IRIS Accounts Production v24.2.0.383 07940251 director 1.3.23 29.2.24 29.2.24 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh079402512023-02-28079402512024-02-29079402512023-03-012024-02-29079402512022-02-28079402512022-03-012023-02-28079402512023-02-2807940251ns15:EnglandWales2023-03-012024-02-2907940251ns14:PoundSterling2023-03-012024-02-2907940251ns10:Director12023-03-012024-02-2907940251ns10:PrivateLimitedCompanyLtd2023-03-012024-02-2907940251ns10:SmallEntities2023-03-012024-02-2907940251ns10:AuditExempt-NoAccountantsReport2023-03-012024-02-2907940251ns10:SmallCompaniesRegimeForDirectorsReport2023-03-012024-02-2907940251ns10:SmallCompaniesRegimeForAccounts2023-03-012024-02-2907940251ns10:FullAccounts2023-03-012024-02-290794025112023-03-012024-02-2907940251ns10:CompanySecretary12023-03-012024-02-2907940251ns10:RegisteredOffice2023-03-012024-02-2907940251ns5:CurrentFinancialInstruments2024-02-2907940251ns5:CurrentFinancialInstruments2023-02-2807940251ns5:ShareCapital2024-02-2907940251ns5:ShareCapital2023-02-2807940251ns5:RetainedEarningsAccumulatedLosses2024-02-2907940251ns5:RetainedEarningsAccumulatedLosses2023-02-2807940251ns5:NetGoodwill2023-03-012024-02-2907940251ns5:IntangibleAssetsOtherThanGoodwill2023-03-012024-02-2907940251ns5:PlantMachinery2023-03-012024-02-2907940251ns5:MotorVehicles2023-03-012024-02-2907940251ns5:ComputerEquipment2023-03-012024-02-2907940251ns5:NetGoodwill2023-02-2807940251ns5:NetGoodwill2024-02-2907940251ns5:NetGoodwill2023-02-2807940251ns5:PlantMachinery2023-02-2807940251ns5:MotorVehicles2023-02-2807940251ns5:ComputerEquipment2023-02-2807940251ns5:PlantMachinery2024-02-2907940251ns5:MotorVehicles2024-02-2907940251ns5:ComputerEquipment2024-02-2907940251ns5:PlantMachinery2023-02-2807940251ns5:MotorVehicles2023-02-2807940251ns5:ComputerEquipment2023-02-2807940251ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-02-2907940251ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-02-28
REGISTERED NUMBER: 07940251 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 29 FEBRUARY 2024

FOR

ENIGMA INCAR LTD

ENIGMA INCAR LTD (REGISTERED NUMBER: 07940251)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


ENIGMA INCAR LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 29 FEBRUARY 2024







DIRECTOR: P G O'brien





SECRETARY: Mrs F E O'brien





REGISTERED OFFICE: Walsgrave Hill Farm
Walsgrave on Sowe
Coventry
CV2 2DS





REGISTERED NUMBER: 07940251 (England and Wales)





ACCOUNTANTS: Walker Thompson Ltd
Accountants and Registered Auditors
Empress House
43A Binley Road
Coventry
CV3 1HU

ENIGMA INCAR LTD (REGISTERED NUMBER: 07940251)

BALANCE SHEET
29 FEBRUARY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 4,630 5,297
4,630 5,297

CURRENT ASSETS
Debtors 6 3,992 5,674
Cash at bank 22,969 3,553
26,961 9,227
CREDITORS
Amounts falling due within one year 7 18,027 15,570
NET CURRENT ASSETS/(LIABILITIES) 8,934 (6,343 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

13,564

(1,046

)

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 13,562 (1,048 )
13,564 (1,046 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 26 September 2024 and were signed by:





P G O'brien - Director


ENIGMA INCAR LTD (REGISTERED NUMBER: 07940251)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

1. STATUTORY INFORMATION

Enigma Incar Ltd 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.

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 2012, 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 - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

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.

ENIGMA INCAR LTD (REGISTERED NUMBER: 07940251)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 FEBRUARY 2024

2. ACCOUNTING POLICIES - continued

Going concern basis
The director has signified that he will not withdraw his funds for the foreseeable future and therefore the financial statements have been prepared on a going concern basis.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 March 2023
and 29 February 2024 7,500
AMORTISATION
At 1 March 2023
and 29 February 2024 7,500
NET BOOK VALUE
At 29 February 2024 -
At 28 February 2023 -

5. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 March 2023 4,083 26,412 2,466 32,961
Additions 703 - - 703
At 29 February 2024 4,786 26,412 2,466 33,664
DEPRECIATION
At 1 March 2023 2,862 22,336 2,466 27,664
Charge for year 351 1,019 - 1,370
At 29 February 2024 3,213 23,355 2,466 29,034
NET BOOK VALUE
At 29 February 2024 1,573 3,057 - 4,630
At 28 February 2023 1,221 4,076 - 5,297

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 3,992 5,674

ENIGMA INCAR LTD (REGISTERED NUMBER: 07940251)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 FEBRUARY 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 254 416
Taxation and social security 3,785 1,265
Other creditors 13,988 13,889
18,027 15,570