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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
Page
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Downwell Enabling Limited Company Information for the year ended 30 November 2023
Director
Matthew Phillips
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
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Downwell Enabling Limited Statement of financial position as at 30 November 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
4,750,655 
5,640,688 
Current assets
Inventories
803,434 
245,288 
Debtors
2,073,091 
915,979 
Cash at bank and in hand
744,750 
- 
3,621,275 
1,161,267 
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 
Capital and reserves
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
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Downwell Enabling Limited Notes to the Accounts for the year ended 30 November 2023
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
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 
Depreciation
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 
Net book value
At 30 November 2023
4,722,693 
27,962 
4,750,655 
At 30 November 2022
5,414,808 
225,880 
5,640,688 
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Downwell Enabling Limited Notes to the Accounts for the year ended 30 November 2023
5
Debtors
2023 
2022 
£ 
£ 
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 
1,812,909 
1,048,691 
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 
1,583,186 
2,338,137 
8
Share capital
2023 
2022 
£ 
£ 
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).
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