Registered number
12444545
ENERFIX LIMITED
Filleted Accounts
28 February 2023
ENERFIX LIMITED
Registered number: 12444545
Balance Sheet
as at 28 February 2023
Notes 2023 2022
£ £
Fixed assets
Tangible assets 3 399 496
Current assets
Stocks 45,140 5,020
Debtors 4 1,232 11,220
Cash at bank and in hand 4,129 6,698
50,501 22,938
Creditors: amounts falling due within one year 5 (39,819) (9,624)
Net current assets 10,682 13,314
Total assets less current liabilities 11,081 13,810
Creditors: amounts falling due after more than one year 6 (7,841) (10,725)
Net assets 3,240 3,085
Capital and reserves
Called up share capital 100 100
Profit and loss account 3,140 2,985
Shareholder's funds 3,240 3,085
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his 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.
Mehmet Baris AKKOC
Director
Approved by the board on 27 October 2023
ENERFIX LIMITED
Notes to the Accounts
for the period from 1 February 2022 to 28 February 2023
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 (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, excluding in the year of acquisition, at rates calculated to write off the cost, less estimated residual value, @18% per annum ( reducing balance method).
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A corporation tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A corporation tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Corporation tax assets and liabilities are not discounted.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Equipment
£
Cost
At 1 February 2022 737
At 28 February 2023 737
Depreciation
At 1 February 2022 241
Charge for the period 97
At 28 February 2023 338
Net book value
At 28 February 2023 399
At 31 January 2022 496
4 Debtors 2023 2022
£ £
Trade debtors 1,232 11,220
5 Creditors: amounts falling due within one year 2023 2022
£ £
Bank loans and overdrafts 10 -
Trade creditors 29,029 3,072
Taxation and social security costs 1,471 3,963
Other creditors 9,309 2,589
39,819 9,624
6 Creditors: amounts falling due after one year 2023 2022
£ £
Bank loans 7,841 10,725
7 Other information
ENERFIX LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
Unit 4 , Kinetica
13 Ramsgate Streeet
London
E8 2FD
ENERFIX LIMITED 12444545 false 2022-02-01 2023-02-28 2023-02-28 VT Final Accounts April 2022 Mehmet Baris AKKOC No description of principal activity 12444545 2021-02-01 2022-01-31 12444545 core:WithinOneYear 2022-01-31 12444545 core:AfterOneYear 2022-01-31 12444545 core:ShareCapital 2022-01-31 12444545 core:RetainedEarningsAccumulatedLosses 2022-01-31 12444545 2022-02-01 2023-02-28 12444545 bus:PrivateLimitedCompanyLtd 2022-02-01 2023-02-28 12444545 bus:AuditExemptWithAccountantsReport 2022-02-01 2023-02-28 12444545 bus:Director40 2022-02-01 2023-02-28 12444545 1 2022-02-01 2023-02-28 12444545 2 2022-02-01 2023-02-28 12444545 core:PlantMachinery 2022-02-01 2023-02-28 12444545 countries:England 2022-02-01 2023-02-28 12444545 bus:FRS102 2022-02-01 2023-02-28 12444545 bus:FullAccounts 2022-02-01 2023-02-28 12444545 2023-02-28 12444545 core:WithinOneYear 2023-02-28 12444545 core:AfterOneYear 2023-02-28 12444545 core:ShareCapital 2023-02-28 12444545 core:RetainedEarningsAccumulatedLosses 2023-02-28 12444545 core:PlantMachinery 2023-02-28 12444545 2022-01-31 12444545 core:PlantMachinery 2022-01-31 iso4217:GBP xbrli:pure