31 March 2022 false No description of principal activity Taxfiler 2023.10 04318809business:PrivateLimitedCompanyLtd2022-03-312023-03-30 043188092022-03-30 043188092022-03-312023-03-30 04318809business:AuditExemptWithAccountantsReport2022-03-312023-03-30 04318809business:FilletedAccounts2022-03-312023-03-30 043188092023-03-30 04318809business:Director12022-03-312023-03-30 04318809business:RegisteredOffice2022-03-312023-03-30 043188092022-03-30 04318809core:WithinOneYear2023-03-30 04318809core:WithinOneYear2022-03-30 04318809core:AfterOneYear2023-03-30 04318809core:AfterOneYear2022-03-30 04318809core:ShareCapitalcore:PreviouslyStatedAmount2023-03-30 04318809core:ShareCapitalcore:PreviouslyStatedAmount2022-03-30 04318809core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-30 04318809core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-03-30 04318809core:PreviouslyStatedAmount2023-03-30 04318809core:PreviouslyStatedAmount2022-03-30 04318809business:SmallEntities2022-03-312023-03-30 04318809countries:EnglandWales2022-03-312023-03-30 04318809core:LandBuildings2022-03-312023-03-30 04318809core:PlantMachinery2022-03-312023-03-30 04318809core:MotorVehicles2022-03-312023-03-30 04318809core:ComputerEquipment2022-03-312023-03-30 04318809core:Goodwill2022-03-30 04318809core:Goodwill2023-03-30 04318809core:LandBuildings2022-03-30 04318809core:PlantMachinery2022-03-30 04318809core:MotorVehicles2022-03-30 04318809core:ComputerEquipment2022-03-30 04318809core:LandBuildings2023-03-30 04318809core:PlantMachinery2023-03-30 04318809core:MotorVehicles2023-03-30 04318809core:ComputerEquipment2023-03-30 04318809core:MoreThanFiveYears2023-03-30 04318809core:MoreThanFiveYears2022-03-30 043188092021-03-312022-03-30 iso4217:GBP xbrli:pure
Company Registration No. 04318809 (England and Wales)
Empat Removals Limited Unaudited accounts for the year ended 30 March 2023
Empat Removals Limited Unaudited accounts Contents
Page
- 2 -
Empat Removals Limited Company Information for the year ended 30 March 2023
Director
Lee Smith
Company Number
04318809 (England and Wales)
Registered Office
Empat Removals Ltd Ironworks Road Barrow-in-furness Cumbria LA14 2PG England
Accountants
EHA Accountancy Ltd 2 Lower Brook Street Ulverston Cumbria LA12 7EE
- 3 -
Empat Removals Limited Statement of financial position as at 30 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
249,695 
250,453 
Current assets
Debtors
11,780 
6,648 
Cash at bank and in hand
100,929 
114,875 
112,709 
121,523 
Creditors: amounts falling due within one year
(40,025)
(43,101)
Net current assets
72,684 
78,422 
Total assets less current liabilities
322,379 
328,875 
Creditors: amounts falling due after more than one year
(212,028)
(199,686)
Provisions for liabilities
Deferred tax
(2,769)
(2,913)
Net assets
107,582 
126,276 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
107,482 
126,176 
Shareholders' funds
107,582 
126,276 
For the year ending 30 March 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 director acknowledges his 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 and authorised for issue on 15 November 2023 and were signed on its behalf by
Lee Smith Director Company Registration No. 04318809
- 4 -
Empat Removals Limited Notes to the Accounts for the year ended 30 March 2023
1
Statutory information
Empat Removals Limited is a private company, limited by shares, registered in England and Wales, registration number 04318809. The registered office is Empat Removals Ltd, Ironworks Road , Barrow-in-furness, Cumbria, LA14 2PG, England.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Land & buildings
Nil
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
Computer equipment
33% reducing balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
- 5 -
Empat Removals Limited Notes to the Accounts for the year ended 30 March 2023
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 31 March 2022
40,800 
At 30 March 2023
40,800 
Amortisation
At 31 March 2022
40,800 
At 30 March 2023
40,800 
Net book value
At 30 March 2023
- 
5
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 31 March 2022
235,119 
25,982 
54,063 
762 
315,926 
Additions
- 
- 
- 
4,750 
4,750 
At 30 March 2023
235,119 
25,982 
54,063 
5,512 
320,676 
Depreciation
At 31 March 2022
- 
22,528 
42,461 
484 
65,473 
Charge for the year
- 
947 
2,901 
1,660 
5,508 
At 30 March 2023
- 
23,475 
45,362 
2,144 
70,981 
Net book value
At 30 March 2023
235,119 
2,507 
8,701 
3,368 
249,695 
At 30 March 2022
235,119 
3,454 
11,602 
278 
250,453 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
9,639 
4,750 
Accrued income and prepayments
2,141 
1,898 
11,780 
6,648 
- 6 -
Empat Removals Limited Notes to the Accounts for the year ended 30 March 2023
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
6,700 
6,700 
VAT
6,767 
6,049 
Taxes and social security
4,775 
7,652 
Loans from directors
20,000 
20,000 
Accruals
1,783 
2,700 
40,025 
43,101 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
33,328 
38,866 
Loans from directors
178,700 
160,820 
212,028 
199,686 
Aggregate of amounts that fall due for payment after five years
120,000 
123,319 
9
Transactions with related parties
During the year the company entered into the following transactions with related parties:- Mr & Mrs L Smith - Dividends £30,210 (2022: £29,000) The company owed the director Mr L Smith £198,700 (2022: £180,820) at the year end. No interest has been charged on this amount.
10
Average number of employees
During the year the average number of employees was 6 (2022: 6).
- 7 -