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REGISTERED NUMBER: 09021559 (England and Wales)














Financial Statements for the Year Ended 31 May 2024

for

EMT Engineering Limited

EMT Engineering Limited (Registered number: 09021559)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


EMT Engineering Limited

Company Information
for the Year Ended 31 May 2024







DIRECTOR: Mr N E Kane





REGISTERED OFFICE: Unit 7
Marston Business Park
Lower Hazeldines
Marston Moretaine
Bedfordshire
MK43 0XT





REGISTERED NUMBER: 09021559 (England and Wales)





ACCOUNTANTS: Farrell & Co
1C Amberside
Wood Lane
Hemel Hempstead
Hertfordshire
HP2 4TP

EMT Engineering Limited (Registered number: 09021559)

Balance Sheet
31 May 2024

31.5.24 31.5.23
Notes £    £   
CURRENT ASSETS
Stocks 5 40,158 25,364
Debtors 6 344,152 199,591
Cash at bank and in hand 1,889 585
386,199 225,540
CREDITORS
Amounts falling due within one year 7 75,927 73,599
NET CURRENT ASSETS 310,272 151,941
TOTAL ASSETS LESS CURRENT
LIABILITIES

310,272

151,941

CREDITORS
Amounts falling due after more than one year 8 188,897 29,786
NET ASSETS 121,375 122,155

CAPITAL AND RESERVES
Called up share capital 9 4 4
Retained earnings 10 121,371 122,151
SHAREHOLDERS' FUNDS 121,375 122,155

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 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.

EMT Engineering Limited (Registered number: 09021559)

Balance Sheet - continued
31 May 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 director and authorised for issue on 27 February 2025 and were signed by:





Mr N E Kane - Director


EMT Engineering Limited (Registered number: 09021559)

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

1. STATUTORY INFORMATION

EMT Engineering 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.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of nil years.

Amortisation of patents and licences
The company is amortising a licence purchased in 2015 over it's useful life of 5 years.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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).

EMT Engineering Limited (Registered number: 09021559)

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

4. INTANGIBLE FIXED ASSETS
Patents
and
licences
£   
COST
At 1 June 2023
and 31 May 2024 17,940
AMORTISATION
At 1 June 2023
and 31 May 2024 17,940
NET BOOK VALUE
At 31 May 2024 -
At 31 May 2023 -

5. STOCKS
31.5.24 31.5.23
£    £   
Stocks 40,158 25,364

6. DEBTORS
31.5.24 31.5.23
£    £   
Amounts falling due within one year:
Other debtors 326,128 181,567

Amounts falling due after more than one year:
Amounts owed by associates 18,024 18,024

Aggregate amounts 344,152 199,591

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Trade creditors 1,457 11,846
Taxation and social security - 8,863
Other creditors 74,470 52,890
75,927 73,599

EMT Engineering Limited (Registered number: 09021559)

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

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.5.24 31.5.23
£    £   
Amounts owed to group undertakings 188,897 29,786

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.5.24 31.5.23
value: £    £   
4 Ordinary £1 4 4

10. RESERVES
Retained
earnings
£   

At 1 June 2023 122,151
Deficit for the year (780 )
At 31 May 2024 121,371

11. RELATED PARTY DISCLOSURES

Energy Maintenance Technologies Limited owns 75% of the shareholding in EMT Engineering Limited.

During the year EMT Engineering Limited has sold goods to Energy Maintenance Technologies Limited amounting to £335,500 (2023: £102,800). EMT Engineering Limited has also provided management services to Energy Maintenance Technologies Limited amounting to £79,500 (2023: £103,600). All transactions were at arms length.

At the balance sheet date EMT Engineering Ltd owes Energy Maintenance Technologies Limited £188,897.


EMT Engineering Ltd and EMT Corporation Ltd have the same director.

During the year EMT Engineering Ltd provided loans to EMT Corporation Ltd of £18,024. This balance was outstanding at the year end.