Emmanuel Products Limited

Contents

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

Emmanuel Products Limited

Company Information

Directors

P H Teoh S C Wiles-Teoh

Registered Office

The Old Railway Yard Hullavington Chippenham Wiltshire SN14 6ET

Registered Number

03530848

Accountants

Verinder Powell Associates Limited Suite 5 Corum 2 Corum Office Park Crown Way Warmley Bristol BS30 8FJ

Emmanuel Products Limited

(Registration number: 03530848)
Balance Sheet as at 31 October 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	193,263	216,866
Current assets
Stocks	5	321,273	253,313
Debtors	6	531,900	586,804
Cash at bank and in hand		929,106	655,962
		1,782,279	1,496,079
Creditors: Amounts falling due within one year	7	(1,222,909)	(1,109,212)
Net current assets		559,370	386,867
Total assets less current liabilities		752,633	603,733
Provisions for liabilities		(8,552)	(8,446)
Net assets		744,081	595,287
Capital and reserves
Called up share capital		80,002	80,002
Retained earnings		664,079	515,285
Shareholders' funds		744,081	595,287

Emmanuel Products Limited

(Registration number: 03530848)
Balance Sheet as at 31 October 2025

For the financial year ending 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and 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 directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 24 April 2026 and signed on its behalf by:
 

......................................... P H Teoh Director

Emmanuel Products Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 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:
The Old Railway Yard
Hullavington
Chippenham
Wiltshire
SN14 6ET

These financial statements were authorised for issue by the Board on 24 April 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). There have been no material departures from the Financial Reporting Standard 102 1A.

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. The financial statements are prepared in Pounds Sterling (£), and are rounded to the nearest pound.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

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.

Emmanuel Products Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

Tax

The tax expense for the period comprises deferred tax. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

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 provided at the following annual rates in order to write off each asset over its estimated useful life:

Asset class	Depreciation method and rate
Freehold property	10% on cost and not provided
Plant and machinery	25% on reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Emmanuel Products Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell, which is equivalent to net realisable value.

The cost of finished goods and work in progress comprises all costs of purchase, direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

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 and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

The company operates a define contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate. Once the contributions have been paid, the company has no further payment obligations.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 5 (2024 - 4).

Emmanuel Products Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

4	Tangible assets

	Freehold property £	Plant and machinery £	Total £
Cost or valuation
At 1 November 2024	340,310	93,777	434,087
Additions	-	11,500	11,500
Disposals	-	(15,773)	(15,773)
At 31 October 2025	340,310	89,504	429,814
Depreciation
At 1 November 2024	162,434	54,787	217,221
Charge for the year	13,478	8,025	21,503
Eliminated on disposal	-	(2,173)	(2,173)
At 31 October 2025	175,912	60,639	236,551
Carrying amount
At 31 October 2025	164,398	28,865	193,263
At 31 October 2024	177,876	38,990	216,866

5

Stocks

	2025 £	2024 £
Finished goods	321,273	253,313

6

Debtors

	Note	2025 £	2024 £
Amounts owed by related parties	8	522,263	572,229
Prepayments		6,163	14,573
Other debtors		3,474	2
		531,900	586,804

Emmanuel Products Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

7

Creditors

Due within one year	Note	2025 £	2024 £
Trade creditors		1,049,771	947,404
Amounts owed to related parties	8	125,898	132,971
Taxation and social security		43,990	23,592
Accruals and deferred income		3,250	5,245
		1,222,909	1,109,212

 

8	Related party transactions

Loans from related parties

2025	Key management £	Total £
At start of period	132,971	132,971
Advanced	625	625
Repaid	(7,698)	(7,698)
At end of period	125,898	125,898

2024	Key management £	Total £
At start of period	124,650	124,650
Advanced	8,321	8,321
At end of period	132,971	132,971

Terms of loans from related parties

The loans from key management are interest free and repayable on demand.