Caseware UK (AP4) 2023.0.135 2023.0.135 2023-02-28No description of principal activityfalse2022-03-0122falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 10011193 2022-03-01 2023-02-28 10011193 2021-03-01 2022-02-28 10011193 2023-02-28 10011193 2022-02-28 10011193 c:CompanySecretary1 2022-03-01 2023-02-28 10011193 c:Director1 2022-03-01 2023-02-28 10011193 c:Director1 2023-02-28 10011193 c:Director2 2022-03-01 2023-02-28 10011193 c:RegisteredOffice 2022-03-01 2023-02-28 10011193 d:CurrentFinancialInstruments 2023-02-28 10011193 d:CurrentFinancialInstruments 2022-02-28 10011193 d:CurrentFinancialInstruments d:WithinOneYear 2023-02-28 10011193 d:CurrentFinancialInstruments d:WithinOneYear 2022-02-28 10011193 d:ShareCapital 2023-02-28 10011193 d:ShareCapital 2022-02-28 10011193 d:RetainedEarningsAccumulatedLosses 2023-02-28 10011193 d:RetainedEarningsAccumulatedLosses 2022-02-28 10011193 c:OrdinaryShareClass1 2022-03-01 2023-02-28 10011193 c:OrdinaryShareClass1 2023-02-28 10011193 c:OrdinaryShareClass1 2022-02-28 10011193 c:FRS102 2022-03-01 2023-02-28 10011193 c:AuditExempt-NoAccountantsReport 2022-03-01 2023-02-28 10011193 c:FullAccounts 2022-03-01 2023-02-28 10011193 c:PrivateLimitedCompanyLtd 2022-03-01 2023-02-28 10011193 2 2022-03-01 2023-02-28 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 10011193










ENNCO LIMITED
UNAUDITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023




















 
ENNCO LIMITED
 
 
Company Information


Directors
Mrs A Falster (resigned 5 December 2022)
Mr C M Falster 




Company secretary
JTC (UK) Limited



Registered number
10011193



Registered office
The Scalpel
18th Floor

52 Lime Street

London

England

EC3M 7AF





 
ENNCO LIMITED
Registered number: 10011193

Balance sheet
As at 28 February 2023

2023
2022
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
72
10,571

Cash at bank and in hand
  
154,802
134,776

  
154,874
145,347

Creditors: amounts falling due within one year
 5 
(35,344)
(30,918)

Net current assets
  
 
 
119,530
 
 
114,429

Total assets less current liabilities
  
119,530
114,429

  

Net assets
  
119,530
114,429


Capital and reserves
  

Called up share capital 
 6 
100
100

Profit and loss account
  
119,430
114,329

  
119,530
114,429


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 year 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 profit and loss account 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 on 19 August 2024.



Mr C M Falster
Director

The notes on pages 2 to 4 form part of these financial statements.

Page 1

 
ENNCO LIMITED
 
 
 
Notes to the financial statements
For the Year Ended 28 February 2023

1.


General information

Ennco Limited is a private limited company, incorporated in the United Kingdom and registered in England and Wales. The company's registered office address is The Scalpel, 18th Floor, 52 Lime Street, London, EC3M 7AF.

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 judgment in applying the Company's accounting policies.

The following principal accounting policies have been applied:

 
2.2

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

 
2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.5

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.

 
2.6

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

 
2.7

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.
Page 2

 
ENNCO LIMITED
 
 
 
Notes to the financial statements
For the Year Ended 28 February 2023

2.Accounting policies (continued)

 
2.8

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

 
2.9

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2022 - 2).


4.


Debtors

2023
2022
£
£


Trade debtors
-
2,213

Other debtors
-
5,502

Accrued income
72
2,856

72
10,571


Page 3

 
ENNCO LIMITED
 
 
 
Notes to the financial statements
For the Year Ended 28 February 2023

5.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
-
1,999

Corporation tax
4,213
-

Other creditors
31,131
28,919

35,344
30,918



6.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



100 (2022 - 100) Ordinary shares of £1.00 each
100
100



7.


Related party transactions

During the year, the directors maintained a loan account with the company that is interest free and repayable on demand. At 28 February 2023 the company owed the directors £25,430 (2022: £26,918), this amount is included within other creditors.

 
Page 4