REGISTERED NUMBER: 14099168 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

EMSLEY PROPERTY LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

to

5

DIRECTORS:

G Emsley

Mrs K Emsley

REGISTERED OFFICE:

1 Chiserley Hall

Old Mill Ridge

Hebden Bridge

HX7 8SD

REGISTERED NUMBER:

14099168 (England and Wales)

ACCOUNTANTS:

DPC Accountants Ltd

Stone House

Stone Road Business Park

Stoke-On-Trent

ST4 6SR

FIXED ASSETS

Tangible assets

4

1,509

1,202

CURRENT ASSETS

Debtors

5

1,697

10,830

Investments

6

1,866

-

Cash at bank

8,655

3,432

12,218

14,262

CREDITORS

Amounts falling due within one year

7

(12,827

)

(5,817

)

NET CURRENT (LIABILITIES)/ASSETS

(609

)

8,445

TOTAL ASSETS LESS CURRENT LIABILITIES

900

9,647

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

898

9,645

900

9,647

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

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 9 July 2025 and were signed on its behalf by:

G Emsley - Director

1.	STATUTORY INFORMATION

Emsley Property 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.

The financial statements are prepared in sterling, which is the functional currency of the entity.

TURNOVER

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

TANGIBLE FIXED ASSETS

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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.

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.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2024

1,759

Additions

1,262

At 31 December 2024

3,021

DEPRECIATION

At 1 January 2024

557

Charge for year

955

At 31 December 2024

1,512

NET BOOK VALUE

At 31 December 2024

1,509

At 31 December 2023

1,202

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

-

2,724

Other debtors

1,697

8,106

1,697

10,830

6.	CURRENT ASSET INVESTMENTS

31.12.24

31.12.23

£

£

Listed investments

1,866

-

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade creditors

65

-

Amounts owed to group undertakings

3,918

-

Taxation and social security

7,544

4,379

Other creditors

1,300

1,438

12,827

5,817

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the year ended 31 December 2024 and the period ended 31 December 2023:

31.12.24

31.12.23

£

£

G Emsley

Balance outstanding at start of year

7,985

-

Amounts advanced

45,922

18,610

Amounts repaid

(52,275

)

(10,625

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

1,632

7,985