on overdrawn balances at a rate of 2.5%. The maximum balance outstanding during the year for Mr C G R Pickles was £12,969 (2022: £12,652). The loan is not secured.

7. | RELATED PARTY DISCLOSURES

| Mr C G R Pickles, a director of EMAS UK Limited, is a director of F.1. Help Limited. A balance of £30,920 is included in creditors (2022: £28,807), being the balance owed to F.1. Help Limited. This loan is interest free and payable on demand.

| The company trades with F.1. Group (UK) Limited of which Mr C G R Pickles, a director of EMAS UK Limited, is the sole shareholder and a director. A balance of £28,621 is included in creditors (2022: £28,750), being the balance owed to F1 Group (UK) Limited.