2023-04-012024-03-312024-03-31false11935699Enavigo Limited2024-10-03iso4217:GBPxbrli:pure119356992023-04-01119356992024-03-31119356992023-04-012024-03-31119356992022-04-01119356992023-03-31119356992022-04-012023-03-3111935699bus:SmallEntities2023-04-012024-03-3111935699bus:AuditExempt-NoAccountantsReport2023-04-012024-03-3111935699bus:FullAccounts2023-04-012024-03-3111935699bus:PrivateLimitedCompanyLtd2023-04-012024-03-3111935699core:WithinOneYear2024-03-3111935699core:AfterOneYear2024-03-3111935699core:WithinOneYear2023-03-3111935699core:AfterOneYear2023-03-3111935699core:ShareCapital2024-03-3111935699core:SharePremium2024-03-3111935699core:RevaluationReserve2024-03-3111935699core:OtherReservesSubtotal2024-03-3111935699core:RetainedEarningsAccumulatedLosses2024-03-3111935699core:ShareCapital2023-03-3111935699core:SharePremium2023-03-3111935699core:RevaluationReserve2023-03-3111935699core:OtherReservesSubtotal2023-03-3111935699core:RetainedEarningsAccumulatedLosses2023-03-3111935699core:LandBuildings2024-03-3111935699core:PlantMachinery2024-03-3111935699core:Vehicles2024-03-3111935699core:FurnitureFittings2024-03-3111935699core:OfficeEquipment2024-03-3111935699core:NetGoodwill2024-03-3111935699core:IntangibleAssetsOtherThanGoodwill2024-03-3111935699core:ListedExchangeTraded2024-03-3111935699core:UnlistedNon-exchangeTraded2024-03-3111935699core:LandBuildings2023-03-3111935699core:PlantMachinery2023-03-3111935699core:Vehicles2023-03-3111935699core:FurnitureFittings2023-03-3111935699core:OfficeEquipment2023-03-3111935699core:NetGoodwill2023-03-3111935699core:IntangibleAssetsOtherThanGoodwill2023-03-3111935699core:ListedExchangeTraded2023-03-3111935699core:UnlistedNon-exchangeTraded2023-03-3111935699core:LandBuildings2023-04-012024-03-3111935699core:PlantMachinery2023-04-012024-03-3111935699core:Vehicles2023-04-012024-03-3111935699core:FurnitureFittings2023-04-012024-03-3111935699core:OfficeEquipment2023-04-012024-03-3111935699core:NetGoodwill2023-04-012024-03-3111935699core:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3111935699core:ListedExchangeTraded2023-04-012024-03-3111935699core:UnlistedNon-exchangeTraded2023-04-012024-03-3111935699core:MoreThanFiveYears2023-04-012024-03-3111935699core:Non-currentFinancialInstruments2024-03-3111935699core:Non-currentFinancialInstruments2023-03-3111935699dpl:CostSales2023-04-012024-03-3111935699dpl:DistributionCosts2023-04-012024-03-3111935699core:LandBuildings2023-04-012024-03-3111935699core:PlantMachinery2023-04-012024-03-3111935699core:Vehicles2023-04-012024-03-3111935699core:FurnitureFittings2023-04-012024-03-3111935699core:OfficeEquipment2023-04-012024-03-3111935699dpl:AdministrativeExpenses2023-04-012024-03-3111935699core:NetGoodwill2023-04-012024-03-3111935699core:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3111935699dpl:GroupUndertakings2023-04-012024-03-3111935699dpl:ParticipatingInterests2023-04-012024-03-3111935699dpl:GroupUndertakingscore:ListedExchangeTraded2023-04-012024-03-3111935699core:ListedExchangeTraded2023-04-012024-03-3111935699dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-04-012024-03-3111935699core:UnlistedNon-exchangeTraded2023-04-012024-03-3111935699dpl:CostSales2022-04-012023-03-3111935699dpl:DistributionCosts2022-04-012023-03-3111935699core:LandBuildings2022-04-012023-03-3111935699core:PlantMachinery2022-04-012023-03-3111935699core:Vehicles2022-04-012023-03-3111935699core:FurnitureFittings2022-04-012023-03-3111935699core:OfficeEquipment2022-04-012023-03-3111935699dpl:AdministrativeExpenses2022-04-012023-03-3111935699core:NetGoodwill2022-04-012023-03-3111935699core:IntangibleAssetsOtherThanGoodwill2022-04-012023-03-3111935699dpl:GroupUndertakings2022-04-012023-03-3111935699dpl:ParticipatingInterests2022-04-012023-03-3111935699dpl:GroupUndertakingscore:ListedExchangeTraded2022-04-012023-03-3111935699core:ListedExchangeTraded2022-04-012023-03-3111935699dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-04-012023-03-3111935699core:UnlistedNon-exchangeTraded2022-04-012023-03-3111935699core:NetGoodwill2024-03-3111935699core:IntangibleAssetsOtherThanGoodwill2024-03-3111935699core:LandBuildings2024-03-3111935699core:PlantMachinery2024-03-3111935699core:Vehicles2024-03-3111935699core:FurnitureFittings2024-03-3111935699core:OfficeEquipment2024-03-3111935699core:AfterOneYear2024-03-3111935699core:WithinOneYear2024-03-3111935699core:ListedExchangeTraded2024-03-3111935699core:UnlistedNon-exchangeTraded2024-03-3111935699core:ShareCapital2024-03-3111935699core:SharePremium2024-03-3111935699core:RevaluationReserve2024-03-3111935699core:OtherReservesSubtotal2024-03-3111935699core:RetainedEarningsAccumulatedLosses2024-03-3111935699core:NetGoodwill2023-03-3111935699core:IntangibleAssetsOtherThanGoodwill2023-03-3111935699core:LandBuildings2023-03-3111935699core:PlantMachinery2023-03-3111935699core:Vehicles2023-03-3111935699core:FurnitureFittings2023-03-3111935699core:OfficeEquipment2023-03-3111935699core:AfterOneYear2023-03-3111935699core:WithinOneYear2023-03-3111935699core:ListedExch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Enavigo Limited

Registered Number
11935699
(England and Wales)

Unaudited Financial Statements for the Year ended
31 March 2024

Enavigo Limited
Company Information
for the year from 1 April 2023 to 31 March 2024

Directors

Amy Neeedham
James Needham

Registered Address

Brecks Cottage Green Lane
Moorhouse
Newark
NG23 6LZ

Registered Number

11935699 (England and Wales)
Enavigo Limited
Statement of Financial Position
31 March 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets3223,92712,743
Investments4245,238-
469,16512,743
Current assets
Debtors5332,89529,753
Cash at bank and on hand50,937212,659
383,832242,412
Creditors amounts falling due within one year6(191,952)(41,589)
Net current assets (liabilities)191,880200,823
Total assets less current liabilities661,045213,566
Creditors amounts falling due after one year7(302,256)-
Provisions for liabilities8(1,696)(2,421)
Net assets357,093211,145
Capital and reserves
Called up share capital100100
Profit and loss account356,993211,045
Shareholders' funds357,093211,145
The financial statements were approved and authorised for issue by the Board of Directors on 3 October 2024, and are signed on its behalf by:
James Needham
Director
Registered Company No. 11935699
Enavigo Limited
Notes to the Financial Statements
for the year ended 31 March 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 Section 1A, The Financial Reporting Standard applicable in the UK and Republic of Ireland.
Basis of preparation
The financial statements have been prepared on the historical cost basis.
Functional and presentation currency
The financial statements are presented in sterling, which is the functional currency of the entity.
Going concern
The UK economy has recently been impacted by rising inflation, interest rates and energy costs, exacerbated by the war in Ukraine. All these matters have impacted the company's trading results to a greater or lesser extent. At the date of signing these financial statements, the directors have considered the effect of these matters on the company with the information available to it and do not believe that it will affect the ability of the company to continue to trade for the foreseeable future. On this basis, the directors have prepared these financial statements on a going concern basis.
Turnover policy
The revenue shown in the profit and loss account represents income receivable from dental treatments carried out during the period. Revenue in respect of dental treatment uncompleted at the year end date is recognised by reference to the state of completion.
Dividend income
Dividend income is recognised when the right to receive payment is established.
Employee benefits
Contributions to defined contribution plans are expensed in the period to 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.
Current taxation
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 amount 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
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.
Tangible fixed assets and depreciation
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. 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:
Investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation.
2.Average number of employees

20242023
Average number of employees during the year11
3.Tangible fixed assets

Land & buildings

Vehicles

Office Equipment

Total

££££
Cost or valuation
At 01 April 23-23,5007,82731,327
Additions215,000--215,000
At 31 March 24215,00023,5007,827246,327
Depreciation and impairment
At 01 April 23-16,0652,51918,584
Charge for year-1,8591,9573,816
At 31 March 24-17,9244,47622,400
Net book value
At 31 March 24215,0005,5763,351223,927
At 31 March 23-7,4355,30812,743
4.Fixed asset investments
The fixed asset investment represents the cost of acquiring 100% of the issued share capital in Clowne Dental Practice Limited. The ompanies are trading companies registered in England and Wales. Under the provision of section 398 of the Companies Act 2006, the company is exempt from preparing consolidated accounts and has not done so, therefore the accounts show information about the company as a single entity.

Investments in groups1

Total

££
Cost or valuation
Additions245,238245,238
At 31 March 24245,238245,238
Net book value
At 31 March 24245,238245,238
At 31 March 23--

Notes

1Investments in group undertakings and participating interests
5.Debtors: amounts due within one year

2024

2023

££
Trade debtors / trade receivables10,22115,556
Amounts owed by group undertakings73,950-
Other debtors248,72411,826
Prepayments and accrued income-2,371
Total332,89529,753
6.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables-224
Bank borrowings and overdrafts8,888-
Amounts owed to related parties140,137-
Taxation and social security41,35839,448
Other creditors-749
Accrued liabilities and deferred income1,5691,168
Total191,95241,589
7.Creditors: amounts due after one year

2024

2023

££
Bank borrowings and overdrafts302,256-
Total302,256-
8.Provisions for liabilities

2024

2023

££
Net deferred tax liability (asset)1,6962,421
Total1,6962,421
9.Directors advances, credits and guarantees

Brought forward

Amount advanced

Amount repaid

Carried forward

££££
James Needham(375)216,01960,719154,925
Amy Neeedham(375)154,72060,54793,798
(750)370,739121,266248,723
10.Related party transactions
The company loaned the director £248,724 (2023: -£749). This loan is repayable upon demand. Interest has been charged at the UK market rate on a monthly basis. The director has confirmed that the closing balance will be repaid into the company before 31 December 2024, bringing the balance back down to £NIL.
11.Parent-subsidiary relationships
Enavigo is the parent company within it's group and owns 100% of the share capital of Clowne Dental Practice Ltd.