4 4 Friends of 1st Enable Ltd 08508093 false 2023-07-31 2024-07-30 2024-07-30 The principal activity of the company is Social work activities without accommodation for the elderley and disabled Digita Accounts Production Advanced 6.30.9574.0 true 08508093 2023-07-31 2024-07-30 08508093 2024-07-30 08508093 core:CurrentFinancialInstruments 2024-07-30 08508093 core:CurrentFinancialInstruments core:WithinOneYear 2024-07-30 08508093 core:Non-currentFinancialInstruments core:AfterOneYear 2024-07-30 08508093 core:FurnitureFittings 2024-07-30 08508093 bus:SmallEntities 2023-07-31 2024-07-30 08508093 bus:AuditExemptWithAccountantsReport 2023-07-31 2024-07-30 08508093 bus:FilletedAccounts 2023-07-31 2024-07-30 08508093 bus:SmallCompaniesRegimeForAccounts 2023-07-31 2024-07-30 08508093 bus:RegisteredOffice 2023-07-31 2024-07-30 08508093 bus:Director1 2023-07-31 2024-07-30 08508093 bus:Director2 2023-07-31 2024-07-30 08508093 bus:Director3 2023-07-31 2024-07-30 08508093 bus:Director4 2023-07-31 2024-07-30 08508093 bus:Director5 2023-07-31 2024-07-30 08508093 bus:CompanyLimitedByGuarantee 2023-07-31 2024-07-30 08508093 bus:Agent1 2023-07-31 2024-07-30 08508093 core:FurnitureFittings 2023-07-31 2024-07-30 08508093 core:EntitiesWithJointControlOrSignificantInfluenceOverReportingEntity 2023-07-31 2024-07-30 08508093 countries:AllCountries 2023-07-31 2024-07-30 08508093 2023-07-30 08508093 core:FurnitureFittings 2023-07-30 08508093 2022-08-01 2023-07-30 08508093 2023-07-30 08508093 core:CurrentFinancialInstruments 2023-07-30 08508093 core:CurrentFinancialInstruments core:WithinOneYear 2023-07-30 08508093 core:Non-currentFinancialInstruments core:AfterOneYear 2023-07-30 08508093 core:FurnitureFittings 2023-07-30 xbrli:pure iso4217:GBP

Registration number: 08508093

Friends of 1st Enable Ltd

(A company limited by guarantee)

Unaudited Filleted Financial Statements

for the Year Ended 30 July 2024

 

Friends of 1st Enable Ltd

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 6

 

Friends of 1st Enable Ltd

Company Information

Directors

1st Enable Ltd

Mr J Dawson

Mrs S G Dawson

Mr L Todd

Mrs S Todd

Registered office

Bridge House
313 Chester Road
Little Sutton
Ellesmere Port
Cheshire
CH66 3RF

Accountants

Phillip Bates & Co Limited 1 - 3 Chester Road
Neston
Cheshire
CH64 9PA

 

Friends of 1st Enable Ltd

(Registration number: 08508093)
Balance Sheet as at 30 July 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

-

804

Current assets

 

Debtors

5

-

123

Cash at bank and in hand

 

4,585

14,731

 

4,585

14,854

Creditors: Amounts falling due within one year

6

(2,593)

(1,201)

Net current assets

 

1,992

13,653

Total assets less current liabilities

 

1,992

14,457

Creditors: Amounts falling due after more than one year

6

(46,704)

(51,751)

Net liabilities

 

(44,712)

(37,294)

Reserves

 

Retained earnings

(44,712)

(37,294)

Deficit

 

(44,712)

(37,294)

For the financial year ending 30 July 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

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

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 13 March 2025 and signed on its behalf by:
 

.........................................
Mr J Dawson
Director

.........................................
Mr L Todd
Director

 

Friends of 1st Enable Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 July 2024

1

General information

The company is a company limited by guarantee, incorporated in England & Wales, and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £1 towards the assets of the company in the event of liquidation.

The address of its registered office is:
Bridge House
313 Chester Road
Little Sutton
Ellesmere Port
Cheshire
CH66 3RF
England

These financial statements were authorised for issue by the Board on 13 March 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

 

Friends of 1st Enable Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 July 2024

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Fixtures & Fittings

20% Straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 4 (2023 - 4).

 

Friends of 1st Enable Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 July 2024

4

Tangible assets

Fixtures and fittings
£

Total
£

Cost or valuation

At 31 July 2023

804

804

Disposals

(804)

(804)

At 30 July 2024

-

-

Depreciation

Carrying amount

At 30 July 2024

-

-

At 30 July 2023

804

804

5

Debtors

Current

2024
£

2023
£

Trade debtors

-

123

 

-

123

6

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Accruals and deferred income

2,592

1,200

Other creditors

1

1

2,593

1,201

Creditors: amounts falling due after more than one year

2024
£

2023
£

Due after one year

Other non-current financial liabilities

46,704

51,751

 

Friends of 1st Enable Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 July 2024

7

Related party transactions

Summary of transactions with all entities with joint control or significant interest


1st Enable Ltd

At the year end the company owed an amount of £46,704 (£51,751) to 1st Enable Ltd, a Corporate Director. The loan is unsecured and interest free.