Company Registration No. 08712934 (England and Wales)
ENELSEA FINANCIAL PLANNING LTD
Unaudited accounts
for the year ended 31 October 2024
ENELSEA FINANCIAL PLANNING LTD
Unaudited accounts
Contents
ENELSEA FINANCIAL PLANNING LTD
Company Information
for the year ended 31 October 2024
Directors
Nicola Louisa Charley
Rupert Nigel Charley
Company Number
08712934 (England and Wales)
Registered Office
1 LITTLE GREEN
REDMARLEY
GLOUCESTER
GL19 3LQ
Accountants
The Practice - Chartered Management Accountants
2 New Street
Ledbury
Herefordshire
HR8 2DX
ENELSEA FINANCIAL PLANNING LTD
Statement of financial position
as at 31 October 2024
Tangible assets
6,596
6,622
Investments
313,942
257,624
Cash at bank and in hand
232,704
126,805
Creditors: amounts falling due within one year
(131,816)
(70,860)
Net current assets
102,589
57,398
Net assets
423,127
321,644
Called up share capital
25
25
Profit and loss account
423,102
321,619
Shareholders' funds
423,127
321,644
For the year ending 31 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 2 July 2025 and were signed on its behalf by
Rupert Nigel Charley
Director
Company Registration No. 08712934
ENELSEA FINANCIAL PLANNING LTD
Notes to the Accounts
for the year ended 31 October 2024
ENELSEA FINANCIAL PLANNING LTD is a private company, limited by shares, registered in England and Wales, registration number 08712934. The registered office is 1 LITTLE GREEN, REDMARLEY, GLOUCESTER, GL19 3LQ.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% Reducing Balance
Fixtures & fittings
15% Reducing Balance
Computer equipment
33 % Straight LIne
Investments in shares are included at fair value.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Based on the information available, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, the directors continue to adopt the going concern basis in preparing the financial statements.
ENELSEA FINANCIAL PLANNING LTD
Notes to the Accounts
for the year ended 31 October 2024
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 November 2023
1,938
11,494
14,709
28,141
At 31 October 2024
1,938
11,494
17,754
31,186
At 1 November 2023
1,532
7,444
12,543
21,519
Charge for the year
81
615
2,375
3,071
At 31 October 2024
1,613
8,059
14,918
24,590
At 31 October 2024
325
3,435
2,836
6,596
At 31 October 2023
406
4,050
2,166
6,622
5
Investments
Other investments
Valuation at 1 November 2023
257,624
Fair value adjustments
42,595
Valuation at 31 October 2024
313,942
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
112,733
53,245
Loans from directors
13,394
13,394
ENELSEA FINANCIAL PLANNING LTD
Notes to the Accounts
for the year ended 31 October 2024
Allotted, called up and fully paid:
51 Ordinary shares - Class A of £0.25 each
12.75
12.75
34 Ordinary shares - Class B of £0.25 each
8.50
8.50
5 Ordinary shares - Class C of £0.25 each
1.25
1.25
5 Ordinary shares - Class D of £0.25 each
1.25
1.25
5 Ordinary shares - Class E of £0.25 each
1.25
1.25
9
Transactions with related parties
Loan from directors, 0% interest, with no set repayment date. £13,394 ( 2023 - £ 13,394)
10
Average number of employees
During the year the average number of employees was 6 (2023: 6).