Registration number: 09767622

Enigma Home and Garden Ltd

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 9

Enigma Home and Garden Ltd

Company Information

Directors

Mr R Strowger Mr J Strowger

Registered office

Tiptree Lafrowda Close St Just Penzance Cornwall TR19 7HZ

Accountants

D.J. Reynolds & Co 15 Alverton Street Penzance Cornwall TR18 2QP

Enigma Home and Garden Ltd

(Registration number: 09767622)
Balance Sheet as at 30 September 2024

	Note	2024 £	2023 £
Fixed assets
Intangible assets	4	153	-
Tangible assets	5	11,510	12,979
		11,663	12,979
Current assets
Stocks	6	212,375	194,087
Debtors	7	461,033	457,752
Cash at bank and in hand		332,812	158,817
		1,006,220	810,656
Creditors: Amounts falling due within one year	8	(894,845)	(933,658)
Net current assets/(liabilities)		111,375	(123,002)
Total assets less current liabilities		123,038	(110,023)
Creditors: Amounts falling due after more than one year	8	(11,257)	(21,507)
Provisions for liabilities		(2,322)	-
Net assets/(liabilities)		109,459	(131,530)
Capital and reserves
Called up share capital	9	100	100
Retained earnings		109,359	(131,630)
Shareholders' funds/(deficit)		109,459	(131,530)

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.

Directors' 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 directors acknowledge their 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 directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 30 September 2025 and signed on its behalf by:
 

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

Enigma Home and Garden 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 Board 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 £.

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.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Enigma Home and Garden Ltd

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

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Motor vehicles	25% reducing balance
Computer equipment	33% straight line

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Intellectual property	10% straight line

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.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell.

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.

Enigma Home and Garden Ltd

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

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

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.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 3 (2023 - 3).

Enigma Home and Garden Ltd

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

4	Intangible assets

	Other intangible assets  £	Total £
Cost or valuation
Additions acquired separately	170	170
At 30 September 2024	170	170
Amortisation
Amortisation charge	17	17
At 30 September 2024	17	17
Carrying amount
At 30 September 2024	153	153

5	Tangible assets

	Motor vehicles  £	Other tangible assets £	Total £
Cost or valuation
At 1 October 2023	32,285	5,807	38,092
Additions	-	4,249	4,249
At 30 September 2024	32,285	10,056	42,341
Depreciation
At 1 October 2023	21,808	3,305	25,113
Charge for the year	2,621	3,097	5,718
At 30 September 2024	24,429	6,402	30,831
Carrying amount
At 30 September 2024	7,856	3,654	11,510
At 30 September 2023	10,477	2,502	12,979

6

Stocks

	2024 £	2023 £
Goods for resale	212,375	194,087

Enigma Home and Garden Ltd

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

7

Debtors

Current	2024 £	2023 £
Trade debtors	448,141	457,752
Other debtors	12,892	-
	461,033	457,752

8

Creditors

Creditors: amounts falling due within one year

	Note	2024 £	2023 £
Due within one year
Loans and borrowings	10	10,411	10,161
Trade creditors		408,438	516,002
Taxation and social security		126,112	52,134
Accruals and deferred income		7,895	7,895
Other creditors		341,989	347,466
		894,845	933,658