Company Registration No. 08311048 (England and Wales)
Emarek Limited
Unaudited accounts
for the year ended 30 November 2025
Emarek Limited
Unaudited accounts
Contents
Emarek Limited
Statement of financial position
as at 30 November 2025
Investment property
100,000
100,000
Inventories
2,453,935
1,342,648
Cash at bank and in hand
228,341
326,356
Creditors: amounts falling due within one year
(185,190)
(67,060)
Net current assets
2,875,571
1,640,307
Total assets less current liabilities
2,976,343
1,740,309
Creditors: amounts falling due after more than one year
(1,929,143)
(829,143)
Net assets
1,047,200
911,166
Called up share capital
500
500
Share premium
249,900
249,900
Profit and loss account
796,800
660,766
Shareholders' funds
1,047,200
911,166
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 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 13 August 2026 and were signed on its behalf by
IRH Glyn
Director
Company Registration No. 08311048
Emarek Limited
Notes to the Accounts
for the year ended 30 November 2025
Emarek Limited is a private company, limited by shares, registered in England and Wales, registration number 08311048. The registered office is The Innocents, Berrick Salome, Wallingford, OX10 6JR, United Kingdom.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
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:
Inventories comprise work-in-progress which is valued at the lower of cost and net realisable value. Cost comprises the property purchase price plus expenses required to bring the property to saleable condition including bank fees and interest payable on the attributable loans to purchase and develop the properties.
Financial instruments are classified and accounted for as financial assets, financial liabilities or equity instruments, according to the substance of the contractual arrangement. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
Emarek Limited
Notes to the Accounts
for the year ended 30 November 2025
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Tangible fixed assets
Total
Allotted, called up and fully paid:
100 A Ordinary shares of £1 each
100
100
300 B Ordinary shares (do not carry voting rights) of £1 each
300
300
100 C Redeemable shares of £1 each
100
100
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Transactions with related parties
Creditors due after more than one year comprise £1,929,143 (2024 - £829,143) owing to Mr IRH Glyn. These loans were secured by a fixed charge on the company's development property and a floating charge on all the company's property or undertaking.
The company's wholly owned subsidiary, Bart's Newbury Limited, acquired sites for development adjacent to the existing development properties. At 30 November 2025 the company was owed £101,677 by its subsidiary (2024 - £33,177).
The companies comprise a small group and accordingly Emarek Limited has not prepared group accounts. The net equity of the subsidiary at 30 November 2025 was £873 (2024 - £204,873).
The ultimate controlling party during the year was Mr IRH Glyn.
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Average number of employees
During the year the average number of employees was 4 (2024: 4).