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REGISTERED NUMBER: 03868403 (England and Wales)














Unaudited Financial Statements

For The Year Ended 31st March 2024

for

Envin Scientific Limited

Envin Scientific Limited (Registered number: 03868403)






Contents of the Financial Statements
For The Year Ended 31st March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Certified Accountants' Report 8

Envin Scientific Limited

Company Information
For The Year Ended 31st March 2024







DIRECTORS: Patrick Anthony Timothy Roberts
Michael Paul Wright





SECRETARY: Patrick Anthony Timothy Roberts





REGISTERED OFFICE: Technology House
Chowley Oak
Tattenhall
Chester
Cheshire
CH3 9GA





REGISTERED NUMBER: 03868403 (England and Wales)





ACCOUNTANTS: Wildin (Accountants & Auditors) Ltd
Kings Buildings
Lydney
Gloucestershire
GL15 5HE

Envin Scientific Limited (Registered number: 03868403)

Balance Sheet
31st March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 115,024 156,393
115,024 156,393

CURRENT ASSETS
Stocks 6 646,944 646,666
Debtors 7 250,550 255,375
Cash at bank and in hand 101,128 184,587
998,622 1,086,628
CREDITORS
Amounts falling due within one year 8 60,895 164,116
NET CURRENT ASSETS 937,727 922,512
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,052,751

1,078,905

CREDITORS
Amounts falling due after more than one
year

9

113,687

169,628
NET ASSETS 939,064 909,277

CAPITAL AND RESERVES
Called up share capital 12 100 100
Retained earnings 13 938,964 909,177
SHAREHOLDERS' FUNDS 939,064 909,277

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 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.

Envin Scientific Limited (Registered number: 03868403)

Balance Sheet - continued
31st March 2024


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 and authorised for issue by the Board of Directors and authorised for issue on 30th June 2024 and were signed on its behalf by:




Patrick Anthony Timothy Roberts - Director



Michael Paul Wright - Director


Envin Scientific Limited (Registered number: 03868403)

Notes to the Financial Statements
For The Year Ended 31st March 2024

1. STATUTORY INFORMATION

Envin Scientific 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.

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.

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

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2000, is being amortised evenly over its estimated useful life of five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on reducing balance and 15% on reducing balance
Fixtures and fittings - 20% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Envin Scientific Limited (Registered number: 03868403)

Notes to the Financial Statements - continued
For The Year Ended 31st March 2024

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 18 (2023 - 20 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1st April 2023
and 31st March 2024 50,000
AMORTISATION
At 1st April 2023
and 31st March 2024 50,000
NET BOOK VALUE
At 31st March 2024 -
At 31st March 2023 -

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and
machinery fittings Totals
£    £    £   
COST
At 1st April 2023 707,478 74,117 781,595
Additions - 374 374
Disposals (12,975 ) (35,512 ) (48,487 )
At 31st March 2024 694,503 38,979 733,482
DEPRECIATION
At 1st April 2023 565,816 59,386 625,202
Charge for year 20,054 1,059 21,113
Eliminated on disposal (5,007 ) (22,850 ) (27,857 )
At 31st March 2024 580,863 37,595 618,458
NET BOOK VALUE
At 31st March 2024 113,640 1,384 115,024
At 31st March 2023 141,662 14,731 156,393

6. STOCKS
31.3.24 31.3.23
£    £   
Stocks 646,944 646,666

Envin Scientific Limited (Registered number: 03868403)

Notes to the Financial Statements - continued
For The Year Ended 31st March 2024

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade Debtors 115,262 255,375
Amounts owed by group undertakings 135,038 -
Other debtors 250 -
250,550 255,375

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts (see note 10) - 2,161
Trade Creditors 22,860 116,994
Social security and other taxes 9,397 11,136
VAT 21,018 25,265
Accrued expenses 7,620 8,560
60,895 164,116

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Bank loans (see note 10) 104,000 152,000
Hire purchase contracts 9,687 17,628
113,687 169,628

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 104,000 152,000

10. LOANS

An analysis of the maturity of loans is given below:

31.3.24 31.3.23
£    £   
Amounts falling due within one year or on demand:
Bank overdrafts - 2,161

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 104,000 152,000

Envin Scientific Limited (Registered number: 03868403)

Notes to the Financial Statements - continued
For The Year Ended 31st March 2024

11. SECURED DEBTS

The following secured debts are included within creditors:

31.3.24 31.3.23
£    £   
Bank overdraft - 2,161
Bank loans 104,000 152,000
104,000 154,161

National Westminster Bank plc hold a debenture over the assets of the company.

12. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.24 31.3.23
value: £    £   
100 Ordinary £1 100 100

13. RESERVES
Retained
earnings
£   

At 1st April 2023 909,177
Profit for the year 101,787
Dividends (72,000 )
At 31st March 2024 938,964

14. RELATED PARTY DISCLOSURES

During the year, total dividends of £72,000 were paid to the directors .

P A T Roberts and M Wright each received dividends of £36,000 (2023 £51,000)

15. ULTIMATE CONTROLLING PARTY

There is no ultimate controlling party.

Chartered Certified Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Envin Scientific Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Envin Scientific Limited for the year ended 31st March 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of Envin Scientific Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Envin Scientific Limited and state those matters that we have agreed to state to the Board of Directors of Envin Scientific Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Envin Scientific Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Envin Scientific Limited. You consider that Envin Scientific Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Envin Scientific Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Wildin (Accountants & Auditors) Ltd
Kings Buildings
Lydney
Gloucestershire
GL15 5HE


Date: 30th June 2024