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Company No: 13467640 (England and Wales)

ENTEC FACILITIES LTD

Unaudited Financial Statements
For the financial period from 01 July 2023 to 31 December 2024
Pages for filing with the registrar

ENTEC FACILITIES LTD

Unaudited Financial Statements

For the financial period from 01 July 2023 to 31 December 2024

Contents

ENTEC FACILITIES LTD

COMPANY INFORMATION

For the financial period from 01 July 2023 to 31 December 2024
ENTEC FACILITIES LTD

COMPANY INFORMATION (continued)

For the financial period from 01 July 2023 to 31 December 2024
DIRECTOR Mr. J. Blackburn
REGISTERED OFFICE 48 The Fairway
Abbots Langley
WD5 0JZ
United Kingdom
COMPANY NUMBER 13467640 (England and Wales)
ACCOUNTANT Verallo
Century House
Wargrave Road
Henley-on-Thames
Oxfordshire
United Kingdom
RG9 2LT
ENTEC FACILITIES LTD

BALANCE SHEET

As at 31 December 2024
ENTEC FACILITIES LTD

BALANCE SHEET (continued)

As at 31 December 2024
Note 31.12.2024 30.06.2023
£ £
Fixed assets
Tangible assets 3 177 295
Investments 4 21,756 0
21,933 295
Current assets
Debtors 5 6,189 3,876
Cash at bank and in hand 14,251 12,400
20,440 16,276
Creditors: amounts falling due within one year 6 ( 39,345) ( 16,385)
Net current liabilities (18,905) (109)
Total assets less current liabilities 3,028 186
Net assets 3,028 186
Capital and reserves
Called-up share capital 7 100 100
Profit and loss account 2,928 86
Total shareholders' funds 3,028 186

For the financial period 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:

These financial statements have been prepared in accordance with the provisions of FRS 102 Section 1A – small entities. The financial statements of Entec Facilities Ltd (registered number: 13467640) were approved and authorised for issue by the Director on 03 July 2025. They were signed on its behalf by:

Mr. J. Blackburn
Director
ENTEC FACILITIES LTD

NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 01 July 2023 to 31 December 2024
ENTEC FACILITIES LTD

NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 01 July 2023 to 31 December 2024
1. Accounting policies

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

General information and basis of accounting

Entec Facilities Ltd (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 48 The Fairway, Abbots Langley, WD5 0JZ, 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.

Group accounts exemption

Group accounts exemption s399
The Company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group of which this is the parent qualifies as a small group. The financial statements present information about the Company as an individual entity and not about its group.

Reporting period length

The period is presented for a period greater than one year due to the period end being extended to 31 December to align with group companies. As a result, the figures presented in the financial statements are not entirely comparable.

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.

Employee benefits

Short term benefits
The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised as an expense when the Company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

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:

Fixtures and fittings 5 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.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Financial assets are derecognised when and only when the contractual rights to the cash flows from the financial asset expire or are settled, or the Company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or the Company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Basic financial liabilities
Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Financial liabilities are derecognised when the company’s contractual obligations expire or are discharged or cancelled.

Equity instruments
Equity instruments issued by the Company are recorded at the fair value of cash or other resources received or receivable, net of direct issue costs. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the Company.

2. Employees

Period from
01.07.2023 to
31.12.2024
Year ended
30.06.2023
Number Number
Monthly average number of persons employed by the Company during the period, including the director 0 0

3. Tangible assets

Fixtures and fittings Total
£ £
Cost
At 01 July 2023 395 395
At 31 December 2024 395 395
Accumulated depreciation
At 01 July 2023 100 100
Charge for the financial period 118 118
At 31 December 2024 218 218
Net book value
At 31 December 2024 177 177
At 30 June 2023 295 295

4. Fixed asset investments

Investments in subsidiaries

31.12.2024
£
Cost
At 01 July 2023 0
Additions 21,756
At 31 December 2024 21,756
Carrying value at 31 December 2024 21,756
Carrying value at 30 June 2023 0

5. Debtors

31.12.2024 30.06.2023
£ £
Trade debtors 37 0
Prepayments 482 1,615
CIS suffered 5,670 2,261
6,189 3,876

6. Creditors: amounts falling due within one year

31.12.2024 30.06.2023
£ £
Amounts owed to Group undertakings 21,048 0
Amounts owed to director 6,921 6,512
Accruals 1,839 2,650
Corporation tax 9,520 6,090
Other taxation and social security 17 1,133
39,345 16,385

7. Called-up share capital

31.12.2024 30.06.2023
£ £
Allotted, called-up and fully-paid
Nil Ordinary shares (30.06.2023: 100 shares of £ 1.00 each) 0 100
40 Ordinary A shares of £ 1.00 each (30.06.2023: nil shares) 40 0
40 Ordinary B shares of £ 1.00 each (30.06.2023: nil shares) 40 0
10 Ordinary C shares of £ 1.00 each (30.06.2023: nil shares) 10 0
10 Ordinary D shares of £ 1.00 each (30.06.2023: nil shares) 10 0
100 100

On 31 December 2023, 100 Ordinary shares of £1 each were resdesignated as 40 Ordinary A shares of £1 each, 40 Ordinary B shares of £1 each, 10 Ordinary C shares of £1 each and 10 Ordinary D shares of £1 each.

8. Financial commitments

Commitments

31.12.2024 30.06.2023
£ £
Total future minimum lease payments under non-cancellable operating lease 2,267 6,801