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REGISTERED NUMBER: 03460274 (England and Wales)















EMOL LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2024






EMOL LTD (REGISTERED NUMBER: 03460274)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


EMOL LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2024







DIRECTOR: C H Cunningham





SECRETARY: J T Cunningham





REGISTERED OFFICE: Tattersall House
East Parade
Harrogate
North Yorkshire
HG1 5LT





REGISTERED NUMBER: 03460274 (England and Wales)





ACCOUNTANTS: DSC
Chartered Accountants
Tattersall House
East Parade
Harrogate
North Yorkshire
HG1 5LT

EMOL LTD (REGISTERED NUMBER: 03460274)

BALANCE SHEET
31 OCTOBER 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Investments 4 1,014,474 970,642

CURRENT ASSETS
Debtors 5 2,738 -
Cash at bank 35,250 52,777
37,988 52,777
CREDITORS
Amounts falling due within one year 6 5,771 2,120
NET CURRENT ASSETS 32,217 50,657
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,046,691

1,021,299

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 7 1,045,691 1,020,299
SHAREHOLDERS' FUNDS 1,046,691 1,021,299

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.

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 17 July 2025 and were signed by:





C H Cunningham - Director


EMOL LTD (REGISTERED NUMBER: 03460274)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

1. STATUTORY INFORMATION

Emol 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.

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.

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.

Investments
Investments in shares are included at historic cost, which is not considered to be materially different to fair value.

3. EMPLOYEES AND DIRECTORS

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

EMOL LTD (REGISTERED NUMBER: 03460274)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2024

4. FIXED ASSET INVESTMENTS
Interest
in other
participating Other
interests investments Totals
£    £    £   
COST OR VALUATION
At 1 November 2023 970,642 - 970,642
Additions 1 249,037 249,038
Disposals (200,000 ) - (200,000 )
Share of profit/(loss) 84 - 84
Revaluations - (5,290 ) (5,290 )
At 31 October 2024 770,727 243,747 1,014,474
NET BOOK VALUE
At 31 October 2024 770,727 243,747 1,014,474
At 31 October 2023 970,642 - 970,642

Cost or valuation at 31 October 2024 is represented by:

Interest
in other
participating Other
interests investments Totals
£    £    £   
Valuation in 2024 - (5,290 ) (5,290 )
Cost 770,727 249,037 1,019,764
770,727 243,747 1,014,474

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 2,738 -

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Tax 3,610 -
Directors' current accounts 450 450
Accrued expenses 1,711 1,670
5,771 2,120

EMOL LTD (REGISTERED NUMBER: 03460274)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2024

7. RESERVES
Retained
earnings
£   

At 1 November 2023 1,020,299
Profit for the year 25,392
At 31 October 2024 1,045,691

8. ULTIMATE CONTROLLING PARTY

The controlling party is Mr C H Cunningham by virtue of his majority share holding in the share capital of the company.