Company Registration No. 01742328 (England and Wales)
Emmacane Limited
Unaudited accounts
for the year ended 31 December 2023
Emmacane Limited
Unaudited accounts
Contents
Emmacane Limited
Company Information
for the year ended 31 December 2023
Directors
Mr E J Rolfe
Mr B J Rolfe
Company Number
01742328 (England and Wales)
Registered Office
28 Market Field
Steyning
West Sussex
BN44 3SU
England
Accountants
Richard Matthew Accountancy Ltd
Milner
Cowfold Road
Coolham
West Sussex
RH13 8QJ
Emmacane Limited
Statement of financial position
as at 31 December 2023
Tangible assets
2,625
2,351
Inventories
439,714
378,585
Cash at bank and in hand
129,358
298,665
Creditors: amounts falling due within one year
(124,685)
(254,053)
Net current assets
534,714
526,867
Total assets less current liabilities
537,339
529,218
Creditors: amounts falling due after more than one year
(28,333)
(38,333)
Net assets
509,006
490,885
Called up share capital
1,700
1,700
Revaluation reserve
3,654
3,654
Profit and loss account
503,652
485,531
Shareholders' funds
509,006
490,885
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 25 September 2024 and were signed on its behalf by
Mr B J Rolfe
Director
Company Registration No. 01742328
Emmacane Limited
Notes to the Accounts
for the year ended 31 December 2023
Emmacane Limited is a private company, limited by shares, registered in England and Wales, registration number 01742328. The registered office is 28 Market Field, Steyning, West Sussex, BN44 3SU, 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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes
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:
Plant & machinery
25% on reducing balance
Computer equipment
33% on cost
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Emmacane Limited
Notes to the Accounts
for the year ended 31 December 2023
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 January 2023
29,585
8,855
38,440
At 31 December 2023
29,585
10,147
39,732
At 1 January 2023
27,234
8,855
36,089
Charge for the year
588
430
1,018
At 31 December 2023
27,822
9,285
37,107
At 31 December 2023
1,763
862
2,625
At 31 December 2022
2,351
-
2,351
Amounts falling due within one year
Trade debtors
90,327
103,670
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
84,654
190,837
Taxes and social security
36,611
59,097
Loans from directors
1,620
2,369
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).