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
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
EMYFRAN ENTERPRISE LTD
Statement of financial position
as at 31 December 2023
Tangible assets
897,000
585,000
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)
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
EMYFRAN ENTERPRISE LTD
Notes to the Accounts
for the year ended 31 December 2023
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
4
Tangible fixed assets
Land & buildings
At 31 December 2023
897,000
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
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).