IRIS Accounts Production v24.3.0.553 08552711 Board of Directors 1.7.23 30.6.24 30.6.24 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh085527112023-06-30085527112024-06-30085527112023-07-012024-06-30085527112022-06-30085527112022-07-012023-06-30085527112023-06-3008552711ns15:EnglandWales2023-07-012024-06-3008552711ns14:PoundSterling2023-07-012024-06-3008552711ns10:Director12023-07-012024-06-3008552711ns10:PrivateLimitedCompanyLtd2023-07-012024-06-3008552711ns10:SmallEntities2023-07-012024-06-3008552711ns10:AuditExempt-NoAccountantsReport2023-07-012024-06-3008552711ns10:SmallCompaniesRegimeForDirectorsReport2023-07-012024-06-3008552711ns10:SmallCompaniesRegimeForAccounts2023-07-012024-06-3008552711ns10:FullAccounts2023-07-012024-06-3008552711ns10:Director22023-07-012024-06-3008552711ns10:Director32023-07-012024-06-3008552711ns10:Director42023-07-012024-06-3008552711ns10:RegisteredOffice2023-07-012024-06-3008552711ns5:CurrentFinancialInstruments2024-06-3008552711ns5:CurrentFinancialInstruments2023-06-3008552711ns5:ShareCapital2024-06-3008552711ns5:ShareCapital2023-06-3008552711ns5:RetainedEarningsAccumulatedLosses2024-06-3008552711ns5:RetainedEarningsAccumulatedLosses2023-06-3008552711ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-06-3008552711ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-06-30
REGISTERED NUMBER: 08552711 (England and Wales)



















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024

FOR

ENVIRA PROPERTY LIMITED

ENVIRA PROPERTY LIMITED (REGISTERED NUMBER: 08552711)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30 JUNE 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


ENVIRA PROPERTY LIMITED

COMPANY INFORMATION
for the Year Ended 30 JUNE 2024







DIRECTORS: Mr C E Pates
Mrs C A Pates
Mr M Pates
Mr S Pates





REGISTERED OFFICE: 260 - 270
Butterfield
Great Marlings
Luton
Bedfordshire
LU2 8DL





BUSINESS ADDRESS: The Recycling Centre
Kelvin Way
West Bromwich
West Midlands
B70 7JY





REGISTERED NUMBER: 08552711 (England and Wales)





ACCOUNTANTS: Foxley Kingham
Chartered Accountants
260 - 270 Butterfield
Great Marlings
Luton
Bedfordshire
LU2 8DL

ENVIRA PROPERTY LIMITED (REGISTERED NUMBER: 08552711)

BALANCE SHEET
30 JUNE 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 3,921,000 3,917,500

CURRENT ASSETS
Debtors 5 2,028 1,649
Cash at bank 291,390 215,960
293,418 217,609
CREDITORS
Amounts falling due within one year 6 26,655 20,539
NET CURRENT ASSETS 266,763 197,070
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,187,763

4,114,570

PROVISIONS FOR LIABILITIES 210,321 159,179
NET ASSETS 3,977,442 3,955,391

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 3,977,441 3,955,390
SHAREHOLDERS' FUNDS 3,977,442 3,955,391

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 2 October 2024 and were signed on its behalf by:



Mr C E Pates - Director


ENVIRA PROPERTY LIMITED (REGISTERED NUMBER: 08552711)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30 JUNE 2024

1. STATUTORY INFORMATION

Envira Property Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Investment property
Investment property is included at fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold

In accordance with the FRS 102 section 1A, fair value gains and losses are accounted for under the Fair Value Accounting Rules and hence are taken to profit or loss. No depreciation is provided in respect of investment properties.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

ENVIRA PROPERTY LIMITED (REGISTERED NUMBER: 08552711)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 JUNE 2024

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 July 2023 3,917,500
Revaluations 3,500
At 30 June 2024 3,921,000
NET BOOK VALUE
At 30 June 2024 3,921,000
At 30 June 2023 3,917,500

Fair value at 30 June 2024 is represented by:
£   
Valuation in 2024 3,921,000

If investment properties had not been revalued they would have been included at the following historical cost:

2024 2023
£    £   
Cost 3,031,216 3,031,216

Investment properties were valued on an open market basis on 30 June 2024 by the directors .

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
VAT 460 415
Prepayments 1,568 1,234
2,028 1,649

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 156 85
Corporation tax 23,520 16,750
Other creditors 127 127
Director's current account 89 89
Deferred income 750 1,575
Accrued expenses 2,013 1,913
26,655 20,539

7. ULTIMATE CONTROLLING PARTY

The controlling party is Envira Investments Limited.

The ultimate controlling party are the directors by virtue of their 100% shareholding in the parent company.