ENITHARMON EDITIONS LIMITED

Company Registration Number:
04223830 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2024

Period of accounts

Start date: 01 April 2023

End date: 31 March 2024

ENITHARMON EDITIONS LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2024

Balance sheet
Notes

ENITHARMON EDITIONS LIMITED

Balance sheet

As at 31 March 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 7,323 7,751
Investments: 4 234 234
Total fixed assets: 7,557 7,985
Current assets
Stocks: 42,586 65,764
Debtors: 5 22,510 28,240
Cash at bank and in hand: 58,037 115,085
Total current assets: 123,133 209,089
Creditors: amounts falling due within one year: 6 (42,862) (115,611)
Net current assets (liabilities): 80,271 93,478
Total assets less current liabilities: 87,828 101,463
Total net assets (liabilities): 87,828 101,463
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 87,728 101,363
Shareholders funds: 87,828 101,463

The notes form part of these financial statements

ENITHARMON EDITIONS LIMITED

Balance sheet statements

For the year ending 31 March 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 23 December 2024
and signed on behalf of the board by:

Name: Mr S Stuart-Smith
Status: Director

The notes form part of these financial statements

ENITHARMON EDITIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover comprises the fair value of consideration received and receivable in respect of sales of books and prints, net of returns, discounts and VAT where applicable. Any grants received for the publication of specific works, commissions received from the sale of works owned by third parties, permission fees and royalty income are shown under other operating income.

Tangible fixed assets and depreciation policy

Tangible fixed assets are stated at cost less accumulated depreciation. Fixed assets include some limited edition prints used for promotional purposes. It is in the opinion of the directors that where the residual value of these assets is likely to be greater than original cost, no depreciation has been provided.

Valuation and information policy

Investment in subsidiary company: This is stated at cost less amounts provided for impairment.

Other accounting policies

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

ENITHARMON EDITIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

2. Employees

2024 2023
Average number of employees during the period 2 2

ENITHARMON EDITIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Tangible Assets

Total
Cost £
At 01 April 2023 13,637
Additions 141
Disposals (930)
At 31 March 2024 12,848
Depreciation
At 01 April 2023 5,886
Charge for year 513
On disposals (874)
At 31 March 2024 5,525
Net book value
At 31 March 2024 7,323
At 31 March 2023 7,751

ENITHARMON EDITIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Fixed investments

Fixed asset investments comprise cost of shares in subsidiary company. Cost at 31 March 2023 and at 31 March 2024: £20,000 Amounts written off: At 31 March 2023 and at 31 March 2024: £19,766 Net book value: At 31 March 2024 and at 31 March 2033: £234

ENITHARMON EDITIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

5. Debtors

Debtors due within one year comprises at 31 March 2024: Trade debtors £13,845, amounts owed by subsidiary £461 and other debtors £8,204. Debtors at 31 March 2023 comprise: Trade debtors £18,737, amount owed by subsidiary £851 and other debtors £8,652.

ENITHARMON EDITIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

6. Creditors: amounts falling due within one year note

Creditors falling due within one year comprise at 31 March 2024:Trade creditors £5,036, taxation £nil, other creditors £37,826. Creditors falling due within one year comprise at 31 march 2023: Trade creditors £7,720, taxation £7,625, other creditors £100,266.

ENITHARMON EDITIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

7. Financial commitments

The company as entered into a commitment to pay an annual rent of £8,167 per annum on some commercial premises on a lease due to expire within the next two years.

ENITHARMON EDITIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

8. Loans to directors

Name of director receiving advance or credit: Miss Isabel Brittain
Description of the loan: Advance
£
Balance at 01 April 2023 0
Advances or credits made: 16,000
Advances or credits repaid: 14,209
Balance at 31 March 2024 1,791

The advance to the director is unsecured and interest-free and is repayable upon demand.

ENITHARMON EDITIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

9. Related party transactions

Name of the related party: A director and majority shareholder
Relationship:
Director and shareholder
Description of the Transaction: Advance which is unsecured and interest-free and repayable upon demand.
£
Balance at 01 April 2023 52,111
Balance at 31 March 2024 12,111