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REGISTERED NUMBER: 09210332 (England and Wales)















Unaudited Financial Statements

for the Period 1 October 2022 to 29 September 2023

for

Empire Retail Management (West) Limited

Empire Retail Management (West) Limited (Registered number: 09210332)






Contents of the Financial Statements
for the Period 1 October 2022 to 29 September 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Empire Retail Management (West) Limited

Company Information
for the Period 1 October 2022 to 29 September 2023







DIRECTOR: P Dickson





REGISTERED OFFICE: 2a Swordfish Business Park
Swordfish Close
Higgins Lane
Burscough
Lancashire
L40 8JW





REGISTERED NUMBER: 09210332 (England and Wales)





ACCOUNTANTS: Kirkwood Wilson Limited
2a Swordfish Business Park
Swordfish Close
Higgins Lane
Burscough
Lancashire
L40 8JW

Empire Retail Management (West) Limited (Registered number: 09210332)

Balance Sheet
29 September 2023

29.9.23 30.9.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 3,662 7,047
3,662 7,047

CURRENT ASSETS
Stocks 245,618 427,616
Debtors 6 388,376 343,861
633,994 771,477
CREDITORS
Amounts falling due within one year 7 598,938 729,382
NET CURRENT ASSETS 35,056 42,095
TOTAL ASSETS LESS CURRENT LIABILITIES 38,718 49,142

PROVISIONS FOR LIABILITIES 916 1,762
NET ASSETS 37,802 47,380

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 37,800 47,378
37,802 47,380

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 29 September 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 29 September 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 25 September 2024 and were signed by:





P Dickson - Director


Empire Retail Management (West) Limited (Registered number: 09210332)

Notes to the Financial Statements
for the Period 1 October 2022 to 29 September 2023

1. STATUTORY INFORMATION

Empire Retail Management (West) 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.

Significant judgements and estimates
The preparation of the financial statements requires management to make judgements, estimates and assumption that affect the amount reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Turnover
Turnover 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 2019, is being amortised evenly over its estimated useful life of five 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.

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

Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into.

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 period was 53 (2022 - 70 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 October 2022
and 29 September 2023 96,000
AMORTISATION
At 1 October 2022
and 29 September 2023 96,000
NET BOOK VALUE
At 29 September 2023 -
At 30 September 2022 -

Empire Retail Management (West) Limited (Registered number: 09210332)

Notes to the Financial Statements - continued
for the Period 1 October 2022 to 29 September 2023

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 October 2022 91,564
Disposals (52,730 )
At 29 September 2023 38,834
DEPRECIATION
At 1 October 2022 84,517
Charge for period 1,831
Eliminated on disposal (51,176 )
At 29 September 2023 35,172
NET BOOK VALUE
At 29 September 2023 3,662
At 30 September 2022 7,047

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.9.23 30.9.22
£    £   
Trade debtors 61,831 66,381
Other debtors 326,545 277,480
388,376 343,861

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.9.23 30.9.22
£    £   
Bank loans and overdrafts 5,374 64,674
Trade creditors 435,601 319,176
Taxation and social security 10,306 120,492
Other creditors 147,657 225,040
598,938 729,382

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
29.9.23 30.9.22
£    £   
Within one year 7,511 23,292
Between one and five years - 105,511
7,511 128,803

9. RELATED PARTY DISCLOSURES

At 30 September 2023 the company owed a total of £111,266 (£147,287 2022) to companies owned by Mr. P. Dickson within a similar trade and the company was owed £266,348 (£221,546 2022) by other companies owned by Mr. P. Dickson, the director of the company.