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REGISTERED NUMBER: 13414305 (England and Wales)
















Unaudited Financial Statements for the Year Ended 31 May 2024

for

Emerson Bond Group Limited

Emerson Bond Group Limited (Registered number: 13414305)






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




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Emerson Bond Group Limited

Company Information
for the Year Ended 31 May 2024







DIRECTORS: M G Bertie
W S Green
S N McEwan





REGISTERED OFFICE: The Lighthouse
1 King's Cross Bridge
London
N1 9NW





REGISTERED NUMBER: 13414305 (England and Wales)





ACCOUNTANTS: Hardcastle Burton LLP
Lake House
Market Hill
Royston
Hertfordshire
SG8 9JN

Emerson Bond Group Limited (Registered number: 13414305)

Abridged Balance Sheet
31 May 2024

31.5.24 31.5.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,649 9,660

CURRENT ASSETS
Debtors 322,241 350,172
Cash at bank 1,851,641 1,519,762
2,173,882 1,869,934
CREDITORS
Amounts falling due within one year 449,086 357,985
NET CURRENT ASSETS 1,724,796 1,511,949
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,727,445

1,521,609

CAPITAL AND RESERVES
Called up share capital 6 11,766 11,766
Share premium 990,000 990,000
Retained earnings 725,679 519,843
SHAREHOLDERS' FUNDS 1,727,445 1,521,609

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 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.

Emerson Bond Group Limited (Registered number: 13414305)

Abridged 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 May 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 18 February 2025 and were signed on its behalf by:





S N McEwan - Director


Emerson Bond Group Limited (Registered number: 13414305)

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

1. STATUTORY INFORMATION

Emerson Bond Group 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.

Related party exemption
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.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 33% on cost

Financial instruments
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.

Basic financial assets
Basic financial assets, which include debtors, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities
Basic financial liabilities, including creditors and loans that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.


Emerson Bond Group Limited (Registered number: 13414305)

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

2. ACCOUNTING POLICIES - continued
Taxation
Taxation for the year 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 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.

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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2023 - 13 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 June 2023 23,236
Additions 1,051
At 31 May 2024 24,287
DEPRECIATION
At 1 June 2023 13,576
Charge for year 8,062
At 31 May 2024 21,638
NET BOOK VALUE
At 31 May 2024 2,649
At 31 May 2023 9,660

Emerson Bond Group Limited (Registered number: 13414305)

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

5. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
31.5.24 31.5.23
£    £   
Within one year 52,460 -
Between one and five years 36,120 -
88,580 -

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.5.24 31.5.23
value: £    £   
176,488 Ordinary Shares A £0.01 1,765 1,765
1,000,000 Preference Ordinary Shares £0.01 10,000 10,000
1 Deferred Shares £1 1 1
11,766 11,766

7. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Laurel Developments and Consulting Limited (company number 09306048) with the registered office address: Lake House, Market Hill, Royston, Herts, SG8 9JN

8. PENSION COMMITMENTS

The pension cost charge represents contributions payable by the company to the fund and amounted to £179,005 (2023: £123,142). Contributions totalling £21,420 (2023: £32,656) were payable to the fund at the balance sheet date and are included in creditors.