Registered number
12272646
Enter Homes Ltd
Filleted Accounts
31 October 2023
Enter Homes Ltd
Registered number: 12272646
Balance Sheet
as at 31 October 2023
Notes 2023 2022
£ £
Fixed assets
Intangible assets 3 672,000 287,000
Tangible assets 4 92,169 92,169
764,169 379,169
Current assets
Cash at bank and in hand 731 153
Creditors: amounts falling due within one year 5 (147,374) (1,000)
Net current liabilities (146,643) (847)
Total assets less current liabilities 617,526 378,322
Creditors: amounts falling due after more than one year 6 (655,733) (416,093)
Net liabilities (38,207) (37,771)
Capital and reserves
Called up share capital 100 100
Profit and loss account (38,307) (37,871)
Shareholders' funds (38,207) (37,771)
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
B Soued
Director
Approved by the board on 31 July 2024
Enter Homes Ltd
Notes to the Accounts
for the year ended 31 October 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 1 1
3 Intangible fixed assets £
Investment Properties
Cost
At 1 November 2022 287,000
Additions 385,000
At 31 October 2023 672,000
Amortisation
At 31 October 2023 -
Net book value
At 31 October 2023 672,000
At 31 October 2022 287,000
4 Tangible fixed assets
Land and buildings
£
Cost
At 1 November 2022 94,843
At 31 October 2023 94,843
Depreciation
At 1 November 2022 2,674
At 31 October 2023 2,674
Net book value
At 31 October 2023 92,169
At 31 October 2022 92,169
5 Creditors: amounts falling due within one year 2023 2022
£ £
Trade creditors 2,000 1,000
Other creditors 145,374 -
147,374 1,000
6 Creditors: amounts falling due after one year 2023 2022
£ £
Bank loans 381,443 186,342
Other creditors 274,290 229,751
655,733 416,093
7 Other information
Enter Homes Ltd is a private company limited by shares and incorporated in England. Its registered office is:
14 Montfitchet Walk
Stevenage
Herts
SG2 7DT
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