REGISTERED NUMBER: 10525799 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Empire PH Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs C A Smith

Mr S J Smith

REGISTERED OFFICE:

Unit D10 Upper Lounge,

Pinetrees road

Norwich

Norfolk

NR7 9BB

REGISTERED NUMBER:

10525799 (England and Wales)

ACCOUNTANTS:

MLA Advisory

Unit D10 Upper Lounge,

Pinetrees road

Norwich

Norfolk

NR7 9BB

FIXED ASSETS

Intangible assets

4

109,352

120,574

Tangible assets

5

162,844

131,353

272,196

251,927

CURRENT ASSETS

Stocks

20,282

21,693

Debtors

6

84,004

125,761

Cash at bank and in hand

21,435

21,414

125,721

168,868

CREDITORS

Amounts falling due within one year

7

63,391

102,262

NET CURRENT ASSETS

62,330

66,606

TOTAL ASSETS LESS CURRENT LIABILITIES

334,526

318,533

CREDITORS

Amounts falling due after more than one year

8

272,909

291,782

NET ASSETS

61,617

26,751

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

61,615

26,749

61,617

26,751

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 15 September 2025 and were signed on its behalf by:

Mr S J Smith - Director

1.	STATUTORY INFORMATION

Empire PH 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.

Turnover

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

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2017, is being amortised evenly over its estimated useful life of ten years.

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

-

33% on cost and 5% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2023 - 12 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

Goodwill

assets

Totals

£

£

£

COST

At 1 January 2024

and 31 December 2024

10,000

180,600

190,600

AMORTISATION

At 1 January 2024

3,579

66,447

70,026

Charge for year

1,000

10,222

11,222

At 31 December 2024

4,579

76,669

81,248

NET BOOK VALUE

At 31 December 2024

5,421

103,931

109,352

At 31 December 2023

6,421

114,153

120,574

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2024

198,306

Additions

38,688

At 31 December 2024

236,994

DEPRECIATION

At 1 January 2024

66,953

Charge for year

7,197

At 31 December 2024

74,150

NET BOOK VALUE

At 31 December 2024

162,844

At 31 December 2023

131,353

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

1,032

1,032

Other debtors

82,972

124,729

84,004

125,761

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans and overdrafts

19,877

20,741

Trade creditors

29,630

33,932

Taxation and social security

1,414

329

Other creditors

12,470

47,260

63,391

102,262

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans

22,909

41,782

Other creditors

250,000

250,000

272,909

291,782

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

17,901

-

Bank loan 2

5,008

14,930

Bank loan 3

-

26,852

22,909

41,782