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REGISTERED NUMBER: 02179851 (England and Wales)










Unaudited Financial Statements for the Year Ended 31 December 2024

for

Emingo Limited

Emingo Limited (Registered number: 02179851)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Emingo Limited

Company Information
for the Year Ended 31 December 2024







DIRECTOR: M C Onah





REGISTERED OFFICE: 21b Accommodation Road
London
NW11 8EP





REGISTERED NUMBER: 02179851 (England and Wales)





ACCOUNTANTS: Granite Morgan Smith Limited
122 Feering Hill
Feering
Colchester
Essex
CO5 9PY

Emingo Limited (Registered number: 02179851)

Balance Sheet
31 December 2024

31.12.24 31.12.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 86,718 88,968

CURRENT ASSETS
Debtors 5 56,869 48,817
Cash at bank and in hand 13,728 12,504
70,597 61,321
CREDITORS
Amounts falling due within one year 6 31,905 35,679
NET CURRENT ASSETS 38,692 25,642
TOTAL ASSETS LESS CURRENT
LIABILITIES

125,410

114,610

CAPITAL AND RESERVES
Called up share capital 251,000 251,000
Retained earnings (125,590 ) (136,390 )
SHAREHOLDERS' FUNDS 125,410 114,610

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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.

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 director and authorised for issue on 28 April 2025 and were signed by:





M C Onah - Director


Emingo Limited (Registered number: 02179851)

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

1. STATUTORY INFORMATION

Emingo 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.

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 as modified by the revaluation of certain assets.

Turnover
Turnover represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 2% on cost
Plant and machinery - 25% on cost
Fixtures and fittings - 20% on cost

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

Emingo Limited (Registered number: 02179851)

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

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and
property machinery fittings Totals
£    £    £    £   
COST OR VALUATION
At 1 January 2024
and 31 December 2024 150,000 897 2,917 153,814
DEPRECIATION
At 1 January 2024 61,032 897 2,917 64,846
Charge for year 2,250 - - 2,250
At 31 December 2024 63,282 897 2,917 67,096
NET BOOK VALUE
At 31 December 2024 86,718 - - 86,718
At 31 December 2023 88,968 - - 88,968

Cost or valuation at 31 December 2024 is represented by:

Fixtures
Freehold Plant and and
property machinery fittings Totals
£    £    £    £   
Valuation in 1997 (69,179 ) - - (69,179 )
Valuation in 2003 28,086 - - 28,086
Cost 191,093 897 2,917 194,907
150,000 897 2,917 153,814

If freehold land and buildings had not been revalued they would have been included at the following historical cost:

31.12.24 31.12.23
£    £   
Cost 191,093 191,093
Aggregate depreciation 85,753 85,753

Value of land in freehold land and buildings 31,913 31,913

Freehold land and buildings were valued on an open market basis on 31 December 2009 by the director .

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Amounts owed by group undertakings 11,853 11,853
Other debtors 45,016 36,964
56,869 48,817

Emingo Limited (Registered number: 02179851)

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

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Taxation and social security 450 168
Other creditors 31,455 35,511
31,905 35,679

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At the balance sheet date the company owed the director £ nil (2023- £ nil) in respect of his directors loan account. This loan is interest free and repayable on demand.

8. ULTIMATE CONTROLLING PARTY

The company is a wholly owned subsidiary of Homelink Estates Limited, a company registered in England and Wales.