2023-04-012024-03-312024-03-31false05713366EMC DESIGN LTD2024-11-27iso4217:GBPxbrli:pure057133662023-04-01057133662024-03-31057133662023-04-012024-03-31057133662022-04-01057133662023-03-31057133662022-04-012023-03-3105713366bus:SmallEntities2023-04-012024-03-3105713366bus:AuditExempt-NoAccountantsReport2023-04-012024-03-3105713366bus:AbridgedAccounts2023-04-012024-03-3105713366bus:PrivateLimitedCompanyLtd2023-04-012024-03-3105713366core:WithinOneYear2024-03-3105713366core:AfterOneYear2024-03-3105713366core:WithinOneYear2023-03-3105713366core:AfterOneYear2023-03-3105713366core:ShareCapital2024-03-3105713366core:SharePremium2024-03-3105713366core:RevaluationReserve2024-03-3105713366core:OtherReservesSubtotal2024-03-3105713366core:RetainedEarningsAccumulatedLosses2024-03-3105713366core:ShareCapital2023-03-3105713366core:SharePremium2023-03-3105713366core:RevaluationReserve2023-03-3105713366core:OtherReservesSubtotal2023-03-3105713366core:RetainedEarningsAccumulatedLosses2023-03-3105713366core:LandBuildings2024-03-3105713366core:PlantMachinery2024-03-3105713366core:Vehicles2024-03-3105713366core:FurnitureFittings2024-03-3105713366core:OfficeEquipment2024-03-3105713366core:NetGoodwill2024-03-3105713366core:IntangibleAssetsOtherThanGoodwill2024-03-3105713366core:ListedExchangeTraded2024-03-3105713366core:UnlistedNon-exchangeTraded2024-03-3105713366core:LandBuildings2023-03-3105713366core:PlantMachinery2023-03-3105713366core:Vehicles2023-03-3105713366core:FurnitureFittings2023-03-3105713366core:OfficeEquipment2023-03-3105713366core:NetGoodwill2023-03-3105713366core:IntangibleAssetsOtherThanGoodwill2023-03-3105713366core:ListedExchangeTraded2023-03-3105713366core:UnlistedNon-exchangeTraded2023-03-3105713366core:LandBuildings2023-04-012024-03-3105713366core:PlantMachinery2023-04-012024-03-3105713366core:Vehicles2023-04-012024-03-3105713366core:FurnitureFittings2023-04-012024-03-3105713366core:OfficeEquipment2023-04-012024-03-3105713366core:NetGoodwill2023-04-012024-03-3105713366core:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3105713366core:ListedExchangeTraded2023-04-012024-03-3105713366core:UnlistedNon-exchangeTraded2023-04-012024-03-3105713366core:MoreThanFiveYears2023-04-012024-03-3105713366core:Non-currentFinancialInstruments2024-03-3105713366core:Non-currentFinancialInstruments2023-03-3105713366dpl:CostSales2023-04-012024-03-3105713366dpl:DistributionCosts2023-04-012024-03-3105713366core:LandBuildings2023-04-012024-03-3105713366core:PlantMachinery2023-04-012024-03-3105713366core:Vehicles2023-04-012024-03-3105713366core:FurnitureFittings2023-04-012024-03-3105713366core:OfficeEquipment2023-04-012024-03-3105713366dpl:AdministrativeExpenses2023-04-012024-03-3105713366core:NetGoodwill2023-04-012024-03-3105713366core:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3105713366dpl:GroupUndertakings2023-04-012024-03-3105713366dpl:ParticipatingInterests2023-04-012024-03-3105713366dpl:GroupUndertakingscore:ListedExchangeTraded2023-04-012024-03-3105713366core:ListedExchangeTraded2023-04-012024-03-3105713366dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-04-012024-03-3105713366core:UnlistedNon-exchangeTraded2023-04-012024-03-3105713366dpl:CostSales2022-04-012023-03-3105713366dpl:DistributionCosts2022-04-012023-03-3105713366core:LandBuildings2022-04-012023-03-3105713366core:PlantMachinery2022-04-012023-03-3105713366core:Vehicles2022-04-012023-03-3105713366core:FurnitureFittings2022-04-012023-03-3105713366core:OfficeEquipment2022-04-012023-03-3105713366dpl:AdministrativeExpenses2022-04-012023-03-3105713366core:NetGoodwill2022-04-012023-03-3105713366core:IntangibleAssetsOtherThanGoodwill2022-04-012023-03-3105713366dpl:GroupUndertakings2022-04-012023-03-3105713366dpl:ParticipatingInterests2022-04-012023-03-3105713366dpl:GroupUndertakingscore:ListedExchangeTraded2022-04-012023-03-3105713366core:ListedExchangeTraded2022-04-012023-03-3105713366dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-04-012023-03-3105713366core:UnlistedNon-exchangeTraded2022-04-012023-03-3105713366core:NetGoodwill2024-03-3105713366core:IntangibleAssetsOtherThanGoodwill2024-03-3105713366core:LandBuildings2024-03-3105713366core:PlantMachinery2024-03-3105713366core:Vehicles2024-03-3105713366core:FurnitureFittings2024-03-3105713366core:OfficeEquipment2024-03-3105713366core:AfterOneYear2024-03-3105713366core:WithinOneYear2024-03-3105713366core:ListedExchangeTraded2024-03-3105713366core:UnlistedNon-exchangeTraded2024-03-3105713366core:ShareCapital2024-03-3105713366core:SharePremium2024-03-3105713366core:RevaluationReserve2024-03-3105713366core:OtherReservesSubtotal2024-03-3105713366core:RetainedEarningsAccumulatedLosses2024-03-3105713366core:NetGoodwill2023-03-3105713366core:IntangibleAssetsOtherThanGoodwill2023-03-3105713366core:LandBuildings2023-03-3105713366core:PlantMachinery2023-03-3105713366core:Vehicles2023-03-3105713366core:FurnitureFittings2023-03-3105713366core:OfficeEquipment2023-03-3105713366core:AfterOneYear2023-03-3105713366core:WithinOneYear2023-03-3105713366core:ListedExchangeTraded2023-03-3105713366core:UnlistedNon-exchangeTraded2023-03-3105713366core:ShareCapital2023-03-3105713366core:SharePremium2023-03-3105713366core:RevaluationReserve2023-03-3105713366core:OtherReservesSubtotal2023-03-3105713366core:RetainedEarningsAccumulatedLosses2023-03-3105713366core:NetGoodwill2022-04-0105713366core:IntangibleAssetsOtherThanGoodwill2022-04-0105713366core:LandBuildings2022-04-0105713366core:PlantMachinery2022-04-0105713366core:Vehicles2022-04-0105713366core:FurnitureFittings2022-04-0105713366core:OfficeEquipment2022-04-0105713366core:AfterOneYear2022-04-0105713366core:WithinOneYear2022-04-0105713366core:ListedExchangeTraded2022-04-0105713366core:UnlistedNon-exchangeTraded2022-04-0105713366core:ShareCapital2022-04-0105713366core:SharePremium2022-04-0105713366core:RevaluationReserve2022-04-0105713366core:OtherReservesSubtotal2022-04-0105713366core:RetainedEarningsAccumulatedLosses2022-04-0105713366core:AfterOneYear2023-04-012024-03-3105713366core:WithinOneYear2023-04-012024-03-3105713366core:Non-currentFinancialInstrumentscore:CostValuation2023-04-012024-03-3105713366core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-04-012024-03-3105713366core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-04-012024-03-3105713366core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-04-012024-03-3105713366core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-04-012024-03-3105713366core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-04-012024-03-3105713366core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-04-012024-03-3105713366core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-04-012024-03-3105713366core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-04-012024-03-3105713366core:Non-currentFinancialInstrumentscore:CostValuation2024-03-3105713366core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2024-03-3105713366core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2024-03-3105713366core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2024-03-3105713366core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2024-03-3105713366core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2024-03-3105713366core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2024-03-3105713366core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2024-03-3105713366core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2024-03-3105713366core:Non-currentFinancialInstrumentscore:CostValuation2023-03-3105713366core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-03-3105713366core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-03-3105713366core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-03-3105713366core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-03-3105713366core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-03-3105713366core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-03-3105713366core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-03-3105713366core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-03-3105713366bus:Director12023-04-012024-03-3105713366bus:Director22023-04-012024-03-3105713366bus:Director32023-04-012024-03-3105713366bus:Director42023-04-012024-03-31

EMC DESIGN LTD

Registered Number
05713366
(England and Wales)

Unaudited Financial Statements for the Year ended
31 March 2024

EMC DESIGN LTD
Company Information
for the year from 1 April 2023 to 31 March 2024

Directors

CRYER, Belinda Ann
CRYER, Michael John
O'ROURKE, Sophie Louise
PARK, John

Registered Address

2 Grange Lane
Bromham
MK43 8NP

Registered Number

05713366 (England and Wales)
EMC DESIGN LTD
Balance Sheet as at
31 March 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets4127,652139,295
127,652139,295
Current assets
Debtors5267,942278,969
Cash at bank and on hand341,355212,824
609,297491,793
Creditors amounts falling due within one year6(275,179)(235,120)
Net current assets (liabilities)334,118256,673
Total assets less current liabilities461,770395,968
Creditors amounts falling due after one year(240,000)(278,000)
Provisions for liabilities(26,254)(26,466)
Net assets195,51691,502
Capital and reserves
Profit and loss account195,51691,502
Shareholders' funds195,51691,502
The financial statements were approved and authorised for issue by the Board of Directors on 27 November 2024, and are signed on its behalf by:
O'ROURKE, Sophie Louise
Director
Registered Company No. 05713366
EMC DESIGN LTD
Notes to the Financial Statements
for the year ended 31 March 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Revenue from sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Revenue from rendering of services
Revenue from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
Employee benefits
Contributions to defined contribution plans are expensed in the period to which they relate.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Deferred tax
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Reducing balance (%)
Plant and machinery15
Office Equipment15
Stocks and work in progress
Stock is valued at the lower of cost and estimated selling price less costs to complete and sell. The cost methodology employed by the entity is the first-in first-out method. Estimated selling price less costs to complete and sell are derived from the selling price which the goods would fetch in an open market transaction with established customers less the costs expected to be incurred to enable the sale to complete. Provision is made for slow-moving and obsolete items of stock. Such provisions are recognised in profit or loss. Work in progress is valued using the percentage of completion method and values are calculated using the lower of cost and estimated selling price less costs to complete and sell. When stocks are sold, the carrying amount of those stocks is recognised as an expense within cost of sales. This takes place in the same period that the associated revenue is recognised.
2.Average number of employees

20242023
Average number of employees during the year3433
3.Deferred tax
Increases in the UK Corporation tax rate from 19% to 25% (19% effective from 1 April 2017, and 25% effective from 1 April 2023) have been substantively enacted. This will impact the company's future tax charge accordingly. The value of the deferred tax assets at the balance sheet date has been calculated using the applicable rate when the asset is expected to be realised.
4.Tangible fixed assets

Total

£
Cost or valuation
At 01 April 23282,211
Additions11,222
At 31 March 24293,433
Depreciation and impairment
At 01 April 23142,916
Charge for year22,865
At 31 March 24165,781
Net book value
At 31 March 24127,652
At 31 March 23139,295
5.Debtors: amounts due within one year

2024

2023

££
Trade debtors / trade receivables249,634245,553
Other debtors(332)6,066
Prepayments and accrued income18,64027,350
Total267,942278,969
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
6.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables52,75946,231
Bank borrowings and overdrafts5,7693,131
Taxation and social security167,10573,312
Other creditors9,54717,324
Accrued liabilities and deferred income39,99995,122
Total275,179235,120
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.