1 June 2022 false No description of principal activity Taxfiler 2023.14 13412546business:PrivateLimitedCompanyLtd2022-06-012023-05-31 134125462022-05-31 134125462022-06-012023-05-31 13412546business:AuditExemptWithAccountantsReport2022-06-012023-05-31 13412546business:FilletedAccounts2022-06-012023-05-31 134125462023-05-31 13412546business:Director12022-06-012023-05-31 13412546business:RegisteredOffice2022-06-012023-05-31 134125462022-05-31 13412546core:WithinOneYear2023-05-31 13412546core:WithinOneYear2022-05-31 13412546core:ShareCapitalcore:PreviouslyStatedAmount2023-05-31 13412546core:ShareCapitalcore:PreviouslyStatedAmount2022-05-31 13412546core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-05-31 13412546core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-05-31 13412546core:PreviouslyStatedAmount2023-05-31 13412546core:PreviouslyStatedAmount2022-05-31 13412546business:SmallEntities2022-06-012023-05-31 13412546countries:EnglandWales2022-06-012023-05-31 13412546core:PlantMachinery2022-06-012023-05-31 13412546core:FurnitureFittings2022-06-012023-05-31 13412546core:PlantMachinery2022-05-31 13412546core:FurnitureFittings2022-05-31 13412546core:PlantMachinery2023-05-31 13412546core:FurnitureFittings2023-05-31 13412546business:OrdinaryShareClass12022-06-012023-05-31 13412546business:OrdinaryShareClass12021-05-212022-05-31 134125462021-05-212022-05-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 13412546 (England and Wales)
EMF Brothers Limited Unaudited accounts for the year ended 31 May 2023
EMF Brothers Limited Unaudited accounts Contents
Page
- 2 -
EMF Brothers Limited Company Information for the year ended 31 May 2023
Director
Mr Hasan SAVAS
Company Number
13412546 (England and Wales)
Registered Office
214 Baker Street Enfield London EN1 3JY United Kingdom
Accountants
DNG Associates 214 Baker Street Enfield London EN1 3JT
- 3 -
EMF Brothers Limited Statement of financial position as at 31 May 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
5,888 
7,360 
Current assets
Cash at bank and in hand
1,554 
557 
Creditors: amounts falling due within one year
(4,560)
(5,391)
Net current liabilities
(3,006)
(4,834)
Net assets
2,882 
2,526 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
2,881 
2,525 
Shareholders' funds
2,882 
2,526 
For the year ending 31 May 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 20 February 2024 and were signed on its behalf by
Mr Hasan SAVAS Director Company Registration No. 13412546
- 4 -
EMF Brothers Limited Notes to the Accounts for the year ended 31 May 2023
1
Statutory information
EMF Brothers Limited is a private company, limited by shares, registered in England and Wales, registration number 13412546. The registered office is 214 Baker Street, Enfield, London, EN1 3JY, 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
20% - reducing balance method
Fixtures & fittings
20% - reducing balance method
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 June 2022
1,200 
8,000 
9,200 
At 31 May 2023
1,200 
8,000 
9,200 
Depreciation
At 1 June 2022
240 
1,600 
1,840 
Charge for the year
192 
1,280 
1,472 
At 31 May 2023
432 
2,880 
3,312 
Net book value
At 31 May 2023
768 
5,120 
5,888 
At 31 May 2022
960 
6,400 
7,360 
- 5 -
EMF Brothers Limited Notes to the Accounts for the year ended 31 May 2023
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
417 
803 
Other creditors
3,543 
3,988 
Accruals
600 
600 
4,560 
5,391 
6
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
7
Transactions with related parties
Included within other creditors is an amount of £3,543 (2022: £3,988) due to its director. There are no terms as to interest or repayment in respect of this balance.
8
Average number of employees
During the year the average number of employees was 3 (2022: 3).
- 6 -