Registered number: 12976658
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EMLB Properties Limited
Financial statements
Information for filing with the registrar
31 October 2024
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Balance sheet
At 31 October 2024
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Creditors: amounts falling due within one year
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Total assets less current liabilities
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Creditors: amounts falling due after more than one year
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Shareholders' funds/(deficit)
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1
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Balance sheet (continued)
At 31 October 2024
The directors consider that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has opted not to file the income statement in accordance with provisions applicable to companies subject to the small companies' regime.
The financial statements were approved and authorised for issue by the board and were signed on its behalf on 27 March 2025.
Company registered number: 12976658
The notes on pages 3 to 4 form part of these financial statements.
2
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Notes to the financial statements
Year ended 31 October 2024
EMLB Properties Limited ('the company') is a private company limited by shares, incorporated and domiciled in the United Kingdom and registered in England. The address of the registered office is 23 Hillingdon Road, Whitefield, Manchester, M45 7QQ.
2.Accounting policies
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Basis of preparation of financial statements
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The financial statements have been prepared in accordance with Section 1A of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the United Kingdom and the Republic of Ireland' (FRS 102) and the Companies Act 2006.
The turnover shown in the profit and loss account represents rental investment income receivable during the period.
Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.
All borrowing costs are recognised in profit or loss in the year in which they are incurred.
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The average monthly number of employees, including directors, during the year was 2 (2023: 2).
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Freehold investment property
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In the opinion of the Directors, valuation of the investment property is fair and is unlikely to represent a material difference to true valuation.
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3
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Notes to the financial statements
Year ended 31 October 2024
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Creditors: amounts falling due within one year
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Creditors: amounts falling due after more than one year
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4
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