REGISTERED NUMBER: 04223830 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

ENITHARMON EDITIONS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

S J A Stuart-Smith

SECRETARY:

M E Livingstone

REGISTERED OFFICE:

Rear Barn

Upper Adhurst Industrial Park

London Road

Petersfield

Hampshire

GU31 5AE

REGISTERED NUMBER:

04223830 (England and Wales)

ACCOUNTANTS:

Robert Anthony ACA

36 Merdon Avenue

Chandlers Ford

Eastleigh

Hampshire

SO53 1EP

FIXED ASSETS

Tangible assets

4

6,938

7,323

Investments

5

234

234

7,172

7,557

CURRENT ASSETS

Stocks

35,389

42,586

Debtors

6

19,615

22,510

Cash at bank

11,176

58,037

66,180

123,133

CREDITORS

Amounts falling due within one year

7

(30,498

)

(42,862

)

NET CURRENT ASSETS

35,682

80,271

TOTAL ASSETS LESS CURRENT LIABILITIES

42,854

87,828

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

42,754

87,728

SHAREHOLDERS' FUNDS

42,854

87,828

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 director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 31 December 2025 and were signed by:

S J A Stuart-Smith - Director

1.	STATUTORY INFORMATION

Enitharmon Editions 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.

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.

Preparation of consolidated financial statements

The financial statements contain information about Enitharmon Editions Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

Turnover comprises the fair value of consideration received and receivable in respect of the sale of books prints and paintings, net of returns, discounts and VAT where applicable. Any grants received for the publication of specific works, commissions received from the sale of works owned by third parties, permission fees and royalty income are shown under other operating income.

Tangible fixed assets

Tangible fixed assets are stated at cost less accumulated depreciation. Fixed assets comprise some limited edition prints used for promotional purposes and some antique office furniture. It is in the opinion of the directors that the residual value of these assets is likely to be equal to or greater than original cost, so no depreciation has been provided.

Other tangible fixed assets comprising office equipment and computers are depreciated at the rate of 25% per annum on the reducing balance basis.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost less any provision for impairment.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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

Plant and

machinery

etc

£

COST

At 1 April 2024

and 31 March 2025

12,848

DEPRECIATION

At 1 April 2024

5,525

Charge for year

385

At 31 March 2025

5,910

NET BOOK VALUE

At 31 March 2025

6,938

At 31 March 2024

7,323

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 April 2024

and 31 March 2025

20,000

PROVISIONS

At 1 April 2024

and 31 March 2025

19,766

NET BOOK VALUE

At 31 March 2025

234

At 31 March 2024

234

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

14,408

13,845

Amounts owed by group undertakings

-

461

Other debtors

5,207

8,204

19,615

22,510

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

4,238

5,036

Amounts owed to group undertakings

37

-

Taxation and social security

707

-

Other creditors

25,516

37,826

30,498

42,862

8.	OTHER FINANCIAL COMMITMENTS

The company has entered into a commitment to pay annual rent of £9,180 on some business premises.

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

31.3.25

31.3.24

£

£

Ms I Brittain

Balance outstanding at start of year

1,791

-

Amounts advanced

-

16,000

Amounts repaid

(1,791

)

(14,209

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

1,791

10.	RELATED PARTY DISCLOSURES

The company has received a loan from one of its directors which at 31 March 2025 was £12,111 (2024: £12,111). It is unsecured, interest-free and repayable upon demand.