Company Registration No. 11823208 (England and Wales)
Embassy Offices Limited
Unaudited accounts
for the year ended 28 February 2023
Embassy Offices Limited
Unaudited accounts
Contents
Embassy Offices Limited
Company Information
for the year ended 28 February 2023
Directors
John Hawkins
Jeffery Hawkins
Rhys Williams
Company Number
11823208 (England and Wales)
Registered Office
2 STANGATE HOUSE
STANWELL RD
PENARTH
VALE OF GLAMORGAN
CF64 2AA
UNITED KINGDOM
Accountants
Cadre Advisory Ltd
Embassy Offices, Stangate House
Stanwell Road
Penarth
CF64 2AA
Embassy Offices Limited
Statement of financial position
as at 28 February 2023
Tangible assets
43,472
9,003
Cash at bank and in hand
6,096
4,036
Creditors: amounts falling due within one year
(59,257)
(52,988)
Net current assets
71,263
17,662
Total assets less current liabilities
114,735
26,665
Creditors: amounts falling due after more than one year
(31,374)
-
Called up share capital
3
3
Profit and loss account
83,358
26,662
Shareholders' funds
83,361
26,665
For the year ending 28 February 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 28 September 2023 and were signed on its behalf by
Rhys Williams
Director
Company Registration No. 11823208
Embassy Offices Limited
Notes to the Accounts
for the year ended 28 February 2023
Embassy Offices Limited is a private company, limited by shares, registered in England and Wales, registration number 11823208. The registered office is 2 STANGATE HOUSE, STANWELL RD, PENARTH, VALE OF GLAMORGAN, CF64 2AA, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% Reducing Balance
Fixtures & fittings
25% Reducing Balance
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Embassy Offices Limited
Notes to the Accounts
for the year ended 28 February 2023
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 March 2022
-
12,259
12,259
At 28 February 2023
40,058
12,259
52,317
At 1 March 2022
-
3,256
3,256
Charge for the year
3,338
2,251
5,589
At 28 February 2023
3,338
5,507
8,845
At 28 February 2023
36,720
6,752
43,472
At 28 February 2022
-
9,003
9,003
Amounts falling due within one year
Amounts due from group undertakings etc.
121,294
62,780
6
Creditors: amounts falling due within one year
2023
2022
Obligations under finance leases and hire purchase contracts
11,957
-
Taxes and social security
6,775
4,142
7
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
31,374
-
Embassy Offices Limited
Notes to the Accounts
for the year ended 28 February 2023
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
9
Average number of employees
During the year the average number of employees was 3 (2022: 3).