27 false false false false false false false false false true false false false false false false No description of principal activity 2022-07-01 Sage Accounts Production Advanced 2023 - FRS102_2023 9,000 9,000 xbrli:pure xbrli:shares iso4217:GBP 03893507 2022-07-01 2023-06-30 03893507 2023-06-30 03893507 2022-06-30 03893507 2021-07-01 2022-06-30 03893507 2022-06-30 03893507 2021-06-30 03893507 bus:Director1 2022-07-01 2023-06-30 03893507 core:NetGoodwill 2023-06-30 03893507 core:PlantMachinery 2022-06-30 03893507 core:FurnitureFittings 2022-06-30 03893507 core:PlantMachinery 2023-06-30 03893507 core:FurnitureFittings 2023-06-30 03893507 core:PlantMachinery 2022-07-01 2023-06-30 03893507 core:FurnitureFittings 2022-07-01 2023-06-30 03893507 core:WithinOneYear 2023-06-30 03893507 core:WithinOneYear 2022-06-30 03893507 core:ShareCapital 2023-06-30 03893507 core:ShareCapital 2022-06-30 03893507 core:RetainedEarningsAccumulatedLosses 2023-06-30 03893507 core:RetainedEarningsAccumulatedLosses 2022-06-30 03893507 core:PlantMachinery 2022-06-30 03893507 core:FurnitureFittings 2022-06-30 03893507 bus:SmallEntities 2022-07-01 2023-06-30 03893507 bus:AuditExempt-NoAccountantsReport 2022-07-01 2023-06-30 03893507 bus:SmallCompaniesRegimeForAccounts 2022-07-01 2023-06-30 03893507 bus:PrivateLimitedCompanyLtd 2022-07-01 2023-06-30 03893507 bus:FullAccounts 2022-07-01 2023-06-30
COMPANY REGISTRATION NUMBER: 03893507
Emrys Limited
Filleted Unaudited Financial Statements
30 June 2023
Emrys Limited
Statement of Financial Position
30 June 2023
2023
2022
Note
£
£
£
Fixed assets
Tangible assets
6
147,835
183,847
Current assets
Stocks
60,804
105,864
Debtors
7
212,012
450,054
Cash at bank and in hand
780,358
867,474
--------------
--------------
1,053,174
1,423,392
Creditors: amounts falling due within one year
8
847,608
1,150,429
--------------
--------------
Net current assets
205,566
272,963
-----------
-----------
Total assets less current liabilities
353,401
456,810
-----------
-----------
Net assets
353,401
456,810
-----------
-----------
Emrys Limited
Statement of Financial Position (continued)
30 June 2023
2023
2022
Note
£
£
£
Capital and reserves
Called up share capital
1,000
1,000
Profit and loss account
352,401
455,810
-----------
-----------
Shareholders funds
353,401
456,810
-----------
-----------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
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.
Directors' responsibilities:
- 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 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 21 January 2024 , and are signed on behalf of the board by:
Mr G L Emrys
Director
Company registration number: 03893507
Emrys Limited
Notes to the Financial Statements
Year ended 30 June 2023
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Bower House, Bower Mount Road, Maidstone, Kent, ME16 8AU.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 27 (2022: 27 ).
5. Intangible assets
Goodwill
£
Cost
At 1 July 2022 and 30 June 2023
9,000
--------
Amortisation
At 1 July 2022 and 30 June 2023
9,000
--------
Carrying amount
At 30 June 2023
--------
At 30 June 2022
--------
6. Tangible assets
Leasehold improvements
Fixtures and fittings
Equipment
Total
£
£
£
£
Cost
At 1 July 2022
83,748
142,732
255,604
482,084
Additions
1,682
10,958
12,640
----------
-----------
-----------
-----------
At 30 June 2023
83,748
144,414
266,562
494,724
----------
-----------
-----------
-----------
Depreciation
At 1 July 2022
48,968
43,431
205,838
298,237
Charge for the year
5,566
20,060
23,026
48,652
----------
-----------
-----------
-----------
At 30 June 2023
54,534
63,491
228,864
346,889
----------
-----------
-----------
-----------
Carrying amount
At 30 June 2023
29,214
80,923
37,698
147,835
----------
-----------
-----------
-----------
At 30 June 2022
34,780
99,301
49,766
183,847
----------
-----------
-----------
-----------
7. Debtors
2023
2022
£
£
Trade debtors
174,424
420,458
Other debtors
37,588
29,596
-----------
-----------
212,012
450,054
-----------
-----------
8. Creditors: amounts falling due within one year
2023
2022
£
£
Trade creditors
18,549
20,588
Corporation tax
131,157
122,353
Social security and other taxes
152,215
219,531
Wages control account
86,650
46,776
Pension costs
4,441
3,928
Other creditors
454,596
737,253
-----------
--------------
847,608
1,150,429
-----------
--------------
9. Directors' advances, credits and guarantees
No Directors' transactions were undertaken such as are required to be disclosed under Financial Reporting Standard 102.
10. Related party transactions
The ultimate holding company is Dazzle Developments Ltd, a company incorporated in England. The company was under the control of Glyn Emrys, managing director throughout the current and previous year. No transactions with related parties were undertaken such as are required to be disclosed under Financial Reporting Standard 8.