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REGISTERED NUMBER: 03530848 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 October 2024

for

Emmanuel Products Limited

Emmanuel Products Limited (Registered number: 03530848)






Contents of the Financial Statements
for the Year Ended 31 October 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Emmanuel Products Limited

Company Information
for the Year Ended 31 October 2024







DIRECTORS: P H Teoh
S C Wiles-Teoh





REGISTERED OFFICE: The Old Railway Yard
Hullavington
Chippenham
Wiltshire
SN14 6ET





REGISTERED NUMBER: 03530848 (England and Wales)





ACCOUNTANTS: Verinder Powell Associates Ltd
Suite 5 Corum 2
Corum Office Park
Crown Way
Warmley
Bristol
BS30 8FJ

Emmanuel Products Limited (Registered number: 03530848)

Balance Sheet
31 October 2024

31.10.24 31.10.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 216,866 226,510

CURRENT ASSETS
Stocks 5 253,313 319,976
Debtors 6 586,804 641,340
Cash in hand 655,962 666,938
1,496,079 1,628,254
CREDITORS
Amounts falling due within one year 7 1,109,212 1,233,441
NET CURRENT ASSETS 386,867 394,813
TOTAL ASSETS LESS CURRENT LIABILITIES 603,733 621,323

PROVISIONS FOR LIABILITIES 8,446 7,573
NET ASSETS 595,287 613,750

CAPITAL AND RESERVES
Called up share capital 80,002 80,002
Retained earnings 515,285 533,748
595,287 613,750

Emmanuel Products Limited (Registered number: 03530848)

Balance Sheet - continued
31 October 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 April 2025 and were signed on its behalf by:





P H Teoh - Director


Emmanuel Products Limited (Registered number: 03530848)

Notes to the Financial Statements
for the Year Ended 31 October 2024

1. STATUTORY INFORMATION

Emmanuel Products 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.

There have been no material departures from the Financial Reporting Standard 102 1A.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with members within the group.

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

The company recognises revenue when:
- the amount of revenue can be reliably measured;
- it is probable that future economic benefits will flow to the entity;
- and specific criteria have been met for each of the company's activities.

Rental income is included on a straight line basis over the life of the lease. If the leases include a rent free period, these are also recognised over the life of the lease.

Tangible fixed assets
Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses. The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property- 10% on cost and not provided
Plant and machinery- 25% on reducing balance

Emmanuel Products Limited (Registered number: 03530848)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

2. ACCOUNTING POLICIES - continued

Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Emmanuel Products Limited (Registered number: 03530848)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

4. TANGIBLE FIXED ASSETS
Freehold Plant and
property machinery Totals
£    £    £   
COST
At 1 November 2023 340,310 87,377 427,687
Additions - 14,750 14,750
Disposals - (8,350 ) (8,350 )
At 31 October 2024 340,310 93,777 434,087
DEPRECIATION
At 1 November 2023 147,902 53,275 201,177
Charge for year 14,532 9,719 24,251
Eliminated on disposal - (8,207 ) (8,207 )
At 31 October 2024 162,434 54,787 217,221
NET BOOK VALUE
At 31 October 2024 177,876 38,990 216,866
At 31 October 2023 192,408 34,102 226,510

5. STOCKS
31.10.24 31.10.23
£    £   
Finished goods 253,313 319,976

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Trade debtors - 5,002
Amounts owed by group undertakings 572,229 621,226
Other debtors 14,575 15,112
586,804 641,340

Emmanuel Products Limited (Registered number: 03530848)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Trade creditors 947,404 1,017,827
Taxation and social security 23,592 54,257
Other creditors 138,216 161,357
1,109,212 1,233,441

8. RELATED PARTY DISCLOSURES

Loans from key management



Key
management


Total
2024 £ £
At start of period 124,650 124,650
Advanced 8,321 8,321
Repaid - -
At end of period 132,971 132,971


Key
management


Total
2023 £ £
At start of period 124,849 124,849
Advanced 624 624
Repaid (823 ) (823 )
At end of period 124,650 124,650

The loans from key management are interest free and repayable on demand.