Registered number
11981082
Emdells Holdings Limited
Report and Accounts
31 March 2023
Emdells Holdings Limited
Registered number: 11981082
Balance Sheet
as at 31 March 2023
31st March 31st March
Notes 2023 2022
£ £
Fixed assets
Investments 3 104 104
Current assets
Debtors 4 13,941 -
Cash at bank and in hand 10,940 9,917
24,881 9,917
Creditors: amounts falling due within one year 5 (25,588) (10,269)
Net current liabilities (707) (352)
Net liabilities (603) (248)
Capital and reserves
Called up share capital 100 100
Profit and loss account (703) (348)
Shareholder's funds (603) (248)
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr JP Naylor
Director
Approved by the board on 17 November 2023
Emdells Holdings Limited
Notes to the Accounts
for the year ended 31 March 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable. Turnover includes revenue earned from the receipt of bank interest.
Investments
Investments in non quoted equity instruments are measured at transaction price (which is usually the cost), less any impairment losses.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are recognised at transaction price including any transaction costs less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price).
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. Current tax assets and liabilities are not discounted.
31st March 31st March
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 1 1
3 Investments Other
investments
£
Cost
At 1 April 2022 104
At 31 March 2023 104
31st March 31st March
4 Debtors 2023 2022
£ £
Amount owed by connected undertaking 13,941 -
13,941 -
31st March 31st March
5 Creditors: amounts falling due within one year 2023 2022
£ £
Amounts owed to connected undertaking 25,264 10,000
Accrued expenses 320 265
Director's loan account 4 4
25,588 10,269
6 Related party transactions
Mr JP Naylor
Director
Monies owed by the director, JP Naylor at the year end
The loan is interest free
Amount due to the related party (4) (4)
Emdells Limited
Connected company
Mr JP Naylor, directors held the beneficial
interest in this business throughout the year and the previous year.
Amount due to the related party (25,264) (10,000)
Emdells Limited - Bahamas
Connected company
Mr JP Naylor, directors held the beneficial
interest in this business throughout the year and the previous year.
Amount due by the related party 13,941 -
7 Other information
Emdells Holdings Limited is a private company limited by shares and incorporated in England and Wales. The registered office is:
33a Castle Close
Hawarden
Deeside
CH5 3PP
Emdells Holdings Limited 11981082 false 2022-04-01 2023-03-31 2023-03-31 VT Final Accounts October 2023 release 2 Mr JP Naylor No description of principal activity 11981082 2021-04-01 2022-03-31 11981082 core:WithinOneYear 2022-03-31 11981082 core:ShareCapital 2022-03-31 11981082 core:RetainedEarningsAccumulatedLosses 2022-03-31 11981082 2022-04-01 2023-03-31 11981082 bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 11981082 bus:AuditExemptWithAccountantsReport 2022-04-01 2023-03-31 11981082 bus:Director40 2022-04-01 2023-03-31 11981082 1 2022-04-01 2023-03-31 11981082 2 2022-04-01 2023-03-31 11981082 countries:England 2022-04-01 2023-03-31 11981082 bus:FRS102 2022-04-01 2023-03-31 11981082 bus:FullAccounts 2022-04-01 2023-03-31 11981082 2023-03-31 11981082 core:WithinOneYear 2023-03-31 11981082 core:ShareCapital 2023-03-31 11981082 core:RetainedEarningsAccumulatedLosses 2023-03-31 11981082 2022-03-31 iso4217:GBP xbrli:pure