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REGISTERED NUMBER: 09719925 (England and Wales)















Unaudited Financial Statements

for the Year Ended 30 November 2023

for

Embers Heating Studio Limited

Embers Heating Studio Limited (Registered number: 09719925)






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

Chartered Accountants' Report 8

Embers Heating Studio Limited

Company Information
for the Year Ended 30 November 2023







DIRECTOR: J N Birchall





REGISTERED OFFICE: 802 Osmaston Road
Derby
Derbyshire
DE24 9AA





REGISTERED NUMBER: 09719925 (England and Wales)





ACCOUNTANTS: Tomkinson Teal (Lichfield) LLP
Hanover Court
5 Queen Street
Lichfield
Staffordshire
WS13 6QD

Embers Heating Studio Limited (Registered number: 09719925)

Balance Sheet
30 November 2023

2023 2022
Notes £    £   
FIXED ASSETS
Intangible assets 4 14,000 16,000
Property, plant and equipment 5 81,833 104,751
95,833 120,751

CURRENT ASSETS
Inventories 63,000 70,000
Debtors 6 25,173 11,083
Cash at bank 40,244 35,368
128,417 116,451
CREDITORS
Amounts falling due within one year 7 (213,276 ) (192,806 )
NET CURRENT LIABILITIES (84,859 ) (76,355 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

10,974

44,396

CREDITORS
Amounts falling due after more than one
year

8

40,550

52,698

PROVISIONS FOR LIABILITIES 1,968 4,953

CAPITAL AND RESERVES
Called up share capital 9 1,000 1,000
Retained earnings (32,544 ) (14,255 )
SHAREHOLDERS' FUNDS (31,544 ) (13,255 )
10,974 44,396

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 director acknowledges his 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.

Embers Heating Studio Limited (Registered number: 09719925)

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 27 August 2024 and were signed by:





J N Birchall - Director


Embers Heating Studio Limited (Registered number: 09719925)

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

1. STATUTORY INFORMATION

Embers Heating Studio 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2015, is being amortised evenly over its estimated useful life of fifteen years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing stock to its present location and condition. Cost is calculated using the first-in, first-out formula. Provision is made for damaged, obsolete and slow-moving stock where appropriate.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Embers Heating Studio Limited (Registered number: 09719925)

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 December 2022
and 30 November 2023 30,000
AMORTISATION
At 1 December 2022 14,000
Amortisation for year 2,000
At 30 November 2023 16,000
NET BOOK VALUE
At 30 November 2023 14,000
At 30 November 2022 16,000

5. PROPERTY, PLANT AND EQUIPMENT
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 December 2022 1,455 64,652 107,204 6,278 179,589
Additions - - - 1,030 1,030
At 30 November 2023 1,455 64,652 107,204 7,308 180,619
DEPRECIATION
At 1 December 2022 1,149 38,984 28,427 6,278 74,838
Charge for year 61 3,850 19,694 343 23,948
At 30 November 2023 1,210 42,834 48,121 6,621 98,786
NET BOOK VALUE
At 30 November 2023 245 21,818 59,083 687 81,833
At 30 November 2022 306 25,668 78,777 - 104,751

Embers Heating Studio Limited (Registered number: 09719925)

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

5. PROPERTY, PLANT AND EQUIPMENT - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 December 2022
and 30 November 2023 107,204
DEPRECIATION
At 1 December 2022
and 30 November 2023 28,427
NET BOOK VALUE
At 30 November 2023 78,777
At 30 November 2022 78,777

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 10,472 1,045
Other debtors 14,701 10,038
25,173 11,083

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 5,975 5,975
Hire purchase contracts 7,126 11,826
Payments on account 71,246 41,668
Trade creditors 60,283 46,660
Amounts owed to participating interests 12,451 26,077
Taxation and social security 4,515 9,000
Other creditors 51,680 51,600
213,276 192,806

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 29,896 34,883
Hire purchase contracts 10,654 17,815
40,550 52,698

Embers Heating Studio Limited (Registered number: 09719925)

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

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
1,000 Ordinary £1 1,000 1,000

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Embers Heating Studio Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Embers Heating Studio Limited for the year ended 30 November 2023 which comprise the Profit and Loss Account, Balance Sheet, Statement of Changes in Equity 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 Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Embers Heating Studio Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Embers Heating Studio Limited and state those matters that we have agreed to state to the director of Embers Heating Studio Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Embers Heating Studio Limited and its director for our work or for this report.

It is your duty to ensure that Embers Heating Studio Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Embers Heating Studio Limited. You consider that Embers Heating Studio Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Embers Heating Studio Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Tomkinson Teal (Lichfield) LLP
Hanover Court
5 Queen Street
Lichfield
Staffordshire
WS13 6QD


27 August 2024