Registered number
08609844
Enterprise Business Limited
Report and Accounts
31 December 2021
Accountancy 4 Wealth Limited
Accountants and Business Advisors
33 Wolverhampton Road
Cannock
Staffordshire
WS11 1AP
Enterprise Business Limited
Registered number: 08609844
Balance Sheet
as at 31 December 2021
Notes 2021 2020
£ £
Creditors: amounts falling due within one year 3 100 100
Net current assets 100 100
Net assets 100 100
Capital and reserves
Called up share capital 100 100
Shareholders' funds 100 100
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
J Eatough
Director
Approved by the board on 4 February 2022
Enterprise Business Limited
Notes to the Accounts
for the year ended 31 December 2021
1 Accounting policies
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.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. 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.
2 Employees 2021 2020
Number Number
Average number of persons employed by the company 1 1
3 Creditors: amounts falling due within one year 2021 2020
£ £
Amounts owed to group undertakings and undertakings in which the company has a participating interest (100) (100)
4 Related party transactions
During the financial year Enterprise Business Limited had transactions with Accountancy 4 Wealth Limited & B J S Management Limited, both private companies registered in England & Wales and are companies in which J Eatough is also a director. All transactions were carried out at arm's length and at market value.
5 Controlling party
The company is controlled by its directors who are the shareholders.
Enterprise Business Limited 08609844 false 2021-01-01 2021-12-31 2021-12-31 VT Final Accounts April 2022 J Eatough No description of principal activity 08609844 2020-01-01 2020-12-31 08609844 core:WithinOneYear 2020-12-31 08609844 core:ShareCapital 2020-12-31 08609844 2021-01-01 2021-12-31 08609844 bus:EntityNoLongerTradingButTradedInPast 2021-01-01 2021-12-31 08609844 bus:PrivateLimitedCompanyLtd 2021-01-01 2021-12-31 08609844 bus:AuditExemptWithAccountantsReport 2021-01-01 2021-12-31 08609844 bus:Director40 2021-01-01 2021-12-31 08609844 bus:FRS102 2021-01-01 2021-12-31 08609844 bus:FullAccounts 2021-01-01 2021-12-31 08609844 2021-12-31 08609844 core:WithinOneYear 2021-12-31 08609844 core:ShareCapital 2021-12-31 08609844 2020-12-31 iso4217:GBP xbrli:pure