Company Registration No. 13889645 (England and Wales)
Envisage Interiors Ltd
Unaudited accounts
for the period from 2 February 2022 to 31 March 2023
Envisage Interiors Ltd
Unaudited accounts
Contents
Envisage Interiors Ltd
Company Information
for the period from 2 February 2022 to 31 March 2023
Directors
Bruce James
Daniel James
Jake Peter Whiteside
Company Number
13889645 (England and Wales)
Registered Office
ROWAN HOUSE
GUILDFORD ROAD TRADING ESTATE
FARNHAM
GU9 9PZ
ENGLAND
Accountants
innoKey Solutions
Gordon House
Bridge Close
Woking
Surrey
GU21 4PD
Envisage Interiors Ltd
Statement of financial position
as at 31 March 2023
Cash at bank and in hand
104,299
Creditors: amounts falling due within one year
(307,691)
Total assets less current liabilities
140,013
Creditors: amounts falling due after more than one year
(19,158)
Called up share capital
100
Profit and loss account
120,755
Shareholders' funds
120,855
For the period ending 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. 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 for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 25 September 2023 and were signed on its behalf by
Daniel James
Director
Company Registration No. 13889645
Envisage Interiors Ltd
Notes to the Accounts
for the period from 2 February 2022 to 31 March 2023
Envisage Interiors Ltd is a private company, limited by shares, registered in England and Wales, registration number 13889645. The registered office is ROWAN HOUSE, GUILDFORD ROAD TRADING ESTATE, FARNHAM, GU9 9PZ, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers or held on their behalf such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Reducing balance
Motor vehicles
25% Reducing balance
Fixtures & fittings
25% Reducing balance
Envisage Interiors Ltd
Notes to the Accounts
for the period from 2 February 2022 to 31 March 2023
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 2 February 2022
-
-
-
-
Additions
683
54,295
1,603
56,581
At 31 March 2023
683
54,295
1,603
56,581
Charge for the period
13
4,472
401
4,886
At 31 March 2023
13
4,472
401
4,886
At 31 March 2023
670
49,823
1,202
51,695
Amounts falling due within one year
Accrued income and prepayments
40,499
6
Creditors: amounts falling due within one year
2023
Obligations under finance leases and hire purchase contracts
20,898
Taxes and social security
8,889
Loans from directors
(100)
7
Creditors: amounts falling due after more than one year
2023
Obligations under finance leases and hire purchase contracts
19,158
8
Average number of employees
During the period the average number of employees was 4.