Acorah Software Products - Accounts Production 15.0.600 false true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 05307131 Mr Gaetano Sallesio iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05307131 2022-12-31 05307131 2023-12-31 05307131 2023-01-01 2023-12-31 05307131 frs-core:CurrentFinancialInstruments 2023-12-31 05307131 frs-core:Non-currentFinancialInstruments 2023-12-31 05307131 frs-core:ComputerEquipment 2023-12-31 05307131 frs-core:ComputerEquipment 2023-01-01 2023-12-31 05307131 frs-core:ComputerEquipment 2022-12-31 05307131 frs-core:FurnitureFittings 2023-01-01 2023-12-31 05307131 frs-core:MotorVehicles 2023-12-31 05307131 frs-core:MotorVehicles 2023-01-01 2023-12-31 05307131 frs-core:MotorVehicles 2022-12-31 05307131 frs-core:PlantMachinery 2023-12-31 05307131 frs-core:PlantMachinery 2023-01-01 2023-12-31 05307131 frs-core:PlantMachinery 2022-12-31 05307131 frs-core:SharePremium 2023-01-01 2023-12-31 05307131 frs-core:SharePremium 2023-12-31 05307131 frs-core:ShareCapital 2023-01-01 2023-12-31 05307131 frs-core:ShareCapital 2023-12-31 05307131 frs-core:RetainedEarningsAccumulatedLosses 2023-01-01 2023-12-31 05307131 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 05307131 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 05307131 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 05307131 frs-bus:SmallEntities 2023-01-01 2023-12-31 05307131 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 05307131 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 05307131 frs-core:UnlistedNon-exchangeTraded 2023-12-31 05307131 frs-core:UnlistedNon-exchangeTraded 2022-12-31 05307131 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2022-12-31 05307131 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-12-31 05307131 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2022-12-31 05307131 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-12-31 05307131 frs-bus:Director1 2023-01-01 2023-12-31 05307131 frs-countries:EnglandWales 2023-01-01 2023-12-31 05307131 2021-12-31 05307131 2022-12-31 05307131 2022-01-01 2022-12-31 05307131 frs-core:CurrentFinancialInstruments 2022-12-31 05307131 frs-core:Non-currentFinancialInstruments 2022-12-31 05307131 frs-core:SharePremium 2022-01-01 2022-12-31 05307131 frs-core:SharePremium 2021-12-31 05307131 frs-core:SharePremium 2022-12-31 05307131 frs-core:ShareCapital 2022-01-01 2022-12-31 05307131 frs-core:ShareCapital 2021-12-31 05307131 frs-core:ShareCapital 2022-12-31 05307131 frs-core:RetainedEarningsAccumulatedLosses 2022-01-01 2022-12-31 05307131 frs-core:RetainedEarningsAccumulatedLosses frs-core:PreviouslyStatedAmount 2021-12-31 05307131 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 05307131
ENOPOLI LIMITED
Unaudited Financial Statements
For The Year Ended 31 December 2023
SIMPARTNERS LTD
Contents
Page
Balance Sheet 1—2
Statement of Changes in Equity 3
Notes to the Financial Statements 4—6
Page 1
Balance Sheet
Registered number: 05307131
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,283 2,519
Investments 5 31,500 31,500
33,783 34,019
CURRENT ASSETS
Stocks 6 40,000 11,500
Debtors 7 15,874 10,740
Cash at bank and in hand 7,221 9,029
63,095 31,269
Creditors: Amounts Falling Due Within One Year 9 (22,237 ) (23,797 )
NET CURRENT ASSETS (LIABILITIES) 40,858 7,472
TOTAL ASSETS LESS CURRENT LIABILITIES 74,641 41,491
Creditors: Amounts Falling Due After More Than One Year 10 (19,600 ) (22,433 )
NET ASSETS 55,041 19,058
CAPITAL AND RESERVES
Called up share capital 11 24 24
Share premium account 55,017 19,034
SHAREHOLDERS' FUNDS 55,041 19,058
Page 1
Page 2
For the year ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Gaetano Sallesio
Director
13/07/2024
The notes on pages 4 to 6 form part of these financial statements.
Page 2
Page 3
Statement of Changes in Equity
Share Capital Share Premium Profit and Loss Account Total
£ £ £ £
As at 1 January 2022 24 - 56,164 56,188
Profit for the year and total comprehensive income - - 21,854 21,854
Dividends paid - - (21,854) (21,854)
Purchase of own shares - 19,034 (56,164 ) (37,130)
As at 31 December 2022 and 1 January 2023 24 19,034 - 19,058
Profit for the year and total comprehensive income - - 405 405
Dividends paid - - (405) (405)
Purchase of own shares - 35,983 - 35,983
As at 31 December 2023 24 55,017 - 55,041
Share premium account includes money held in other owned bank accounts which were invested in the businesses.
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Page 4
Notes to the Financial Statements
1. General Information
ENOPOLI LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 05307131 . The registered office is 229 Muswell Hill Broadway, London, N10 1DE.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
2.2. Turnover
Sale of goods
Turnover from the sale of goods in the United Kingdom is recognised the earlier of invoice date and the date that goods are received by the customer. If the goods ordered are not in the United Kingdom, turnover is recognised once the goods are received by the customer ordering them.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery Reducing Balance Method
Motor Vehicles Reducing Balance Method
Fixtures & Fittings Inlcuded in Plant and Machinery
Computer Equipment Reducing Balance Method
2.4. Stocks and Work in Progress
Stock is valued at the lower of cost and net realisable value and adjusted for wastage and obsolete items.
3. Average Number of Employees
Average number of employees, including directors, during the year was 3. 3 (2022: 3)
3 3
4. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 January 2023 2,568 2,186 774 5,528
As at 31 December 2023 2,568 2,186 774 5,528
Depreciation
As at 1 January 2023 1,876 770 363 3,009
Provided during the period 69 85 82 236
As at 31 December 2023 1,945 855 445 3,245
Net Book Value
As at 31 December 2023 623 1,331 329 2,283
As at 1 January 2023 692 1,416 411 2,519
Page 4
Page 5
5. Investments
Unlisted
£
Cost
As at 1 January 2023 31,500
As at 31 December 2023 31,500
Provision
As at 1 January 2023 -
As at 31 December 2023 -
Net Book Value
As at 31 December 2023 31,500
As at 1 January 2023 31,500
ENOPOLI sold at a disallowable loss its subsidiary in February 2024.
6. Stocks
2023 2022
£ £
Stock 40,000 -
Finished goods - 11,500
40,000 11,500
Impairment include valuation of stock bought at par from subsidiary at the end of 2023. This is an intra group transaction which reflects the value of stock held at third party storage location. Tax relief is offset in the Group transaction at year end 31 December 2023.
7. Debtors
2023 2022
£ £
Due within one year
Trade debtors 15,528 10,740
Prepayments and accrued income 346 -
15,874 10,740
8. Current Asset Investments
9. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 999 (1 )
Bank loans and overdrafts 9,406 15,842
VAT 11,797 7,956
Accruals and deferred income 35 -
22,237 23,797
10. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 19,600 22,433
Page 5
Page 6
11. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 24 24
12. Notes to the Accounts
STOCK HELD AT THIRD PARTY LOCATION
Debtor allowance includes stock sold and held at third party location which was not paid at 31 December 2023. Some of this stock was paid at the beginning of 2024 and was removed from third party location stock list accordingly.
OTHER DEBTOR ALLOWANCES
Other bad debts represent sales invoiced and taxed from 2020 to 31 December 2023 which were not paid to ENOPOLI LIMITED and which are considered unlikely to be received at year end 31 December 2023.
INTRA-PURCHASE
The accounts show £15K intra purchase with 100percent owned subsidiary which had stock totalling £15K on 31 August 2023. Net realisable value of this stock was zero on 31st December 2023. £2.85K tax relief disallowable in the Group Accounts accordingly.
EVENTS AFTER REPORTING PERIOD
ENOPOLI LIMITED sold 100percent owned subsidiary at the beginning of 2024. There were no sale proceeds from the transaction. 
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