REGISTERED NUMBER: SC256769 (Scotland)

Unaudited Financial Statements for the Year Ended 31 January 2025

for

EMA Architecture + Design Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

E McIntyre

K G Ross

J B Fraser

P A Cross

REGISTERED OFFICE:

42 Charlotte Square

Edinburgh

EH2 4HQ

REGISTERED NUMBER:

SC256769 (Scotland)

ACCOUNTANTS:

EQ Accountants Ltd

47-49 The Square

Kelso

Roxburghshire

TD5 7HW

FIXED ASSETS

Intangible assets

4

-

-

Property, plant and equipment

5

54,161

71,693

54,161

71,693

CURRENT ASSETS

Inventories

20,000

100,000

Debtors

6

1,569,370

945,278

Cash at bank

4,297,714

3,712,834

5,887,084

4,758,112

CREDITORS

Amounts falling due within one year

7

835,668

377,649

NET CURRENT ASSETS

5,051,416

4,380,463

TOTAL ASSETS LESS CURRENT LIABILITIES

5,105,577

4,452,156

PROVISIONS FOR LIABILITIES

17,500

17,500

NET ASSETS

5,088,077

4,434,656

CAPITAL AND RESERVES

Called up share capital

2,100

2,100

Capital redemption reserve

200

200

Retained earnings

5,085,777

4,432,356

SHAREHOLDERS' FUNDS

5,088,077

4,434,656

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 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 31 October 2025 and were signed on its behalf by:

E McIntyre - Director

1.	STATUTORY INFORMATION

EMA Architecture + Design Limited is a private company, limited by shares , registered in Scotland. 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 represents the value of architectural and technical consultancy services supplied by the company, excluding value added tax.

Services provided during the year that, at the balance sheet date, have not yet been billed are recognised as turnover in accordance with Financial Reporting Standard 5 "Reporting of the substance of transactions application note G Revenue Recognition and the Urgent Issues Task Force Abstract 40 "Revenue recognition and service contracts". Turnover is recognised by reference to an assessment of the fair value of the services provided at the balance sheet date as a proportion of the total expected value of the contract. Unbilled fee income is included as amounts recoverable on contracts.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2004, is being amortised evenly over its estimated useful life of ten 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

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

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.

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing inventories to their present location and condition.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 the profit and loss account in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 16 (2024 - 22 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 February 2024

and 31 January 2025

123,500

AMORTISATION

At 1 February 2024

and 31 January 2025

123,500

NET BOOK VALUE

At 31 January 2025

-

At 31 January 2024

-

5.	PROPERTY, PLANT AND EQUIPMENT

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 February 2024

90,331

5,698

51,297

147,326

Disposals

(17,453

)

-

(17,536

)

(34,989

)

At 31 January 2025

72,878

5,698

33,761

112,337

DEPRECIATION

At 1 February 2024

46,726

4,433

24,474

75,633

Charge for year

10,419

229

4,674

15,322

Eliminated on disposal

(14,997

)

-

(17,782

)

(32,779

)

At 31 January 2025

42,148

4,662

11,366

58,176

NET BOOK VALUE

At 31 January 2025

30,730

1,036

22,395

54,161

At 31 January 2024

43,605

1,265

26,823

71,693

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/1/25

31/1/24

£

£

Trade debtors

854,475

623,791

Amounts recoverable on long term contracts

140,000

243,500

Other debtors

-

2,022

Directors' current accounts

555,534

-

Prepayments

19,361

75,965

1,569,370

945,278

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/1/25

31/1/24

£

£

Trade creditors

23,265

14,019

Amounts owed to group undertakings

2,767

1,838

Taxation and social security

713,374

261,122

Other creditors

96,262

100,670

835,668

377,649

8.	ULTIMATE CONTROLLING PARTY

The company is controlled by EMA Architecture & Design Holdings Ltd, who owns 100% of the issued ordinary share capital.