EMMA STACEY LIMITED


Director	STACEY, Emma


Registered Address	Emma Stacey Legal
	Tremough Innovation Centre
	Penryn
	TR10 9TA


Registered Number	09352049 (England and Wales)

Balance Sheet as at
31 December 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		251,384		263,994
			251,384		263,994
Current assets
Debtors	4	3,420		7,446
Cash at bank and on hand		917		5,460
		4,337		12,906
Creditors amounts falling due within one year	5	(171,456)		(115,468)
Net current assets (liabilities)			(167,119)		(102,562)
Total assets less current liabilities			84,265		161,432
Creditors amounts falling due after one year	6		(6,604)		(21,164)
Provisions for liabilities	8		(6,513)		(15,628)
Net assets			71,148		124,640
Capital and reserves
Called up share capital			50		50
Profit and loss account			71,098		124,590
Shareholders' funds			71,148		124,640

The company was entitled to exemption from audit for this reporting period 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 Director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 9 September 2026, and are signed on its behalf by:

STACEY, Emma
Director
Registered Company No. 09352049

EMMA STACEY LIMITED

Notes to the Financial Statements
for the year ended 31 December 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover policy
	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.

	Current taxation
	Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income. Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

Current taxation

Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income.

Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that 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, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that 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, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:


	Reducing balance (%)	Straight line (years)
Plant and machinery	15	5
Fixtures and fittings	15	-
Vehicles	10	-
Office Equipment	-	4

	Finance leases and hire purchase contracts
	Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet. They are depreciated over the shorter of their useful lives or the term of the lease.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	1		2

3.	Tangible fixed assets

	Land & buildings	Plant & machinery	Vehicles	Fixtures & fittings	Office Equipment	Total
	£	£	£	£	£	£
Cost or valuation
At 01 January 25	114,622	2,398	68,611	200,104	42,243	427,978
Additions	-	11,623	-	3,232	1,313	16,168
Disposals	-	-	(22,599)	-	-	(22,599)
At 31 December 25	114,622	14,021	46,012	203,336	43,556	421,547
Depreciation and impairment
At 01 January 25	-	1,193	22,401	102,632	37,758	163,984
Charge for year	-	1,934	4,141	15,105	2,799	23,979
On disposals	-	-	(17,800)	-	-	(17,800)
At 31 December 25	-	3,127	8,742	117,737	40,557	170,163
Net book value
At 31 December 25	114,622	10,894	37,270	85,599	2,999	251,384
At 31 December 24	114,622	1,205	46,210	97,472	4,485	263,994

4.	Debtors: amounts due within one year

	2025	2024
	£	£
Other debtors	2,213	676
Prepayments and accrued income	1,207	6,770
Total	3,420	7,446

5.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	3,094	47
Bank borrowings and overdrafts	4,157	10,011
Taxation and social security	16,900	25,757
Finance lease and HP contracts	10,413	9,365
Other creditors	54,346	67,787
Accrued liabilities and deferred income	82,546	2,501
Total	171,456	115,468

6.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	-	4,148
Other creditors	6,604	17,016
Total	6,604	21,164

7.	Obligations under finance leases

		2025		2024
		£		£
	Finance lease and HP contracts	17,016		26,382

8.	Provisions for liabilities

	2025	2024
	£	£
Net deferred tax liability (asset)	6,513	15,628
Total	6,513	15,628