Indulgence With Emma Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 05861370 (England and Wales)

INDULGENCE WITH EMMA LIMITED

Unaudited Financial Statements for the Year Ended 30 June 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

8

DIRECTOR:

Mrs E Parkes

SECRETARY:

N Parkes

REGISTERED OFFICE:

82a High Street

Albrighton

Wolverhampton

West Midlands

WV1 3JA

REGISTERED NUMBER:

05861370 (England and Wales)

ACCOUNTANTS:

Lancaster Haskins Limited

Granville House

2 Tettenhall Road

Wolverhampton

West Midlands

WV1 4SB

FIXED ASSETS

Intangible assets

4

-

Tangible assets

5

4,470

5,371

4,470

5,371

CURRENT ASSETS

Stocks

5,977

6,095

Debtors

6

3,663

3,764

Cash at bank and in hand

61,666

68,917

71,306

78,776

CREDITORS

Amounts falling due within one year

7

55,403

61,734

NET CURRENT ASSETS

15,903

17,042

TOTAL ASSETS LESS CURRENT
LIABILITIES

20,373

22,413

PROVISIONS FOR LIABILITIES

8

1,118

1,343

NET ASSETS

19,255

21,070

CAPITAL AND RESERVES

Called up share capital

9

1

Retained earnings

10

19,254

21,069

SHAREHOLDERS' FUNDS

19,255

21,070

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 11 September 2025 and were signed by:

Mrs E Parkes - Director

1.	STATUTORY INFORMATION

Indulgence With Emma 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 represents sales made net of vat. Turnover is recognised when the service is provided or goods are physically received.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2006, is being amortised evenly over its estimated useful life of fifteen years.

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.

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

33.33% 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.

Financial instruments

Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference shares or non-puttable ordinary shares which are measured at fair value, with changes

recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.

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.

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 9 (2024 - 9 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 July 2024

and 30 June 2025

105,000

AMORTISATION

At 1 July 2024

and 30 June 2025

105,000

NET BOOK VALUE

At 30 June 2025

-

At 30 June 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

COST

At 1 July 2024

and 30 June 2025

29,897

3,105

33,002

DEPRECIATION

At 1 July 2024

24,997

2,634

27,631

Charge for year

735

166

901

At 30 June 2025

25,732

2,800

28,532

NET BOOK VALUE

At 30 June 2025

4,165

305

4,470

At 30 June 2024

4,900

471

5,371

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

30.6.24

£

Rent Deposit

3,000

Prepayments & accrued income

663

764

3,663

3,764

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

30.6.24

£

Social security and other taxes

17,343

15,219

Directors' current accounts

34,895

42,907

Accrued expenses

3,165

3,608

55,403

61,734

8.	PROVISIONS FOR LIABILITIES

30.6.25

30.6.24

£

Deferred tax

1,118

1,343

Deferred

tax

£

Balance at 1 July 2024

1,343

Credit to Income Statement during year

(225

)

Balance at 30 June 2025

1,118

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.25

30.6.24

value:

£

1

Ordinary

£1

1

10.

RESERVES

Retained

earnings

£

At 1 July 2024

21,069

Profit for the year

18,185

Dividends

(20,000

)

At 30 June 2025

19,254

11.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is E. Parkes.

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Indulgence With Emma Limited for the year ended 30 June 2025 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Indulgence With Emma Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Indulgence With Emma Limited and state those matters that we have agreed to state to the director of Indulgence With Emma Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Indulgence With Emma Limited and its director for our work or for this report.

It is your duty to ensure that Indulgence With Emma Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Indulgence With Emma Limited. You consider that Indulgence With Emma Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Indulgence With Emma Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Lancaster Haskins Limited

Granville House

2 Tettenhall Road

Wolverhampton

West Midlands

WV1 4SB

17 September 2025