Company Registration No. 10350539 (England and Wales)
Enfunction Limited
Unaudited accounts
for the year ended 31 August 2023
Enfunction Limited
Unaudited accounts
Contents
Enfunction Limited
Company Information
for the year ended 31 August 2023
Company Number
10350539 (England and Wales)
Registered Office
19 Laurel Farm Close
Oxford
OX3 9DN
Accountants
Accounts and Returns Ltd
26 Smith St
Warwick
CV34 4HS
Enfunction Limited
Statement of financial position
as at 31 August 2023
Tangible assets
3,602
4,576
Cash at bank and in hand
22,401
16,858
Creditors: amounts falling due within one year
(11,100)
(26,988)
Net current assets
11,606
1,278
Called up share capital
20
20
Profit and loss account
15,188
5,834
Shareholders' funds
15,208
5,854
For the year ending 31 August 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 director acknowledges his 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 and authorised for issue on 15 September 2023 and were signed on its behalf by
Semen Trygubenko
Director
Company Registration No. 10350539
Enfunction Limited
Notes to the Accounts
for the year ended 31 August 2023
Enfunction Limited is a private company, limited by shares, registered in England and Wales, registration number 10350539. The registered office is 19 Laurel Farm Close, Oxford, OX3 9DN.
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 remained unchanged from the previous year, and also 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.
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
4
Tangible fixed assets
Plant & machinery
Cost or valuation
At valuation
At 1 September 2022
11,538
Enfunction Limited
Notes to the Accounts
for the year ended 31 August 2023
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
1,008
1,020
Taxes and social security
7,620
17,477
Loans from directors
2,472
3,139
7
Transactions with related parties
During the year, the company received a loan amounting to £2,472 from a member of key management personnel. The loan is to be repaid on demand and the rate of interest charged is 0%. At the balance sheet date, the loan was still outstanding and is presented within creditors: amounts falling due within one year.
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).