Company registration number SC464847 (Scotland)
ENSCO 436 LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
PAGES FOR FILING WITH REGISTRAR
ENSCO 436 LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 4
ENSCO 436 LIMITED
BALANCE SHEET
AS AT
31 MARCH 2025
31 March 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Investments
3
1,132,636
1,132,636
Current assets
Debtors
4
198
180
Cash at bank and in hand
4,905
9,421
5,103
9,601
Creditors: amounts falling due within one year
5
(770,805)
(722,264)
Net current liabilities
(765,702)
(712,663)
Total assets less current liabilities
366,934
419,973
Creditors: amounts falling due after more than one year
6
(261,990)
(311,548)
Net assets
104,944
108,425
Capital and reserves
Called up share capital
7
1
1
Profit and loss reserves
104,943
108,424
Total equity
104,944
108,425
The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true
For the financial year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved and signed by the director and authorised for issue on 18 December 2025
Ms S Paterson
Director
Company Registration No. SC464847
ENSCO 436 LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
- 2 -
1
Accounting policies
Company information
Ensco 436 Limited is a private company limited by shares incorporated in Scotland. The registered office is Titanium 1, King's Inch Place, Renfrew, Scotland, PA4 8WF.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. 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.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention.
The company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group of which this is the parent qualifies as a small group. The financial statements present information about the company as an individual entity and not about its group.
1.2
Fixed asset investments
Interests in subsidiary undertakings are recognised at cost less impairment.
1.3
Equity instruments
Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.
1.4
Employee benefits
The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.
The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.
Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2025
2024
Number
Number
Total
0
0
ENSCO 436 LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 3 -
3
Fixed asset investments
2025
2024
£
£
Shares in group undertakings and participating interests
1,132,636
1,132,636
4
Debtors
2025
2024
Amounts falling due within one year:
£
£
Other debtors
198
180
5
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans
50,322
120,588
Other creditors
720,483
601,676
770,805
722,264
6
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans and overdrafts
261,990
311,548
7
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary share of £1 each
1
1
1
1
8
Secured Debts
The Royal Bank of Scotland PLC holds a floating charge over all property and other assets of the company.
9
Related party transactions
Transactions with related parties
During the year the company entered into the following transactions with related parties:
ENSCO 436 LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
9
Related party transactions
(Continued)
- 4 -
2025
2024
£
£
Amounts due to related parties
717,868
598,874
The above loan is unsecured, interest free and has no fixed terms of repayment.