| ENODOC PROPERTIES LIMITED |
| Registered number: |
08313644 |
| Balance Sheet |
| as at 30 September 2024 |
|
| Notes |
|
|
2024 |
|
|
2023 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
3 |
|
|
540,000 |
|
|
779,494 |
| Investments |
4 |
|
|
18,530 |
|
|
10,530 |
|
|
|
|
558,530 |
|
|
790,024 |
|
| Current assets |
| Debtors |
5 |
|
12,594 |
|
|
60,000 |
| Cash at bank and in hand |
|
|
89,050 |
|
|
65,997 |
|
|
|
101,644 |
|
|
125,997 |
|
| Creditors: amounts falling due within one year |
6 |
|
(218,041) |
|
|
(234,849) |
|
| Net current liabilities |
|
|
|
(116,397) |
|
|
(108,852) |
|
| Total assets less current liabilities |
|
|
|
442,133 |
|
|
681,172 |
|
| Creditors: amounts falling due after more than one year |
7 |
|
|
(340,655) |
|
|
(347,262) |
|
| Provisions for liabilities |
|
|
|
- |
|
|
(36,849) |
|
|
| Net assets |
|
|
|
101,478 |
|
|
297,061 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
100 |
|
|
100 |
| Revaluation reserve |
8 |
|
|
- |
|
|
193,942 |
| Profit and loss account |
|
|
|
101,378 |
|
|
103,019 |
|
| Shareholders' funds |
|
|
|
101,478 |
|
|
297,061 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| Mrs Sarah Elizabeth Altman |
| Director |
| Approved by the board on 25 July 2025 |
|
| ENODOC PROPERTIES LIMITED |
| Notes to the Accounts |
| for the year ended 30 September 2024 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Turnover |
|
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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. |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
|
|
Fixtures, fittings, tools and equipment |
over 5 years |
|
|
Investment property |
|
Investment property is included at fair value. Gains are recognised in the Income statement. Deferred Taxation is provided on these gains at the rate expected to apply when the property is sold. |
|
|
Investments |
|
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account. |
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted. |
|
|
Provisions |
|
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably. |
|
|
Pensions |
|
Contributions to defined contribution plans are expensed in the period to which they relate. |
|
|
| 2 |
Employees |
2024 |
|
2023 |
| Number |
Number |
|
|
Average number of persons employed by the company |
2 |
|
2 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
|
|
|
Land and buildings |
|
Plant and machinery etc |
|
Total |
| £ |
£ |
£ |
|
Cost |
|
At 1 October 2023 |
779,494 |
|
3,750 |
|
783,244 |
|
Surplus on revaluation |
(239,494) |
|
- |
|
(239,494) |
|
At 30 September 2024 |
540,000 |
|
3,750 |
|
543,750 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 October 2023 |
- |
|
3,750 |
|
3,750 |
|
At 30 September 2024 |
- |
|
3,750 |
|
3,750 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 30 September 2024 |
540,000 |
|
- |
|
540,000 |
|
At 30 September 2023 |
779,494 |
|
- |
|
779,494 |
|
|
|
|
|
|
|
|
|
|
|
Freehold land and buildings: |
2024 |
|
2023 |
| £ |
£ |
|
Historical cost |
585,552 |
|
585,552 |
|
Cumulative depreciation based on historical cost |
- |
|
- |
|
|
|
|
|
|
585,552 |
|
585,552 |
|
Land and Buildings comprise an investment property which is valued on basis of its fair value as at 30 September 2024 by Mr N Altman, a director of the company, who has acquired experience in property in the course of his professional work as a Chartered Surveyor and based on his opinion, the property has been revalued in accordance with the fair value. |
|
|
| 4 |
Investments |
|
| Other |
| investments |
| £ |
|
Cost |
|
At 1 October 2023 |
10,530 |
|
Additions |
8,000 |
|
|
At 30 September 2024 |
18,530 |
|
|
The company holds 128 ordinary shares capital of the South Eastern Properties Limited. |
|
|
| 5 |
Debtors |
2024 |
|
2023 |
| £ |
£ |
|
|
Trade debtors |
10,969 |
|
- |
|
Other debtors |
1,625 |
|
60,000 |
|
|
|
|
|
|
12,594 |
|
60,000 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Creditors: amounts falling due within one year |
2024 |
|
2023 |
| £ |
£ |
|
|
Bank loans and overdrafts |
6,486 |
|
6,269 |
|
Amounts owed to related company |
201,718 |
|
231,718 |
|
Director's accounts |
|
|
|
|
321 |
|
321 |
|
Taxation and social security costs |
4,215 |
|
1,911 |
|
Corporation tax |
- |
|
(7,319) |
|
Other creditors |
5,301 |
|
1,949 |
|
|
|
|
|
|
218,041 |
|
234,849 |
|
|
|
|
|
|
|
|
|
|
| 7 |
Creditors: amounts falling due after one year |
2024 |
|
2023 |
| £ |
£ |
|
|
Bank loans |
340,655 |
|
347,262 |
|
|
|
|
|
|
|
|
|
|
| 8 |
Revaluation reserve |
2024 |
|
2023 |
| £ |
£ |
|
|
At 1 October 2023 |
193,942 |
|
193,942 |
|
Revaluation reserve adjustment |
(193,942) |
|
|
At 30 September 2024 |
- |
|
193,942 |
|
|
|
|
|
|
|
|
|
|
| 9 |
Related party transactions |
|
|
Mr N Altman has a 51% interest and Ms S Altman has a 49% interest in the issued ordinary share capital of Van De Berg Management Limited. As at the balance sheet date £201,718 (2023 - £231,718) was owed to Van De Berg Management Limited. There are no fixed terms for repayment. |
|
|
| 10 |
Other information |
|
|
ENODOC PROPERTIES LIMITED is a private company limited by shares and incorporated in England. Its registered office is: |
|
30A GREEN LANE |
|
NORTHWOOD |
|
MIDDLESEX |
|
HA6 2QB |