38 false false false false false false false false false false true false false false false false false No description of principal activity 2023-07-01 Sage Accounts Production Advanced 2023 - FRS102_2023 9,000 9,000 xbrli:pure xbrli:shares iso4217:GBP 03893507 2023-07-01 2024-06-30 03893507 2024-06-30 03893507 2023-06-30 03893507 2022-07-01 2023-06-30 03893507 2023-06-30 03893507 2022-06-30 03893507 bus:Director1 2023-07-01 2024-06-30 03893507 core:NetGoodwill 2024-06-30 03893507 core:PlantMachinery 2023-06-30 03893507 core:FurnitureFittings 2023-06-30 03893507 core:PlantMachinery 2024-06-30 03893507 core:FurnitureFittings 2024-06-30 03893507 core:PlantMachinery 2023-07-01 2024-06-30 03893507 core:FurnitureFittings 2023-07-01 2024-06-30 03893507 core:WithinOneYear 2024-06-30 03893507 core:WithinOneYear 2023-06-30 03893507 core:ShareCapital 2024-06-30 03893507 core:ShareCapital 2023-06-30 03893507 core:RetainedEarningsAccumulatedLosses 2024-06-30 03893507 core:RetainedEarningsAccumulatedLosses 2023-06-30 03893507 core:PlantMachinery 2023-06-30 03893507 core:FurnitureFittings 2023-06-30 03893507 bus:SmallEntities 2023-07-01 2024-06-30 03893507 bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 03893507 bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 03893507 bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 03893507 bus:FullAccounts 2023-07-01 2024-06-30
COMPANY REGISTRATION NUMBER: 03893507
Emrys Limited
Filleted Unaudited Financial Statements
30 June 2024
Emrys Limited
Statement of Financial Position
30 June 2024
2024
2023
Note
£
£
£
Fixed assets
Tangible assets
6
132,185
147,835
Current assets
Stocks
130,659
60,804
Debtors
7
293,394
212,012
Cash at bank and in hand
1,022,147
780,358
--------------
--------------
1,446,200
1,053,174
Creditors: amounts falling due within one year
8
1,080,918
847,608
--------------
--------------
Net current assets
365,282
205,566
-----------
-----------
Total assets less current liabilities
497,467
353,401
Provisions
Taxation including deferred tax
26,389
-----------
-----------
Net assets
471,078
353,401
-----------
-----------
Emrys Limited
Statement of Financial Position (continued)
30 June 2024
2024
2023
Note
£
£
£
Capital and reserves
Called up share capital
1,000
1,000
Profit and loss account
470,078
352,401
-----------
-----------
Shareholders funds
471,078
353,401
-----------
-----------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
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.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 25 February 2025 , and are signed on behalf of the board by:
Mr G L Emrys
Director
Company registration number: 03893507
Emrys Limited
Notes to the Financial Statements
Year ended 30 June 2024
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Bower House, Bower Mount Road, Maidstone, Kent, ME16 8AU.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 38 (2023: 27 ).
5. Intangible assets
Goodwill
£
Cost
At 1 July 2023 and 30 June 2024
9,000
--------
Amortisation
At 1 July 2023 and 30 June 2024
9,000
--------
Carrying amount
At 30 June 2024
--------
At 30 June 2023
--------
6. Tangible assets
Leasehold improvements
Fixtures and fittings
Equipment
Total
£
£
£
£
Cost
At 1 July 2023
83,748
143,393
266,562
493,703
Additions
14,152
15,596
29,748
Disposals
( 1,021)
( 1,021)
----------
-----------
-----------
-----------
At 30 June 2024
83,748
156,524
282,158
522,430
----------
-----------
-----------
-----------
Depreciation
At 1 July 2023
54,534
63,423
228,864
346,821
Charge for the year
5,586
17,347
21,512
44,445
Disposals
( 1,021)
( 1,021)
----------
-----------
-----------
-----------
At 30 June 2024
60,120
79,749
250,376
390,245
----------
-----------
-----------
-----------
Carrying amount
At 30 June 2024
23,628
76,775
31,782
132,185
----------
-----------
-----------
-----------
At 30 June 2023
29,214
79,970
37,698
146,882
----------
-----------
-----------
-----------
7. Debtors
2024
2023
£
£
Trade debtors
214,267
174,424
Other debtors
79,127
37,588
-----------
-----------
293,394
212,012
-----------
-----------
8. Creditors: amounts falling due within one year
2024
2023
£
£
Trade creditors
34,843
18,549
Corporation tax
170,955
131,157
Social security and other taxes
220,281
152,215
Wages control account
86,398
86,650
Pension costs
5,056
4,441
Other creditors
563,385
454,596
--------------
-----------
1,080,918
847,608
--------------
-----------
9. Directors' advances, credits and guarantees
No Directors' transactions were undertaken such as are required to be disclosed under Financial Reporting Standard 102.
10. Related party transactions
The ultimate holding company is Dazzle Developments Ltd, a company incorporated in England. The company was under the control of Glyn Emrys, managing director throughout the current and previous year. No transactions with related parties were undertaken such as are required to be disclosed under Financial Reporting Standard 8.