IRIS Accounts Production v23.3.1.45 09872278 Board of Directors 1.4.22 31.3.23 31.3.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh098722782022-03-31098722782023-03-31098722782022-04-012023-03-31098722782021-03-31098722782021-04-012022-03-31098722782022-03-3109872278ns10:Originalns15:EnglandWales2022-04-012023-03-3109872278ns14:PoundSterlingns10:Original2022-04-012023-03-3109872278ns10:Originalns10:Director12022-04-012023-03-3109872278ns10:Original2022-04-012023-03-3109872278ns10:Original2023-03-3109872278ns10:Originalns10:PrivateLimitedCompanyLtd2022-04-012023-03-3109872278ns10:Originalns10:SmallEntities2022-04-012023-03-3109872278ns10:Originalns10:AuditExempt-NoAccountantsReport2022-04-012023-03-3109872278ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-04-012023-03-3109872278ns10:SmallCompaniesRegimeForAccountsns10:Original2022-04-012023-03-3109872278ns10:Originalns10:FullAccounts2022-04-012023-03-3109872278ns10:Originalns10:Director22022-04-012023-03-3109872278ns10:Originalns10:RegisteredOffice2022-04-012023-03-3109872278ns10:Original2022-03-3109872278ns10:Originalns5:CurrentFinancialInstruments2023-03-3109872278ns10:Originalns5:CurrentFinancialInstruments2022-03-3109872278ns10:Originalns5:Non-currentFinancialInstruments2023-03-3109872278ns10:Originalns5:Non-currentFinancialInstruments2022-03-3109872278ns5:ShareCapitalns10:Original2023-03-3109872278ns5:ShareCapitalns10:Original2022-03-3109872278ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-03-3109872278ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-03-3109872278ns10:Original2021-04-012022-03-3109872278ns10:Originalns5:PlantMachinery2022-03-3109872278ns10:Originalns5:PlantMachinery2022-04-012023-03-3109872278ns10:Originalns5:PlantMachinery2023-03-3109872278ns10:Originalns5:PlantMachinery2022-03-3109872278ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3109872278ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-03-31
REGISTERED NUMBER: 09872278 (England and Wales)
















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023

FOR

ENVY POS LIMITED

ENVY POS LIMITED (REGISTERED NUMBER: 09872278)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


ENVY POS LIMITED

COMPANY INFORMATION
for the Year Ended 31 March 2023







DIRECTORS: Miss L C Brant
A J Johnson





REGISTERED OFFICE: Unit 7
Uxbridge Road
Leicester
Leicestershire
LE4 7ST





REGISTERED NUMBER: 09872278 (England and Wales)





ACCOUNTANTS: SFB Group Limited
Chartered Accountants
Unit 8 Oak Spinney Park
Ratby Lane
Leicester Forest East
Leicester
LE3 3AW

ENVY POS LIMITED (REGISTERED NUMBER: 09872278)

BALANCE SHEET
31 March 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 5,098 5,664

CURRENT ASSETS
Stocks 60,600 55,000
Debtors 5 240,571 360,937
Cash at bank 48,246 45,805
349,417 461,742
CREDITORS
Amounts falling due within one year 6 301,768 399,277
NET CURRENT ASSETS 47,649 62,465
TOTAL ASSETS LESS CURRENT LIABILITIES 52,747 68,129

CREDITORS
Amounts falling due after more than one year 7 21,710 33,186
NET ASSETS 31,037 34,943

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 30,937 34,843
SHAREHOLDERS' FUNDS 31,037 34,943

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 January 2024 and were signed on its behalf by:




A J Johnson - Director


ENVY POS LIMITED (REGISTERED NUMBER: 09872278)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

Envy Pos 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 and represents the amount receivable for goods supplied, net of returns, discounts, valued added tax and other sales taxes.

Tangible fixed assets
Tangible fixed assets are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using either a straight line or reducing balance method, as indicated below.

Depreciation is provided on the following basis:
Plant and machinery10% per annum on net book amount

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Debtors
Basic financial assets, including trade and other debtors, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Such assets are subsequently carried at amortised cost using the effective interest method, less any impairment.

Creditors
Basic financial liabilities, including trade and other creditors, loans from third parties and loans from related parties, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Such instruments are subsequently carried at amortised cost using the effective interest method, less any impairment.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2022 - 7 ) .

ENVY POS LIMITED (REGISTERED NUMBER: 09872278)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1 April 2022
and 31 March 2023 8,307
DEPRECIATION
At 1 April 2022 2,643
Charge for year 566
At 31 March 2023 3,209
NET BOOK VALUE
At 31 March 2023 5,098
At 31 March 2022 5,664

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 223,499 346,092
Other debtors 17,072 14,845
240,571 360,937

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 83,133 109,941
Taxation and social security 31,083 46,963
Other creditors 187,552 242,373
301,768 399,277

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Other creditors 21,710 33,186