Registration number: 03706565

Enidvale Holdings Limited

Contents

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

Enidvale Holdings Limited

(Registration number: 03706565)
Balance Sheet as at 28 February 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	27,304	18,867
Investment property	5	650,000	3,825,875
Investments	6	30	10
		677,334	3,844,752
Current assets
Debtors	7	4,580,882	2,102,080
Cash at bank and in hand		511,882	244,596
		5,092,764	2,346,676
Creditors: Amounts falling due within one year	8	(212,233)	(112,440)
Net current assets		4,880,531	2,234,236
Total assets less current liabilities		5,557,865	6,078,988
Provisions for liabilities		(28,240)	(515,002)
Net assets		5,529,625	5,563,986
Capital and reserves
Called up share capital		77	77
Share premium reserve		419,925	419,925
Other reserves		2,305,986	1,866,887
Retained earnings		2,803,637	3,277,097
Shareholders' funds		5,529,625	5,563,986

Enidvale Holdings Limited

(Registration number: 03706565)
Balance Sheet as at 28 February 2025

For the financial year ending 28 February 2025 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 10 October 2025 and signed on its behalf by:
 

......................................... W A Bird Director

Enidvale Holdings Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025

1	General information

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

The address of its registered office is:
Littlecote Road
Froxfield
Nr Marlborough
Wiltshire
SN8 3JY

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.

Group accounts not prepared

The company is part of a small group. The company has taken advantage of the exemption provided by Section 398 of the Companies Act 2006 and has not prepared group accounts.

Revenue recognition

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

Tax

The tax expense for the period comprises current tax payable and deferred tax.

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.

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.

Enidvale Holdings Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025

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
Fixtures and fittings	15% reducing balance
Plant and machinery	15% straight line
Office equipment	15% straight line

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

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.

Debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers.

Leases

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.

Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.

Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

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. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

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 2 (2024 - 2).

Enidvale Holdings Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025

4	Tangible assets

	Fixtures and fittings £	Plant and machinery £	Office equipment £	Total £
Cost or valuation
At 1 March 2024	91,783	3,700	9,395	104,878
Additions	15,815	-	4,458	20,273
Disposals	-	-	(9,395)	(9,395)
At 28 February 2025	107,598	3,700	4,458	115,756
Depreciation
At 1 March 2024	81,190	3,700	1,121	86,011
Charge for the year	3,080	-	482	3,562
Eliminated on disposal	-	-	(1,121)	(1,121)
At 28 February 2025	84,270	3,700	482	88,452
Carrying amount
At 28 February 2025	23,328	-	3,976	27,304
At 29 February 2024	10,593	-	8,274	18,867

Enidvale Holdings Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025

5	Investment properties

	2025 £
At 1 March	3,825,875
Additions	21,207
Disposals	(3,115,945)
Fair value adjustments	(81,137)
At 28 February	650,000

The investment properties class of assets were revalued on 28 February 2025 by the directors. The basis of this valuation was fair value.

There has been no valuation of investment property by an independent valuer.

Had this class of asset been measured on a historical cost basis, the carrying amount would have been £517,272 (2024: £1,422,084).

6	Investments

	2025 £	2024 £
Investments in subsidiaries	30	10