EMPIREWAY LTD
EMPIREWAY LTD
EMPIREWAY LTD
Company Registration Number:
04620193 (England and Wales)
Unaudited abridged accounts for the year ended 31 December 2020
Period of accounts
Start date: 01 January 2020
End date: 31 December 2020
EMPIREWAY LTD
Contents of the Financial Statements
for the Period Ended 31 December 2020
| Balance sheet | |
| Notes |
EMPIREWAY LTD
Balance sheet
As at
| Notes | 2020 | 2019 | |
|---|---|---|---|
| | £ | £ | |
| Called up share capital not paid: | | | |
| Fixed assets | |||
| Intangible assets: | | | |
| Tangible assets: | 3 | | |
| Investments: | 4 | | |
| Total fixed assets: | | | |
| Current assets | |||
| Stocks: | | | |
| Debtors: | 5 | | |
| Cash at bank and in hand: | | | |
| Investments: | | | |
| Total current assets: | | | |
| Creditors: amounts falling due within one year: | 6 | ( | ( |
| Net current assets (liabilities): | ( | ( | |
| Total assets less current liabilities: | | | |
| Creditors: amounts falling due after more than one year: | 7 | ( | ( |
| Provision for liabilities: | ( | ( | |
| Total net assets (liabilities): | | | |
| Capital and reserves | |||
| Called up share capital: | | | |
| Share premium account: | | | |
| Revaluation reserve: | 8 | ||
| Other reserves: | | | |
| Profit and loss account: | ( | ( | |
| Shareholders funds: | | |
The notes form part of these financial statements
EMPIREWAY LTD
Balance sheet statements
The directors have chosen to not file a copy of the company’s profit & loss account.
This report was approved by the board of directors on
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
EMPIREWAY LTD
Notes to the Financial Statements
for the Period Ended 31 December 2020
1. Accounting policies
Turnover policy
Tangible fixed assets and depreciation policy
Valuation and information policy
Other accounting policies
STATUTORY INFORMATION. Empireway Limited (“the Company”) is a private company, limited by shares, domiciled in England & Wales, Company Registration Number 04620193. The Registered Office is 50 Wellington Avenue, London, N15 6BA.COMPLIANCE WITH ACCOUNTING STANDARDS. The Unaudited Statutory Accounts (“the Accounts”) have been prepared in accordance with the provisions of FRS 102 (the Financial Reporting Standard applicable in the UK) Section 1A - Small Entities.Basis of Preparation. The principal Accounting Policies adopted in the preparation of the Accounts are set out above and below and have remained unchanged from the previous year, and also have been consistently applied within the Accounts.The Accounts have been prepared under the historical cost convention as modified by the Revaluation of certain Fixed Assets.Cost of Sales comprises property expenses.Deferred Taxation is provided on the liability method to take account of timing differences between the treatment of certain items for accounts purposes and their treatment for tax purposes and is included within Provisions for Liabilities in the Balance Sheet. Tax deferred or accelerated is accounted for in respect of all material timing differences.
EMPIREWAY LTD
Notes to the Financial Statements
for the Period Ended 31 December 2020
2. Employees
| 2020 | 2019 | |
|---|---|---|
| Average number of employees during the period | | |
EMPIREWAY LTD
Notes to the Financial Statements
for the Period Ended 31 December 2020
3. Tangible Assets
| Total | |
|---|---|
| Cost | £ |
| At 01 January 2020 | |
| Additions | |
| Disposals | |
| Revaluations | |
| Transfers | |
| At 31 December 2020 | |
| Depreciation | |
| At 01 January 2020 | |
| Charge for year | |
| On disposals | |
| Other adjustments | |
| At 31 December 2020 | |
| Net book value | |
| At 31 December 2020 | |
| At 31 December 2019 | |
EMPIREWAY LTD
Notes to the Financial Statements
for the Period Ended 31 December 2020
4. Fixed investments
Freehold Investment Properties. Cost Valuation and Net Book Value. At 1 January 2020 1285000. Additions at Cost 30481.Revaluation in Year 164519. At 31 December 2020 - 1480000.
EMPIREWAY LTD
Notes to the Financial Statements
for the Period Ended 31 December 2020
5. Debtors
| 2020 | 2019 | |
|---|---|---|
| £ | £ | |
| Debtors due after more than one year: | | |
EMPIREWAY LTD
Notes to the Financial Statements
for the Period Ended 31 December 2020
6. Creditors: amounts falling due within one year note
EMPIREWAY LTD
Notes to the Financial Statements
for the Period Ended 31 December 2020
7. Creditors: amounts falling due after more than one year note
EMPIREWAY LTD
Notes to the Financial Statements
for the Period Ended 31 December 2020
8. Revaluation reserve
| 2020 | |
|---|---|
| £ | |
| Balance at 01 January 2020 | |
| Surplus or deficit after revaluation | |
| Balance at 31 December 2020 |
EMPIREWAY LTD
Notes to the Financial Statements
for the Period Ended 31 December 2020
9. Related party transactions
| Name of the related party: | | |
| Relationship: | Under similar ownership and share the same Director | |
| Description of the Transaction: | | |
| £ | ||
| Balance at 01 January 2020 | | |
| Balance at 31 December 2020 | | |
| Name of the related party: | | |
| Relationship: | Under similar ownership and share the same Director | |
| Description of the Transaction: | | |
| £ | ||
| Balance at 01 January 2020 | | |
| Balance at 31 December 2020 | | |
| Name of the related party: | | |
| Relationship: | Under similar ownership and share the same Director | |
| Description of the Transaction: | | |
| £ | ||
| Balance at 01 January 2020 | | |
| Balance at 31 December 2020 | | |
| Name of the related party: | | |
| Relationship: | Under similar ownership and share the same Director | |
| Description of the Transaction: | | |
| £ | ||
| Balance at 01 January 2020 | | |
| Balance at 31 December 2020 | | |