Registered number
06219574
Enviroparks Limited
Filleted Accounts
31 December 2023
Enviroparks Limited
Registered number: 06219574
Balance Sheet
as at 31 December 2023
Notes 2023 2022
£ £
Fixed assets
Investments 4 522,994 522,994
Current assets
Debtors 5 602 496
Cash at bank and in hand 16,976 17,871
17,578 18,367
Creditors: amounts falling due within one year 6 (805) (1,080)
Net current assets 16,773 17,287
Total assets less current liabilities 539,767 540,281
Creditors: amounts falling due after more than one year 7 (2,349,463) (2,349,463)
Net liabilities (1,809,696) (1,809,182)
Capital and reserves
Called up share capital 1,503 1,503
Share premium 3,660,636 3,660,636
Profit and loss account (5,471,835) (5,471,321)
Shareholders' funds (1,809,696) (1,809,182)
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr S Corne
Director
Approved by the board on 25 November 2024
Enviroparks Limited
Notes to the Accounts
for the year ended 31 December 2023
1 Accounting policies
Accounting convention
These financial statements have been prepared in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling which is the functional currency of the company. Monetary amounts in these accounts are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
Going concern
At  the time of approving the financial statements, the directors have reasonable expectation that the company has adequate resources to continue trading for the foreseeable future. In particular, the directors reviewed the obligations under the company's finance documents and are satisfied that the company will continue to meet these obligations. Therefore the directors continue to adopt the going concern basis of accounting in preparing these financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Intangible fixed assets
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Freehold buildings over 50 years
Leasehold land and buildings over the lease term
Plant and machinery 33% on cost or 20% reducing balance
Fixtures, fittings, tools and equipment over 5 years
Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company - -
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 January 2023 27,780
At 31 December 2023 27,780
Depreciation
At 1 January 2023 27,780
At 31 December 2023 27,780
Net book value
At 31 December 2023 -
4 Investments
Other
investments
£
Cost
At 1 January 2023 522,994
At 31 December 2023 522,994
5 Debtors 2023 2022
£ £
Other debtors 602 496
6 Creditors: amounts falling due within one year 2023 2022
£ £
Other creditors 805 1,080
7 Creditors: amounts falling due after one year 2023 2022
£ £
Non-equity preference shares 250,000 250,000
Other creditors 2,099,463 2,099,463
2,349,463 2,349,463
8 Share Capital 2023 2022
£ £
Ordinary share capital
Issued and fully paid up shares of £1 each 1,503 1,503
9 Related party transactions
2023 2022
£ £
Amounts due from related parties
Entities with common control or common significant influence - -
Amounts due to related parties
Entities with common control or common significant influence 443,190 443,190
10 Other information
Enviroparks Limited is a private company limited by shares and incorporated in England. Its registered office is:
First Floor Offices, Park Chambers
10 Hereford Road
Abergavenny
Monmouthshire
NP7 5PR
Enviroparks Limited 06219574 false 2023-01-01 2023-12-31 2023-12-31 VT Final Accounts July 2024 Mr S Corne No description of principal activity 06219574 2022-01-01 2022-12-31 06219574 core:WithinOneYear 2022-12-31 06219574 core:AfterOneYear 2022-12-31 06219574 core:ShareCapital 2022-12-31 06219574 core:SharePremium 2022-12-31 06219574 core:RetainedEarningsAccumulatedLosses 2022-12-31 06219574 2023-01-01 2023-12-31 06219574 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 06219574 bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 06219574 bus:Director40 2023-01-01 2023-12-31 06219574 1 2023-01-01 2023-12-31 06219574 2 2023-01-01 2023-12-31 06219574 countries:England 2023-01-01 2023-12-31 06219574 bus:FRS102 2023-01-01 2023-12-31 06219574 bus:FilletedAccounts 2023-01-01 2023-12-31 06219574 2023-12-31 06219574 core:WithinOneYear 2023-12-31 06219574 core:AfterOneYear 2023-12-31 06219574 core:ShareCapital 2023-12-31 06219574 core:SharePremium 2023-12-31 06219574 core:RetainedEarningsAccumulatedLosses 2023-12-31 06219574 core:PlantMachinery 2023-12-31 06219574 2022-12-31 06219574 core:PlantMachinery 2022-12-31 iso4217:GBP xbrli:pure