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Company Registration No. 13070390 (England and Wales)
EMYFRAN ENTERPRISE LTD Unaudited accounts for the year ended 31 December 2023
EMYFRAN ENTERPRISE LTD Unaudited accounts Contents
Page
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EMYFRAN ENTERPRISE LTD Company Information for the year ended 31 December 2023
Directors
Dr Emeka Josiah Oloto Mrs Francisca Obinne Oloto
Secretary
Dr Emeka Josiah Oloto
Company Number
13070390 (England and Wales)
Registered Office
49 Knighton Road Leicester LE2 3HL ENGLAND
Accountants
OAF Associates Limited 20 Bill Thomas Way Rowley Regis Birmingham West Midlands B65 9AB
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EMYFRAN ENTERPRISE LTD Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
897,000 
585,000 
Current assets
Cash at bank and in hand
6,166 
15,398 
Net current assets
6,166 
15,398 
Total assets less current liabilities
903,166 
600,398 
Creditors: amounts falling due after more than one year
(988,522)
(635,035)
Net liabilities
(85,356)
(34,637)
Capital and reserves
Called up share capital
1,000 
1,000 
Profit and loss account
(86,356)
(35,637)
Shareholders' funds
(85,356)
(34,637)
For the year ending 31 December 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 directors acknowledge their 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 of Directors and authorised for issue on 1 September 2024 and were signed on its behalf by
Dr Emeka Josiah Oloto Director Company Registration No. 13070390
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EMYFRAN ENTERPRISE LTD Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
EMYFRAN ENTERPRISE LTD is a private company, limited by shares, registered in England and Wales, registration number 13070390. The registered office is 49 Knighton Road , Leicester , LE2 3HL, ENGLAND.
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.
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:
Land & buildings
5%
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 1 January 2023
585,000 
Additions
312,000 
At 31 December 2023
897,000 
Depreciation
At 31 December 2023
- 
Net book value
At 31 December 2023
897,000 
At 31 December 2022
585,000 
5
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
375,391 
278,388 
Loans from directors
613,131 
356,647 
988,522 
635,035 
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EMYFRAN ENTERPRISE LTD Notes to the Accounts for the year ended 31 December 2023
6
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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