4 false false false false false false false false false false true false false false false false false No description of principal activity 2023-09-01 Sage Accounts Production Advanced 2024 - FRS102_2024 3,743 414 375 789 2,954 3,329 xbrli:pure xbrli:shares iso4217:GBP 09735165 2023-09-01 2024-08-31 09735165 2024-08-31 09735165 2023-08-31 09735165 2022-09-01 2023-08-31 09735165 2023-08-31 09735165 2022-08-31 09735165 core:PlantMachinery 2023-09-01 2024-08-31 09735165 bus:OrdinaryShareClass1 2023-09-01 2024-08-31 09735165 bus:OrdinaryShareClass2 2023-09-01 2024-08-31 09735165 bus:Director1 2023-09-01 2024-08-31 09735165 core:PatentsTrademarksLicencesConcessionsSimilar 2023-08-31 09735165 core:PatentsTrademarksLicencesConcessionsSimilar 2024-08-31 09735165 core:PlantMachinery 2023-08-31 09735165 core:PlantMachinery 2024-08-31 09735165 core:WithinOneYear 2024-08-31 09735165 core:WithinOneYear 2023-08-31 09735165 core:ShareCapital 2024-08-31 09735165 core:ShareCapital 2023-08-31 09735165 core:RetainedEarningsAccumulatedLosses 2024-08-31 09735165 core:RetainedEarningsAccumulatedLosses 2023-08-31 09735165 core:BetweenOneFiveYears 2023-08-31 09735165 core:PatentsTrademarksLicencesConcessionsSimilar 2023-09-01 2024-08-31 09735165 core:PatentsTrademarksLicencesConcessionsSimilar 2023-08-31 09735165 core:PlantMachinery 2023-08-31 09735165 bus:SmallEntities 2023-09-01 2024-08-31 09735165 bus:AuditExemptWithAccountantsReport 2023-09-01 2024-08-31 09735165 bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 09735165 bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 09735165 bus:FullAccounts 2023-09-01 2024-08-31 09735165 bus:OrdinaryShareClass1 2024-08-31 09735165 bus:OrdinaryShareClass1 2023-08-31 09735165 bus:OrdinaryShareClass2 2024-08-31 09735165 bus:OrdinaryShareClass2 2023-08-31 09735165 bus:AllOrdinaryShares 2024-08-31 09735165 bus:AllOrdinaryShares 2023-08-31 09735165 core:OfficeEquipment 2023-09-01 2024-08-31 09735165 core:OfficeEquipment 2023-08-31 09735165 core:OfficeEquipment 2024-08-31
COMPANY REGISTRATION NUMBER: 09735165
Enstruc Procurement Limited
Filleted Unaudited Financial Statements
31 August 2024
Enstruc Procurement Limited
Statement of Financial Position
31 August 2024
2024
2023
Note
£
£
£
Fixed assets
Intangible assets
5
2,954
3,329
Tangible assets
6
6,375
6,641
-------
-------
9,329
9,970
Current assets
Stocks
19,096
44,119
Debtors
7
3,211
14,937
Cash at bank and in hand
490,782
615,721
---------
---------
513,089
674,777
Creditors: amounts falling due within one year
8
145,128
212,322
---------
---------
Net current assets
367,961
462,455
---------
---------
Total assets less current liabilities
377,290
472,425
Provisions
Taxation including deferred tax
1,594
2,176
---------
---------
Net assets
375,696
470,249
---------
---------
Capital and reserves
Called up share capital
9
200
200
Profit and loss account
375,496
470,049
---------
---------
Shareholders funds
375,696
470,249
---------
---------
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 statement of income and retained earnings has not been delivered.
For the year ending 31 August 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 financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
Enstruc Procurement Limited
Statement of Financial Position (continued)
31 August 2024
These financial statements were approved by the board of directors and authorised for issue on 28 May 2025 , and are signed on behalf of the board by:
KTRM Follett
Director
Company registration number: 09735165
Enstruc Procurement Limited
Notes to the Financial Statements
Year ended 31 August 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 6 The Linen Yard, South Street, Crewkerne, Somerset, TA18 8AB.
2. Statement of compliance
These financial statements have been prepared in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis. 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 and represents amounts receivable for goods supplied, stated net of discounts and of 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.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
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.
Operating leases
Lease payments are recognised as an expense over the lease term on a straight-line basis.
Intangible assets
Intangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated amortisation and impairment losses.
Amortisation
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:
Amortisation
-
10 years straight line
If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.
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.
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:
Plant and machinery
-
25% reducing balance
Equipment
-
25% reducing balance
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.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.
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.
Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 4 (2023: 4 ).
5. Intangible assets
Patents, trademarks and licences
£
Cost
At 1 September 2023 and 31 August 2024
3,743
-------
Amortisation
At 1 September 2023
414
Charge for the year
375
-------
At 31 August 2024
789
-------
Carrying amount
At 31 August 2024
2,954
-------
At 31 August 2023
3,329
-------
6. Tangible assets
Plant and machinery
Equipment
Total
£
£
£
Cost
At 1 September 2023
1,891
15,252
17,143
Additions
1,860
1,860
-------
--------
--------
At 31 August 2024
1,891
17,112
19,003
-------
--------
--------
Depreciation
At 1 September 2023
1,699
8,803
10,502
Charge for the year
48
2,078
2,126
-------
--------
--------
At 31 August 2024
1,747
10,881
12,628
-------
--------
--------
Carrying amount
At 31 August 2024
144
6,231
6,375
-------
--------
--------
At 31 August 2023
192
6,449
6,641
-------
--------
--------
7. Debtors
2024
2023
£
£
Trade debtors
( 302)
11,722
Other debtors
3,513
3,215
-------
--------
3,211
14,937
-------
--------
8. Creditors: amounts falling due within one year
2024
2023
£
£
Bank loans and overdrafts
44,969
Trade creditors
116,749
69,239
Corporation tax
24,319
92,288
Social security and other taxes
1,101
Other creditors
4,060
4,725
---------
---------
145,128
212,322
---------
---------
9. Called up share capital
Issued, called up and fully paid
2024
2023
No.
£
No.
£
Ordinary A shares of £ 1 each
100
100
100
100
Ordinary B shares of £ 1 each
100
100
100
100
----
----
----
----
200
200
200
200
----
----
----
----
10. Operating leases
The total future minimum lease payments under non-cancellable operating leases are as follows:
2024
2023
£
£
Not later than 1 year
10,244
10,244
Later than 1 year and not later than 5 years
10,244
--------
--------
10,244
20,488
--------
--------