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REGISTERED NUMBER: 09597350 (England and Wales)














UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2024

FOR

2EM LIMITED

2EM LIMITED (REGISTERED NUMBER: 09597350)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


2EM LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2024







DIRECTOR: Mr A Mulholland





REGISTERED OFFICE: 3 Hollowtree Mews
Croxley Green
Rickmansworth
England
WD3 3FU





REGISTERED NUMBER: 09597350 (England and Wales)





ACCOUNTANTS: David Simon Limited
Chartered Certified Accountants
5 Jardine House
Harrovian Business Village
Bessborough Road
Harrow
Middlesex
HA1 3EX

2EM LIMITED (REGISTERED NUMBER: 09597350)

STATEMENT OF FINANCIAL POSITION
31 MAY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 67,243 100,365
Investments 5 72,917 72,917
140,160 173,282

CURRENT ASSETS
Debtors 6 545,546 335,239
Cash at bank and in hand 149,539 193,991
695,085 529,230
CREDITORS
Amounts falling due within one year 7 25,480 13,085
NET CURRENT ASSETS 669,605 516,145
TOTAL ASSETS LESS CURRENT
LIABILITIES

809,765

689,427

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 809,665 689,327
SHAREHOLDERS' FUNDS 809,765 689,427

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.

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 26 February 2025 and were signed by:





Mr A Mulholland - Director


2EM LIMITED (REGISTERED NUMBER: 09597350)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

1. STATUTORY INFORMATION

2EM 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 net invoiced value of services rendered ,excluding 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.
Plant and machinery etc - 33.33% on cost and 25% on cost

Investments in associates
Investments in associate undertakings are recognised at cost.

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 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 June 2023 178,485
Additions 2,207
At 31 May 2024 180,692
DEPRECIATION
At 1 June 2023 78,120
Charge for year 35,329
At 31 May 2024 113,449
NET BOOK VALUE
At 31 May 2024 67,243
At 31 May 2023 100,365

2EM LIMITED (REGISTERED NUMBER: 09597350)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2024

5. FIXED ASSET INVESTMENTS
Interest
in
associate
£   
COST
At 1 June 2023
and 31 May 2024 72,917
NET BOOK VALUE
At 31 May 2024 72,917
At 31 May 2023 72,917

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 5,400 10,320
Other debtors 540,146 324,919
545,546 335,239

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 25,467 12,922
Other creditors 13 163
25,480 13,085

8. RELATED PARTY DISCLOSURES

Included in debtors is an amount of £539,000 (2023: £324,000) due from a company in which the director has an interest.

Included in turnover is an amount of £151,820 (2023: £238,700) relating to services sold to a connected company.