Company No: 04079907 (England and Wales)

Contents

• Company Information
• Statement of Financial Position
• Notes to the Financial Statements

DIRECTORS	B Macpherson
	N Macpherson

REGISTERED OFFICE	Unit 2 Pale Lane
	Hartley Wintney
	Hook
	Hampshire
	RG27 8DH
	United Kingdom

COMPANY NUMBER

04079907 (England and Wales)

ACCOUNTANT	Shaw Gibbs Limited
	Wey Court West
	Union Road
	Farnham
	Surrey
	GU9 7PT

	Note	2024		2023
		£		£
Fixed assets
Tangible assets	3	279,662		101,273
		279,662		101,273
Current assets
Debtors	4	2,537,843		1,060,228
Cash at bank and in hand	5	320,437		652,408
		2,858,280		1,712,636
Creditors: amounts falling due within one year	6	( 2,201,773)		( 1,221,239)
Net current assets		656,507		491,397
Total assets less current liabilities		936,169		592,670
Provision for liabilities	7	( 60,114)		( 14,461)
Net assets		876,055		578,209
Capital and reserves
Called-up share capital		50		50
Capital redemption reserve		50		50
Profit and loss account		875,955		578,109
Total shareholder's funds		876,055		578,209

For the financial year ending 31 December 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Enbloc Limited (registered number: 04079907) were approved and authorised for issue by the Board of Directors on 24 September 2025. They were signed on its behalf by:

B Macpherson Director

1. Accounting policies

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

General information and basis of accounting

Enbloc Limited (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 Unit 2 Pale Lane, Hartley Wintney, Hook, Hampshire, RG27 8DH,, United Kingdom.

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

Foreign currency

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Statement of Income and Retained Earnings within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Turnover from the sale of goods is recognised when the goods are physically delivered to the customer.

Interest income

Interest income is recognised in profit or loss using the effective interest method.

Employee benefits

Defined contribution schemes
The Company operates a defined contribution scheme. The amount charged to the Statement of Income and Retained Earnings in respect of pension costs and other post-retirement benefits is the contributions payable in the financial year. Differences between contributions payable in the financial year and contributions actually paid are included as either accruals or prepayments in the Statement of Financial Position.

Taxation

Current tax
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 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.

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:

Plant and machinery	33 % reducing balance
Vehicles	33 % reducing balance
Fixtures and fittings	15 % reducing balance
Office equipment	33 % reducing balance

Depreciation methods, useful lives and residual values are reviewed at each balance sheet date. The selection of these residual values and estimated lives requires the exercise of judgement. The directors are required to assess whether there is an indication of impairment to the carrying value of assets. In making that assessment, judgements are made in estimating value in use. The directors consider that the individual carrying values of assets are supportable by their value in use.

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 Statement of Financial Position date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

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.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Statement of Financial Position date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

2. Employees

	2024		2023
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	17		13

3. Tangible assets

	Plant and machinery		Vehicles		Fixtures and fittings		Office equipment		Total
	£		£		£		£		£
Cost
At 01 January 2024	36,109		211,770		11,677		49,727		309,283
Additions	1,308		230,555		0		12,727		244,590
Disposals	0		( 64,597)		0		0		( 64,597)
At 31 December 2024	37,417		377,728		11,677		62,454		489,276
Accumulated depreciation
At 01 January 2024	29,856		137,294		7,397		33,463		208,010
Charge for the financial year	2,099		25,262		639		9,200		37,200
Disposals	0		( 35,596)		0		0		( 35,596)
At 31 December 2024	31,955		126,960		8,036		42,663		209,614
Net book value
At 31 December 2024	5,462		250,768		3,641		19,791		279,662
At 31 December 2023	6,253		74,476		4,280		16,264		101,273

4. Debtors

	2024		2023
	£		£
Trade debtors	1,382,900		90,701
Amounts owed by Group undertakings	136,101		584,967
Prepayments	950,363		382,373
VAT recoverable	63,973		0
Other debtors	4,506		2,187
	2,537,843		1,060,228

5. Cash and cash equivalents

	2024		2023
	£		£
Cash at bank and in hand	320,437		652,408

6. Creditors: amounts falling due within one year

	2024		2023
	£		£
Trade creditors	1,545,726		629,144
Accruals	38,335		126,164
Corporation tax	515,885		232,225
Other taxation and social security	78,404		221,241
Other creditors	23,423		12,465
	2,201,773		1,221,239

7. Deferred tax

	2024		2023
	£		£
At the beginning of financial year	( 14,461)		( 19,852)
(Charged)/credited to the Statement of Income and Retained Earnings	( 45,653)		5,391
At the end of financial year	( 60,114)		( 14,461)

8. Ultimate controlling party

Enbloc Limited is a wholly owned subsidiary of Enbloc (Holdings) Limited.
Enbloc (Holdings) Limited is owned by the Enbloc Limited Employee Ownership Trust.