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Registered number: 13020290
Emmet Ltd
Unaudited Financial Statements
For The Year Ended 30 November 2025
JOHN ALEXANDER LIMITED
Chartered Certified Accountants
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—4
Page 1
Statement of Financial Position
Registered number: 13020290
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 531,601 531,601
531,601 531,601
CURRENT ASSETS
Cash at bank and in hand 25,547 19,455
25,547 19,455
Creditors: Amounts Falling Due Within One Year 6 (282,798 ) (282,566 )
NET CURRENT ASSETS (LIABILITIES) (257,251 ) (263,111 )
TOTAL ASSETS LESS CURRENT LIABILITIES 274,350 268,490
Creditors: Amounts Falling Due After More Than One Year 7 (285,335 ) (285,335 )
NET LIABILITIES (10,985 ) (16,845 )
CAPITAL AND RESERVES
Called up share capital 8 1 1
Income Statement (10,986 ) (16,846 )
SHAREHOLDERS' FUNDS (10,985) (16,845)
Page 1
Page 2
For the year ending 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.
On behalf of the board
Emine Korusoy
Director
07/01/2026
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Emmet Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13020290 . The registered office is 66 The Fairway, Southgate, London, N14 4NU.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold 0
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: 1)
1 1
4. Tangible Assets
Land & Property
Freehold
£
Cost
As at 1 December 2024 531,601
As at 30 November 2025 531,601
...CONTINUED
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Page 4
Net Book Value
As at 30 November 2025 531,601
As at 1 December 2024 531,601
5. Debtors
2025 2024
£ £
Due within one year
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 84 333
Other taxes and social security 150 70
Net wages - 1,877
Director's loan account 282,564 280,286
282,798 282,566
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 285,335 285,335
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1 1
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