Registration number: 05855873

Enigma Imports (UK) Ltd

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 6

Enigma Imports (UK) Ltd

Company Information

Director

Mr J Strowger

Registered office

Tiptree Lafrowda Close St Just Penzance Cornwall TR19 7HZ

Accountants

D.J. Reynolds & Co. Chartered Accountants15 Alverton Street Penzance Cornwall TR18 2QP

Enigma Imports (UK) Ltd

(Registration number: 05855873)
Balance Sheet as at 30 September 2024

	Note	2024 £	2023 £
Current assets
Debtors	4	24,762	26,458
Cash at bank and in hand		198	505
		24,960	26,963
Creditors: Amounts falling due within one year	5	(2,593)	(3,088)
Total assets less current liabilities		22,367	23,875
Creditors: Amounts falling due after more than one year	5	(71,682)	(71,682)
Net liabilities		(49,315)	(47,807)
Capital and reserves
Called up share capital	6	2	2
Retained earnings		(49,317)	(47,809)
Shareholders' deficit		(49,315)	(47,807)

For the financial year ending 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 30 September 2025
 

......................................... Mr J Strowger Director

Enigma Imports (UK) Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

1	General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
Tiptree
Lafrowda Close
St Just
Penzance
Cornwall
TR19 7HZ

These financial statements were authorised for issue by the director on 30 September 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The presentational currency is pounds sterling £.

Going concern

The company incurred a loss for the financial year ended 30 September 2024 of £1,508 (2023: Loss of £1,704). As at 30 September 2024 the company had net liabilities of £49,315 (2023: net laibilities of £47,807). The company has also not traded during the year or prior year.

These factors indicate a material uncertainty of the company's ability to continue as a going concern.

However, these financial statements have been prepared on a going concern basis on the basis that the director and shareholders will continue to provide financial support to the company in order to assist meeting the company's liabilities for the forthcoming year and the forseeable future.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Enigma Imports (UK) Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 2 (2023 - 2).

Enigma Imports (UK) Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

4

Debtors

Current	2024 £	2023 £
Other debtors	24,762	26,458
	24,762	26,458

5

Creditors

Creditors: amounts falling due within one year

	2024 £	2023 £
Due within one year
Taxation and social security	338	583
Accruals and deferred income	2,255	2,505
	2,593	3,088

Creditors: amounts falling due after more than one year

	2024 £	2023 £
Due after one year
Other financial liabilities	71,682	71,682

6	Share capital

Allotted, called up and fully paid shares

	2024		2023
	No.	£	No.	£
Ordinary of £1 each	2	2	2	2

Enigma Imports (UK) Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

7	Related party transactions

Summary of transactions with all entities with joint control or significant interest

Enigma Home and Garden Ltd (A company under the control of Mr J Strowger and Mr R Strowger.)
During the year there were transactions into and out of some bank accounts held by Enigma Imports (UK) Ltd which were on behalf of Enigma Home and Garden Ltd. Funds were also transferred between accounts held by the two companies.

At the balance sheet date the amount due to Enigma Imports (UK) Ltd from Enigma Home and Garden Ltd was £24,759. (2023 - £26,458.)