58 false false false false false false false false false false true false false false false false false No description of principal activity 2023-04-01 Sage Accounts Production Advanced 2023 - FRS102_2023 562 562 9,234 1,188 10,422 7,223 906 8,129 2,293 2,011 xbrli:pure xbrli:shares iso4217:GBP 06598971 2023-04-01 2024-03-31 06598971 2024-03-31 06598971 2023-03-31 06598971 2022-04-01 2023-03-31 06598971 2023-03-31 06598971 2022-03-31 06598971 core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-04-01 2024-03-31 06598971 core:PlantMachinery 2023-04-01 2024-03-31 06598971 bus:Director1 2023-04-01 2024-03-31 06598971 core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-03-31 06598971 core:PlantMachinery 2023-03-31 06598971 core:PlantMachinery 2024-03-31 06598971 core:WithinOneYear 2024-03-31 06598971 core:WithinOneYear 2023-03-31 06598971 core:ShareCapital 2024-03-31 06598971 core:ShareCapital 2023-03-31 06598971 core:RetainedEarningsAccumulatedLosses 2024-03-31 06598971 core:RetainedEarningsAccumulatedLosses 2023-03-31 06598971 core:BetweenOneFiveYears 2024-03-31 06598971 core:BetweenOneFiveYears 2023-03-31 06598971 core:PlantMachinery 2023-03-31 06598971 bus:SmallEntities 2023-04-01 2024-03-31 06598971 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 06598971 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 06598971 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 06598971 bus:FullAccounts 2023-04-01 2024-03-31
COMPANY REGISTRATION NUMBER: 06598971
Enhance EHC Ltd
Unaudited financial statements
31 March 2024
Enhance EHC Ltd
Statement of financial position
31 March 2024
2024
2023
Note
£
£
£
£
Fixed assets
Tangible assets
6
2,293
2,011
Current assets
Debtors
7
184,614
200,182
Cash at bank and in hand
168,154
284,823
---------
---------
352,768
485,005
Creditors: Amounts falling due within one year
8
( 87,929)
( 94,151)
---------
---------
Net current assets
264,839
390,854
---------
---------
Total assets less current liabilities
267,132
392,865
Provisions
Taxation including deferred tax
( 275)
( 238)
Accruals and deferred income
( 52,441)
( 63,074)
---------
---------
Net assets
214,416
329,553
---------
---------
Capital and reserves
Called up share capital
1
1
Profit and loss account
214,415
329,552
---------
---------
Shareholders funds
214,416
329,553
---------
---------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
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.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
Enhance EHC Ltd
Statement of financial position (continued)
31 March 2024
These financial statements were approved by the board of directors and authorised for issue on 5 November 2024 , and are signed on behalf of the board by:
Mrs C N Bourke
Director
Company registration number: 06598971
Enhance EHC Ltd
Notes to the financial statements
Year ended 31 March 2024
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Office G7, The Plaza 1 Rutherford Park, Great Notley, Braintree, Essex, CM77 7AU, United Kingdom.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised 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 that are expected to apply to the reversal of the timing difference.
Operating leases
Lease payments are recognised as an expense over the lease term on a straight-line basis.
Intangible assets
Intangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated amortisation.
Amortisation
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:
Software Licenses
-
20% straight line
If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Plant & Machinery
-
20% straight line
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.
4. Employee numbers
The average number of employees during the year was 58 (2023: 54 ).
5. Intangible assets
Software Licenses
£
Cost
At 1 April 2023 and 31 March 2024
562
----
Amortisation
At 1 April 2023 and 31 March 2024
562
----
Carrying amount
At 31 March 2024
----
At 31 March 2023
----
6. Tangible assets
Plant and machinery
Total
£
£
Cost
At 1 April 2023
9,234
9,234
Additions
1,188
1,188
-------
-------
At 31 March 2024
10,422
10,422
-------
-------
Depreciation
At 1 April 2023
7,223
7,223
Charge for the year
906
906
-------
-------
At 31 March 2024
8,129
8,129
-------
-------
Carrying amount
At 31 March 2024
2,293
2,293
-------
-------
At 31 March 2023
2,011
2,011
-------
-------
7. Debtors
2024
2023
£
£
Trade debtors
161,725
185,539
Amounts owed by group undertakings
14,354
2,881
Prepayments and accrued income
6,614
9,841
Other debtors
1,921
1,921
---------
---------
184,614
200,182
---------
---------
8. Creditors: Amounts falling due within one year
2024
2023
£
£
Trade creditors
2,765
1,060
Social security and other taxes
85,164
93,091
-------
-------
87,929
94,151
-------
-------
9. Operating leases
The total future minimum lease payments under non-cancellable operating leases are as follows:
2024
2023
£
£
Not later than 1 year
2,871
2,871
Later than 1 year and not later than 5 years
1,115
3,026
------
------
3,986
5,897
------
------