REGISTERED NUMBER: SC441613 (Scotland)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Enrolpay Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

G A Thomson

REGISTERED OFFICE:

Bellisle Farm

Kilmarnock

Ayrshire

KA1 5JF

REGISTERED NUMBER:

SC441613 (Scotland)

ACCOUNTANTS:

McMillan Bain & Company

27 High Park Avenue

Stranraer

Dumfries & Galloway

DG9 0DE

FIXED ASSETS

Intangible assets

4

271,673

78,897

Tangible assets

5

85,724

25,758

357,397

104,655

CURRENT ASSETS

Debtors

94,985

219,878

Cash at bank and in hand

3,458

35,243

98,443

255,121

CREDITORS

Amounts falling due within one year

102,439

57,198

NET CURRENT (LIABILITIES)/ASSETS

(3,996

)

197,923

TOTAL ASSETS LESS CURRENT LIABILITIES

353,401

302,578

CREDITORS

Amounts falling due after more than one year

82,606

43,590

NET ASSETS

270,795

258,988

CAPITAL AND RESERVES

Called up share capital

6

100

100

Share premium

9,980

9,980

Retained earnings

260,715

248,908

SHAREHOLDER FUNDS

270,795

258,988

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 director acknowledges his 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 December 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 3 September 2025 and were signed by:

G A Thomson - Director

1.	STATUTORY INFORMATION

Enrolpay Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

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.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of five years.

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.

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on reducing balance

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.

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 6 (2023 - 4 ) .

4.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1 January 2024

211,821

Additions

250,000

At 31 December 2024

461,821

AMORTISATION

At 1 January 2024

132,924

Amortisation for year

57,224

At 31 December 2024

190,148

NET BOOK VALUE

At 31 December 2024

271,673

At 31 December 2023

78,897

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 January 2024

58,893

Additions

102,672

Disposals

(32,575

)

At 31 December 2024

128,990

DEPRECIATION

At 1 January 2024

33,135

Charge for year

28,963

Eliminated on disposal

(18,832

)

At 31 December 2024

43,266

NET BOOK VALUE

At 31 December 2024

85,724

At 31 December 2023

25,758

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

Totals

£

COST

At 1 January 2024

32,575

Additions

101,350

Disposals

(32,575

)

At 31 December 2024

101,350

DEPRECIATION

At 1 January 2024

18,832

Charge for year

25,338

Eliminated on disposal

(18,832

)

At 31 December 2024

25,338

NET BOOK VALUE

At 31 December 2024

76,012

At 31 December 2023

13,743

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

80

Ordinary Shares

£1

80

80

20

B Ordinary Shares

£1

20

20

100

100