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REGISTERED NUMBER: 03282993 (England and Wales)















Unaudited Financial Statements

for the Year Ended 30 November 2023

for

The Emsworth Computer Company Limited

The Emsworth Computer Company Limited (Registered number: 03282993)






Contents of the Financial Statements
for the Year Ended 30 November 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


The Emsworth Computer Company Limited

Company Information
for the Year Ended 30 November 2023







DIRECTORS: M J Stevens
Mrs C Stevens





SECRETARY: Mrs C Stevens





REGISTERED OFFICE: Unit 12D
The Wren Centre
Westbourne Road
Emsworth
Hampshire
PO10 7SU





REGISTERED NUMBER: 03282993 (England and Wales)





ACCOUNTANTS: Hughes Spencer
12 Acorn Business Park
Northarbour Road
Portsmouth
Hampshire
PO6 3TH

The Emsworth Computer Company Limited (Registered number: 03282993)

Balance Sheet
30 November 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,075 4,007

CURRENT ASSETS
Stocks 5,434 4,067
Debtors 5 8,117 9,901
Cash at bank and in hand 21,653 23,147
35,204 37,115
CREDITORS
Amounts falling due within one year 6 31,522 29,950
NET CURRENT ASSETS 3,682 7,165
TOTAL ASSETS LESS CURRENT
LIABILITIES

6,757

11,172

PROVISIONS FOR LIABILITIES 584 761
NET ASSETS 6,173 10,411

CAPITAL AND RESERVES
Called up share capital 120 120
Retained earnings 6,053 10,291
SHAREHOLDERS' FUNDS 6,173 10,411

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

The Emsworth Computer Company Limited (Registered number: 03282993)

Balance Sheet - continued
30 November 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 August 2024 and were signed on its behalf by:




M J Stevens - Director



Mrs C Stevens - Director


The Emsworth Computer Company Limited (Registered number: 03282993)

Notes to the Financial Statements
for the Year Ended 30 November 2023

1. STATUTORY INFORMATION

The Emsworth Computer Company Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents invoiced sales of goods and services.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 3 ) .

The Emsworth Computer Company Limited (Registered number: 03282993)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 December 2022 15,511
Additions 748
At 30 November 2023 16,259
DEPRECIATION
At 1 December 2022 11,504
Charge for year 1,680
At 30 November 2023 13,184
NET BOOK VALUE
At 30 November 2023 3,075
At 30 November 2022 4,007

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 6,580 7,849
Other debtors 1,537 2,052
8,117 9,901

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 612 4,433
Trade creditors 782 1,674
Taxation and social security 6,916 5,542
Other creditors 23,212 18,301
31,522 29,950