2023-11-01 03803052 2024-10-31 03803052 2023-11-01 2024-10-31 03803052 2023-10-31 03803052 2022-11-01 2023-10-31 03803052 uk-core:WithinOneYear 2023-10-31 03803052 uk-core:WithinOneYear 2024-10-31 03803052 uk-core:AfterOneYear 2023-10-31 03803052 uk-core:AfterOneYear 2024-10-31 03803052 uk-core:ShareCapital 2024-10-31 03803052 uk-core:ShareCapital 2023-10-31 03803052 uk-core:RevaluationReserve 2024-10-31 03803052 uk-core:RevaluationReserve 2023-10-31 03803052 uk-core:RetainedEarningsAccumulatedLosses 2024-10-31 03803052 uk-core:RetainedEarningsAccumulatedLosses 2023-10-31 03803052 uk-bus:Director1 2023-11-01 2024-10-31 03803052 uk-core:PlantMachinery 2023-11-01 2024-10-31 03803052 uk-core:CommercialMotorVehicles 2023-11-01 2024-10-31 03803052 uk-core:CommercialMotorVehicles 2023-10-31 03803052 uk-core:PlantMachinery 2023-10-31 03803052 uk-core:LandBuildings 2023-10-31 03803052 uk-core:LandBuildings 2024-10-31 03803052 uk-core:PlantMachinery 2024-10-31 03803052 uk-core:CommercialMotorVehicles 2024-10-31 03803052 uk-core:LandBuildings 2023-11-01 2024-10-31 03803052 uk-core:WithinOneYear uk-core:Secured 2024-10-31 03803052 uk-core:WithinOneYear uk-core:Secured 2023-10-31 03803052 uk-core:BetweenTwoFiveYears 2023-10-31 03803052 uk-core:BetweenTwoFiveYears 2024-10-31 iso4217:GBP xbrli:pure 03803052 uk-bus:AuditExemptWithAccountantsReport 2023-11-01 2024-10-31 03803052 uk-bus:FRS102 2023-11-01 2024-10-31 03803052 uk-bus:FilletedAccounts 2023-11-01 2024-10-31 03803052 uk-bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31
Emprose Limited
Registered Number:03803052
For the year ended 31 October 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 31 October 2024
Emprose Limited
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
3
Registered Number :
03803052
As at 31 October 2024
Emprose Limited
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
152,618
153,341
2
152,618
153,341
Current assets
Inventories
163,742
145,118
3
Trade and other receivables
502,410
422,229
4
5,594
Cash and cash equivalents
1,076
568,423
671,746
Trade and other payables: amounts falling due within one year
(653,610)
(582,608)
5
18,136
(14,185)
Net current liabilities
Total assets less current liabilities
138,433
171,477
Trade and other payables: amounts falling due after more than one
year
(93,910)
(22,800)
6
(15,058)
(9,621)
Provisions for liabilities
100,575
Net assets
67,946
Capital and reserves
Called up share capital
1,000
1,000
Revaluation reserve
48,312
50,841
7
Retained earnings
51,263
16,105
100,575
67,946
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.
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4
Registered Number :
03803052
For the year ended 31 October 2024
Emprose Limited
Statement of Financial Position Continued
Mr Ian Curtis Director
These financial statements were approved and authorised for issue by the Board on 27 January 2025 and were signed by:
The notes form part of these financial statements
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5
For the year ended 31 October 2024
Emprose Limited
Notes to the Financial Statements
Statutory Information
Emprose Limited is a private limited company, limited by shares, domiciled in England and Wales, registration number
03803052.
Registered address:
Unit K4 Raceview Business Centre
Hambridge Road
Newbury
Berkshire
RG14 5SA
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting
Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the Companies Act
2006. The financial statements have been prepared under the historical costs convention as modified by the revaluation
of certain assets.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.
Property, plant and equipment
Property, plant and equipment, 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:
Plant and Machinery
20% Reducing balance
25% Reducing balance
Motor Vehicles
Government grants
Government grants received are credited to deferred income. Grants towards capital expenditure are released to the profit and loss account over the expected useful life of the assets. Grants received towards revenue expenditure are released to the profit and loss account as the related expenditure is incurred.
Inventories
Inventories are value at the lower of cost and estimated selling price less costs to sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of completion.
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.
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.
Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme for the benefit of its directors/and employees. Contributions payable are charged to the profit and loss account in the period in which they are payable.
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6
For the year ended 31 October 2024
Emprose Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Motor Vehicles
Plant and
Machinery
Land and
Buildings
£
£
£
£
Cost or valuation
At 01 November 2023
201,308
25,940
25,368
150,000
At 31 October 2024
150,000
25,368
25,940
201,308
Provision for depreciation and impairment
At 01 November 2023
47,967
24,852
23,115
-
Charge for year
723
272
451
-
At 31 October 2024
48,690
25,124
23,566
-
At 31 October 2024
Net book value
150,000
1,802
816
152,618
At 31 October 2023
150,000
2,253
1,088
153,341
3. Inventories
2023
2024
£
£
Stocks
145,118
163,742
4. Trade and other receivables
2023
2024
£
£
Trade debtors
411,612
430,632
Other debtors
10,617
71,778
502,410
422,229
5. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Bank loans and overdraft (secured)
155,777
177,377
Trade creditors
278,355
435,466
Taxation and social security
73,335
21,036
Other creditors
75,141
19,731
582,608
653,610
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7
For the year ended 31 October 2024
Emprose Limited
Notes to the Financial Statements Continued
6. Trade and other payables: amounts falling due after more than one year
2023
2024
£
£
Bank loans and overdraft (secured)
22,800
93,910
7. Reserves
Total
£
Revaluation reserve at 01 November 2023
50,841
Deferred tax provided on revaluation
(2,529)
48,312
Revaluation reserve at 31 October 2024
8. Guarantees and other financial commitments
Lease commitments
At 31 October 2024 the company had annual commitments under non-cancellable operating leases as set out below:
2023
£
2024
£
Operating leases which expire:
15,868
15,868
Within 2 to 5 years
15,868
15,868
9. Average number of persons employed
During the year the average number of employees was 13 (2023 : 11)
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