REGISTERED NUMBER: 04089692 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

ENERCO DOORS & LOADING BAY SOLUTIONS

LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr C Hughes

Mrs P S Hughes

REGISTERED OFFICE:

260 - 270 Butterfield

Great Marlings

Luton

Bedfordshire

LU2 8DL

BUSINESS ADDRESS:

Unit 20

Triumph Way

Woburn Road Industrial Estate

Kempston

Bedfordshire

MK42 7QB

REGISTERED NUMBER:

04089692 (England and Wales)

ACCOUNTANTS:

Foxley Kingham

Chartered Accountants

260 - 270 Butterfield

Great Marlings

Luton

Bedfordshire

LU2 8DL

FIXED ASSETS

Tangible assets

4

440,261

215,507

CURRENT ASSETS

Stocks

41,987

49,430

Debtors

5

828,814

740,440

Cash at bank and in hand

885,592

944,385

1,756,393

1,734,255

CREDITORS

Amounts falling due within one year

6

995,844

974,798

NET CURRENT ASSETS

760,549

759,457

TOTAL ASSETS LESS CURRENT LIABILITIES

1,200,810

974,964

CREDITORS

Amounts falling due after more than one year

7

(90,437

)

(18,270

)

PROVISIONS FOR LIABILITIES

9

(110,065

)

(52,416

)

NET ASSETS

1,000,308

904,278

CAPITAL AND RESERVES

Called up share capital

10

6

6

Capital redemption reserve

2

2

Retained earnings

1,000,300

904,270

SHAREHOLDERS' FUNDS

1,000,308

904,278

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 5 September 2025 and were signed on its behalf by:

Mr C Hughes - Director

Mrs P S Hughes - Director

1.	STATUTORY INFORMATION

Enerco Doors & Loading Bay Solutions Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on reducing balance

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

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

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 29 (2023 - 25 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 January 2024

57,808

8,405

453,402

85,522

605,137

Additions

600

-

499,783

-

500,383

Disposals

-

-

(233,036

)

-

(233,036

)

At 31 December 2024

58,408

8,405

720,149

85,522

872,484

DEPRECIATION

At 1 January 2024

38,580

5,746

269,858

75,446

389,630

Charge for year

4,957

665

131,216

3,325

140,163

Eliminated on disposal

-

-

(97,570

)

-

(97,570

)

At 31 December 2024

43,537

6,411

303,504

78,771

432,223

NET BOOK VALUE

At 31 December 2024

14,871

1,994

416,645

6,751

440,261

At 31 December 2023

19,228

2,659

183,544

10,076

215,507

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

Additions

150,845

At 31 December 2024

150,845

DEPRECIATION

Charge for year

37,711

At 31 December 2024

37,711

NET BOOK VALUE

At 31 December 2024

113,134

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

358,100

352,325

Amounts owed by group undertakings

392,790

308,585

Other debtors

77,924

79,530

828,814

740,440

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

10,000

10,000

Hire purchase contracts

20,598

-

Trade creditors

391,179

477,130

Corporation tax

15,663

93,860

Taxation and social security

73,968

57,111

Other creditors

31,951

31,951

Directors' loan accounts

435,626

296,071

Accrued expenses

16,859

8,675

995,844

974,798

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans

8,216

10,000

Bank loans - 2-5 years

-

8,270

Hire purchase contracts

82,221

-

90,437

18,270

8.	SECURED DEBTS

The following secured debts are included within creditors:

2024

2023

£

£

Hire purchase contracts

102,819

-

Hire purchase loans are secured against the assets they finance. The bounce back loan amount is guaranteed by the UK government.

9.	PROVISIONS FOR LIABILITIES

2024

2023

£

£

Deferred tax

110,065

52,416

Deferred

tax

£

Balance at 1 January 2024

52,416

Provided during year

57,649

Balance at 31 December 2024

110,065

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

2

Ordinary

£1

2

2

2

Ordinary B

£1

2

2

2

Ordinary C

£1

2

2

6

6

All shares rank pari-pasu in terms of voting rights, to receive dividends and for any distribution made on a winding up.

11.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Enerco Doors Holdings Limited.