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REGISTERED NUMBER: 08715224 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 October 2024

for

Emregas Wholesalers Ltd

Emregas Wholesalers Ltd (Registered number: 08715224)






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


Emregas Wholesalers Ltd

Company Information
for the Year Ended 31 October 2024







DIRECTOR: E S Mahendirarajah





SECRETARY:





REGISTERED OFFICE: Bond House
Bond Road
Mitcham
Surrey
CR4 3HG





REGISTERED NUMBER: 08715224 (England and Wales)





ACCOUNTANTS: Sanm Ratnam & Partners
84 Burlington Road
New Malden
Surrey
KT3 4NT

Emregas Wholesalers Ltd (Registered number: 08715224)

Balance Sheet
31 October 2024

31.10.24 31.10.23
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 10,000 10,000
Tangible assets 5 64,571 74,138
74,571 84,138

CURRENT ASSETS
Stocks 734,902 891,072
Debtors 6 704,286 575,470
Investments 7 100 100
Cash at bank and in hand 3,839 10,973
1,443,127 1,477,615
CREDITORS
Amounts falling due within one year 8 1,090,320 1,146,644
NET CURRENT ASSETS 352,807 330,971
TOTAL ASSETS LESS CURRENT
LIABILITIES

427,378

415,109

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 427,278 415,009
SHAREHOLDERS' FUNDS 427,378 415,109

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 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.

Emregas Wholesalers Ltd (Registered number: 08715224)

Balance Sheet - continued
31 October 2024


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 20 July 2025 and were signed by:





E S Mahendirarajah - Director


Emregas Wholesalers Ltd (Registered number: 08715224)

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

1. STATUTORY INFORMATION

Emregas Wholesalers Ltd 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.

Preparation of consolidated financial statements
The financial statements contain information about Emregas Wholesalers Ltd as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 400 of the Companies Act 2006 from the requirements to prepare consolidated financial statements as it and its subsidiary undertaking are included by full consolidation in the consolidated financial statements of its parent, , .

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 wholly owned subsidiaries 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2014, is being amortised evenly over its estimated useful life of nil years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 balance sheet date.


Emregas Wholesalers Ltd (Registered number: 08715224)

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

2. ACCOUNTING POLICIES - continued
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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 27 (2023 - 26 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 November 2023
and 31 October 2024 10,000
NET BOOK VALUE
At 31 October 2024 10,000
At 31 October 2023 10,000

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 November 2023 - 141,540 141,540
Additions 6,907 2,746 9,653
At 31 October 2024 6,907 144,286 151,193
DEPRECIATION
At 1 November 2023 - 67,402 67,402
Charge for year - 19,220 19,220
At 31 October 2024 - 86,622 86,622
NET BOOK VALUE
At 31 October 2024 6,907 57,664 64,571
At 31 October 2023 - 74,138 74,138

Emregas Wholesalers Ltd (Registered number: 08715224)

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

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Trade debtors 156,167 161,278
Amounts owed by group undertakings 220,378 184,355
Amounts owed by associates 155,125 158,125
Other debtors 172,616 71,712
704,286 575,470

7. CURRENT ASSET INVESTMENTS
31.10.24 31.10.23
£    £   
Shares in group undertakings 100 100

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Bank loans and overdrafts 199,208 229,374
Hire purchase contracts - 5,247
Trade creditors 688,113 872,505
Taxation and social security 68,608 34,732
Other creditors 134,391 4,786
1,090,320 1,146,644

9. RELATED PARTY DISCLOSURES

Emregas Wholesalers Ltd is exempt from the requirement to prepare consolidated financial statements under S399(2A).

At the year end the company owed by Embon Cash & Carry Croydon UK Ltd, the wholly owned subsidiary, £220,378 (2023: £184,355)

In accordance with FRS 102 paragraph 133.1A, the parent company has taken the exemption from disclosing related party transactions with entities which are wholly owned subsidiaries.

10. POST BALANCE SHEET EVENTS

Embon Croydon UK Limited, the wholly owned susidiary, has ceased trading on 31 March 2025.

11. ULTIMATE CONTROLLING PARTY

The controlling party is E S Mahendirarajah.

The ultimate controlling party is E S Mahendirarajah.