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REGISTERED NUMBER: 14469527 (England and Wales)


Financial Statements for the Period 1 December 2023 to 31 October 2024

for

Emphasys IT Limited

Emphasys IT Limited (Registered number: 14469527)






Contents of the Financial Statements
for the Period 1 December 2023 to 31 October 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Emphasys IT Limited

Company Information
for the Period 1 December 2023 to 31 October 2024







DIRECTORS: Mr Sunny Pradeep Tailor
Mr Barry Michael Morgan





REGISTERED OFFICE: Bridge House
9-13 Holbrook Lane
Coventry
United Kingdom
CV6 4AD





REGISTERED NUMBER: 14469527 (England and Wales)





ACCOUNTANTS: Sterling Accounting Services Limited
Bridge House
9-13 Holbrook Lane
Coventry
CV6 4AD

Emphasys IT Limited (Registered number: 14469527)

Statement of Financial Position
31 October 2024

31.10.24 30.11.23
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 8,434 4,559

CURRENT ASSETS
Debtors 5 258,622 216,324
Cash at bank and in hand 967,985 155,889
1,226,607 372,213
CREDITORS
Amounts falling due within one year 6 984,980 300,340
NET CURRENT ASSETS 241,627 71,873
TOTAL ASSETS LESS CURRENT
LIABILITIES

250,061

76,432

CAPITAL AND RESERVES
Called up share capital 7 1,000 1,000
Retained earnings 249,061 75,432
SHAREHOLDERS' FUNDS 250,061 76,432

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 October 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Emphasys IT Limited (Registered number: 14469527)

Statement of Financial Position - 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 July 2025 and were signed on its behalf by:





Mr Sunny Pradeep Tailor - Director


Emphasys IT Limited (Registered number: 14469527)

Notes to the Financial Statements
for the Period 1 December 2023 to 31 October 2024

1. STATUTORY INFORMATION

Emphasys IT 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.

Turnover
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover represents net sales of invoiced goods and 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.
Plant and machinery etc - 25% on reducing balance

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 (2023 - NIL ) .

4. PROPERTY, PLANT AND EQUIPMENT
Plant and
machinery
etc
£   
COST
At 1 December 2023 5,914
Additions 6,382
At 31 October 2024 12,296
DEPRECIATION
At 1 December 2023 1,355
Charge for period 2,507
At 31 October 2024 3,862
NET BOOK VALUE
At 31 October 2024 8,434
At 30 November 2023 4,559

Emphasys IT Limited (Registered number: 14469527)

Notes to the Financial Statements - continued
for the Period 1 December 2023 to 31 October 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 30.11.23
£    £   
Trade debtors 258,622 216,324

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 30.11.23
£    £   
Trade creditors 625,778 130,434
Taxation and social security 355,002 167,626
Other creditors 4,200 2,280
984,980 300,340

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.10.24 30.11.23
value: £    £   
1,000 Ordinary £1 1,000 1,000