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REGISTERED NUMBER: 08324666 (England and Wales)
























UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

ENDEAVOUR 129 LIMITED
TRADING AS
SEAT SURGEONS

ENDEAVOUR 129 LIMITED (REGISTERED NUMBER: 08324666)
TRADING AS SEAT SURGEONS

CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 30 September 2024










Page

Report of the Accountants 1

Balance Sheet 2

Notes to the Financial Statements 4


ENDEAVOUR 129 LIMITED
TRADING AS SEAT SURGEONS

REPORT OF THE ACCOUNTANTS TO THE DIRECTOR OF
ENDEAVOUR 129 LIMITED


The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of the company from the company's accounting records and from information and explanations you have given us.

This report is made solely to the Board of Directors of the company, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of the company and state those matters that we have agreed to state to the Board of Directors of the company, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that the company has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of the company. You consider that the company is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of the company. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Fortus Limited
Business Advisors & Accountants
Equinox House
Clifton Park, Shipton Road
York
Yorkshire
YO30 5PA


13 February 2025

ENDEAVOUR 129 LIMITED (REGISTERED NUMBER: 08324666)
TRADING AS SEAT SURGEONS

BALANCE SHEET
30 September 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 2,800 4,200
Tangible assets 5 232,087 392,587
234,887 396,787

CURRENT ASSETS
Stocks 6,563 6,563
Debtors 6 169,885 119,538
Cash at bank and in hand 75,415 104,440
251,863 230,541
CREDITORS
Amounts falling due within one year 7 315,367 400,634
NET CURRENT LIABILITIES (63,504 ) (170,093 )
TOTAL ASSETS LESS CURRENT LIABILITIES 171,383 226,694

CREDITORS
Amounts falling due after more than
one year

8

(96,612

)

(158,863

)

PROVISIONS FOR LIABILITIES 11 (57,960 ) (113,586 )
NET ASSETS/(LIABILITIES) 16,811 (45,755 )

CAPITAL AND RESERVES
Called up share capital 12 10 10
Retained earnings 16,801 (45,765 )
SHAREHOLDERS' FUNDS 16,811 (45,755 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

ENDEAVOUR 129 LIMITED (REGISTERED NUMBER: 08324666)
TRADING AS SEAT SURGEONS

BALANCE SHEET - continued
30 September 2024


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 13 February 2025 and were signed by:





B C Hewitt - Director


ENDEAVOUR 129 LIMITED (REGISTERED NUMBER: 08324666)
TRADING AS SEAT SURGEONS

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 30 September 2024


1. STATUTORY INFORMATION

Endeavour 129 Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 08324666

Registered office: Unit 5 And 6 High Roans Business Park
Sheriff Hutton Business Park
Strensall
York
North Yorkshire
YO32 5TR

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.

These financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £1.

Turnover
Turnover is measured at the fair value of the consideration received or receivable in respect of the sale of bespoke seats for automobiles. Turnover excludes value added tax and other sales taxes.

Goodwill
Goodwill relates to the amount paid in connection with the acquisition of the business, being amortised evenly over its useful life.

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. The useful economic life of the intangible assets is 5 years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 25% on cost
Fixtures and fittings - 25% on cost
Motor vehicles - 25% on cost
Computer equipment - 25% on cost

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


ENDEAVOUR 129 LIMITED (REGISTERED NUMBER: 08324666)
TRADING AS SEAT SURGEONS

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 30 September 2024


2. ACCOUNTING POLICIES - continued
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.

Unutilised trading losses of £85,949 are carried forward to be used against future trading profits.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Going concern
At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

Cash at bank and in hand
Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts.

ENDEAVOUR 129 LIMITED (REGISTERED NUMBER: 08324666)
TRADING AS SEAT SURGEONS

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 30 September 2024


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 7 ) .

4. INTANGIBLE FIXED ASSETS
Patents
and
Goodwill licences Totals
£    £    £   
COST
At 1 October 2023
and 30 September 2024 1 7,000 7,001
AMORTISATION
At 1 October 2023 1 2,800 2,801
Amortisation for year - 1,400 1,400
At 30 September 2024 1 4,200 4,201
NET BOOK VALUE
At 30 September 2024 - 2,800 2,800
At 30 September 2023 - 4,200 4,200

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 October 2023 463,484 100,245 208,303 20,989 793,021
Additions - 222 13,813 - 14,035
At 30 September 2024 463,484 100,467 222,116 20,989 807,056
DEPRECIATION
At 1 October 2023 203,212 60,481 119,914 16,827 400,434
Charge for year 105,069 17,874 50,073 1,519 174,535
At 30 September 2024 308,281 78,355 169,987 18,346 574,969
NET BOOK VALUE
At 30 September 2024 155,203 22,112 52,129 2,643 232,087
At 30 September 2023 260,272 39,764 88,389 4,162 392,587

ENDEAVOUR 129 LIMITED (REGISTERED NUMBER: 08324666)
TRADING AS SEAT SURGEONS

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 30 September 2024


5. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 October 2023
and 30 September 2024 303,670 147,458 451,128
DEPRECIATION
At 1 October 2023 112,473 70,515 182,988
Charge for year 75,917 35,175 111,092
At 30 September 2024 188,390 105,690 294,080
NET BOOK VALUE
At 30 September 2024 115,280 41,768 157,048
At 30 September 2023 191,197 76,943 268,140

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 126,684 73,145
Other debtors 43,201 46,393
169,885 119,538

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,000 10,000
Hire purchase contracts (see note 9) 52,217 52,217
Taxation and social security 43,652 48,520
Other creditors 209,498 289,897
315,367 400,634

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 8,334 18,333
Hire purchase contracts (see note 9) 88,278 140,530
96,612 158,863

Amounts falling due in more than five years:

Repayable by instalments
Hire purchase 4,201 8,402

ENDEAVOUR 129 LIMITED (REGISTERED NUMBER: 08324666)
TRADING AS SEAT SURGEONS

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 30 September 2024


8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued

The bank loan is repayable over 6 years, with no repayment due for the first year. Interest is charged at a rate of 2.5% commencing after 1 year. The loan is due to mature in July 2026.

9. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts
2024 2023
Net obligations repayable: £    £   

Within one year 52,217 52,217
Between one and five years 84,077 132,128
In more than five years 4,201 8,402
140,495 192,747

10. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Hire purchase contracts 140,495 192,747

Hire purchase contracts are secured against the assets to which they relate.

11. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 57,960 113,586

Deferred
tax
£   
Balance at 1 October 2023 113,586
Unused amounts reversed during year (55,626 )
Balance at 30 September 2024 57,960

12. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
10 Ordinary £1 10 10

ENDEAVOUR 129 LIMITED (REGISTERED NUMBER: 08324666)
TRADING AS SEAT SURGEONS

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 30 September 2024


13. RELATED PARTY DISCLOSURES

Included in other debtors is a balance £29,833 (2023 - £29,833) owed from Z Edition Ltd, a company with a common director.

Included in debtors is a balance of £21,603 (2023 - £21,603) owed from Ezee Parts Ltd, a company with a common director.