IRIS Accounts Production v24.1.9.2 08762798 director 1.12.22 30.11.23 30.11.23 true false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh087627982022-11-30087627982023-11-30087627982022-12-012023-11-30087627982021-11-30087627982021-12-012022-11-30087627982022-11-3008762798ns15:EnglandWales2022-12-012023-11-3008762798ns14:PoundSterling2022-12-012023-11-3008762798ns10:Director12022-12-012023-11-3008762798ns10:PrivateLimitedCompanyLtd2022-12-012023-11-3008762798ns10:SmallEntities2022-12-012023-11-3008762798ns10:AuditExempt-NoAccountantsReport2022-12-012023-11-3008762798ns10:SmallCompaniesRegimeForDirectorsReport2022-12-012023-11-3008762798ns10:SmallCompaniesRegimeForAccounts2022-12-012023-11-3008762798ns10:FullAccounts2022-12-012023-11-3008762798ns10:OrdinaryShareClass12022-12-012023-11-3008762798ns10:RegisteredOffice2022-12-012023-11-3008762798ns5:CurrentFinancialInstruments2023-11-3008762798ns5:CurrentFinancialInstruments2022-11-3008762798ns5:ShareCapital2023-11-3008762798ns5:ShareCapital2022-11-3008762798ns5:RetainedEarningsAccumulatedLosses2023-11-3008762798ns5:RetainedEarningsAccumulatedLosses2022-11-3008762798ns5:FurnitureFittings2022-12-012023-11-3008762798ns5:MotorVehicles2022-12-012023-11-3008762798ns5:FurnitureFittings2022-11-3008762798ns5:MotorVehicles2022-11-3008762798ns5:FurnitureFittings2023-11-3008762798ns5:MotorVehicles2023-11-3008762798ns5:FurnitureFittings2022-11-3008762798ns5:MotorVehicles2022-11-3008762798ns5:UnlistedNon-exchangeTradedns5:AdditionsToInvestments2023-11-3008762798ns5:UnlistedNon-exchangeTradedns5:CostValuation2023-11-3008762798ns5:UnlistedNon-exchangeTraded2023-11-3008762798ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-11-3008762798ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-11-3008762798ns5:WithinOneYear2023-11-3008762798ns5:WithinOneYear2022-11-3008762798ns5:BetweenOneFiveYears2023-11-3008762798ns5:BetweenOneFiveYears2022-11-3008762798ns5:AllPeriods2023-11-3008762798ns5:AllPeriods2022-11-3008762798ns5:DeferredTaxation2022-11-3008762798ns5:DeferredTaxation2023-11-3008762798ns10:OrdinaryShareClass12023-11-30
REGISTERED NUMBER: 08762798 (England and Wales)















Unaudited Financial Statements

for the Year Ended

30 November 2023

for

Ennovision Technology Solutions Limited

Ennovision Technology Solutions Limited (Registered number: 08762798)






Contents of the Financial Statements
for the Year Ended 30 November 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Ennovision Technology Solutions Limited

Company Information
for the Year Ended 30 November 2023







DIRECTOR: Mrs V Gandhi





REGISTERED OFFICE: G18.4 Regus Cardinal Point
Park Road
Rickmansworth
Hertfordshire
WD3 1RE





REGISTERED NUMBER: 08762798 (England and Wales)






Ennovision Technology Solutions Limited (Registered number: 08762798)

Balance Sheet
30 November 2023

30/11/23 30/11/22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 32,856 42,788
Investments 6 186,000 -
218,856 42,788

CURRENT ASSETS
Debtors 7 489,646 483,347
Cash at bank 359,035 338,586
848,681 821,933
CREDITORS
Amounts falling due within one year 8 405,348 386,298
NET CURRENT ASSETS 443,333 435,635
TOTAL ASSETS LESS CURRENT LIABILITIES 662,189 478,423

PROVISIONS FOR LIABILITIES 10 944 1,831
NET ASSETS 661,245 476,592

CAPITAL AND RESERVES
Called up share capital 11 100 100
Retained earnings 661,145 476,492
SHAREHOLDERS' FUNDS 661,245 476,592

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 8 August 2024 and were signed by:




Mrs V Gandhi - Director


Ennovision Technology Solutions Limited (Registered number: 08762798)

Notes to the Financial Statements
for the Year Ended 30 November 2023

1. STATUTORY INFORMATION

Ennovision Technology Solutions Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Turnover
The turnover shown in the Income statement represents net value of services supplied during the year, exclusive of Value Added Tax.

Turnover represents the net value of services provided under contracts to the extent that there is a right to consideration and it is recorded at the fair value of the consideration due.

Where a contract has only been partially completed at the balance sheet date, turnover represents the value of the service provided to date based on a proportion of the total expected consideration at completion. Where payments are received from customers or sales invoices are raised in advance of services provided, the amounts are recorded as deferred Income and included as part of creditors due within one year.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures, fittings & equipment - 33.33% on cost
Motor vehicles - 25% on reducing balance

Financial instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans with banks and other third parties and loans with related parties.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Income statement.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred 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.


Ennovision Technology Solutions Limited (Registered number: 08762798)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

3. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Research and development
Expenditure on research and development is written off in the year in which it is incurred.


Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to Income statement on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates defined contribution pension schemes. Contributions payable to the company's pension schemes are charged to the Income statement in the period to which they relate.

Going concern
The company meets its day-to-day working capital requirements through careful management of its working capital positions. After making enquiries, the Director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.

Holiday pay accruals
A liability is recognised to the extent of any unused holiday pay entitlement which is accrued at the balance sheet date and carried forward to future periods. Such a liability is measured at the undiscounted salary cost of the future holiday entitlement so accrued at the balance sheet date.

Fixed asset investments
Fixed asset investments in equity shares of other companies are measured at fair value, with changes in fair value recognised in the Income Statement, if the shares are publicly traded or if the fair value can otherwise be measured reliably. Where it is not possible to measure their fair value reliably, such investments are measured at cost less impairment.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2022 - 12 ) .

Ennovision Technology Solutions Limited (Registered number: 08762798)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

5. TANGIBLE FIXED ASSETS
Fixtures,
fittings Motor
& equipment vehicles Totals
£    £    £   
COST
At 1 December 2022 8,820 43,250 52,070
Additions 2,097 - 2,097
At 30 November 2023 10,917 43,250 54,167
DEPRECIATION
At 1 December 2022 7,480 1,802 9,282
Charge for year 1,667 10,362 12,029
At 30 November 2023 9,147 12,164 21,311
NET BOOK VALUE
At 30 November 2023 1,770 31,086 32,856
At 30 November 2022 1,340 41,448 42,788

6. FIXED ASSET INVESTMENTS
Unlisted
investments
£   
COST
Additions 186,000
At 30 November 2023 186,000
NET BOOK VALUE
At 30 November 2023 186,000

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/11/23 30/11/22
£    £   
Trade debtors 234,233 239,651
Other debtors 255,413 243,696
489,646 483,347

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/11/23 30/11/22
£    £   
Trade creditors 163,790 108,610
Taxation and social security 148,664 164,703
Other creditors 92,894 112,985
405,348 386,298

Ennovision Technology Solutions Limited (Registered number: 08762798)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

9. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
30/11/23 30/11/22
£    £   
Within one year 6,502 1,678
Between one and five years 2,216 -
8,718 1,678

10. PROVISIONS FOR LIABILITIES
30/11/23 30/11/22
£    £   
Deferred tax 944 1,831

Deferred
tax
£   
Balance at 1 December 2022 1,831
Accelerated capital allowances (887 )
Balance at 30 November 2023 944

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30/11/23 30/11/22
value: £    £   
100 Ordinary £1 100 100

12. RELATED PARTY DISCLOSURES

Included within Creditors were following balances owed to a director of the company:-

30/11/23 30/11/22
£    £   
Directors current account 32,221 32,247

The above balance was interest-free and repayable on demand.