STATEMENT OF CONSENT TO PREPARE ABRIDGED FINANCIAL STATEMENTS |
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All of the members of EMLA Investment Group Limited have consented to the preparation of the abridged statement of comprehensive income and the abridged statement of financial position for the period ending 30 June 2023 in accordance with Section 444(2A) of the Companies Act 2006.
COMPANY REGISTRATION NUMBER:
14157828
EMLA INVESTMENT GROUP LIMITED |
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FILLETED UNAUDITED ABRIDGED FINANCIAL STATEMENTS |
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EMLA INVESTMENT GROUP LIMITED |
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REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY ABRIDGED FINANCIAL STATEMENTS OF
EMLA INVESTMENT GROUP LIMITED |
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PERIOD FROM 8 JUNE 2022 TO 30 JUNE 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the abridged financial statements of EMLA Investment Group Limited for the period ended 30 June 2023, which comprise the abridged statement of financial position and the related notes from the company's accounting records and from information and explanations you have given us. As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html. Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf.
LANGARD LIFFORD HALL LIMITED
Accountants and Registered Auditors
Lifford Hall
Lifford Lane
Kings Norton
Birmingham
B30 3JN
1 March 2024
EMLA INVESTMENT GROUP LIMITED |
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ABRIDGED STATEMENT OF FINANCIAL POSITION |
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30 June 2023
Current assets
Cash at bank and in hand |
100 |
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Creditors: amounts falling due within one year |
92 |
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Net current assets |
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8 |
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Total assets less current liabilities |
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8 |
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Capital and reserves
Called up share capital |
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8 |
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Shareholder funds |
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8 |
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These abridged 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 abridged statement of comprehensive income has not been delivered.
For the period 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:
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The member has not required the company to obtain an audit of its abridged financial statements for the period in question in accordance with section 476
;
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of abridged financial statements
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These abridged financial statements were approved by the
board of directors
and authorised for issue on
1 March 2024
, and are signed on behalf of the board by:
Company registration number:
14157828
EMLA INVESTMENT GROUP LIMITED |
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NOTES TO THE ABRIDGED FINANCIAL STATEMENTS |
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PERIOD FROM 8 JUNE 2022 TO 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 Berrington Court, Berrington, Tenbury Wells, Worcestershire, WR15 8TH.
2.
Statement of Compliance
These abridged 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 abridged 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 abridged 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.
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
4.
Directors' Advances, Credits and Guarantees
Amounts owed to the directors at the period end are included in creditors and amounted to £92.