Company Registration No. 06350801 (England and Wales)
Empire Manufacturing Limited
Unaudited accounts
for the year ended 5 January 2025
Empire Manufacturing Limited
Unaudited accounts
Contents
Empire Manufacturing Limited
Company Information
for the year ended 5 January 2025
Company Number
06350801 (England and Wales)
Registered Office
C/O Azoth Solutions Ltd
Jonathan Scott Hall,Thorpe Road
Norfolk,NR
NR1 1UH
ENGLAND
Accountants
Azoth Digital Accountants
Jonathan Scott Hall
Thorpe Road
Norwich
Norfolk
NR1 1UH
Empire Manufacturing Limited
Statement of financial position
as at 5 January 2025
Tangible assets
482,553
548,691
Cash at bank and in hand
8,889
68,213
Creditors: amounts falling due within one year
(439,373)
(423,208)
Net current liabilities
(309,528)
(251,318)
Total assets less current liabilities
173,025
297,373
Creditors: amounts falling due after more than one year
(93,815)
(276,345)
Called up share capital
41
40
Profit and loss account
79,169
20,988
Shareholders' funds
79,210
21,028
For the year ending 5 January 2025 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 10 June 2025 and were signed on its behalf by
Stuart Wade
Director
Company Registration No. 06350801
Empire Manufacturing Limited
Notes to the Accounts
for the year ended 5 January 2025
Empire Manufacturing Limited is a private company, limited by shares, registered in England and Wales, registration number 06350801. The registered office is C/O Azoth Solutions Ltd, Jonathan Scott Hall,Thorpe Road, Norfolk,NR, NR1 1UH, ENGLAND.
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.
The accounts are presented in £ sterling.
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:
Fixtures & fittings
25% RBM
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
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.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Empire Manufacturing Limited
Notes to the Accounts
for the year ended 5 January 2025
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Tangible fixed assets
Plant & machinery
At 6 January 2024
1,527,272
At 5 January 2025
1,463,373
Charge for the year
53,501
Amounts falling due within one year
Trade debtors
86,641
67,711
Accrued income and prepayments
14,315
15,966
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Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
10,000
10,000
Obligations under finance leases and hire purchase contracts
139,244
118,359
Trade creditors
134,612
84,376
Taxes and social security
3,069
2,139
Other creditors
(79)
14,865
Loans from directors
148,099
177,269
7
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
78,835
253,033
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Average number of employees
During the year the average number of employees was 10 (2024: 10).