REGISTERED NUMBER: 08893536 (England and Wales)

Report of the Director and

Abridged Financial Statements for the Year Ended 31 January 2025

for

EM2 Developments Ltd

Page

Company Information

1

Report of the Director

2

Abridged Balance Sheet

3

Notes to the Financial Statements

5

DIRECTOR:

L D Clarke

REGISTERED OFFICE:

40 Market Place

Belper

Derbyshire

DE56 1FZ

REGISTERED NUMBER:

08893536 (England and Wales)

ACCOUNTANTS:

NRB Accountancy Limited

40 Market Place

Belper

Derbyshire

DE56 1FZ

The director presents his report with the financial statements of the company for the year ended 31 January 2025.

DIRECTOR

L D Clarke held office during the whole of the period from 1 February 2024 to the date of this report.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:

L D Clarke - Director

31 October 2025

FIXED ASSETS

Tangible assets

4

7,187

9,582

Investment property

5

2,404,122

2,294,705

2,411,309

2,304,287

CURRENT ASSETS

Debtors

46,406

43,632

Cash at bank

908

1,586

47,314

45,218

CREDITORS

Amounts falling due within one year

526,687

524,283

NET CURRENT LIABILITIES

(479,373

)

(479,065

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,931,936

1,825,222

CREDITORS

Amounts falling due after more than one year

6

(586,152

)

(494,686

)

PROVISIONS FOR LIABILITIES

(142,459

)

(135,849

)

NET ASSETS

1,203,325

1,194,687

CAPITAL AND RESERVES

Called up share capital

1

1

Fair value reserve

7

620,017

620,017

Retained earnings

583,307

574,669

SHAREHOLDERS' FUNDS

1,203,325

1,194,687

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

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

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 January 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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 31 October 2025 and were signed by:

L D Clarke - Director

1.	STATUTORY INFORMATION

EM2 Developments 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.

Tangible fixed assets

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

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 February 2024

and 31 January 2025

12,914

DEPRECIATION

At 1 February 2024

3,332

Charge for year

2,395

At 31 January 2025

5,727

NET BOOK VALUE

At 31 January 2025

7,187

At 31 January 2024

9,582

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 February 2024

2,294,705

Additions

109,417

At 31 January 2025

2,404,122

NET BOOK VALUE

At 31 January 2025

2,404,122

At 31 January 2024

2,294,705

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE YEARS

31.1.25

31.1.24

£

£

Repayable by instalments

Bank loans more 5 yr by instal

586,152

493,798

7.

RESERVES

Fair

value

reserve

£

At 1 February 2024

and 31 January 2025

620,017

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

During the year the director, Mr L D Clarke, introduced funds to and withdrew funds from the company by way of a director's loan account. Interest of £15,262 (2024: £10,018) has been charged on the loan at the rate of 3% interest per annum, and the loan is repayable upon demand. At the year end the company owed the director £517,329 (2024: £509,338) and this amount is included in creditors.

9.	RELATED PARTY DISCLOSURES

During the year the company borrowed funds from Thomas Bradley Investments Limited, a company registered in England and Wales in which the director, Mr L D Clarke, has a material interest. The loan was interest free and the amount of £58,752 was written off during the year.

10.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is David Michael Group Limited.