IRIS Accounts Production v23.3.1.45 08324666 Board of Directors 1.10.22 30.9.23 30.9.23 false true false false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure083246662022-09-30083246662023-09-30083246662022-10-012023-09-30083246662021-09-30083246662021-10-012022-09-30083246662022-09-3008324666ns16:EnglandWales2022-10-012023-09-3008324666ns15:PoundSterling2022-10-012023-09-3008324666ns11:Director12022-10-012023-09-3008324666ns11:PrivateLimitedCompanyLtd2022-10-012023-09-3008324666ns11:SmallEntities2022-10-012023-09-3008324666ns11:AuditExempt-NoAccountantsReport2022-10-012023-09-3008324666ns11:SmallCompaniesRegimeForDirectorsReport2022-10-012023-09-3008324666ns11:SmallCompaniesRegimeForAccounts2022-10-012023-09-3008324666ns11:FullAccounts2022-10-012023-09-300832466612022-10-012023-09-3008324666ns11:OrdinaryShareClass12022-10-012023-09-3008324666ns6:CurrentFinancialInstruments2023-09-3008324666ns6:CurrentFinancialInstruments2022-09-3008324666ns6:Non-currentFinancialInstruments2023-09-3008324666ns6:Non-currentFinancialInstruments2022-09-3008324666ns6:ShareCapital2023-09-3008324666ns6:ShareCapital2022-09-3008324666ns6:RetainedEarningsAccumulatedLosses2023-09-3008324666ns6:RetainedEarningsAccumulatedLosses2022-09-3008324666ns11:RegisteredOffice2022-10-012023-09-3008324666ns6:NetGoodwill2022-10-012023-09-3008324666ns6:IntangibleAssetsOtherThanGoodwill2022-10-012023-09-3008324666ns6:PlantMachinery2022-10-012023-09-3008324666ns6:FurnitureFittings2022-10-012023-09-3008324666ns6:MotorVehicles2022-10-012023-09-3008324666ns6:ComputerEquipment2022-10-012023-09-3008324666ns6:NetGoodwill2022-09-3008324666ns6:PatentsTrademarksLicencesConcessionsSimilar2022-09-3008324666ns6:PatentsTrademarksLicencesConcessionsSimilar2022-10-012023-09-3008324666ns6:NetGoodwill2023-09-3008324666ns6:PatentsTrademarksLicencesConcessionsSimilar2023-09-3008324666ns6:NetGoodwill2022-09-3008324666ns6:PatentsTrademarksLicencesConcessionsSimilar2022-09-3008324666ns6:PlantMachinery2022-09-3008324666ns6:FurnitureFittings2022-09-3008324666ns6:MotorVehicles2022-09-3008324666ns6:ComputerEquipment2022-09-3008324666ns6:PlantMachinery2023-09-3008324666ns6:FurnitureFittings2023-09-3008324666ns6:MotorVehicles2023-09-3008324666ns6:ComputerEquipment2023-09-3008324666ns6:PlantMachinery2022-09-3008324666ns6:FurnitureFittings2022-09-3008324666ns6:MotorVehicles2022-09-3008324666ns6:ComputerEquipment2022-09-3008324666ns6:PlantMachineryns6:LeasedAssetsHeldAsLessee2022-09-3008324666ns6:MotorVehiclesns6:LeasedAssetsHeldAsLessee2022-09-3008324666ns6:LeasedAssetsHeldAsLessee2022-09-3008324666ns6:PlantMachineryns6:LeasedAssetsHeldAsLessee2022-10-012023-09-3008324666ns6:MotorVehiclesns6:LeasedAssetsHeldAsLessee2022-10-012023-09-3008324666ns6:LeasedAssetsHeldAsLessee2022-10-012023-09-3008324666ns6:PlantMachineryns6:LeasedAssetsHeldAsLessee2023-09-3008324666ns6:MotorVehiclesns6:LeasedAssetsHeldAsLessee2023-09-3008324666ns6:LeasedAssetsHeldAsLessee2023-09-3008324666ns6:PlantMachineryns6:LeasedAssetsHeldAsLessee2022-09-3008324666ns6:MotorVehiclesns6:LeasedAssetsHeldAsLessee2022-09-3008324666ns6:LeasedAssetsHeldAsLessee2022-09-3008324666ns6:WithinOneYearns6:CurrentFinancialInstruments2023-09-3008324666ns6:WithinOneYearns6:CurrentFinancialInstruments2022-09-3008324666ns6:Non-currentFinancialInstruments2022-10-012023-09-3008324666ns6:DeferredTaxation2022-09-3008324666ns6:DeferredTaxation2022-10-012023-09-3008324666ns6:DeferredTaxation2023-09-3008324666ns11:OrdinaryShareClass12023-09-3008324666ns11:Director112022-09-3008324666ns11:Director112021-09-3008324666ns11:Director112022-10-012023-09-3008324666ns11:Director112021-10-012022-09-3008324666ns11:Director112023-09-3008324666ns11:Director112022-09-3008324666ns6:OtherRelatedPartyRelationshipType1ComponentTotalRelatedParties2022-10-012023-09-30
REGISTERED NUMBER: 08324666 (England and Wales)
























UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2023

FOR

ENDEAVOUR 129 LIMITED
TRADING AS
SEAT SURGEONS

ENDEAVOUR 129 LIMITED (REGISTERED NUMBER: 08324666)
TRADING AS SEAT SURGEONS

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023










Page

Balance Sheet 1

Notes to the Financial Statements 3


ENDEAVOUR 129 LIMITED (REGISTERED NUMBER: 08324666)
TRADING AS SEAT SURGEONS

BALANCE SHEET
30 SEPTEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 4,200 5,601
Tangible assets 5 392,587 276,733
396,787 282,334

CURRENT ASSETS
Stocks 6,563 11,210
Debtors 6 119,538 125,621
Cash at bank and in hand 104,440 126,826
230,541 263,657
CREDITORS
Amounts falling due within one year 7 400,634 267,213
NET CURRENT LIABILITIES (170,093 ) (3,556 )
TOTAL ASSETS LESS CURRENT LIABILITIES 226,694 278,778

CREDITORS
Amounts falling due after more than
one year

8

(158,863

)

(109,135

)

PROVISIONS FOR LIABILITIES 11 (113,586 ) (47,175 )
NET (LIABILITIES)/ASSETS (45,755 ) 122,468

CAPITAL AND RESERVES
Called up share capital 12 10 10
Retained earnings (45,765 ) 122,458
SHAREHOLDERS' FUNDS (45,755 ) 122,468

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

ENDEAVOUR 129 LIMITED (REGISTERED NUMBER: 08324666)
TRADING AS SEAT SURGEONS

BALANCE SHEET - continued
30 SEPTEMBER 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 1 March 2024 and were signed on its behalf by:





P A Hewitt - Director


ENDEAVOUR 129 LIMITED (REGISTERED NUMBER: 08324666)
TRADING AS SEAT SURGEONS

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023


1. STATUTORY INFORMATION

Endeavour 129 Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 08324666

Registered office: Unit 5 And 6 High Roans Business Park
Sheriff Hutton Business Park
Strensall
York
North Yorkshire
YO32 5TR

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.

These financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £1.

Turnover
Turnover is measured at the fair value of the consideration received or receivable in respect of the sale of bespoke seats for automobiles. Turnover excludes value added tax and other sales taxes.

Goodwill
Goodwill relates to the amount paid in connection with the acquisition of the business, being amortised evenly over its useful life.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses. The useful economic life of the intangible assets is 5 years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 25% on cost
Fixtures and fittings - 25% on cost
Motor vehicles - 25% on cost
Computer equipment - 25% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.


ENDEAVOUR 129 LIMITED (REGISTERED NUMBER: 08324666)
TRADING AS SEAT SURGEONS

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2023


2. ACCOUNTING POLICIES - continued
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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Going concern
At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

Cash at bank and in hand
Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts.

ENDEAVOUR 129 LIMITED (REGISTERED NUMBER: 08324666)
TRADING AS SEAT SURGEONS

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2023


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2022 - 11 ) .

4. INTANGIBLE FIXED ASSETS
Patents
and
Goodwill licences Totals
£    £    £   
COST
At 1 October 2022
and 30 September 2023 1 7,000 7,001
AMORTISATION
At 1 October 2022 - 1,400 1,400
Amortisation for year 1 1,400 1,401
At 30 September 2023 1 2,800 2,801
NET BOOK VALUE
At 30 September 2023 - 4,200 4,200
At 30 September 2022 1 5,600 5,601

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 October 2022 274,290 85,685 156,453 20,648 537,076
Additions 189,194 14,560 66,350 341 270,445
Disposals - - (14,500 ) - (14,500 )
At 30 September 2023 463,484 100,245 208,303 20,989 793,021
DEPRECIATION
At 1 October 2022 108,291 45,373 91,518 15,161 260,343
Charge for year 94,921 15,108 42,896 1,666 154,591
Eliminated on disposal - - (14,500 ) - (14,500 )
At 30 September 2023 203,212 60,481 119,914 16,827 400,434
NET BOOK VALUE
At 30 September 2023 260,272 39,764 88,389 4,162 392,587
At 30 September 2022 165,999 40,312 64,935 5,487 276,733

ENDEAVOUR 129 LIMITED (REGISTERED NUMBER: 08324666)
TRADING AS SEAT SURGEONS

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2023


5. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 October 2022 141,670 81,108 222,778
Additions 162,000 66,350 228,350
At 30 September 2023 303,670 147,458 451,128
DEPRECIATION
At 1 October 2022 43,306 42,244 85,550
Charge for year 69,167 28,271 97,438
At 30 September 2023 112,473 70,515 182,988
NET BOOK VALUE
At 30 September 2023 191,197 76,943 268,140
At 30 September 2022 98,364 38,864 137,228

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 73,145 73,188
Other debtors 46,393 52,433
119,538 125,621

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 10,000 10,000
Hire purchase contracts (see note 9) 52,217 24,098
Taxation and social security 48,520 30,348
Other creditors 289,897 202,767
400,634 267,213

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans 18,333 28,333
Hire purchase contracts (see note 9) 140,530 80,802
158,863 109,135

Amounts falling due in more than five years:

Repayable by instalments
Hire purchase 8,402 12,600

ENDEAVOUR 129 LIMITED (REGISTERED NUMBER: 08324666)
TRADING AS SEAT SURGEONS

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2023


8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued

The bank loan is repayable over 6 years, with no repayment due for the first year. Interest is charged at a rate of 2.5% commencing after 1 year. The loan is due to mature in July 2026.

9. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts
2023 2022
Net obligations repayable: £    £   

Within one year 52,217 24,098
Between one and five years 132,128 68,202
In more than five years 8,402 12,600
192,747 104,900

10. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Hire purchase contracts 192,747 104,900

Hire purchase contracts are secured against the assets to which they relate.

11. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax 113,586 47,175

Deferred
tax
£   
Balance at 1 October 2022 47,175
Provided during year 66,411
Balance at 30 September 2023 113,586

12. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
10 Ordinary £1 10 10

ENDEAVOUR 129 LIMITED (REGISTERED NUMBER: 08324666)
TRADING AS SEAT SURGEONS

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2023


13. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 September 2023 and 30 September 2022:

2023 2022
£    £   
P A Hewitt
Balance outstanding at start of year (12,117 ) 12,927
Amounts advanced 4,587 18,456
Amounts repaid (100,000 ) (43,500 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (107,530 ) (12,117 )

14. RELATED PARTY DISCLOSURES

Included in other debtors is a balance £29,833 owed to Z Edition Ltd, a company with a common director.