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REGISTERED NUMBER: 08898720 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2023

FOR

EMPLOYEES MATTER LIMITED

EMPLOYEES MATTER LIMITED (REGISTERED NUMBER: 08898720)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 28 February 2023




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


EMPLOYEES MATTER LIMITED

COMPANY INFORMATION
for the year ended 28 February 2023







DIRECTORS: Mrs Z N Sinclair
Mr A F G Sinclair





REGISTERED OFFICE: 19-20 Bourne Court
Southend Road
Woodford Green
Essex
IG8 8HD





REGISTERED NUMBER: 08898720 (England and Wales)





ACCOUNTANTS: Raffingers LLP
Chartered Certified Accountants
19-20 Bourne Court
Southend Road
Woodford Green
Essex
IG8 8HD

EMPLOYEES MATTER LIMITED (REGISTERED NUMBER: 08898720)

ABRIDGED BALANCE SHEET
28 February 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 17,500 35,000
Tangible assets 5 1,522 931
19,022 35,931

CURRENT ASSETS
Debtors 144,068 96,988
Cash at bank and in hand 104,769 96,464
248,837 193,452
CREDITORS
Amounts falling due within one year 72,345 79,425
NET CURRENT ASSETS 176,492 114,027
TOTAL ASSETS LESS CURRENT
LIABILITIES

195,514

149,958

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 195,414 149,858
SHAREHOLDERS' FUNDS 195,514 149,958

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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.

EMPLOYEES MATTER LIMITED (REGISTERED NUMBER: 08898720)

ABRIDGED BALANCE SHEET - continued
28 February 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 Income Statement and an abridged Balance Sheet for the year ended 28 February 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 28 June 2023 and were signed on its behalf by:





Mrs Z N Sinclair - Director


EMPLOYEES MATTER LIMITED (REGISTERED NUMBER: 08898720)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 28 February 2023

1. STATUTORY INFORMATION

Employees Matter 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.

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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2017, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 - 33% on cost
Computer equipment - 33% on cost

Taxation
Taxation represents the sum of tax currently payable and deferred tax.

The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax
Deferred tax is recognised on all timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.

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.

EMPLOYEES MATTER LIMITED (REGISTERED NUMBER: 08898720)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 28 February 2023

2. ACCOUNTING POLICIES - continued

Short term debtors and creditors
Short term debtors and creditors with no stated interest rate are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2022 - 4 ) .

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 March 2022
and 28 February 2023 175,000
AMORTISATION
At 1 March 2022 140,000
Amortisation for year 17,500
At 28 February 2023 157,500
NET BOOK VALUE

At 28 February 2023 17,500
At 28 February 2022 35,000

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 March 2022 5,858
Additions 1,963
At 28 February 2023 7,821
DEPRECIATION
At 1 March 2022 4,927
Charge for year 1,372
At 28 February 2023 6,299
NET BOOK VALUE
At 28 February 2023 1,522
At 28 February 2022 931

EMPLOYEES MATTER LIMITED (REGISTERED NUMBER: 08898720)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 28 February 2023

6. RELATED PARTY DISCLOSURES

At the balance sheet date, the company owed £114 (2022: £1,296) to the directors.

Also at the balance sheet date, the company was owed £88,000 (2022: nil) by This Can Happen Ltd, a company connected by common control.