Caseware UK (AP4) 2023.0.135 2023.0.135 true2022-11-23true0falseHolding Company0The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 14501870 2022-11-22 14501870 2022-11-23 2023-12-31 14501870 2021-11-23 2022-11-22 14501870 2023-12-31 14501870 c:Director2 2022-11-23 2023-12-31 14501870 d:CurrentFinancialInstruments 2023-12-31 14501870 d:Non-currentFinancialInstruments 2023-12-31 14501870 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 14501870 d:Non-currentFinancialInstruments d:AfterOneYear 2023-12-31 14501870 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-12-31 14501870 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-12-31 14501870 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2023-12-31 14501870 d:ShareCapital 2023-12-31 14501870 d:MergerReserve 2022-11-23 2023-12-31 14501870 d:MergerReserve 2023-12-31 14501870 c:OrdinaryShareClass1 2022-11-23 2023-12-31 14501870 c:OrdinaryShareClass1 2023-12-31 14501870 c:OrdinaryShareClass2 2022-11-23 2023-12-31 14501870 c:OrdinaryShareClass2 2023-12-31 14501870 c:OrdinaryShareClass3 2022-11-23 2023-12-31 14501870 c:OrdinaryShareClass3 2023-12-31 14501870 c:EntityHasNeverTraded 2022-11-23 2023-12-31 14501870 c:FRS102 2022-11-23 2023-12-31 14501870 c:AuditExempt-NoAccountantsReport 2022-11-23 2023-12-31 14501870 c:FullAccounts 2022-11-23 2023-12-31 14501870 c:PrivateLimitedCompanyLtd 2022-11-23 2023-12-31 14501870 6 2022-11-23 2023-12-31 14501870 e:PoundSterling 2022-11-23 2023-12-31 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 14501870









Enspec Holdings Limited







Unaudited

Annual Report and Financial Statements

Information for filing with the registrar

For the period ended 31 December 2023

 
ENSPEC HOLDINGS LIMITED
Registered number: 14501870

Balance Sheet
As at 31 December 2023

2023
Note
£

Fixed assets
  

Investments
 4 
3,528,756

  
3,528,756

Current assets
  

Debtors
  
2,000

  
2,000

Creditors: amounts falling due within one year
 5 
(951,887)

Net current (liabilities)/assets
  
 
 
(949,887)

Total assets less current liabilities
  
2,578,869

Creditors: amounts falling due after more than one year
 6 
(1,976,869)

  

Net assets
  
602,000


Capital and reserves
  

Called up share capital 
 8 
2,000

Merger reserve
 9 
600,000

  
602,000


Page 1

 
ENSPEC HOLDINGS LIMITED
Registered number: 14501870
    
Balance Sheet (continued)
As at 31 December 2023

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the Period in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




................................................
T P Rastall
Director

Date: 22 August 2024

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
ENSPEC HOLDINGS LIMITED
 
 
 
Notes to the Financial Statements
For the period ended 31 December 2023

1.


General information

Enspec Holdings Limited is a private company limited by share capital. The Company is incorporated in England,
company number 14501870. The address of the registered office and principal place of business is 6 Waterside Court, St. Helens, WA9 1UA.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgement in applying the Company's accounting policies.

The following principal accounting policies have been applied:

 
2.2

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.3

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.4

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

  
2.5

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders.


3.


Employees

The Company has no employees other than the directors, who did not receive any remuneration.

Page 3

 
ENSPEC HOLDINGS LIMITED
 
 
 
Notes to the Financial Statements
For the period ended 31 December 2023

4.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


Additions
3,528,756



At 31 December 2023
3,528,756




On 20 February 2023, the company acquired 100% of the share capital of Enspec Power Limited for total consideration of £3,528,756.


5.


Creditors: Amounts falling due within one year

2023
£

Other loans
452,739

Amounts owed to group undertakings
389,267

Other creditors
109,881

951,887



6.


Creditors: Amounts falling due after more than one year

2023
£

Other loans
1,686,750

Other creditors
290,119

1,976,869


The aggregate amount of liabilities repayable wholly or in part more than five years after the balance sheet date is:

2023
£


Repayable by instalments
82,857

82,857

Other loans is in respect of loan notes which are repayable by instalments for a period greater than 5 years. Interest is charged at a rate of 1.175% from March 2026. 

Page 4

 
ENSPEC HOLDINGS LIMITED
 
 
 
Notes to the Financial Statements
For the period ended 31 December 2023

7.


Loans


Analysis of the maturity of loans is given below:


2023
£

Amounts falling due within one year

Other loans
452,739


452,739

Amounts falling due 1-2 years

Other loans
975,833


975,833

Amounts falling due 2-5 years

Other loans
628,060


628,060

Amounts falling due after more than 5 years

Other loans
82,857

82,857

2,139,489



8.


Share capital

2023
£
Allotted, called up and fully paid


750 Ordinary A shares of £1.00 each
750
750 Ordinary B shares of £1.00 each
750
500 Ordinary C shares of £1.00 each
500

2,000


The company issued 1 ordinary share of £1 on incorporation. On 20 February 2023 the share was reclassified as 1 ordinary A share. On the same date the company issued a further 749 A shares of £1 each, 750 ordinary B shares of £1, and 500 ordinary C shares of £1.

Page 5

 
ENSPEC HOLDINGS LIMITED
 
 
 
Notes to the Financial Statements
For the period ended 31 December 2023

9.


Reserves

Merger Reserve

A merger reserve arose on a business combination that was accounted for as a merger in accordance with UK GAAP.

Page 6