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Company Registration No. 11517002 (England and Wales)
EM BAY & CO SERVICES LTD Unaudited accounts for the year ended 31 August 2024
EM BAY & CO SERVICES LTD Unaudited accounts Contents
Page
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EM BAY & CO SERVICES LTD Company Information for the year ended 31 August 2024
Director
Emmanuel Bayode
Secretary
Emmanuel Bayode
Company Number
11517002 (England and Wales)
Registered Office
15 FERRIER CLOSE GILLINGHAM ME8 9JL United Kingdom
Accountants
Brown & Bam Associates 143 Pembury Avenue Worcester Park Surrey County (optional) KT4 8BX
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EM BAY & CO SERVICES LTD Accountants' report
Accountants' report to the director of EM BAY & CO SERVICES LTD on the preparation of the unaudited statutory accounts for the year ended 31 August 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of EM BAY & CO SERVICES LTD for the year ended 31 August 2024 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of EM BAY & CO SERVICES LTD, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of EM BAY & CO SERVICES LTD and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than EM BAY & CO SERVICES LTD and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that EM BAY & CO SERVICES LTD has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of EM BAY & CO SERVICES LTD. You consider that EM BAY & CO SERVICES LTD is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of EM BAY & CO SERVICES LTD. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Brown & Bam Associates 143 Pembury Avenue Worcester Park Surrey County (optional) KT4 8BX 30 May 2025
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EM BAY & CO SERVICES LTD Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,843 
2,159 
Current assets
Debtors
1,541 
1,141 
Cash at bank and in hand
10,625 
12,089 
12,166 
13,230 
Creditors: amounts falling due within one year
(12,384)
(15,926)
Net current liabilities
(218)
(2,696)
Net assets/(liabilities)
1,625 
(537)
Capital and reserves
Called up share capital
1,000 
1,000 
Profit and loss account
625 
(1,537)
Shareholders' funds
1,625 
(537)
For the year ending 31 August 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 30 May 2025 and were signed on its behalf by
Emmanuel Bayode Director Company Registration No. 11517002
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EM BAY & CO SERVICES LTD Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
EM BAY & CO SERVICES LTD is a private company, limited by shares, registered in England and Wales, registration number 11517002. The registered office is 15 FERRIER CLOSE, GILLINGHAM, ME8 9JL, United Kingdom.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Motor vehicles
25
Fixtures & fittings
10
Computer equipment
25
Other tangible fixed assets
20
Going concern
The board of director(s) has a reasonable expectation that the company has adequate resources to continue in operation for the foreseeable future. For these reasons, the board decides to continue to adopt the going concern basis in preparing the financial statements for the company.
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EM BAY & CO SERVICES LTD Notes to the Accounts for the year ended 31 August 2024
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 September 2023
8,000 
245 
3,695 
11,940 
Additions
2,060 
- 
443 
2,503 
At 31 August 2024
10,060 
245 
4,138 
14,443 
Depreciation
At 1 September 2023
6,000 
245 
3,536 
9,781 
Charge for the year
2,515 
- 
304 
2,819 
At 31 August 2024
8,515 
245 
3,840 
12,600 
Net book value
At 31 August 2024
1,545 
- 
298 
1,843 
At 31 August 2023
2,000 
- 
159 
2,159 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Amounts due from group undertakings etc.
1,000 
1,000 
Accrued income and prepayments
517 
117 
Other debtors
24 
24 
1,541 
1,141 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Amounts owed to group undertakings and other participating interests
10,000 
3,293 
Taxes and social security
1,186 
5,936 
Other creditors
628 
6,127 
Accruals
570 
570 
12,384 
15,926 
7
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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