Company Registration No. 09080383 (England and Wales)
Enterprise Plumbing LTD
Unaudited accounts
for the year ended 30 June 2023
Enterprise Plumbing LTD
Unaudited accounts
Contents
Enterprise Plumbing LTD
Statement of financial position
as at 30 June 2023
Tangible assets
10,976
15,944
Cash at bank and in hand
2,303
371
Creditors: amounts falling due within one year
(42,675)
(36,762)
Net current (liabilities)/assets
(13,579)
2,161
Total assets less current liabilities
(2,603)
18,105
Creditors: amounts falling due after more than one year
(12,881)
(21,156)
Net liabilities
(15,484)
(3,051)
Called up share capital
3
3
Profit and loss account
(15,487)
(3,054)
Shareholders' funds
(15,484)
(3,051)
For the year ending 30 June 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 6 March 2024 and were signed on its behalf by
Lee John Ratcliffe
Director
Company Registration No. 09080383
Enterprise Plumbing LTD
Notes to the Accounts
for the year ended 30 June 2023
Enterprise Plumbing LTD is a private company, limited by shares, registered in England and Wales, registration number 09080383. The registered office is 2 Swallow Rise, CHATHAM, Chatham, Kent, ME5 7PR, United Kingdom.
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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Enterprise Plumbing LTD
Notes to the Accounts
for the year ended 30 June 2023
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 July 2022
4,160
22,000
388
26,548
At 30 June 2023
4,482
22,000
1,058
27,540
At 1 July 2022
3,646
6,875
83
10,604
Charge for the year
205
5,500
255
5,960
At 30 June 2023
3,851
12,375
338
16,564
At 30 June 2023
631
9,625
720
10,976
At 30 June 2022
514
15,125
305
15,944
Amounts falling due within one year
Trade debtors
24,471
11,732
Other debtors
2,322
26,820
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
8,365
5,508
Obligations under finance leases and hire purchase contracts
4,396
4,395
Trade creditors
4,280
5,409
Taxes and social security
11,060
12,418
Deferred income
13,974
8,600
7
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
3,297
7,691
Enterprise Plumbing LTD
Notes to the Accounts
for the year ended 30 June 2023
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
DLA
26,821
26,901
51,400
2,322
26,821
26,901
51,400
2,322
9
Average number of employees
During the year the average number of employees was 1 (2022: 1).