REGISTERED NUMBER: 01912599 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

ENCIL LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A Nichols

E Nichols

SECRETARY:

E E Nichols

REGISTERED OFFICE:

3 Sefton Grove

Liverpool

L17 8XB

REGISTERED NUMBER:

01912599 (England and Wales)

ACCOUNTANTS:

Marriott Gibbs Rees Wallis Limited

Chartered Certified Accountants

First Floor

Unit 4, Broadfield Court

Sheffield

South Yorkshire

S8 0XF

FIXED ASSETS

Tangible assets

4

104

149

Investment property

5

1,655,000

1,655,000

1,655,104

1,655,149

CURRENT ASSETS

Debtors

6

64,559

65,759

Cash at bank

983,615

995,118

1,048,174

1,060,877

CREDITORS

Amounts falling due within one year

7

52,791

50,287

NET CURRENT ASSETS

995,383

1,010,590

TOTAL ASSETS LESS CURRENT LIABILITIES

2,650,487

2,665,739

CAPITAL AND RESERVES

Called up share capital

3,000,000

3,000,000

Fair value reserve

8

(1,401,494

)

(1,401,494

)

Retained earnings

8

1,051,981

1,067,233

2,650,487

2,665,739

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

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 Board of Directors and authorised for issue on 17 November 2025 and were signed on its behalf by:

A Nichols - Director

1.	STATUTORY INFORMATION

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

The presentation currency of the financial statements is the Pound Sterling (£).

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 as modified by the revaluation of certain assets.

Significant judgements and estimates

The directors have made key assumptions in the determination of the fair value of investment property in respect of the state of the property market in the location where the property is situated and in respect of the range of reasonable fair value estimates of the asset. The valuation of the property at the reporting date is stated in the notes.

Turnover

Turnover consists of rental income receivable on property investments, exclusive of VAT.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

20% on reducing balance

Computer equipment

-

33% on cost

Investment property

Investment property is shown at fair value at each reporting date with changes in fair value recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

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 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 April 2024

and 31 March 2025

2,958

1,148

4,106

DEPRECIATION

At 1 April 2024

2,828

1,129

3,957

Charge for year

26

19

45

At 31 March 2025

2,854

1,148

4,002

NET BOOK VALUE

At 31 March 2025

104

-

104

At 31 March 2024

130

19

149

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

and 31 March 2025

1,655,000

NET BOOK VALUE

At 31 March 2025

1,655,000

At 31 March 2024

1,655,000

Fair value at 31 March 2025 is represented by:

£

Valuation in 2024

(1,401,494

)

Cost

3,056,494

1,655,000

If investment property had not been revalued it would have been included at the following historical cost:

2025

2024

£

£

Cost

3,056,494

3,056,494

The investment property was valued at the balance sheet date by the directors of the company who are not professionally qualified valuers. The fair value has been determined by reference to market factors including evidence of transaction prices for similar property in the location where the property is situated.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

41,527

40,764

Other debtors

23,032

24,995

64,559

65,759

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

8,444

5,321

Taxation and social security

8,344

9,361

Other creditors

36,003

35,605

52,791

50,287

8.

RESERVES

Fair

Retained

value

earnings

reserve

Totals

£

£

£

At 1 April 2024

1,067,233

(1,401,494

)

(334,261

)

Deficit for the year

(15,252

)

(15,252

)

At 31 March 2025

1,051,981

(1,401,494

)

(349,513

)