Company Registration No. 09538577 (England and Wales)
Enkay Investments Limited
Unaudited accounts
for the year ended 31 October 2023
Enkay Investments Limited
Unaudited accounts
Contents
Enkay Investments Limited
Company Information
for the year ended 31 October 2023
Company Number
09538577 (England and Wales)
Registered Office
Falconridge Gables Park
Gravesend Road, Wrotham
Sevenoaks
Kent
TN15 7QD
ENGLAND
Accountants
Harrison Bernstein Ltd
10 Harmer Street
Gravesend
Kent
DA12 2AX
Enkay Investments Limited
Statement of financial position
as at 31 October 2023
Intangible assets
45,000
45,000
Tangible assets
714,586
849,846
Investments
440,017
440,017
Cash at bank and in hand
(41,942)
(47,314)
Creditors: amounts falling due within one year
(576,902)
(529,765)
Net current assets
117,922
206,773
Total assets less current liabilities
1,317,525
1,541,636
Creditors: amounts falling due after more than one year
477
(312,090)
Net assets
1,318,002
1,229,546
Called up share capital
200
200
Profit and loss account
1,317,802
1,229,346
Shareholders' funds
1,318,002
1,229,546
For the year ending 31 October 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 17 June 2024 and were signed on its behalf by
Mr Sanjay Batra
Director
Company Registration No. 09538577
Enkay Investments Limited
Notes to the Accounts
for the year ended 31 October 2023
Enkay Investments Limited is a private company, limited by shares, registered in England and Wales, registration number 09538577. The registered office is Falconridge Gables Park, Gravesend Road, Wrotham, Sevenoaks, Kent, TN15 7QD, 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.
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.
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:
Land & buildings
Leasehold - 10% on reducing balance
Plant & machinery
25% on reducing balance
Fixtures & fittings
25% on reducing balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
Enkay Investments Limited
Notes to the Accounts
for the year ended 31 October 2023
5
Tangible fixed assets
Land & buildings
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 November 2022
908,196
1,039,513
1,947,709
At 31 October 2023
908,196
1,039,513
1,947,709
At 1 November 2022
393,516
704,347
1,097,863
Charge for the year
51,468
83,792
135,260
At 31 October 2023
444,984
788,139
1,233,123
At 31 October 2023
463,212
251,374
714,586
At 31 October 2022
514,680
335,166
849,846
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Investments
Subsidiary undertakings
Valuation at 1 November 2022
440,017
Valuation at 31 October 2023
440,017
The company holds 20% or more share capital in the following entities:
1. GR Fitness Ltd
1 share of £1 representing 100% of share capital acquired at £1 - Total Capital and Reserves - (169,120) - Profit/ (Loss) for the year - 30,786
2. SK Gym Group Ltd
10 shares of £1 each representing 100% of share capital acquired at £10 - Total Capital and Reserves - (151,967) - Profit/ (Loss) for the year - 65,918
3. Essar Investments Ltd
1 share of £1 representing 100% of share capital acquired at £1 - Total Capital and Reserves - (288,038) - Profit/ (Loss) for the year - 35,126
4. R & D Fitness Ltd
25 shares of £1 each representing 25% of share capital acquired at £440,000 - Total Capital and Reserves - 508,832 - Profit/ (Loss) for the year - 305,112
5. Radas Pizza Ltd
5 share of £1 each representing 50% of share capital acquired at £5 - Total Capital and Reserves - 26,914 - Profit/ (Loss) for the year - 173,289
Enkay Investments Limited
Notes to the Accounts
for the year ended 31 October 2023
Amounts falling due within one year
Other debtors
93,696
58,500
Amounts falling due after more than one year
Amounts due from group undertakings etc.
643,070
725,352
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Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
275,674
273,739
Amounts owed to group undertakings and other participating interests
200,000
200,000
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Creditors: amounts falling due after more than one year
2023
2022
Bank loans
189,099
425,134
Other creditors
(189,576)
(113,044)
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Transactions with related parties
S K Gym Group Ltd - Subsidiary of the reporting entity
Amount due from the related party - £107,229 - (LY: (£155,433)
G R Fitness Ltd - Subsidiary of the reporting entity
Amount due from the related party - £158,575 - (LY: (£205,810)
Essar Investments Ltd - Subsidiary of the reporting entity
Amount due from the related party - £405,134 - (LY: £373,315)
Radas Pizza Ltd - Reporting entity holds 50% of Share capital in the company
Amount due to the related party - £200,000 (LY: - £200,000)
Radas Fitness Ltd - Companies owned and controlled by the same person
Amount due to the related party - £27868, (LY: £9,206)
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Average number of employees
During the year the average number of employees was 1 (2022: 1).