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Company Registration No. 10021900 (England and Wales)
Emcee Associates Limited Unaudited accounts for the year ended 30 June 2024
Emcee Associates Limited Unaudited accounts Contents
Page
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Emcee Associates Limited Company Information for the year ended 30 June 2024
Directors
M Chacko
Secretary
C M Chacko
Company Number
10021900 (England and Wales)
Registered Office
66 Oldfields Road Sutton SM1 2NU
Accountants
MCC Partners 1a Saddington Street Gravesend Kent DA12 1ED
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Emcee Associates Limited Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
14,226 
22,960 
Current assets
Inventories
50,985 
62,125 
Debtors
74,620 
79,147 
Cash at bank and in hand
10,555 
5,801 
136,160 
147,073 
Creditors: amounts falling due within one year
(123,025)
(122,720)
Net current assets
13,135 
24,353 
Total assets less current liabilities
27,361 
47,313 
Creditors: amounts falling due after more than one year
(19,187)
(37,868)
Provisions for liabilities
Deferred tax
(2,703)
(4,362)
Net assets
5,471 
5,083 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
5,371 
4,983 
Shareholders' funds
5,471 
5,083 
For the year ending 30 June 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 26 July 2024 and were signed on its behalf by
M Chacko Director Company Registration No. 10021900
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Emcee Associates Limited Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
Emcee Associates Limited is a private company, limited by shares, registered in England and Wales, registration number 10021900. The registered office is 66 Oldfields Road, Sutton, SM1 2NU.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Plant & machinery
Over 3 years straight line
Motor vehicles
Over 5 years straight line
Computer equipment
Over 4 years straight line
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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Emcee Associates Limited Notes to the Accounts for the year ended 30 June 2024
Leased assets
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 July 2023
2,806 
41,301 
1,896 
46,003 
At 30 June 2024
2,806 
41,301 
1,896 
46,003 
Depreciation
At 1 July 2023
2,806 
19,128 
1,109 
23,043 
Charge for the year
- 
8,260 
474 
8,734 
At 30 June 2024
2,806 
27,388 
1,583 
31,777 
Net book value
At 30 June 2024
- 
13,913 
313 
14,226 
At 30 June 2023
- 
22,173 
787 
22,960 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
- 
3,980 
Trade debtors
- 
12,667 
Accrued income and prepayments
74,620 
62,500 
74,620 
79,147 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
10,000 
10,000 
VAT
10,229 
- 
Trade creditors
- 
12,550 
Taxes and social security
9,815 
3,359 
Other creditors
48,972 
59,500 
Loans from directors
44,009 
37,311 
123,025 
122,720 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
7,600 
17,708 
Obligations under finance leases and hire purchase contracts
11,587 
20,160 
19,187 
37,868 
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Emcee Associates Limited Notes to the Accounts for the year ended 30 June 2024
8
Average number of employees
During the year the average number of employees was 4 (2023: 4).
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