REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period 31 January 2023 to 31 July 2024 |
for |
EMP Summerfield House Limited |
REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period 31 January 2023 to 31 July 2024 |
for |
EMP Summerfield House Limited |
EMP Summerfield House Limited (Registered number: 14628345) |
Contents of the Financial Statements |
for the Period 31 January 2023 to 31 July 2024 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
EMP Summerfield House Limited |
Company Information |
for the Period 31 January 2023 to 31 July 2024 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
9 Shottery Brook Office Park |
Timothys Bridge Road |
Stratford-Upon-Avon |
CV37 9NR |
EMP Summerfield House Limited (Registered number: 14628345) |
Balance Sheet |
31 July 2024 |
Notes | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
Investment property | 5 |
CURRENT ASSETS |
Debtors | 6 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 7 |
NET CURRENT LIABILITIES | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
CAPITAL AND RESERVES |
Called up share capital | 8 |
Retained earnings | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) |
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. |
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 |
EMP Summerfield House Limited (Registered number: 14628345) |
Notes to the Financial Statements |
for the Period 31 January 2023 to 31 July 2024 |
1. | STATUTORY INFORMATION |
EMP Summerfield House Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Tangible fixed assets |
Fixtures and fittings | - |
Computer equipment | - |
Investment property |
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss. |
Taxation |
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, 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 period 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 |
These financial statements have been prepared on the going concern basis, which may not be appropriate as the company is reporting net current liabilities of £654,059. |
The validity of which is dependent upon the continued support of the company's parent undertaking, to ensure adequate facilities are available for the company to discharge its liabilities as they fall due. As with any company placing reliance on other group entities for financial support, the directors acknowledge that there can be no certainty that this support will continue indefinitely, although at the date of approval of these financial statements, the company's parent undertaking has confirmed that support will be available for the foreseeable future. |
Based on this, the directors believe that it remains appropriate to prepare financial statements on a going concern basis. The financial statements do not include any adjustments which would result from the basis of preparation being inappropriate. |
Trade creditors |
Trade creditors are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as amounts falling due after more than one year. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was |
EMP Summerfield House Limited (Registered number: 14628345) |
Notes to the Financial Statements - continued |
for the Period 31 January 2023 to 31 July 2024 |
4. | TANGIBLE FIXED ASSETS |
Fixtures |
and | Computer |
fittings | equipment | Totals |
£ | £ | £ |
COST |
Additions |
At 31 July 2024 |
DEPRECIATION |
Charge for period |
At 31 July 2024 |
NET BOOK VALUE |
At 31 July 2024 |
5. | INVESTMENT PROPERTY |
Total |
£ |
FAIR VALUE |
Additions |
At 31 July 2024 |
NET BOOK VALUE |
At 31 July 2024 |
6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
VAT |
Prepayments and accrued income |
7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Trade creditors |
Amounts owed to group undertakings |
Accruals and deferred income |
8. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal |
value: | £ |
Ordinary | 100 | 100 |
9. | RELATED PARTY DISCLOSURES |
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. |
EMP Summerfield House Limited (Registered number: 14628345) |
Notes to the Financial Statements - continued |
for the Period 31 January 2023 to 31 July 2024 |
10. | ULTIMATE CONTROLLING PARTY |
The immediate parent company is Evans Mann Properties Limited, incorporated in England and Wales and whose registered office is the same as EMP Summerfield House Limited. |
The company is under the control of the board of directors. |