Emeraid Limited
Notes to the Accounts
for the year ended 31 March 2025
1. Statutory information
Emeraid Limited is a private company, limited by shares, registered in England & Wales, registration number 3199710. The registered office is 130 Northborough Road, Slough, Berkshire, SL2 1TA.
2. Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3. Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant and Machinery
25% reducing balance
4. Tangible fixed assets
Land &
Plant &
Total
Cost or valuation
At valuation
At cost
At 1 April 2024
485,000
15,961
500,961
Disposals
(485,000)
-
(485,000)
At 31 March 2025
-
15,961
15,961
At 1 April 2024
-
14,651
14,651
Charge for the year
-
328
328
At 31 March 2025
-
14,979
14,979
At 31 March 2024
485,000
1,310
486,310
The "Land and Buildings" asset was sold on 11/12/2024 for the sum of £470,000