FRS102 1A Filleted


Company registration number:				NI727861
Emerald Automotive Assessors Ltd

Balance sheet
as at 31 March 2026

	Note	£	£
Fixed assets
Tangible assets	4	1,394
			1,394
Current assets
Cash at bank and in hand		53,785
			53,785
Creditors: amounts falling due within one year	5		(40,069)
Net current assets			13,716
Total assets less current liabilities			15,110
Creditors: Amounts falling due after more than one year	6		(522)
NET ASSETS			14,588

Capital and reserves
Called up share capital			2
Profit and loss account			14,586
TOTAL EQUITY			14,588


The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the period ended 31 March 2026.

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 to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.

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Company registration number:		NI727861
Emerald Automotive Assessors Ltd

Balance sheet - continued
as at 31 March 2026

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 Profit and loss account has not been delivered to the Registrar.

These financial statements were approved by the Board of directors and authorised for issue on 23 October 2026 and signed on its behalf by:

Mr J McCauley, Director	Mrs C McCauley, Director
23 October 2026	23 October 2026

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Emerald Automotive Assessors Ltd

Notes to the financial statements
for the period ended 31 March 2026


1	Company information

	Emerald Automotive Assessors Ltd is a private company registered in Northern Ireland. Its registered number is NI727861. The company is limited by shares. Its registered office is 5 Mullinure Lane, Armagh, County Armagh, BT61 7RT.

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 historic cost convention.

	Going concern
	In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company’s ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.

	The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.

	Tangible fixed assets
	Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

	Plant and machinery etc.:
	Plant, Fixture & Fittings	-	20% reducing balance
	Computer Equipment	-	20% reducing balance

	Taxation
	Taxation for the period comprises current and deferred taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

	Current 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.

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Emerald Automotive Assessors Ltd

Notes to the financial statements - continued
for the period ended 31 March 2026

2	Accounting policies - continued

	Deferred taxation
	Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

	Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that been enacted or substantively enacted by the balance sheet date and that are expected to apply to the reversal of the timing difference.

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

3	Average number of employees

	During the period the average number of employees was 2.

4	Tangible fixed assets

		Plant and machinery etc.
		£
	Cost
	Additions	3,492
	Disposals	(1,750)
	At 31 March 2026	1,742

	Depreciation
	Charge for period	348
	At 31 March 2026	348

	Net book value
	At 31 March 2026	1,394


5	Creditors: amounts falling due within one year

		£
	Trade creditors	645
	Amounts owed to directors	18,496
	Other creditors	4,079
	Taxation	7,966
	VAT payable	8,883
		40,069


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	Company registration number:	NI727861

	Annual report and unaudited financial statements
	for the period ended 31 March 2026
	for
	Emerald Automotive Assessors Ltd


	Pages for filing with the Registrar