Company registration number: 14448599
Unaudited financial statements
for the period ended 31 October 2023
for
Enterprise House Developments Ltd
Pages for filing with the Registrar
Company registration number: 14448599
Enterprise House Developments Ltd
Balance sheet
as at 31 October 2023
Note £ £
Fixed assets
Tangible assets 4 152,800
152,800
Current assets
Cash at bank and in hand 4,662
4,662
Creditors: amounts falling due within
one year
(156,088)
Net current liabilities (151,426)
Total assets less current liabilities 1,374
NET ASSETS 1,374
Capital and reserves
Called up share capital 4
Profit and loss account 1,370
TOTAL EQUITY 1,374
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the period ended 31 October 2023.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
1
Company registration number: 14448599
Enterprise House Developments Ltd
Balance sheet - continued
as at 31 October 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 Profit and loss account has not been delivered to the Registrar.
These financial statements were approved by the Board of directors and authorised for issue on 23 April 2024 and signed on its behalf by:
Mr D Buckley, Director
23 April 2024
2
Enterprise House Developments Ltd
Notes to the financial statements
for the period ended 31 October 2023
1 Company information
The company is registered in England and Wales. Its registered number is 14448599. The company is limited by shares. Its registered office is 20-22 Wenlock Road, London, N1 7GU.
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 historic cost convention.
Going concern
In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
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.
Land and buildings:
Freehold property - No provision has been made for any depreciation on
these assets. Although this is a departure from the
accounting requirements of the Companies Act 2006,
which required such properties to be depreciated, the
directors consider that departure in this regard is
justified on the grounds of compliance with the
overriding requirement of section 396(2) of the
Companies Act 2006 for the financial statements to sho
Taxation
Taxation for the period comprises current taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current 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.
3
Enterprise House Developments Ltd
Notes to the financial statements - continued
for the period ended 31 October 2023
3 Average number of employees
During the period the average number of employees was 4.
4 Tangible fixed assets
Land and
buildings
£
Cost
Additions 212,800
Disposals (60,000)
At 31 October 2023 152,800
Depreciation
At 31 October 2023 -
Net book value
At 31 October 2023 152,800
5 Advances, credit and guarantees granted to directors
The following advances and credits to directors subsisted during the period ended 31 October 2023.
£
Mr Daniel Buckley
Amounts advanced (4,730)
Balance outstanding at end of period (4,730)
£
Mr Stephen Poskitt
Amounts advanced (77,223)
Balance outstanding at end of period (77,223)
4