The Employment Management Platform Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 10559324 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 June 2025

for

The Employment Management Platform Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mr D Smith

REGISTERED OFFICE:

271 High Street

Berkhamsted

Herts

HP4 1AA

REGISTERED NUMBER:

10559324 (England and Wales)

FIXED ASSETS

Intangible assets

4

547,101

610,649

Tangible assets

5

28,411

35,633

575,512

646,282

CURRENT ASSETS

Debtors

6

747,399

787,677

Cash at bank

4,775

3,814

752,174

791,491

CREDITORS

Amounts falling due within one year

7

1,130,472

942,804

NET CURRENT LIABILITIES

(378,298

)

(151,313

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

197,214

494,969

CAPITAL AND RESERVES

Called up share capital

2,000,000

Retained earnings

(1,802,786

)

(1,505,031

)

197,214

494,969

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 26 May 2026 and were signed by:

Mr D Smith - Director

1.	STATUTORY INFORMATION

The Employment Management Platform Ltd 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.

Intangible assets

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

Software - 15% on reducing balance

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 - 25% on reducing balance and 20% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Research and development

Research expenditure is written off against profits in the year in which it is incurred. Identifiable development expenditure is capitalised to the extent that the technical, commercial and financial feasibility can be demonstrated.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

Going concern

The accounts have been prepared on the going concern basis. The directors have assessed the company's current financial position and believe that the company will be able to continue operating for the foreseeable future.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 7 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 July 2024

and 30 June 2025

952,478

AMORTISATION

At 1 July 2024

341,829

Charge for year

63,548

At 30 June 2025

405,377

NET BOOK VALUE

At 30 June 2025

547,101

At 30 June 2024

610,649

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 July 2024

and 30 June 2025

149,063

DEPRECIATION

At 1 July 2024

113,430

Charge for year

7,222

At 30 June 2025

120,652

NET BOOK VALUE

At 30 June 2025

28,411

At 30 June 2024

35,633

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

30.6.24

£

Trade debtors

4,799

40,684

Other debtors

742,600

746,993

747,399

787,677

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

30.6.24

£

Trade creditors

14,947

82,987

Taxation and social security

59,757

38,891

Other creditors

1,055,768

820,926

1,130,472

942,804

8.	PENSION COMMITMENTS

The company operates a defined contribution pension scheme for all employees. The assets of the scheme are held separately from those of the company in an independently administered fund. At the balance sheet date, unpaid contributions of £1,204 (2024 : £1,988) were due to the fund. They are included in other creditors.

9.	RELATED PARTY DISCLOSURES

At the year end, the company owed £382,000 (2023: £635,930) to businesses controlled by the director. The loans are interest free and repayable on demand.

10.	ULTIMATE CONTROLLING PARTY

The controlling party is Liam Fynn.