EMERGING LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 MAY 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

P J Mortimer

REGISTERED OFFICE:

Devonshire House

Manor Way

Borehamwood

Hertfordshire

WD6 1QQ

REGISTERED NUMBER:

06258057 (England and Wales)

ACCOUNTANTS:

Goodier, Smith & Watts Limited

Devonshire House

Manor Way

Borehamwood

Herts

WD6 1QQ

FIXED ASSETS

Tangible assets

4

23,753

30,254

CURRENT ASSETS

Stocks

95,999

75,419

Debtors

5

51,918

112,504

Cash at bank

224,334

263,776

372,251

451,699

CREDITORS

Amounts falling due within one year

6

77,709

150,914

NET CURRENT ASSETS

294,542

300,785

TOTAL ASSETS LESS CURRENT LIABILITIES

318,295

331,039

ACCRUALS AND DEFERRED INCOME

16,722

12,886

NET ASSETS

301,573

318,153

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

301,473

318,053

SHAREHOLDERS' FUNDS

301,573

318,153

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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 19 August 2025 and were signed by:

P J Mortimer - Director

1.	STATUTORY INFORMATION

Emerging 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.

Plant and machinery etc

-

50% on cost, 33% on cost and 25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

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 6 (2024 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 June 2024

86,932

Additions

1,850

At 31 May 2025

88,782

DEPRECIATION

At 1 June 2024

56,678

Charge for year

8,351

At 31 May 2025

65,029

NET BOOK VALUE

At 31 May 2025

23,753

At 31 May 2024

30,254

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

33,119

94,600

Other debtors

18,799

17,904

51,918

112,504

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

24,156

51,389

Taxation and social security

43,391

85,004

Other creditors

10,162

14,521

77,709

150,914