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REGISTERED NUMBER: 03502330 (England and Wales)















Abridged Unaudited Financial Statements for the Year Ended 30 March 2024

for

Envex Contractors Limited

Envex Contractors Limited (Registered number: 03502330)






Contents of the Financial Statements
for the Year Ended 30 March 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 3


Envex Contractors Limited

Company Information
for the Year Ended 30 March 2024







DIRECTORS: G B Chatterton
Miss L Chatterton



REGISTERED OFFICE: The Knowl
Severn Stoke Bank
Severn Stoke
Worcester
Worcestershire
WR8 9JP



REGISTERED NUMBER: 03502330 (England and Wales)



ACCOUNTANTS: Charles Hinitt & Associates Limited
Chartered Certified Accountants
48 Belle Vue Terrace
Malvern
Worcestershire
WR14 4QG



BANKERS: Lloyds TSB
The Cross
Worcester Branch
4 The Cross
Worcester
Worcestershire
WR1 3PY

Envex Contractors Limited (Registered number: 03502330)

Abridged Balance Sheet
30 March 2024

30/3/24 30/3/23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 8,897 10,360

CURRENT ASSETS
Debtors 1,746,603 1,724,281
Cash at bank 210,488 246,979
1,957,091 1,971,260
CREDITORS
Amounts falling due within one year 35,690 35,690
NET CURRENT ASSETS 1,921,401 1,935,570
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,930,298

1,945,930

CAPITAL AND RESERVES
Called up share capital 12,800 12,800
Capital redemption reserve 5 6,400 6,400
Retained earnings 5 1,911,098 1,926,730
SHAREHOLDERS' FUNDS 1,930,298 1,945,930

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

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

The directors acknowledge their 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 30 March 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 November 2024 and were signed on its behalf by:



G B Chatterton - Director


Envex Contractors Limited (Registered number: 03502330)

Notes to the Financial Statements
for the Year Ended 30 March 2024

1. STATUTORY INFORMATION

Envex Contractors Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned entities within the group.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance, 25% on cost and 15% on reducing balance

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

Envex Contractors Limited (Registered number: 03502330)

Notes to the Financial Statements - continued
for the Year Ended 30 March 2024

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 31 March 2023 112,163
Additions 1,488
At 30 March 2024 113,651
DEPRECIATION
At 31 March 2023 101,803
Charge for year 2,951
At 30 March 2024 104,754
NET BOOK VALUE
At 30 March 2024 8,897
At 30 March 2023 10,360

5. RESERVES
Capital
Retained redemption
earnings reserve Totals
£    £    £   

At 31 March 2023 1,926,730 6,400 1,933,130
Deficit for the year (2,932 ) - (2,932 )
Dividends (12,700 ) - (12,700 )
At 30 March 2024 1,911,098 6,400 1,917,498

6. CONTINGENT LIABILITIES

The company has contingent liabilities arising in the ordinary course of business from which it is anticipated that no material liabilities will arise.


7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the year end the Director G B Chatterton was owed by the company £30,690 (2023 £30,690). This balance carries no right to interest and is repayable on demand.

8. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Envex Holdings Limited.