| |
|
2026 |
|
2025 |
| |
|
£ |
£ |
|
£ |
£ |
| Fixed assets |
|
|
752,661 |
|
|
815,532 |
| Current assets |
|
581 |
|
|
12,776 |
|
| Creditors: amount falling due within one year |
|
(561,558) |
|
|
(604,653) |
|
|
Net current assets
|
|
|
(560,977)
|
|
|
(591,877)
|
|
Total assets less current liabilities
|
|
|
191,684 |
|
|
223,655 |
| Creditors: amount falling due after more than one year |
|
|
(52,686) |
|
|
(37,168) |
| Provisions for liabilities |
|
|
(35,932) |
|
|
(38,377) |
|
Net assets
|
|
|
103,066 |
|
|
148,110 |
| |
|
|
|
|
|
|
|
Capital and reserves
|
|
|
103,066 |
|
|
148,110 |
| |
NOTES TO THE ACCOUNTS
General Information
EMNAY LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12468282, registration address Unit 11B Sheffield Design Studios, Lion Works, 40 Ball Street, S3 8DB.
The presentation currency is £ sterling.
| 1. |
Accounting policies
Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 105 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention.
The financial statements are prepared in sterling which is the functional currency of the company.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred taxation
Deferred tax is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.
Investment properties
Investment properties are properties held to earn rentals and/or for capital appreciation.
Investment properties should be recognised initially at cost and subsequently investment properties are measured at fair value. Gains and losses arising from changes in the fair value of investment properties are included in profit or loss in the period in which they arise.
Provisions
Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.
|
| 2. |
Average number of employees
Average number of employees during the year was 1 (2025 : 1).
|
For the year ended 28 February 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
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.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the micro-entity provisions and FRS 105, the Financial Reporting Standard applicable to the micro-entities regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The income statement has not been delivered to the Registrar of Companies.
The members have agreed to the preparation of abridged accounts.
The financial statements were approved by the director on 15 September 2026 and were signed by: --------------------------------
Michael Andrew Naylor
Director |
1
|