IRIS Accounts Production v23.2.0.158 09499193 Board of Directors 31.3.22 30.3.23 30.3.23 false true false false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh094991932022-03-30094991932023-03-30094991932022-03-312023-03-30094991932021-03-30094991932021-03-312022-03-30094991932022-03-3009499193ns10:Originalns15:EnglandWales2022-03-312023-03-3009499193ns14:PoundSterlingns10:Original2022-03-312023-03-3009499193ns10:Originalns10:Director12022-03-312023-03-3009499193ns10:Original2022-03-312023-03-3009499193ns10:Original2023-03-3009499193ns10:Originalns10:PrivateLimitedCompanyLtd2022-03-312023-03-3009499193ns10:Originalns10:SmallEntities2022-03-312023-03-3009499193ns10:Originalns10:AuditExempt-NoAccountantsReport2022-03-312023-03-3009499193ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-03-312023-03-3009499193ns10:SmallCompaniesRegimeForAccountsns10:Original2022-03-312023-03-3009499193ns10:Originalns10:FullAccounts2022-03-312023-03-3009499193ns10:Original12022-03-312023-03-3009499193ns10:Originalns10:OrdinaryShareClass12022-03-312023-03-3009499193ns10:Originalns10:Director22022-03-312023-03-3009499193ns10:Originalns10:RegisteredOffice2022-03-312023-03-3009499193ns10:Original2022-03-3009499193ns10:Originalns5:CurrentFinancialInstruments2023-03-3009499193ns10:Originalns5:CurrentFinancialInstruments2022-03-3009499193ns10:Originalns5:Non-currentFinancialInstruments2023-03-3009499193ns10:Originalns5:Non-currentFinancialInstruments2022-03-3009499193ns5:ShareCapitalns10:Original2023-03-3009499193ns5:ShareCapitalns10:Original2022-03-3009499193ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-03-3009499193ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-03-3009499193ns5:IntangibleAssetsOtherThanGoodwillns10:Original2022-03-312023-03-3009499193ns10:Originalns5:DevelopmentCostsCapitalisedDevelopmentExpenditure2022-03-312023-03-3009499193ns10:Originalns5:ShortLeaseholdAssetsns5:LandBuildings2022-03-312023-03-3009499193ns10:Originalns5:LeaseholdImprovements2022-03-312023-03-3009499193ns10:Originalns5:PlantMachinery2022-03-312023-03-3009499193ns10:Originalns5:FurnitureFittings2022-03-312023-03-3009499193ns10:Originalns5:MotorVehicles2022-03-312023-03-3009499193ns10:Originalns5:ComputerEquipment2022-03-312023-03-3009499193ns10:Original2021-03-312022-03-3009499193ns5:IntangibleAssetsOtherThanGoodwillns10:Original2022-03-3009499193ns5:IntangibleAssetsOtherThanGoodwillns10:Original2023-03-3009499193ns5:IntangibleAssetsOtherThanGoodwillns10:Original2022-03-3009499193ns10:Originalns5:ShortLeaseholdAssetsns5:LandBuildings2022-03-3009499193ns10:Originalns5:LeaseholdImprovements2022-03-3009499193ns10:Originalns5:PlantMachinery2022-03-3009499193ns10:Originalns5:ShortLeaseholdAssetsns5:LandBuildings2023-03-3009499193ns10:Originalns5:LeaseholdImprovements2023-03-3009499193ns10:Originalns5:PlantMachinery2023-03-3009499193ns10:Originalns5:ShortLeaseholdAssetsns5:LandBuildings2022-03-3009499193ns10:Originalns5:LeaseholdImprovements2022-03-3009499193ns10:Originalns5:PlantMachinery2022-03-3009499193ns10:Originalns5:FurnitureFittings2022-03-3009499193ns10:Originalns5:MotorVehicles2022-03-3009499193ns10:Originalns5:ComputerEquipment2022-03-3009499193ns10:Original2022-03-3009499193ns10:Originalns5:FurnitureFittings2023-03-3009499193ns10:Originalns5:MotorVehicles2023-03-3009499193ns10:Originalns5:ComputerEquipment2023-03-3009499193ns10:Originalns5:FurnitureFittings2022-03-3009499193ns10:Originalns5:MotorVehicles2022-03-3009499193ns10:Originalns5:ComputerEquipment2022-03-3009499193ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3009499193ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-03-3009499193ns10:Originalns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2023-03-3009499193ns10:Originalns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2022-03-3009499193ns10:Originalns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-03-3009499193ns10:Originalns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2022-03-3009499193ns10:Originalns5:DeferredTaxation2022-03-3009499193ns10:Originalns5:DeferredTaxation2022-03-312023-03-3009499193ns10:Originalns5:DeferredTaxation2023-03-3009499193ns10:Originalns10:OrdinaryShareClass12023-03-30
REGISTERED NUMBER: 09499193 (England and Wales)












ENSTATIC LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 MARCH 2023






ENSTATIC LIMITED (REGISTERED NUMBER: 09499193)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 MARCH 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ENSTATIC LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 MARCH 2023







DIRECTORS: Mr L Machin
Mr C Machin





REGISTERED OFFICE: College House
4 St Leonards Close
Bridgnorth
Shropshire
WV16 4EJ





REGISTERED NUMBER: 09499193 (England and Wales)





ACCOUNTANTS: Wallace Crooke Ltd
Wallace House
20 Birmingham Road
Walsall
West Midlands
WS1 2LT

ENSTATIC LIMITED (REGISTERED NUMBER: 09499193)

BALANCE SHEET
30 MARCH 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 128,669 71,490
128,669 71,490

CURRENT ASSETS
Stocks 20,409 3,000
Debtors 6 - 389,126
Cash at bank and in hand 143,893 1,756
164,302 393,882
CREDITORS
Amounts falling due within one year 7 204,204 226,121
NET CURRENT (LIABILITIES)/ASSETS (39,902 ) 167,761
TOTAL ASSETS LESS CURRENT
LIABILITIES

88,767

239,251

CREDITORS
Amounts falling due after more than one
year

8

(37,917

)

(42,917

)

PROVISIONS FOR LIABILITIES 10 - (11,300 )
NET ASSETS 50,850 185,034

CAPITAL AND RESERVES
Called up share capital 11 2 2
Retained earnings 50,848 185,032
SHAREHOLDERS' FUNDS 50,850 185,034

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 March 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

ENSTATIC LIMITED (REGISTERED NUMBER: 09499193)

BALANCE SHEET - continued
30 MARCH 2023


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 11 October 2023 and were signed on its behalf by:





Mr L Machin - Director


ENSTATIC LIMITED (REGISTERED NUMBER: 09499193)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 MARCH 2023

1. STATUTORY INFORMATION

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

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 historical cost convention.

The company's financial statements are individual entity financial statements.

The company's financial statements are presented in Sterling and all values are rounded to the nearest pound.

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

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Development costs are being amortised evenly over their estimated useful life of five years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Hire Stock - 10% on cost
Improvements to property - in accordance with the property
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% reducing balance
Equipment - 20% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred 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.


ENSTATIC LIMITED (REGISTERED NUMBER: 09499193)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 MARCH 2023

2. ACCOUNTING POLICIES - continued
Deferred tax
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 have been enacted or substantively enacted by the year end 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 probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 2 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 31 March 2022
and 30 March 2023 2,367
AMORTISATION
At 31 March 2022
and 30 March 2023 2,367
NET BOOK VALUE
At 30 March 2023 -
At 30 March 2022 -

ENSTATIC LIMITED (REGISTERED NUMBER: 09499193)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 MARCH 2023

5. TANGIBLE FIXED ASSETS
Improvements
Hire to Plant and
Stock property machinery
£    £    £   
COST
At 31 March 2022 49,430 43,820 54,657
Additions - - 87,500
At 30 March 2023 49,430 43,820 142,157
DEPRECIATION
At 31 March 2022 19,217 29,996 35,043
Charge for year 4,943 8,764 16,067
At 30 March 2023 24,160 38,760 51,110
NET BOOK VALUE
At 30 March 2023 25,270 5,060 91,047
At 30 March 2022 30,213 13,824 19,614

Fixtures
and Motor
fittings vehicles Equipment Totals
£    £    £    £   
COST
At 31 March 2022 6,946 10,000 10,607 175,460
Additions - - 1,199 88,699
At 30 March 2023 6,946 10,000 11,806 264,159
DEPRECIATION
At 31 March 2022 3,963 8,221 7,530 103,970
Charge for year 447 444 855 31,520
At 30 March 2023 4,410 8,665 8,385 135,490
NET BOOK VALUE
At 30 March 2023 2,536 1,335 3,421 128,669
At 30 March 2022 2,983 1,779 3,077 71,490

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors - 389,126

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts (see note 9) 5,000 5,000
Taxation and social security 116,542 214,471
Other creditors 82,662 6,650
204,204 226,121

ENSTATIC LIMITED (REGISTERED NUMBER: 09499193)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 MARCH 2023

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans (see note 9) 37,917 42,917

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 17,917 22,917

9. LOANS

An analysis of the maturity of loans is given below:

2023 2022
£    £   
Amounts falling due within one year or on demand:
Bank loans 5,000 5,000

Amounts falling due between one and two years:
Bank loans - 1-2 years 5,000 5,000

Amounts falling due between two and five years:
Bank loans - 2-5 years 15,000 15,000

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 17,917 22,917

10. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax - 11,300

Deferred
tax
£   
Balance at 31 March 2022 11,300
Provided during year (11,300 )
Balance at 30 March 2023 -

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
2 Ordinary £1 2 2