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Company Registration No. 01804121 (England and Wales)
Enfys Limited Unaudited accounts for the year ended 31 March 2024
Enfys Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
769,549 
847,657 
Current assets
Debtors
49,346 
83,605 
Cash at bank and in hand
83,473 
288,451 
132,819 
372,056 
Creditors: amounts falling due within one year
(146,496)
(309,745)
Net current (liabilities)/assets
(13,677)
62,311 
Total assets less current liabilities
755,872 
909,968 
Creditors: amounts falling due after more than one year
(68,400)
(104,078)
Provisions for liabilities
Deferred tax
(18,705)
(32,401)
Net assets
668,767 
773,489 
Capital and reserves
Called up share capital
47,500 
47,500 
Profit and loss account
621,267 
725,989 
Shareholders' funds
668,767 
773,489 
For the year ending 31 March 2024 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 directors acknowledge their 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 of Directors and authorised for issue on 8 October 2024 and were signed on its behalf by
Martyn Roberts Director Company Registration No. 01804121
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Enfys Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Enfys Limited is a private company, limited by shares, registered in England and Wales, registration number 01804121. The registered office is UNIT 31, PORTMANMOOR ROAD INDUSTRIAL, ESTATE EAST MOORS, CARDIFF, CF24 5HB.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
2.5% straight line
Plant & machinery
20% reducing balance
Motor vehicles
25% reducing balance
Fixtures & fittings
20% reducing balance
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
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Enfys Limited Notes to the Accounts for the year ended 31 March 2024
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 April 2023
665,355 
2,401,841 
105,403 
27,666 
3,200,265 
Additions
- 
12,750 
- 
- 
12,750 
At 31 March 2024
665,355 
2,414,591 
105,403 
27,666 
3,213,015 
Depreciation
At 1 April 2023
224,750 
2,006,764 
96,180 
24,914 
2,352,608 
Charge for the year
8,987 
79,015 
2,306 
550 
90,858 
At 31 March 2024
233,737 
2,085,779 
98,486 
25,464 
2,443,466 
Net book value
At 31 March 2024
431,618 
328,812 
6,917 
2,202 
769,549 
At 31 March 2023
440,605 
395,077 
9,223 
2,752 
847,657 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
- 
19,537 
Trade debtors
37,522 
50,124 
Accrued income and prepayments
11,824 
13,944 
49,346 
83,605 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
17,386 
- 
Obligations under finance leases and hire purchase contracts
35,678 
32,704 
Trade creditors
22,625 
209,518 
Taxes and social security
5,969 
8,404 
Loans from directors
48,891 
44,541 
Accruals
15,947 
14,578 
146,496 
309,745 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Obligations under finance leases and hire purchase contracts
- 
35,678 
Loans from directors
68,400 
68,400 
68,400 
104,078 
- 4 -
Enfys Limited Notes to the Accounts for the year ended 31 March 2024
8
Transactions with related parties
Long term loans from directors totalling £68,400 (2023: £68,400) are unsecured and pay interest between 5% and 10%. There are no terms for repayment. The amounts owing to directors on current account were £48,891 at the year end (2023: £44,541), these are unsecured, interest free and repayable on demand.
9
Average number of employees
During the year the average number of employees was 10 (2023: 9).
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