1 false false false false false false false false false false true false false false false false false No description of principal activity 2023-10-01 Sage Accounts Production Advanced 2023 - FRS102_2023 3,644 3,639 5 5 90,820 149,626 168,662 16,021 87,805 9,222 9,222 87,805 81,598 xbrli:pure xbrli:shares iso4217:GBP 09237055 2023-10-01 2024-09-30 09237055 2024-09-30 09237055 2023-09-30 09237055 2022-10-01 2023-09-30 09237055 2023-09-30 09237055 2022-09-30 09237055 bus:Director1 2023-10-01 2024-09-30 09237055 core:WithinOneYear 2024-09-30 09237055 core:WithinOneYear 2023-09-30 09237055 core:ShareCapital 2024-09-30 09237055 core:ShareCapital 2023-09-30 09237055 core:RetainedEarningsAccumulatedLosses 2024-09-30 09237055 core:RetainedEarningsAccumulatedLosses 2023-09-30 09237055 core:CostValuation core:Non-currentFinancialInstruments 2023-09-30 09237055 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2024-09-30 09237055 core:DisposalsRepaymentsInvestments core:Non-currentFinancialInstruments 2024-09-30 09237055 core:Non-currentFinancialInstruments core:RevaluationsIncreaseDecreaseInInvestments 2024-09-30 09237055 core:CostValuation core:Non-currentFinancialInstruments 2024-09-30 09237055 core:Non-currentFinancialInstruments core:ProvisionsForImpairmentInvestments 2023-09-30 09237055 core:ImpairmentReversalProvisionsForImpairmentInvestments core:Non-currentFinancialInstruments 2024-09-30 09237055 core:Non-currentFinancialInstruments 2024-09-30 09237055 core:Non-currentFinancialInstruments 2023-09-30 09237055 bus:SmallEntities 2023-10-01 2024-09-30 09237055 bus:AuditExemptWithAccountantsReport 2023-10-01 2024-09-30 09237055 bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 09237055 bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 09237055 bus:FullAccounts 2023-10-01 2024-09-30 09237055 core:ComputerEquipment 2023-10-01 2024-09-30 09237055 core:ComputerEquipment 2024-09-30 09237055 core:ComputerEquipment 2023-09-30
COMPANY REGISTRATION NUMBER: 09237055
enfraLEX Limited
Unaudited financial statements
30 September 2024
enfraLEX Limited
Statement of financial position
30 September 2024
2024
2023
Note
£
£
£
£
Fixed assets
Tangible assets
5
5
5
Investments
6
87,805
81,598
-------
-------
87,810
81,603
Current assets
Debtors
7
31,197
205,923
Cash at bank and in hand
538,980
321,248
---------
---------
570,177
527,171
Creditors: Amounts falling due within one year
8
( 132,796)
( 138,735)
---------
---------
Net current assets
437,381
388,436
---------
---------
Total assets less current liabilities
525,191
470,039
Provisions
Taxation including deferred tax
( 4,915)
---------
---------
Net assets
520,276
470,039
---------
---------
Capital and reserves
Called up share capital
100
100
Profit and loss account
520,176
469,939
---------
---------
Shareholders funds
520,276
470,039
---------
---------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the income statement has not been delivered.
For the year ending 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
enfraLEX Limited
Statement of financial position (continued)
30 September 2024
These financial statements were approved by the board of directors and authorised for issue on 13 January 2025 , and are signed on behalf of the board by:
S Levinson
Director
Company registration number: 09237055
enfraLEX Limited
Notes to the financial statements
Year ended 30 September 2024
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Sixty Six, North Quay, Great Yarmouth, Norfolk, NR30 1HE. The trading address of the company is 61 Neil Street, Carlton VIC 3053, Australia
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Income tax
Provision is made, under the liability method, to take account of timing differences between the treatment of certain items for accounts purposes and their treatment for tax purposes. Tax deferred or accelerated is accounted for in respect of all material timing differences.
Foreign currencies
Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.
Depreciation
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:
Computer equimpment
-
25% straight line
Investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.
Provisions
Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.
4. Employee numbers
The average number of employees during the year was 1 (2023: 1 ).
5. Tangible assets
Equipment
Total
£
£
Cost
At 1 October 2023 and 30 September 2024
3,644
3,644
------
------
Depreciation
At 1 October 2023 and 30 September 2024
3,639
3,639
------
------
Carrying amount
At 30 September 2024
5
5
------
------
At 30 September 2023
5
5
------
------
6. Investments
Other investments other than loans
£
Cost
At 1 October 2023
90,820
Additions
149,626
Disposals
( 168,662)
Revaluations
16,021
---------
At 30 September 2024
87,805
---------
Impairment
At 1 October 2023
9,222
Reversal of impairment losses
( 9,222)
---------
At 30 September 2024
---------
Carrying amount
At 30 September 2024
87,805
---------
At 30 September 2023
81,598
---------
7. Debtors
2024
2023
£
£
Trade debtors
31,197
205,923
-------
---------
8. Creditors: Amounts falling due within one year
2024
2023
£
£
Trade creditors
11,008
41,088
Social security and other taxes
119,093
95,032
Other creditors
2,695
2,615
---------
---------
132,796
138,735
---------
---------