2022-04-01 13759921 2023-03-31 13759921 2022-04-01 2023-03-31 13759921 uk-core:WithinOneYear 2023-03-31 13759921 uk-core:AfterOneYear 2023-03-31 13759921 uk-core:ShareCapital 2023-03-31 13759921 uk-core:RetainedEarningsAccumulatedLosses 2023-03-31 13759921 uk-bus:Director1 2022-04-01 2023-03-31 13759921 uk-core:LeaseholdImprovements 2022-04-01 2023-03-31 13759921 uk-core:PlantMachinery 2022-04-01 2023-03-31 13759921 uk-core:ComputerEquipment 2022-04-01 2023-03-31 13759921 uk-core:CommercialMotorVehicles 2022-04-01 2023-03-31 13759921 uk-core:PlantMachinery 2023-03-31 13759921 uk-core:CommercialMotorVehicles 2023-03-31 13759921 uk-core:ComputerEquipment 2023-03-31 13759921 uk-core:LeaseholdImprovements 2023-03-31 iso4217:GBP xbrli:pure 13759921 uk-bus:AuditExemptWithAccountantsReport 2022-04-01 2023-03-31 13759921 uk-bus:FRS102 2022-04-01 2023-03-31 13759921 uk-bus:FullAccounts 2022-04-01 2023-03-31 13759921 uk-bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31
Emmotts Of Colne Ltd
Registered Number:13759921
For the year ended 31 March 2023
England and Wales
Unaudited Financial Statements
2
For the year ended 31 March 2023
Emmotts Of Colne Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
13759921
As at 31 March 2023
Emmotts Of Colne Ltd
Statement of Financial Position
£
2023
Notes
Fixed assets
Property, plant and equipment
285,873
2
285,873
Current assets
Inventories
27,410
3
Trade and other receivables
25,221
4
Cash and cash equivalents
22,294
74,925
Trade and other payables: amounts falling due within one
year
(107,698)
5
(32,773)
Net current liabilities
Total assets less current liabilities
253,100
Trade and other payables: amounts falling due after more
than one year
(200,000)
6
53,100
Net assets/liabilities
Capital and reserves
Called up share capital
100
Retained earnings
53,000
53,100
Shareholders' funds
For the year ended 31 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 of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Section
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Jonathan Emmott Director
These financial statements were approved and authorised for issue by the Board on 07 August 2023 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 March 2023
Emmotts Of Colne Ltd
Notes to the Financial Statements
Statutory Information
Emmotts Of Colne Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration
number 13759921.
Registered address:
The Foundry
Riverside Mill
Colne
BB8 9PE
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Land and Buildings
10% Straight line
Plant and Machinery
15% Reducing balance
20% Straight line
Computer Equipment
25% Reducing balance
Motor Vehicles
Inventories
Inventories are value at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme for the benefit of its directors/and employees. Contributions payable are charged to the profit and loss account in the period in which they are payable.
2. Property, plant and equipment
Total
Computer
Equipment
Motor Vehicles
Plant and
Machinery
Land and
Buildings
£
£
£
£
£
Cost or
valuation
332,768
4,915
3,550
255,542
68,761
Additions
At 31 March 2023
255,542
3,550
4,915
332,768
68,761
Provision for depreciation and impairment
Charge for year
46,895
800
888
38,331
6,876
At 31 March 2023
46,895
800
888
38,331
6,876
At 31 March 2023
Net book value
61,885
217,211
2,662
4,115
285,873
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5
For the year ended 31 March 2023
Emmotts Of Colne Ltd
Notes to the Financial Statements Continued
3. Inventories
2023
£
Stocks
27,410
4. Trade and other receivables
2023
£
Trade debtors
7,931
Other debtors
17,290
25,221
5. Trade and other payables: amounts falling due within one year
2023
£
Trade creditors
253
Taxation and social security
29,812
Other creditors
77,633
107,698
6. Trade and other payables: amounts falling due after more than one year
2023
£
Other creditors
200,000
7. Average number of persons employed
During the year the average number of employees was 10
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