Company Registration No. 07885664 (England and Wales)
EMS Hampshire Limited
Unaudited accounts
for the year ended 31 August 2024
EMS Hampshire Limited
Unaudited accounts
Contents
EMS Hampshire Limited
Company Information
for the year ended 31 August 2024
Directors
Michelle Eames
Mark Eames
Company Number
07885664 (England and Wales)
Registered Office
203 WEST STREET
FAREHAM
HAMPSHIRE
PO16 0EN
Accountants
Taxsense
203 West Street
Fareham
Hants
PO16 0EN
EMS Hampshire Limited
Statement of financial position
as at 31 August 2024
Tangible assets
1,483,543
1,484,418
Cash at bank and in hand
293,775
350,167
Creditors: amounts falling due within one year
(406,103)
(128,886)
Net current assets
67,801
503,877
Total assets less current liabilities
1,551,702
1,988,653
Creditors: amounts falling due after more than one year
(10,800)
(383,164)
Net assets
1,540,902
1,605,489
Called up share capital
400,000
865,787
Revaluation reserve
240,000
240,000
Capital redemption reserve
465,787
-
Profit and loss account
435,115
499,702
Shareholders' funds
1,540,902
1,605,489
For the year ending 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 14 October 2024 and were signed on its behalf by
Mark Eames
Director
Company Registration No. 07885664
EMS Hampshire Limited
Notes to the Accounts
for the year ended 31 August 2024
EMS Hampshire Limited is a private company, limited by shares, registered in England and Wales, registration number 07885664. The registered office is 203 WEST STREET, FAREHAM, HAMPSHIRE, PO16 0EN.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
Not depreciated
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
Fixtures & fittings
25% reducing balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Goodwill has been fully amortised during this period.
4
Intangible fixed assets
Goodwill
At 1 September 2023
1,165,787
At 31 August 2024
1,165,787
At 1 September 2023
1,165,787
At 31 August 2024
1,165,787
EMS Hampshire Limited
Notes to the Accounts
for the year ended 31 August 2024
5
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 September 2023
1,480,920
35,159
9,873
1,525,952
At 31 August 2024
1,480,920
35,159
9,873
1,525,952
At 1 September 2023
-
32,696
8,838
41,534
Charge for the year
-
616
259
875
At 31 August 2024
-
33,312
9,097
42,409
At 31 August 2024
1,480,920
1,847
776
1,483,543
At 31 August 2023
1,480,920
2,463
1,035
1,484,418
6
Investments
Subsidiary undertakings
Valuation at 1 September 2023
358
Valuation at 31 August 2024
358
Amounts falling due within one year
Amounts due from group undertakings etc.
180,129
152,222
Amounts falling due after more than one year
8
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
-
48,300
Taxes and social security
13,156
67,864
Loans from directors
387,708
-
9
Creditors: amounts falling due after more than one year
2024
2023
Other creditors
10,800
10,800
EMS Hampshire Limited
Notes to the Accounts
for the year ended 31 August 2024
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Directors Loan Account
65,187
-
259,041
(193,854)
Directors Loan Account
65,187
-
259,041
(193,854)
130,374
-
518,082
(387,708)
11
Transactions with related parties
EMS Hampshire Ltd is the ultimate parent of Taxsense Accountants Limited, management charges have been made to this company during the period and at the year end £180,129 is owed by Taxsense Accountants Ltd to EMS Hampshire Ltd (2023 £152,222).
12
Average number of employees
During the year the average number of employees was 0 (2023: 0).