REGISTERED NUMBER: 12356464 (England and Wales)

Financial Statements for the Year Ended 31 December 2024

for

Emerald Space Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D Mullins

L Mullins

REGISTERED OFFICE:

Unit B, Braintree Estate

Braintree Road

Ruislip

Middlesex

HA4 0EJ

REGISTERED NUMBER:

12356464 (England and Wales)

FIXED ASSETS

Tangible assets

4

738,750

742,500

CURRENT ASSETS

Debtors

5

-

56,257

Cash at bank

11,072

1,923

11,072

58,180

CREDITORS

Amounts falling due within one year

6

69,158

42,290

NET CURRENT (LIABILITIES)/ASSETS

(58,086

)

15,890

TOTAL ASSETS LESS CURRENT LIABILITIES

680,664

758,390

CREDITORS

Amounts falling due after more than one year

7

363,468

402,641

NET ASSETS

317,196

355,749

CAPITAL AND RESERVES

Called up share capital

630,000

630,000

Share premium

(10,000

)

(10,000

)

Revaluation reserve

8

(325,000

)

(325,000

)

Retained earnings

22,196

60,749

317,196

355,749

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 29 September 2025 and were signed on its behalf by:

D Mullins - Director

1.	STATUTORY INFORMATION

Emerald Space 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.

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.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 January 2024

and 31 December 2024

675,000

75,000

750,000

DEPRECIATION

At 1 January 2024

-

7,500

7,500

Charge for year

-

3,750

3,750

At 31 December 2024

-

11,250

11,250

NET BOOK VALUE

At 31 December 2024

675,000

63,750

738,750

At 31 December 2023

675,000

67,500

742,500

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Other debtors

-

56,257

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans and overdrafts

49,226

26,592

Trade creditors

-

14,698

Other creditors

19,932

1,000

69,158

42,290

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans

363,468

402,641

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

363,468

402,641

8.

RESERVES

Revaluation

reserve

£

At 1 January 2024

and 31 December 2024

(325,000

)