REGISTERED NUMBER: 13294451 (England and Wales)

ENTASIS HOLDINGS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

30TH APRIL 2025

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

to

5

DIRECTORS:

Mr A J Salmon

Mr R W F Sharpe

Mr A A Inchley

Mr N D Quinn

REGISTERED OFFICE:

Dyer House

3 Dyer Street

CIRENCESTER

Gloucestershire

GL7 2PP

REGISTERED NUMBER:

13294451 (England and Wales)

ACCOUNTANTS:

Morris Owen

Chartered Accountants

43-45 Devizes Road

SWINDON

Wiltshire

SN1 4BG

FIXED ASSETS

Investments

4

587

587

CURRENT ASSETS

Debtors

5

302,209

57,496

Cash at bank

393,193

1,118,140

695,402

1,175,636

CREDITORS

Amounts falling due within one year

6

44,112

99,614

NET CURRENT ASSETS

651,290

1,076,022

TOTAL ASSETS LESS CURRENT LIABILITIES

651,877

1,076,609

CAPITAL AND RESERVES

Called up share capital

535

669

Share premium

7

122,773

122,773

Capital redemption reserve

7

134

-

Retained earnings

7

528,435

953,167

651,877

1,076,609

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th April 2025 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 13th August 2025 and were signed on its behalf by:

Mr N D Quinn - Director

Mr A J Salmon - Director

Mr A A Inchley - Director

Mr R W F Sharpe - Director

1.	STATUTORY INFORMATION

Entasis Holdings Limited is a private company, limited by shares, registered in England and Wales.

The company's registered number is 13294451.

The company's registered office address is Dyer House, 3 Dyer Street, Cirencester, GL7 2PP.

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.

Significant judgements and estimates

In preparing these financial statements, the directors have made the following judgements:

- Determine whether leases entered into by the company as a lessee are operating leases or finance leases. These decisions depend on an assessment of whether the risks and rewards of ownership have been transferred from the lessor to the lessee on a lease by lease basis.

- Determine the period of useful economic life and any residual value of all tangible fixed assets order to write off the value of each asset over that period.

- Determine an appropriate provision for bad and doubtful debts by assessing the recoverability of all balances on a balance by balance basis.

- Determine an appropriate provision for dilapidations by assessing the probable future obligations expected to exist at the end of the property lease.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Financial instruments

Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Short term trade creditors are measured at the transaction price. Other financial liabilities, including loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 5 ) .

4.	FIXED ASSET INVESTMENTS

Shares in

group

undertaki

£

COST

At 1st May 2024

and 30th April 2025

587

NET BOOK VALUE

At 30th April 2025

587

At 30th April 2024

587

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed by group undertakings

248,258

-

Other debtors

53,951

57,496

302,209

57,496

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed to group undertakings

-

71,848

Taxation and social security

1,707

-

Other creditors

42,405

27,766

44,112

99,614

7.

RESERVES

During the year the company purchased own shares of 10,000 C ordinary shares of 0.01p for a consideration of £357,000 and 3,375 F ordinary shares of 0.01p for a consideration of £43,000.

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30th April 2025 and 30th April 2024:

2025

2024

£

£

Mr A A Inchley

Balance outstanding at start of year

57,233

-

Amounts advanced

164,487

57,233

Amounts repaid

(168,046

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

53,674

57,233