IRIS Accounts Production v23.3.0.418 13294451 Board of Directors 1.5.22 30.4.23 30.4.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh132944512022-04-30132944512023-04-30132944512022-05-012023-04-30132944512021-03-25132944512021-03-262022-04-30132944512022-04-3013294451ns10:Originalns15:EnglandWales2022-05-012023-04-3013294451ns14:PoundSterlingns10:Original2022-05-012023-04-3013294451ns10:Originalns10:Director12022-05-012023-04-3013294451ns10:Original2022-05-012023-04-3013294451ns10:Original2023-04-3013294451ns10:Originalns10:PrivateLimitedCompanyLtd2022-05-012023-04-3013294451ns10:Originalns10:SmallEntities2022-05-012023-04-3013294451ns10:Originalns10:AuditExempt-NoAccountantsReport2022-05-012023-04-3013294451ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-05-012023-04-3013294451ns10:SmallCompaniesRegimeForAccountsns10:Original2022-05-012023-04-3013294451ns10:Originalns10:FullAccounts2022-05-012023-04-3013294451ns10:Originalns10:Director22022-05-012023-04-3013294451ns10:Originalns10:Director32022-05-012023-04-3013294451ns10:Originalns10:Director42022-05-012023-04-3013294451ns10:Originalns10:Director52022-05-012023-04-3013294451ns10:Originalns10:RegisteredOffice2022-05-012023-04-3013294451ns10:Original2022-04-3013294451ns10:Originalns5:CurrentFinancialInstruments2023-04-3013294451ns10:Originalns5:CurrentFinancialInstruments2022-04-3013294451ns5:ShareCapitalns10:Original2023-04-3013294451ns5:ShareCapitalns10:Original2022-04-3013294451ns10:Originalns5:SharePremium2023-04-3013294451ns10:Originalns5:SharePremium2022-04-3013294451ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-04-3013294451ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-04-3013294451ns10:Original2021-03-262022-04-3013294451ns10:Originalns5:CostValuation2022-04-30
REGISTERED NUMBER: 13294451 (England and Wales)















ENTASIS HOLDINGS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

30TH APRIL 2023






ENTASIS HOLDINGS LIMITED (REGISTERED NUMBER: 13294451)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH APRIL 2023










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3 to 4


ENTASIS HOLDINGS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH APRIL 2023







DIRECTORS: Mr A J Salmon
Mr R W F Sharpe
Mr A D L Lewis
Mr A A Inchley
Mr N D Quinn





REGISTERED OFFICE: Dyer House
3 Dyer Street
CIRENCESTER
Gloucestershire
GL7 2PP





REGISTERED NUMBER: 13294451 (England and Wales)





ACCOUNTANTS: Morris Owen
Chartered Accountants
43-45 Devizes Road
SWINDON
Wiltshire
SN1 4BG

ENTASIS HOLDINGS LIMITED (REGISTERED NUMBER: 13294451)

STATEMENT OF FINANCIAL POSITION
30TH APRIL 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Investments 4 587 587

CURRENT ASSETS
Debtors 5 163,029 133,488
Cash at bank 1,062,995 535,480
1,226,024 668,968
CREDITORS
Amounts falling due within one year 6 197,119 139,681
NET CURRENT ASSETS 1,028,905 529,287
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,029,492

529,874

CAPITAL AND RESERVES
Called up share capital 629 602
Share premium 65,293 22,709
Retained earnings 963,570 506,563
1,029,492 529,874

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30th April 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.

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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30th November 2023 and were signed on its behalf by:




Mr N D Quinn - Director


ENTASIS HOLDINGS LIMITED (REGISTERED NUMBER: 13294451)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH APRIL 2023


1. STATUTORY INFORMATION

Entasis Holdings Limited is a private company, limited by shares, registered in England and Wales.

The company's registered number is 13294451.

The company's registered office address is Dyer House, 3 Dyer Street, Cirencester, GL7 2PP.

The presentation currency of the financial statements is the £ pound sterling.

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.

Significant judgements and estimates
In preparing these financial statements, the directors have made the following judgements:

- Determine whether leases entered into by the company as a lessee are operating leases or finance leases. These decisions depend on an assessment of whether the risks and rewards of ownership have been transferred from the lessor to the lessee on a lease by lease basis.

- Determine the period of useful economic life and any residual value of all tangible fixed assets order to write off the value of each asset over that period.

- Determine an appropriate provision for bad and doubtful debts by assessing the recoverability of all balances on a balance by balance basis.

- Determine an appropriate provision for dilapidations by assessing the probable future obligations expected to exist at the end of the property lease.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Financial instruments
Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Short term trade creditors are measured at the transaction price. Other financial liabilities, including loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

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 statement of financial position date.


ENTASIS HOLDINGS LIMITED (REGISTERED NUMBER: 13294451)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH APRIL 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 statement of financial position 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2022 - 5 ) .

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakin
£   
COST
At 1st May 2022
and 30th April 2023 587
NET BOOK VALUE
At 30th April 2023 587
At 30th April 2022 587

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Amounts owed by group undertakings 163,029 133,488

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 13 -
Other creditors 197,106 139,681
197,119 139,681