REGISTERED NUMBER: 04706647 (England and Wales)

Emik Limited

Unaudited Financial Statements for the Year Ended 31st March 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

M D Harrison

REGISTERED OFFICE:

Unit 20 c/o All Occasions

Temple Street

Beverley Road

Hull

East Yorkshire

HU5 1AD

REGISTERED NUMBER:

04706647 (England and Wales)

ACCOUNTANTS:

Smailes Goldie

Chartered Accountants

Regent's Court

Princess Street

Hull

East Yorkshire

HU2 8BA

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

689,038

698,679

689,038

698,679

CURRENT ASSETS

Stocks

3,311

3,323

Debtors

6

27,729

22,635

Cash at bank and in hand

374,275

348,308

405,315

374,266

CREDITORS

Amounts falling due within one year

7

57,655

68,991

NET CURRENT ASSETS

347,660

305,275

TOTAL ASSETS LESS CURRENT LIABILITIES

1,036,698

1,003,954

PROVISIONS FOR LIABILITIES

158,394

121,528

NET ASSETS

878,304

882,426

CAPITAL AND RESERVES

Called up share capital

8

1

1

Retained earnings

878,303

882,425

SHAREHOLDERS' FUNDS

878,304

882,426

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 3rd September 2025 and were signed by:

M D Harrison - Director

1.	STATUTORY INFORMATION

Emik Limited 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 is written off evenly over 20 years and stated in the balance sheet at cost less amounts written off.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Improvements to property

-

4% on cost

Plant & machinery

-

15% on reducing balance

Marquees

-

5% on reducing balance

Motor vehicles

-

20% on cost

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 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.

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 10 (2024 - 10 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1st April 2024

and 31st March 2025

51,994

AMORTISATION

At 1st April 2024

and 31st March 2025

51,994

NET BOOK VALUE

At 31st March 2025

-

At 31st March 2024

-

5.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

Motor

property

machinery

fittings

vehicles

Totals

£

£

£

£

£

COST

At 1st April 2024

64,974

161,406

858,339

156,296

1,241,015

Additions

-

3,146

35,879

24,000

63,025

Disposals

-

-

(32,062

)

-

(32,062

)

At 31st March 2025

64,974

164,552

862,156

180,296

1,271,978

DEPRECIATION

At 1st April 2024

2,803

122,740

314,083

102,710

542,336

Charge for year

152

5,807

27,489

18,158

51,606

Eliminated on disposal

-

-

(11,002

)

-

(11,002

)

At 31st March 2025

2,955

128,547

330,570

120,868

582,940

NET BOOK VALUE

At 31st March 2025

62,019

36,005

531,586

59,428

689,038

At 31st March 2024

62,171

38,666

544,256

53,586

698,679

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

14,071

9,576

Other debtors

13,658

13,059

27,729

22,635

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

-

31,121

Trade creditors

24,891

17,798

Taxation and social security

21,279

7,367

Other creditors

11,485

12,705

57,655

68,991

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

1

Ordinary

£1

1

1