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REGISTERED NUMBER: 10584072 (England and Wales)











Financial Statements

for the Year Ended 31 January 2024

for

EMIHAR LIMITED

EMIHAR LIMITED (REGISTERED NUMBER: 10584072)






Contents of the Financial Statements
for the Year Ended 31 January 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


EMIHAR LIMITED

Company Information
for the Year Ended 31 January 2024







DIRECTORS: Mrs J Quinn
Mr I P Farnworth





REGISTERED OFFICE: 42 Lytton Road
Barnet
Hertfordshire
EN5 5BY





REGISTERED NUMBER: 10584072 (England and Wales)





ACCOUNTANTS: Jeff Lermer & Associates
Chartered Accountants
42 Lytton Road
Barnet
Hertfordshire
EN5 5BY

EMIHAR LIMITED (REGISTERED NUMBER: 10584072)

Balance Sheet
31 January 2024

31.1.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 42,056 56,074
Investments 5 1,490 1,315
43,546 57,389

CURRENT ASSETS
Debtors 6 554,845 531,785
Cash at bank 1,630 1,293
556,475 533,078
CREDITORS
Amounts falling due within one year 7 73,431 35,096
NET CURRENT ASSETS 483,044 497,982
TOTAL ASSETS LESS CURRENT
LIABILITIES

526,590

555,371

CREDITORS
Amounts falling due after more than one
year

8

(55,763

)

(69,345

)

PROVISIONS FOR LIABILITIES 10 (283 ) (60 )
NET ASSETS 470,544 485,966

CAPITAL AND RESERVES
Called up share capital 11 202 202
Non distributable reserves 1,206 314
Retained earnings 469,136 485,450
SHAREHOLDERS' FUNDS 470,544 485,966

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

EMIHAR LIMITED (REGISTERED NUMBER: 10584072)

Balance Sheet - continued
31 January 2024


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 Board of Directors and authorised for issue on 28 October 2024 and were signed on its behalf by:





Mr I P Farnworth - Director


EMIHAR LIMITED (REGISTERED NUMBER: 10584072)

Notes to the Financial Statements
for the Year Ended 31 January 2024

1. STATUTORY INFORMATION

Emihar 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 as modified by the revaluation of certain assets.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1 February 2023
and 31 January 2024 145,000
DEPRECIATION
At 1 February 2023 88,926
Charge for year 14,018
At 31 January 2024 102,944
NET BOOK VALUE
At 31 January 2024 42,056
At 31 January 2023 56,074

EMIHAR LIMITED (REGISTERED NUMBER: 10584072)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

5. FIXED ASSET INVESTMENTS
Interest
in other
participating Unlisted
interests investments Totals
£    £    £   
COST OR VALUATION
At 1 February 2023 1 1,314 1,315
Revaluations - 175 175
At 31 January 2024 1 1,489 1,490
NET BOOK VALUE
At 31 January 2024 1 1,489 1,490
At 31 January 2023 1 1,314 1,315

Cost or valuation at 31 January 2024 is represented by:

Interest
in other
participating Unlisted
interests investments Totals
£    £    £   
Valuation in 2018 - (330 ) (330 )
Valuation in 2021 - 1,697 1,697
Valuation in 2022 - (1,053 ) (1,053 )
Valuation in 2023 - 561 561
Cost 1 1,000 1,001
1 1,875 1,876

** TOTAL SHOWN ON CLIENT SCREEN - REVALUATION ANALYSIS - DOES NOT AGREE TO TOTAL OF FIXED ASSET 'COST' ACCOUNT HELD AT END OF YEAR IN RESPECT OF
UNLISTED INVESTMENTS

'COST' ACCOUNT TOTAL
Cost/valuation b/f 1,314
Revaluations 175
1,489

CLIENT SCREEN TOTAL = 1,875


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Trade debtors 3,529 9,662
Amounts owed by associates 549,551 520,551
Prepayments and accrued income 1,765 1,572
554,845 531,785

EMIHAR LIMITED (REGISTERED NUMBER: 10584072)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Hire purchase contracts 13,582 15,217
Directors' current accounts 59,849 19,879
73,431 35,096

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.1.24 31.1.23
£    £   
Hire purchase contracts 55,763 69,345

9. SECURED DEBTS

The following secured debts are included within creditors:

31.1.24 31.1.23
£    £   
Hire purchase contracts 69,345 84,562

The hire purchase loan is secured against the investment property held by the company.

10. PROVISIONS FOR LIABILITIES
31.1.24 31.1.23
£    £   
Deferred tax 283 60

Deferred
tax
£   
Balance at 1 February 2023 60
Provided during year 296
Balance at 31 January 2024 356

** BALANCE ABOVE AT END OF YEAR RE DEFERRED TAX ON CLIENT SCREEN OF 356
DOES NOT AGREE TO CURRENT YEAR TOTAL OF ACCOUNTS PER TB 283

PLEASE CHECK CLIENT SCREEN - NOTES TO FINANCIAL STATEMENTS - BALANCE SHEET ITEMS - PROVISIONS FOR LIABILITIES - MOVEMENT IN PROVISIONS ETC

Please note: a deferred tax asset should be entered as a negative balance (i.e. include a "-" sign)


11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.1.24 31.1.23
value: £    £   
1 A Class Ordinary £1 1 1
1 B Class Ordinary £1 1 1
100 C Class Ordinary £1 100 100
100 D Class Ordinary £1 100 100
202 202

EMIHAR LIMITED (REGISTERED NUMBER: 10584072)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

12. RELATED PARTY DISCLOSURES

At the balance sheet date the company was owed £549,551 (2023: £500,551) by WTF Limited and £nil (2021: £60,000) by Haremi Limited, companies in which the directors have common interest.

At the balance sheet date, included in creditors due within one year is £59,849 (2023: £19,879), due and payable to the director. The amount is interest free and repayable on demand.

13. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr I P Farnworth.