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Company Registration No. SC585692 (Scotland)
Empire Electrics Ltd Unaudited accounts for the year ended 31 January 2025
Empire Electrics Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Empire Electrics Ltd Company Information for the year ended 31 January 2025
Directors
Paul Newman PAUL NEWMAN
Company Number
SC585692 (Scotland)
Registered Office
403 Queen's Ferry Road Edinburgh EH4 7AG Scotland
Accountants
Nicola Hancock CA 45 Gilberstoun Loan Edinburgh EH15 2RQ
- 3 -
Empire Electrics Ltd Statement of financial position as at 31 January 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
7,697
9,704
Current assets
Debtors
3,238
-
Cash at bank and in hand
1,433
2,913
4,671
2,913
Creditors: amounts falling due within one year
(7,212)
(6,985)
Net current liabilities
(2,541)
(4,072)
Total assets less current liabilities
5,156
5,632
Creditors: amounts falling due after more than one year
(5,027)
(4,980)
Net assets
129
652
Capital and reserves
Called up share capital
100
100
Profit and loss account
29
552
Shareholders' funds
129
652
For the year ending 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 24 October 2025 and were signed on its behalf by
Paul Newman Director Company Registration No. SC585692
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Empire Electrics Ltd Notes to the Accounts for the year ended 31 January 2025
1
Statutory information
Empire Electrics Ltd is a private company, limited by shares, registered in Scotland, registration number SC585692. The registered office is 403 Queen's Ferry Road, Edinburgh, EH4 7AG, Scotland.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Total
£
Cost or valuation
At 1 February 2024
20,569
Additions
836
At 31 January 2025
21,405
Depreciation
At 1 February 2024
10,865
Charge for the year
2,843
At 31 January 2025
13,708
Net book value
At 31 January 2025
7,697
At 31 January 2024
9,704
5
Loans to directors
Brought Forward
Advance/ credit
Repaid
Carried Forward
£
£
£
£
Paul Newman
Loan to director
-
2,172
-
2,172
-
2,172
-
2,172
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Empire Electrics Ltd Notes to the Accounts for the year ended 31 January 2025
6
Average number of employees
During the year the average number of employees was 1 (2024: 1).
- 6 -