Company Registration No. 04976068 (England and Wales)
Downwell Enabling Limited
Amended Unaudited Accounts
for the year ended 30 November 2023
Downwell Enabling Limited
Amended Unaudited Accounts
Contents
Downwell Enabling Limited
Company Information
for the year ended 30 November 2023
Company Number
04976068 (England and Wales)
Registered Office
Newcastle House
Oliver Close
West Thurrock
Essex
RM20 3EE
England
Accountants
Pat & Co Ltd
153 Shirley Road
Croydon
Surrey
CR0 8SS
Downwell Enabling Limited
Statement of financial position
as at 30 November 2023
Tangible assets
4,750,655
5,640,688
Inventories
803,434
245,288
Cash at bank and in hand
744,750
-
Creditors: amounts falling due within one year
(1,812,909)
(1,048,691)
Net current assets
1,808,366
112,576
Total assets less current liabilities
6,559,021
5,753,264
Creditors: amounts falling due after more than one year
(1,583,186)
(2,338,137)
Net assets
4,975,835
3,415,127
Called up share capital
2
2
Profit and loss account
4,975,833
3,415,125
Shareholders' funds
4,975,835
3,415,127
For the year ending 30 November 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 16 April 2024 and were signed on its behalf by
Matthew Phillips
Director
Company Registration No. 04976068
Downwell Enabling Limited
Notes to the Accounts
for the year ended 30 November 2023
Downwell Enabling Limited is a private company, limited by shares, registered in England and Wales, registration number 04976068. The registered office is Newcastle House, Oliver Close, West Thurrock, Essex, RM20 3EE, England.
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.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
10% Reducing Balance
Motor vehicles
25% Reducing Balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 December 2022
8,102,801
732,221
8,835,022
Additions
683,628
51,402
735,030
Disposals
(851,000)
(240,000)
(1,091,000)
At 30 November 2023
7,935,429
543,623
8,479,052
At 1 December 2022
2,687,993
506,341
3,194,334
Charge for the year
609,843
69,320
679,163
On disposals
(85,100)
(60,000)
(145,100)
At 30 November 2023
3,212,736
515,661
3,728,397
At 30 November 2023
4,722,693
27,962
4,750,655
At 30 November 2022
5,414,808
225,880
5,640,688
Downwell Enabling Limited
Notes to the Accounts
for the year ended 30 November 2023
Amounts falling due within one year
Trade debtors
2,073,091
915,979
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
265,344
350,357
Obligations under finance leases and hire purchase contracts
902,305
277,815
Trade creditors
645,260
420,519
7
Creditors: amounts falling due after more than one year
2023
2022
Bank loans
136,037
896,555
Obligations under finance leases and hire purchase contracts
1,447,149
1,441,582
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
9
Average number of employees
During the year the average number of employees was 16 (2022: 16).