IRIS Accounts Production v23.1.0.753 05964464 Board of Directors 1.11.22 31.10.23 31.10.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure059644642022-10-31059644642023-10-31059644642022-11-012023-10-31059644642021-10-31059644642021-11-012022-10-31059644642022-10-3105964464ns16:EnglandWales2022-11-012023-10-3105964464ns15:PoundSterling2022-11-012023-10-3105964464ns11:Director12022-11-012023-10-3105964464ns11:PrivateLimitedCompanyLtd2022-11-012023-10-3105964464ns11:SmallEntities2022-11-012023-10-3105964464ns11:AuditExempt-NoAccountantsReport2022-11-012023-10-3105964464ns11:SmallCompaniesRegimeForDirectorsReport2022-11-012023-10-3105964464ns11:SmallCompaniesRegimeForAccounts2022-11-012023-10-3105964464ns11:FullAccounts2022-11-012023-10-3105964464ns11:Director22022-11-012023-10-3105964464ns11:RegisteredOffice2022-11-012023-10-3105964464ns6:CurrentFinancialInstruments2023-10-3105964464ns6:CurrentFinancialInstruments2022-10-3105964464ns6:ShareCapital2023-10-3105964464ns6:ShareCapital2022-10-3105964464ns6:CapitalRedemptionReserve2023-10-3105964464ns6:CapitalRedemptionReserve2022-10-3105964464ns6:RetainedEarningsAccumulatedLosses2023-10-3105964464ns6:RetainedEarningsAccumulatedLosses2022-10-3105964464ns6:PlantMachinery2022-11-012023-10-3105964464ns6:PlantMachinery2022-10-3105964464ns6:PlantMachinery2023-10-3105964464ns6:PlantMachinery2022-10-3105964464ns6:WithinOneYearns6:CurrentFinancialInstruments2023-10-3105964464ns6:WithinOneYearns6:CurrentFinancialInstruments2022-10-3105964464ns6:RetainedEarningsAccumulatedLosses2022-10-3105964464ns6:CapitalRedemptionReserve2022-10-3105964464ns6:RetainedEarningsAccumulatedLosses2022-11-012023-10-31
REGISTERED NUMBER: 05964464 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 October 2023

for

Encompass Creative Limited

Encompass Creative Limited (Registered number: 05964464)






Contents of the Financial Statements
for the Year Ended 31 October 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Encompass Creative Limited

Company Information
for the Year Ended 31 October 2023







DIRECTORS: Mr N C Vinton
Mrs J M Vinton





REGISTERED OFFICE: 1 Sopwith Crescent
Wickford
Essex
SS11 8YU





REGISTERED NUMBER: 05964464 (England and Wales)






Encompass Creative Limited (Registered number: 05964464)

Balance Sheet
31 October 2023

31.10.23 31.10.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,187 1,000

CURRENT ASSETS
Stocks - 10
Debtors 5 39,271 3,653
Cash at bank and in hand 15,685 93,985
54,956 97,648
CREDITORS
Amounts falling due within one year 6 43,445 15,025
NET CURRENT ASSETS 11,511 82,623
TOTAL ASSETS LESS CURRENT
LIABILITIES

12,698

83,623

CAPITAL AND RESERVES
Called up share capital 50 50
Capital redemption reserve 7 50 50
Retained earnings 7 12,598 83,523
SHAREHOLDERS' FUNDS 12,698 83,623

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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.

Encompass Creative Limited (Registered number: 05964464)

Balance Sheet - continued
31 October 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 5 March 2024 and were signed on its behalf by:





Mr N C Vinton - Director


Encompass Creative Limited (Registered number: 05964464)

Notes to the Financial Statements
for the Year Ended 31 October 2023

1. STATUTORY INFORMATION

Encompass Creative 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.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% 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.

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.

3. EMPLOYEES AND DIRECTORS

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

Encompass Creative Limited (Registered number: 05964464)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 November 2022 7,185
Additions 583
At 31 October 2023 7,768
DEPRECIATION
At 1 November 2022 6,185
Charge for year 396
At 31 October 2023 6,581
NET BOOK VALUE
At 31 October 2023 1,187
At 31 October 2022 1,000

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Trade debtors 810 3,653
Other debtors 38,461 -
39,271 3,653

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Trade creditors 4,294 9,675
Taxation and social security 451 95
Other creditors 38,700 5,255
43,445 15,025

Encompass Creative Limited (Registered number: 05964464)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2023

7. RESERVES
Capital
Retained redemption
earnings reserve Totals
£    £    £   

At 1 November 2022 83,523 50 83,573
Profit for the year 4,075 4,075
Dividends (75,000 ) (75,000 )
At 31 October 2023 12,598 50 12,648