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REGISTERED NUMBER: 11671826 (England and Wales)









EMEAI Limited

Unaudited Financial Statements

for the Year Ended 30 November 2023






EMEAI Limited (Registered number: 11671826)






Contents of the Financial Statements
for the Year Ended 30 November 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


EMEAI Limited

Company Information
for the Year Ended 30 November 2023







DIRECTOR: A Aggarwal





REGISTERED OFFICE: Chartered Accountants
33 Chester Road West
Queensferry
Deeside
Flintshire
CH5 1SA





REGISTERED NUMBER: 11671826 (England and Wales)





ACCOUNTANTS: Henry R. Davis & Co. Limited
Chartered Accountants
33 Chester Road West
Queensferry
Deeside
Flintshire
CH5 1SA

EMEAI Limited (Registered number: 11671826)

Balance Sheet
30 November 2023

30.11.23 30.11.22
Notes £    £   
CURRENT ASSETS
Debtors 4 4,923 4,829
Cash at bank 185 185
5,108 5,014
CREDITORS
Amounts falling due within one year 5 21,821 18,647
NET CURRENT LIABILITIES (16,713 ) (13,633 )
TOTAL ASSETS LESS CURRENT LIABILITIES (16,713 ) (13,633 )

CREDITORS
Amounts falling due after more than one
year

6

11,950

14,631
NET LIABILITIES (28,663 ) (28,264 )

CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings (28,673 ) (28,274 )
SHAREHOLDERS' FUNDS (28,663 ) (28,264 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

EMEAI Limited (Registered number: 11671826)

Balance Sheet - continued
30 November 2023


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 29 October 2024 and were signed by:





A Aggarwal - Director


EMEAI Limited (Registered number: 11671826)

Notes to the Financial Statements
for the Year Ended 30 November 2023

1. STATUTORY INFORMATION

EMEAI 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Going concern
The financial statements have been prepared on a going concern basis.

The director has concluded that there are material uncertainties that cast significant doubt upon the entity’s ability to continue as a going concern. These uncertainties stem from the impact of Covid 19 on customers, suppliers, employees and other stakeholders, including reduced activity due to travel bans,social distancing and economic hardship.

Nevertheless, the director has taken positive steps to generate income, mitigate costs and secure funding. The director has a reasonable expectation that the company has adequate resources to continue trading for the foreseeable future, which is at least twelve months from the date of approval of the financial statements.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

EMEAI Limited (Registered number: 11671826)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Other debtors 4,923 4,829

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Bank loans and overdrafts 4,282 4,282
Other creditors 17,539 14,365
21,821 18,647

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.11.23 30.11.22
£    £   
Bank loans 11,950 14,631

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 November 2023 and 30 November 2022:

30.11.23 30.11.22
£    £   
A Aggarwal
Balance outstanding at start of year (13,213 ) (8 )
Amounts advanced 7,374 1,978
Amounts repaid (11,010 ) (15,183 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (16,849 ) (13,213 )

8. ULTIMATE CONTROLLING PARTY

The controlling party is A Aggarwal.

9. BANK LOAN

A bank loan amounting to £16,231 relates to a loan provided under the Bounce Back Loan Scheme. This scheme provides the lender with a government-backed guarantee (100%) against the outstanding facility balance (principal and interest). Interest is charged at 2.5% per annum.