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REGISTERED NUMBER: 10611479 (England and Wales)











Unaudited Financial Statements

for the Year Ended 28 February 2025

for

Empire Partnership Limited

Empire Partnership Limited (Registered number: 10611479)






Contents of the Financial Statements
for the Year Ended 28 February 2025




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Empire Partnership Limited

Company Information
for the Year Ended 28 February 2025







DIRECTOR: A G Demetriou



REGISTERED OFFICE: Crane Court
302 London Road
Ipswich
Suffolk
IP2 0AJ



REGISTERED NUMBER: 10611479 (England and Wales)



ACCOUNTANTS: Knights Lowe Ltd
Chartered Accountants
Crane Court
302 London Road
Ipswich
Suffolk
IP2 0AJ



BANKERS: Santander UK Plc
Santander UK Bridle Road
Bootle
Merseyside
L30 4GB

Empire Partnership Limited (Registered number: 10611479)

Statement of Financial Position
28 February 2025

2025 2024
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 2,088 4,434

CURRENT ASSETS
Debtors 5 46,425 75,000
Cash at bank 34,984 82,196
81,409 157,196
CREDITORS
Amounts falling due within one year 6 35,644 44,134
NET CURRENT ASSETS 45,765 113,062
TOTAL ASSETS LESS CURRENT LIABILITIES 47,853 117,496

CREDITORS
Amounts falling due after more than one
year

7

(29,782

)

(33,753

)

PROVISIONS FOR LIABILITIES (397 ) (1,086 )
NET ASSETS 17,674 82,657

CAPITAL AND RESERVES
Called up share capital 10 100 100
Retained earnings 17,574 82,557
SHAREHOLDERS' FUNDS 17,674 82,657

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Empire Partnership Limited (Registered number: 10611479)

Statement of Financial Position - continued
28 February 2025


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 23 April 2025 and were signed by:





A G Demetriou - Director


Empire Partnership Limited (Registered number: 10611479)

Notes to the Financial Statements
for the Year Ended 28 February 2025

1. STATUTORY INFORMATION

Empire Partnership Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on cost
Computer equipment - 33% on cost

Financial instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable and loans with related parties.

Debt instruments that are payable or receivable within one year, such as trade payables or receivables, are measured at the undiscounted amount of the cash or other consideration expected to be paid or received. Debt instruments that are repayable or receivable after one year are initially measured at the present value of the future cash flows and subsequently at amortised cost using the effective interest method.

Financial assets that are measured at cost and amortised cost are assessed at the end of each financial year for evidence of impairment. If objective evidence of impairment is found an impairment loss is recognised in the Income Statement.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.


Empire Partnership Limited (Registered number: 10611479)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2025

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 4 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 March 2024
and 28 February 2025 2,531 8,565 11,096
DEPRECIATION
At 1 March 2024 645 6,017 6,662
Charge for year 338 2,008 2,346
At 28 February 2025 983 8,025 9,008
NET BOOK VALUE
At 28 February 2025 1,548 540 2,088
At 29 February 2024 1,886 2,548 4,434

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Amounts owed by group undertakings 46,425 75,000

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Bank loans and overdrafts (see note 8) 6,800 6,329
Trade creditors 767 1,516
Taxation and social security 24,375 32,871
Other creditors 3,702 3,418
35,644 44,134

Empire Partnership Limited (Registered number: 10611479)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2025

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2025 2024
£    £   
Bank loans (see note 8) 29,782 33,753

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by
instalments - 8,438
- 8,438

8. LOANS

An analysis of the maturity of loans is given below:

2025 2024
£    £   
Amounts falling due within one year or on demand:
Bank loans 6,800 6,329

Amounts falling due between one and two years:
Bank loans - 1-2 years 6,800 6,329

Amounts falling due between two and five years:
Bank loans - 2-5 years 22,982 18,986

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by
instalments - 8,438
- 8,438

9. SECURED DEBTS

The following secured debts are included within creditors:

2025 2024
£    £   
Bank loans 36,582 40,082

The £40,082 relates to a Bounce Back loan guaranteed by the Government.

Empire Partnership Limited (Registered number: 10611479)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2025

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £    £   
100 Ordinary £1 100 100