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REGISTERED NUMBER: 06895002 (England and Wales)















Report of the Director and

Unaudited Financial Statements for the Year Ended 31 May 2023

for

Enterprise Initiative Limited

Enterprise Initiative Limited (Registered number: 06895002)






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




Page

Company Information 1

Report of the Director 2

Income Statement 3

Balance Sheet 4

Notes to the Financial Statements 5


Enterprise Initiative Limited

Company Information
for the Year Ended 31 May 2023







DIRECTOR: C R Haines





SECRETARY:





REGISTERED OFFICE: 9 Tylneys Road
Halstead
Essex
CO9 2BG





REGISTERED NUMBER: 06895002 (England and Wales)





ACCOUNTANT: Anthony Ritchie
2 De Vere Lane
Wivenhoe
Colchester
Essex
C07 9AU

Enterprise Initiative Limited (Registered number: 06895002)

Report of the Director
for the Year Ended 31 May 2023

The director presents his report with the financial statements of the company for the year ended 31 May 2023.

PRINCIPAL ACTIVITY
The principal activity of the company in the year under review was that of expenses reduction management.

DIRECTOR
C R Haines held office during the whole of the period from 1 June 2022 to the date of this report.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





C R Haines - Director


29 March 2024

Enterprise Initiative Limited (Registered number: 06895002)

Income Statement
for the Year Ended 31 May 2023

31.5.23 31.5.22
£    £   

TURNOVER 53,493 1,709

Administrative expenses 39,686 15,826
OPERATING PROFIT/(LOSS) 13,807 (14,117 )


Interest payable and similar expenses 99 49
PROFIT/(LOSS) BEFORE TAXATION 13,708 (14,166 )

Tax on profit/(loss) - -
PROFIT/(LOSS) FOR THE FINANCIAL
YEAR

13,708

(14,166

)

Enterprise Initiative Limited (Registered number: 06895002)

Balance Sheet
31 May 2023

31.5.23 31.5.22
Notes £    £   
CURRENT ASSETS
Debtors 4 8,210 2,373
Cash at bank 2,483 88
10,693 2,461
CREDITORS
Amounts falling due within one year 5 99,243 104,719
NET CURRENT LIABILITIES (88,550 ) (102,258 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(88,550

)

(102,258

)

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings (88,551 ) (102,259 )
SHAREHOLDERS' FUNDS (88,550 ) (102,258 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the director and authorised for issue on 29 March 2024 and were signed by:





C R Haines - Director


Enterprise Initiative Limited (Registered number: 06895002)

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

1. STATUTORY INFORMATION

Enterprise Initiative 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Trade debtors 8,210 2,373

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Trade creditors 5,175 6,008
Other creditors 94,068 98,711
99,243 104,719