Company Registration No. 00676132 (England and Wales)
Export Management Services Limited
Filleted Accounts
for the year ended 31 March 2024
Export Management Services Limited
Filleted Accounts
Contents
Export Management Services Limited
Company Information
for the year ended 31 March 2024
Company Number
00676132 (England and Wales)
Registered Office
44a Highgate High Street
London
N6 5JE
Accountants
Lacome & Co
Chartered Accountants
Sapphire House
73 St.Margarets Avenue
London
N20 9LD
Export Management Services Limited
Statement of financial position
as at 31 March 2024
Tangible assets
15,509
16,101
Inventories
105,881
100,455
Cash at bank and in hand
33,599
51,426
Creditors: amounts falling due within one year
(53,280)
(40,331)
Net current assets
319,286
306,630
Net assets
334,795
322,731
Called up share capital
10,000
10,000
Profit and loss account
324,795
312,731
Shareholders' funds
334,795
322,731
For the year ending 31 March 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 director acknowledges his 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 and authorised for issue on 20 March 2025 and were signed on its behalf by
J. Solomons
Director
Company Registration No. 00676132
Export Management Services Limited
Notes to the Accounts
for the year ended 31 March 2024
Export Management Services Limited is a private company, limited by shares, registered in England and Wales, registration number 00676132. The registered office is 44a Highgate High Street, London, N6 5JE.
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.
Turnover represents net invoiced sales, excluding Value Added tax.
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
Reducing balance method at 15% per annum.
Fixtures & fittings
Reducing balance method at 15% per annum.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell.
4
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2023
12,150
15,923
27,122
55,195
At 31 March 2024
12,150
15,923
27,122
55,195
At 1 April 2023
-
14,180
24,914
39,094
Charge for the year
-
261
331
592
At 31 March 2024
-
14,441
25,245
39,686
At 31 March 2024
12,150
1,482
1,877
15,509
At 31 March 2023
12,150
1,743
2,208
16,101
Export Management Services Limited
Notes to the Accounts
for the year ended 31 March 2024
Amounts falling due within one year
Trade debtors
42,977
18,979
Accrued income and prepayments
2,818
1,614
Other debtors
187,291
174,487
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
39,257
31,201
Taxes and social security
4,078
2,279
Other creditors
2,551
2,552
Loans from directors
4,449
1,899
Allotted, called up and fully paid:
200,000 Ordinary shares of £0.05 each
10,000
10,000
The Company is a wholly owned subsidiary of EMS Group Holding Limited.
9
Average number of employees
During the year the average number of employees was 2 (2023: 2).