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Company No: 04650989 (England and Wales)

ENTERPRISE GENERATOR LIMITED

UNAUDITED FINANCIAL STATEMENTS
FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2024
PAGES FOR FILING WITH THE REGISTRAR

ENTERPRISE GENERATOR LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2024

Contents

ENTERPRISE GENERATOR LIMITED

COMPANY INFORMATION

FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2024
ENTERPRISE GENERATOR LIMITED

COMPANY INFORMATION (continued)

FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2024
DIRECTOR Mr J Lutwyche
SECRETARY Mrs L Lutwyche
REGISTERED OFFICE 4 The Old Stables
Mitton Road
Whalley
BB7 9PA
United Kingdom
COMPANY NUMBER 04650989 (England and Wales)
ACCOUNTANT MHA
14 Mannin Way
Lancaster Business Park
Lancaster
Lancashire
LA1 3SW
ENTERPRISE GENERATOR LIMITED

BALANCE SHEET

AS AT 31 DECEMBER 2024
ENTERPRISE GENERATOR LIMITED

BALANCE SHEET (continued)

AS AT 31 DECEMBER 2024
Note 2024 2023
£ £
Fixed assets
Tangible assets 3 7,043 3,960
7,043 3,960
Current assets
Debtors 4 69,616 72,606
Cash at bank and in hand 12,473 12,271
82,089 84,877
Creditors: amounts falling due within one year 5 ( 78,198) ( 68,703)
Net current assets 3,891 16,174
Total assets less current liabilities 10,934 20,134
Creditors: amounts falling due after more than one year 6 ( 7,500) ( 17,500)
Provision for liabilities ( 1,760) ( 990)
Net assets 1,674 1,644
Capital and reserves
Called-up share capital 7 10 10
Profit and loss account 1,664 1,634
Total shareholders' funds 1,674 1,644

For the financial year ending 31 December 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The financial statements of Enterprise Generator Limited (registered number: 04650989) were approved and authorised for issue by the Director on 09 June 2025. They were signed on its behalf by:

Mr J Lutwyche
Director
ENTERPRISE GENERATOR LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2024
ENTERPRISE GENERATOR LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Enterprise Generator Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 4 The Old Stables, Mitton Road, Whalley, BB7 9PA, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The director has assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The director has a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Foreign currency

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Balance Sheet date are reported at the rates of exchange prevailing at that date.

Exchange differences are recognised in the Profit and Loss Account in the period in which they arise except for exchange differences arising on gains or losses on non-monetary items which are recognised in the Statement of Comprehensive Income.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Vehicles 25 % reducing balance
Computer equipment 4 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including the director 3 3

3. Tangible assets

Vehicles Computer equipment Total
£ £ £
Cost
At 01 January 2024 21,675 5,677 27,352
Additions 0 4,499 4,499
At 31 December 2024 21,675 10,176 31,851
Accumulated depreciation
At 01 January 2024 20,006 3,386 23,392
Charge for the financial year 417 999 1,416
At 31 December 2024 20,423 4,385 24,808
Net book value
At 31 December 2024 1,252 5,791 7,043
At 31 December 2023 1,669 2,291 3,960

4. Debtors

2024 2023
£ £
Trade debtors 66,000 72,144
Other debtors 3,616 462
69,616 72,606

5. Creditors: amounts falling due within one year

2024 2023
£ £
Bank loans 10,000 10,000
Taxation and social security 66,261 56,004
Other creditors 1,937 2,699
78,198 68,703

6. Creditors: amounts falling due after more than one year

2024 2023
£ £
Bank loans 7,500 17,500

There are no amounts included above in respect of which any security has been given by the small entity.

7. Called-up share capital

2024 2023
£ £
Allotted, called-up and fully-paid
10 Ordinary shares of £ 1.00 each 10 10