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Registration number: 06902041

Empiric Limited
Annual Report and Unaudited Filleted Financial Statements
for the Year Ended 30 June 2025

Empiric Limited

Contents

Company Information | 1
Balance Sheet | 2 to 3
Notes to the Unaudited Financial Statements | 4 to 8

Empiric Limited

Company Information

Director | R P Mears

Registered office | Cooper House Lower Charlton Estate Shepton Mallet Somerset BA4 5QE

Accountants | Burton Sweet Ltd Chartered Accountants and Business Advisers Cooper House Lower Charlton Estate Shepton Mallet Somerset BA4 5QE

Empiric Limited

(Registration number: 06902041)
Balance Sheet
30 June 2025

| Note | 2025 £ | 2024 £
Current assets |  |  |
Debtors | 5 | 43 | 43
Cash at bank and in hand |  | 96 | 156
|  | 139 | 199
Creditors: Amounts falling due within one year | 6 | (52,831) | (33,281)
Net liabilities |  | (52,692) | (33,082)
Capital and reserves |  |  |
Called up share capital |  | 1 | 1
Retained earnings |  | (52,693) | (33,083)
Shareholders' deficit |  | (52,692) | (33,082)

Empiric Limited

(Registration number: 06902041)
Balance Sheet
30 June 2025

For the financial year ending 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Director's responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 25 February 2026

......................................... R P Mears Director

Empiric Limited

Notes to the Unaudited Financial Statements
Year Ended 30 June 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Cooper House
Lower Charlton Estate
Shepton Mallet
Somerset
BA4 5QE

These financial statements were authorised for issue by the director on 25 February 2026.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The directors have a reasonable expectation that the company has sufficient resources to continue for the foreseeable future. The accounts have been prepared on a going concern basis.

Empiric Limited

Notes to the Unaudited Financial Statements
Year Ended 30 June 2025

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.
Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Equipment | 25% straight line

Trade debtors

Trade debtors are amounts due from customers for services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price.

Empiric Limited

Notes to the Unaudited Financial Statements
Year Ended 30 June 2025

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price.

3 | Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2024 - 1).

Empiric Limited

Notes to the Unaudited Financial Statements
Year Ended 30 June 2025

4 | Tangible assets

| Office equipment £
Cost or valuation
At 1 July 2024 | 380
Disposals | (380)
At 30 June 2025 | -
Depreciation
At 1 July 2024 | 380
Eliminated on disposal | (380)
At 30 June 2025 | -
Carrying amount
At 30 June 2025 | -

5 | Debtors

| 2025 £ | 2024 £
Other debtors | 43 | 43
| 43 | 43

Empiric Limited

Notes to the Unaudited Financial Statements
Year Ended 30 June 2025

6 | Creditors

Creditors: amounts falling due within one year

| 2025 £ | 2024 £
Due within one year |  |
Trade creditors | 1,146 | -
Accruals and deferred income | 480 | 860
Other creditors | 51,205 | 32,421
| 52,831 | 33,281