Enviro House Ltd
Registered number: 13901554
Statement of Financial Position
as at 29 February 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 27,885 32,378
Current assets
Debtors 4 164,155 43,752
Cash at bank and in hand 7,628 24,966
171,783 68,718
Creditors: amounts falling due within one year 5 (86,834) (36,800)
Net current assets 84,949 31,918
Total assets less current liabilities 112,834 64,296
Provisions for liabilities (6,829) (6,152)
Net assets 106,005 58,144
Capital and reserves
Called up share capital 99 99
Profit and loss account 105,906 58,045
Shareholder's funds 106,005 58,144
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr Jakub M Gaik
Director
Approved by the board on 15 October 2024
Enviro House Ltd
Notes to the Accounts
for the year ended 29 February 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102 Section 1a small entities, the financial reporting standard applicable in the UK and the Republic of Ireland.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery 25% reducing balance
Motor vehicles 25% reducing balance
Debtors
Short term debtors are measured at transaction price, less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price. Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Provisions
Provisions are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
2 Employees and directors 2024 2023
Number Number
Average number of directors and persons employed by the company 2 2
3 Tangible fixed assets
Plant and machinery etc Motor vehicles Total
£ £ £
Cost
At 1 March 2023 21,805 18,667 40,472
Additions 4,501 - 4,501
At 29 February 2024 26,306 18,667 44,973
Depreciation
At 1 March 2023 4,361 3,733 8,094
Charge for the year 5,261 3,733 8,994
At 29 February 2024 9,622 7,466 17,088
Net book value
At 29 February 2024 16,684 11,201 27,885
At 28 February 2023 17,444 14,934 32,378
4 Debtors 2024 2023
£ £
Trade debtors 63,199 27,770
Other debtors 100,956 15,982
164,155 43,752
5 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors 27,996 19,850
Accruals 1,875 1,080
Corporation tax 51,866 12,924
Other taxes and social security costs 334 264
Other creditors 4,763 2,682
86,834 36,800
6 Other information
Enviro House Ltd is a private company limited by shares and incorporated in England. Its registered office is:
269 Farnborough Road
Farnborough
Hampshire
GU14 7LY
Enviro House Ltd 13901554 false 2023-03-01 2024-02-29 2024-02-29 VT Final Accounts July 2024 Mr Jakub M Gaik No description of principal activity 13901554 2022-03-01 2023-02-28 13901554 core:WithinOneYear 2023-02-28 13901554 core:ShareCapital 2023-02-28 13901554 core:RetainedEarningsAccumulatedLosses 2023-02-28 13901554 2023-03-01 2024-02-29 13901554 bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 13901554 bus:AuditExemptWithAccountantsReport 2023-03-01 2024-02-29 13901554 bus:Director40 2023-03-01 2024-02-29 13901554 1 2023-03-01 2024-02-29 13901554 2 2023-03-01 2024-02-29 13901554 core:PlantMachinery 2023-03-01 2024-02-29 13901554 core:Vehicles 2023-03-01 2024-02-29 13901554 countries:England 2023-03-01 2024-02-29 13901554 bus:FRS102 2023-03-01 2024-02-29 13901554 bus:FilletedAccounts 2023-03-01 2024-02-29 13901554 2024-02-29 13901554 core:WithinOneYear 2024-02-29 13901554 core:ShareCapital 2024-02-29 13901554 core:RetainedEarningsAccumulatedLosses 2024-02-29 13901554 core:PlantMachinery 2024-02-29 13901554 core:Vehicles 2024-02-29 13901554 2023-02-28 13901554 core:PlantMachinery 2023-02-28 13901554 core:Vehicles 2023-02-28 iso4217:GBP xbrli:pure