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REGISTERED NUMBER: 11103151 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

EMME-E HIGH TECH HOLDING LTD

EMME-E HIGH TECH HOLDING LTD (REGISTERED NUMBER: 11103151)






Contents of the Financial Statements
FOR THE YEAR ENDED 31 DECEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


EMME-E HIGH TECH HOLDING LTD

Company Information
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTOR: M Flammini





REGISTERED OFFICE: 38 Craven Street
London
WC2N 5NG





REGISTERED NUMBER: 11103151 (England and Wales)





ACCOUNTANTS: B&P Tax Legal Finance LLP
38 Craven Street
London
WC2N 5NG

EMME-E HIGH TECH HOLDING LTD (REGISTERED NUMBER: 11103151)

Balance Sheet
31 DECEMBER 2023

2023 2022
Notes €    €   
CURRENT ASSETS
Debtors 5 5,064 5,161

CREDITORS
Amounts falling due within one year 6 (135,548 ) (135,633 )
NET CURRENT LIABILITIES (130,484 ) (130,472 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(130,484

)

(130,472

)

CAPITAL AND RESERVES
Called up share capital 56,863 56,863
Retained earnings (187,347 ) (187,335 )
(130,484 ) (130,472 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 2 September 2024 and were signed by:





M Flammini - Director


EMME-E HIGH TECH HOLDING LTD (REGISTERED NUMBER: 11103151)

Notes to the Financial Statements
FOR THE YEAR ENDED 31 DECEMBER 2023

1. STATUTORY INFORMATION

Emme-E High Tech Holding Ltd 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 Euro (€).


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.

The shareholder has confirmed that it will continue to provide the financial support necessary for the company to meet its financial commitments as they fall due for at least twelve months from the date of approval of these financial statements. Therefore the directors consider it appropriate that the financial statements are prepared on a going concern basis.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost less any provision for impairment.

Financial instruments
Financial assets

The company's financial assets comprise basic financial instruments, being trade and other receivables, amounts owed by group undertakings, cash and bank balances.

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice.

Trade, other receivable and amounts owed by group undertakings are measured at transaction price less any impairment. Any impairment loss is recognised in the Profit and Loss.

Financial assets are derecognised when contractual rights to the cash flows from the financial asset expires or are settled, or when substantially all the risks and rewards of ownership have been transferred.

Financial liabilities

The company's financial liabilities comprise of basic financial liabilities, including trade and other payables. These are initially recognised at transaction price.

Trade payables are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities.

Financial liabilities are derecognised when the liability is extinguished, that is when the contractual obligation is discharged, cancelled, or expires.

EMME-E HIGH TECH HOLDING LTD (REGISTERED NUMBER: 11103151)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

2. ACCOUNTING POLICIES - continued

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3. EMPLOYEES AND DIRECTORS

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

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
€   
COST
At 1 January 2023
and 31 December 2023 709,213
PROVISIONS
At 1 January 2023
and 31 December 2023 709,213
NET BOOK VALUE
At 31 December 2023 -
At 31 December 2022 -

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
€    €   
Amounts owed by group undertakings 3,982 4,066
Other debtors 1,082 1,095
5,064 5,161

EMME-E HIGH TECH HOLDING LTD (REGISTERED NUMBER: 11103151)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
€    €   
Amounts owed to group undertakings 92,681 92,681
Directors' loan accounts 32,534 32,534
Accruals and deferred income 10,333 10,418
135,548 135,633

7. RELATED PARTY DISCLOSURES

At the end of the reporting period the company owed € 32,534 (2022: € 32,534) to the director. The loan is short term and interest free.

At year end date the company was owed an amount of € 4,150 (2022: € 4,066) from a company under common control which bears no interest and is short term.

8. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is E Flammini.

EMME-E GROUP Limited is the name of the parent undertaking.