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REGISTERED NUMBER: 13195867 (England and Wales)


Enzo Wholesale Ltd

Abridged Unaudited Financial Statements

for the Year Ended 31 March 2025






Enzo Wholesale Ltd (Registered number: 13195867)






Contents of the Financial Statements
for the year ended 31 March 2025




Page

Company Information 1

Chartered Accountants' Report 2

Statement of Financial Position 3

Notes to the Financial Statements 5


Enzo Wholesale Ltd

Company Information
for the year ended 31 March 2025







DIRECTOR: Mrs H Toprak





REGISTERED OFFICE: 293 Fore Street
Edmonton
London
N9 0PD





REGISTERED NUMBER: 13195867 (England and Wales)





ACCOUNTANTS: Alton & Co
Chartered Accountants
239-241 Kennington Lane
London
SE11 5QU

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Enzo Wholesale Ltd

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 Statement of Financial Position. Readers are cautioned that the Abridged 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 Enzo Wholesale Ltd for the year ended 31 March 2025 which comprise the Abridged Income Statement, Statement of Financial Position and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Enzo Wholesale Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Enzo Wholesale Ltd and state those matters that we have agreed to state to the director of Enzo Wholesale Ltd in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Enzo Wholesale Ltd and its director for our work or for this report.

It is your duty to ensure that Enzo Wholesale Ltd 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 Enzo Wholesale Ltd. You consider that Enzo Wholesale Ltd 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 Enzo Wholesale Ltd. 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.






Alton & Co
Chartered Accountants
239-241 Kennington Lane
London
SE11 5QU


28 May 2025

Enzo Wholesale Ltd (Registered number: 13195867)

Statement of Financial Position
31 March 2025

2025 2024
Notes £    £    £   
FIXED ASSETS
Property, plant and equipment 3 144,466 -

CURRENT ASSETS
Inventories 3,850,565 -
Debtors 4 231,391 4,364
Cash at bank and in hand 174,001 112,862
4,255,957 117,226
CREDITORS
Amounts falling due within one year 5 3,739,720 47,020
NET CURRENT ASSETS 516,237 70,206
TOTAL ASSETS LESS CURRENT
LIABILITIES

660,703

70,206

CREDITORS
Amounts falling due after more than one
year

6

(200,000

)

-

PROVISIONS FOR LIABILITIES 7 (32,090 ) -
NET ASSETS 428,613 70,206

Enzo Wholesale Ltd (Registered number: 13195867)

Statement of Financial Position - continued
31 March 2025

2025 2024
Notes £    £    £   
CAPITAL AND RESERVES
Called up share capital 8 200,000 10,000
Retained earnings 9 228,613 60,206
SHAREHOLDERS' FUNDS 428,613 70,206

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

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 for the year ended 31 March 2025 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 director and authorised for issue on 28 May 2025 and were signed by:





Mrs H Toprak - Director


Enzo Wholesale Ltd (Registered number: 13195867)

Notes to the Financial Statements
for the year ended 31 March 2025

1. 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.

Turnover
Revenue 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 - 20% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

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

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

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

Enzo Wholesale Ltd (Registered number: 13195867)

Notes to the Financial Statements - continued
for the year ended 31 March 2025

1. ACCOUNTING POLICIES - continued

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.

2. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 44 (2024 - 1 ) .

3. PROPERTY, PLANT AND EQUIPMENT
Fixtures
Short Plant and and
leasehold machinery fittings
£    £    £   
COST
Additions 75,046 2,667 136,183
At 31 March 2025 75,046 2,667 136,183
DEPRECIATION
Charge for year 58,939 533 34,046
At 31 March 2025 58,939 533 34,046
NET BOOK VALUE
At 31 March 2025 16,107 2,134 102,137

Motor Computer
vehicles equipment Totals
£    £    £   
COST
Additions 30,985 1,132 246,013
At 31 March 2025 30,985 1,132 246,013
DEPRECIATION
Charge for year 7,746 283 101,547
At 31 March 2025 7,746 283 101,547
NET BOOK VALUE
At 31 March 2025 23,239 849 144,466

Enzo Wholesale Ltd (Registered number: 13195867)

Notes to the Financial Statements - continued
for the year ended 31 March 2025

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 223,244 4,364
Other debtors 8,147 -
231,391 4,364

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Bank loans and overdrafts 30,000 -
Trade creditors 3,566,927 27,800
Taxation and social security 66,525 18,013
Other creditors 76,268 1,207
3,739,720 47,020

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2025 2024
£    £   
Other creditors 200,000 -

7. PROVISIONS FOR LIABILITIES
2025 2024
£    £   
Deferred tax 32,090 -

Deferred
tax
£   
Charge to Income Statement during year 32,090
Balance at 31 March 2025 32,090

Enzo Wholesale Ltd (Registered number: 13195867)

Notes to the Financial Statements - continued
for the year ended 31 March 2025

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £    £   
200,000 Ordinary 1 200,000 10,000

190,000 Ordinary shares of 1 each were allotted and fully paid for cash at par during the year.

9. RESERVES
Retained
earnings
£   

At 1 April 2024 60,206
Profit for the year 168,407
At 31 March 2025 228,613

10. RELATED PARTY DISCLOSURES

Transactions with members of key management personnel:

At balance sheet date, amounts due to related party £210,060 (2024:£60). Interest free loan payable on demand and is presented within creditors.

Transactions with companies under common & Joint control:

At balance sheet date, amounts due to related parties £1,906,047 (2024:Nil). Interest free loan payable on demand and is presented within creditors.