Company registration number 07920309 (England and Wales)
EMPATHYCE LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023
PAGES FOR FILING WITH REGISTRAR
EMPATHYCE LIMITED
CONTENTS
Page
Accountants' report
1
Balance sheet and notes to the financial statements
2 - 3
EMPATHYCE LIMITED
ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF EMPATHYCE LIMITED FOR THE YEAR ENDED 31 JANUARY 2023
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In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Empathyce Limited for the year ended 31 January 2023, which comprise the balance sheet, from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com/regulation.
This report is made solely to the board of directors of Empathyce Limited, as a body, in accordance with the terms of our engagement letter dated 12 October 2020. Our work has been undertaken solely to prepare for your approval the financial statements of Empathyce Limited and state those matters that we have agreed to state to the board of directors of Empathyce Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Empathyce Limited and its board of directors as a body, for our work or for this report.
It is your duty to ensure that Empathyce Limited has kept adequate accounting records and to prepare statutory financial statements that comply with the requirements of the Companies Act 2006. You consider that Empathyce Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of Empathyce Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Paish Tooth Limited
13 October 2023
Chartered Accountants
35 Rodney Road
Cheltenham
Gloucestershire
GL50 1HX
EMPATHYCE LIMITED
BALANCE SHEET
AS AT
31 JANUARY 2023
31 January 2023
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2023
2022
£
£
£
£
Current assets
115,316
90,632
Prepayments and accrued income
57
Creditors: amounts falling due within one year
(8,585)
(7,120)
Net current assets
106,788
83,512
Accruals and deferred income
(1,060)
(1,010)
Net assets
105,728
82,502
Capital and reserves
105,728
82,502
Notes to the financial statements
1
Directors' benefits: advances, credit and guarantees
During the year the company made advances to the Directors as follows:
D J Angrave £8,069 (2022 - £20,932)
C Angrave £23,758 (2023 - Nil)
The loan has no fixed repayment date and interest with charged at a commercial rate.
2
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2023
2022
Number
Number
Employees
1
1
Empathyce Limited is a private company limited by shares incorporated in England and Wales. The registered office is 3 Cirencester Road, Charlton Kings, Cheltenham, Gloucestershire, UK, GL53 8EP.
For the year ended 31 January 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
EMPATHYCE LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 JANUARY 2023
31 January 2023
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The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true
The financial statements were approved by the board of directors and authorised for issue on 13 October 2023 and are signed on its behalf by:
D J Angrave
Director
Company registration number 07920309 (England and Wales)