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Company Registration No. 13138881 (England and Wales)
EMBACO LTD Unaudited accounts for the year ended 30 June 2023
EMBACO LTD Unaudited accounts Contents
Page
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EMBACO LTD Company Information for the year ended 30 June 2023
Director
Peter Søndergaard
Company Number
13138881 (England and Wales)
Registered Office
Suite 6, Floor 2 Congress House 14 Lyon Road Harrow Middlesex HA1 2EN United Kingdom
Accountants
Evolve Accounting and Tax Solutions Ltd Congress House 14 Lyon Road Harrow Middlesex HA1 2EN
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EMBACO LTD Statement of financial position as at 30 June 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
5,101 
2,097 
Current assets
Debtors
139,765 
28,227 
Cash at bank and in hand
73,188 
86,505 
212,953 
114,732 
Creditors: amounts falling due within one year
(182,604)
(171,095)
Net current assets/(liabilities)
30,349 
(56,363)
Net assets/(liabilities)
35,450 
(54,266)
Capital and reserves
Called up share capital
1,100 
1,000 
Share premium
119,900 
- 
Profit and loss account
(85,550)
(55,266)
Shareholders' funds
35,450 
(54,266)
For the year ending 30 June 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 21 November 2023 and were signed on its behalf by
Peter Søndergaard Director Company Registration No. 13138881
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EMBACO LTD Notes to the Accounts for the year ended 30 June 2023
1
Statutory information
EMBACO LTD is a private company, limited by shares, registered in England and Wales, registration number 13138881. The registered office is Suite 6, Floor 2 Congress House, 14 Lyon Road, Harrow, Middlesex, HA1 2EN, 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.
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:
Plant & machinery
25% Reducing balance
Fixtures & fittings
25% Reducing balance
Computer equipment
25% Reducing balance
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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.
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EMBACO LTD Notes to the Accounts for the year ended 30 June 2023
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 July 2022
113 
2,034 
649 
2,796 
Additions
209 
835 
3,660 
4,704 
At 30 June 2023
322 
2,869 
4,309 
7,500 
Depreciation
At 1 July 2022
28 
509 
162 
699 
Charge for the year
73 
590 
1,037 
1,700 
At 30 June 2023
101 
1,099 
1,199 
2,399 
Net book value
At 30 June 2023
221 
1,770 
3,110 
5,101 
At 30 June 2022
85 
1,525 
487 
2,097 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
138,857 
28,227 
Other debtors
908 
- 
139,765 
28,227 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
61,446 
13,035 
Trade creditors
74,973 
39,400 
Taxes and social security
1,449 
697 
Other creditors
18,143 
114,961 
Loans from directors
2 
2 
Accruals
26,591 
3,000 
182,604 
171,095 
7
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
1,100 Ordinary shares of £1 each
1,100 
1,000 
Shares issued during the period:
100 Ordinary shares of £1 each
100 
8
Controlling party
During the period under review, the company was under control of Heksen, Giraffen & Spillefuglen A/S c/o EMBACO A/S, Dronningens Tværgade 4, 1 København K 1302, Denmark by virtue of the 100% shareholding in the company.
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EMBACO LTD Notes to the Accounts for the year ended 30 June 2023
9
Average number of employees
During the year the average number of employees was 4 (2022: 2).
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