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REGISTERED NUMBER: 03976138 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024

FOR

EMPRESA LIMITED

EMPRESA LIMITED (REGISTERED NUMBER: 03976138)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024




Page

Balance Sheet 1

Notes to the Financial Statements 2


EMPRESA LIMITED (REGISTERED NUMBER: 03976138)

BALANCE SHEET
30 APRIL 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 36,989 46,407
Investments 6 - 25,000
36,989 71,407

CURRENT ASSETS
Debtors 7 36,504 48,069
Cash at bank and in hand 126,681 149,602
163,185 197,671
CREDITORS
Amounts falling due within one year 8 76,997 90,217
NET CURRENT ASSETS 86,188 107,454
TOTAL ASSETS LESS CURRENT
LIABILITIES

123,177

178,861

CREDITORS
Amounts falling due after more than one year 9 (49,340 ) (66,875 )

PROVISIONS FOR LIABILITIES (9,215 ) (11,562 )
NET ASSETS 64,622 100,424

CAPITAL AND RESERVES
Called up share capital 11 111 111
Retained earnings 64,511 100,313
SHAREHOLDERS' FUNDS 64,622 100,424

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

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

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 Board of Directors and authorised for issue on 10 January 2025 and were signed on its behalf by:



Mr M C Brine - Director


EMPRESA LIMITED (REGISTERED NUMBER: 03976138)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1. STATUTORY INFORMATION

Empresa Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 03976138

Registered office: 43 All Saints Green
Norwich
Norfolk
NR1 3LY

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 represents the fair value of services provided during the year. Turnover is recognised as contract activity progresses and the right to consideration is earned. Fair value reflects the amount expected to be recoverable from clients. Turnover excludes value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Fixtures and fittings - 25% on cost
Motor Vehicles - 25% on cost
Computer equipment - 33% on cost

Research and development
Expenditure on research and development is written off in the year in which it is incurred.


Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Deferred tax
The charge for taxation is based on the results for the year and takes into account taxation deferred because of timing differences between the treatment of certain items for taxation and accounting purposes. In accordance with Financial Reporting Standard 19, provision is made for deferred tax in respect of all timing differences that have originated but not reversed by the balance sheet date. Deferred tax assets are only recognised when it is more likely than not that the deferred tax asset will be recovered. Deferred tax is measured using rates of tax that have been enacted or substantially enacted by the balance sheet date. Deferred tax balances are not discounted.

Goodwill and intangible assets
Goodwill is capitalised initially at cost and is based on the acquisition of a business in 2010. Goodwill had been amortised evenly over its estimated useful life of three years and is now fully written down.

Investments
Fixed asset investments are stated at cost less any provision for diminution in value.

EMPRESA LIMITED (REGISTERED NUMBER: 03976138)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

3. EMPLOYEES

The average number of employees during the year was 8 (2023 - 8 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 May 2023
and 30 April 2024 42,500
AMORTISATION
At 1 May 2023
and 30 April 2024 42,500
NET BOOK VALUE
At 30 April 2024 -
At 30 April 2023 -

5. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 May 2023 8,752 69,000 61,142 138,894
Additions - - 13,771 13,771
At 30 April 2024 8,752 69,000 74,913 152,665
DEPRECIATION
At 1 May 2023 7,000 28,750 56,737 92,487
Charge for year 961 17,250 4,978 23,189
At 30 April 2024 7,961 46,000 61,715 115,676
NET BOOK VALUE
At 30 April 2024 791 23,000 13,198 36,989
At 30 April 2023 1,752 40,250 4,405 46,407

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 May 2023
and 30 April 2024 69,000
DEPRECIATION
At 1 May 2023 28,750
Charge for year 17,250
At 30 April 2024 46,000
NET BOOK VALUE
At 30 April 2024 23,000
At 30 April 2023 40,250

EMPRESA LIMITED (REGISTERED NUMBER: 03976138)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

6. FIXED ASSET INVESTMENTS
Unlisted
investments
£   
COST
At 1 May 2023 25,000
Impairments (25,000 )
At 30 April 2024 -
NET BOOK VALUE
At 30 April 2024 -
At 30 April 2023 25,000

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 26,500 27,966
Other debtors 10,004 20,103
36,504 48,069

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,081 9,833
Hire purchase contracts 10,798 10,798
Trade creditors 15,286 11,826
Taxation and social security 30,379 49,284
Other creditors 10,453 8,476
76,997 90,217

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 16,530 26,568
Hire purchase contracts 32,810 40,307
49,340 66,875

10. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Hire purchase contracts 43,608 51,105

EMPRESA LIMITED (REGISTERED NUMBER: 03976138)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £ £
60 Ordinary A £1 60 60
40 Ordinary B £1 40 40
5 Ordinary C £1 5 5
6 Ordinary D £1 6 6
111 111



12. OTHER FINANCIAL COMMITMENTS

The total amount of commitments, guarantees and contingencies is £70,331 (2023 - £98,779).