2023-11-01 02861832 2024-10-31 02861832 2023-11-01 2024-10-31 02861832 2023-10-31 02861832 2022-11-01 2023-10-31 02861832 uk-core:WithinOneYear 2023-10-31 02861832 uk-core:WithinOneYear 2024-10-31 02861832 uk-core:ShareCapital 2024-10-31 02861832 uk-core:ShareCapital 2023-10-31 02861832 uk-core:InvestmentPropertiesRevaluationReserve 2024-10-31 02861832 uk-core:InvestmentPropertiesRevaluationReserve 2023-10-31 02861832 uk-core:RetainedEarningsAccumulatedLosses 2024-10-31 02861832 uk-core:RetainedEarningsAccumulatedLosses 2023-10-31 02861832 uk-bus:Director1 2023-11-01 2024-10-31 02861832 uk-core:ComputerEquipment 2023-11-01 2024-10-31 02861832 uk-core:ComputerEquipment 2023-10-31 02861832 uk-core:InvestmentPropertyIncludedWithinPPE 2023-10-31 02861832 uk-core:InvestmentPropertyIncludedWithinPPE 2024-10-31 02861832 uk-core:ComputerEquipment 2024-10-31 iso4217:GBP xbrli:pure 02861832 uk-bus:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 02861832 uk-bus:FRS102 2023-11-01 2024-10-31 02861832 uk-bus:FilletedAccounts 2023-11-01 2024-10-31 02861832 uk-bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31
Empire House Limited
Registered Number:02861832
For the year ended 31 October 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 31 October 2024
Empire House Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
02861832
As at 31 October 2024
Empire House Limited
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
325,000
325,000
2
325,000
325,000
Current assets
Trade and other receivables
2,699
2,687
3
35,446
Cash and cash equivalents
52,554
55,241
38,145
Trade and other payables: amounts falling due within one
year
(10,755)
(13,401)
4
27,390
41,840
Net current assets
Total assets less current liabilities
366,840
352,390
(22,031)
(22,031)
Provisions for liabilities
344,809
Net assets
330,359
Capital and reserves
Called up share capital
200
200
Fair value reserve
93,920
93,920
Retained earnings
250,689
236,239
344,809
330,359
Shareholders' funds
For the year ended 31 October 2024 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 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 proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
I W Roberts Director
These financial statements were approved and authorised for issue by the Board on 10 July 2025 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 October 2024
Empire House Limited
Notes to the Financial Statements
Statutory Information
Empire House Limited is a private limited company, limited by shares, domiciled in England and Wales, registration
number 02861832.
Principal place of business:
Empire House
Bermer Road
Off Imperial Way
Watford
WD24
Registered address:
8 Peterborough Road
Harrow
Middlesex
HA1 2BQ
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with FRS 102. "The financial reporting standard
applicable in the UK and ROI" including the provisions of Section 1A "small entities" and the Companies Act 2006.
The financial statements have been prepared under the historical cost convention.
Revenue recognition
Turnover represents rents receivable.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
33.33 Straight line
Computer equipment
Investment property
Investment properties are included in the balance sheet at their open market value at the balance sheet date. The resulting aggregate surplus or deficit is transferred to a revaluation reserve. Depreciation is provided only on those investment properties which are leasehold and where the unexpired lease term is less than 20 years. Although this accounting policy is in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015), it is a departure from the general requirement of the Companies Act 2006 for all tangible assets to be depreciated. In the opinion of the directors compliance with the standard is necessary for the financial statements to give a true and fair view. Depreciation or amortisation is only one of many factors reflected in the annual valuation and the amount of this which might otherwise have been charged cannot be separately identified or quantified.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
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5
For the year ended 31 October 2024
Empire House Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Computer
equipment
Land and
buildings
£
£
£
Cost or
valuation
At 01 November 2023
325,738
738
325,000
At 31 October 2024
325,000
738
325,738
Provision for depreciation and impairment
At 01 November 2023
738
738
-
At 31 October 2024
738
738
-
At 31 October 2024
Net book value
325,000
-
325,000
At 31 October 2023
325,000
-
325,000
In respect of certain fixed assets stated at valuations, the comparable historical cost and depreciation values are as
follows:
Historical cost
£
209,049
At 01 November 2023
209,049
Net historical cost value:
At 31 October 2023
At 31 October 2024
209,049
3. Trade and other receivables
2023
2024
£
£
Other debtors
2,687
2,699
4. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Taxation and social security
4,154
3,262
Other creditors
9,247
7,493
13,401
10,755
5. Average number of persons employed
During the year the average number of employees was 2 (2023 : 2)
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