| Enterprise Eight Limited |
| Registered number: |
05084305 |
| Balance Sheet |
| as at 31 August 2025 |
|
| Notes |
|
|
2025 |
|
|
2024 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
3 |
|
|
128,021 |
|
|
151,258 |
|
| Current assets |
| Stocks |
|
|
11,643 |
|
|
11,280 |
| Debtors |
4 |
|
140,124 |
|
|
140,680 |
| Cash at bank and in hand |
|
|
128,070 |
|
|
116,408 |
|
|
|
279,837 |
|
|
268,368 |
|
| Creditors: amounts falling due within one year |
5 |
|
(66,941) |
|
|
(67,397) |
|
| Net current assets |
|
|
|
212,896 |
|
|
200,971 |
|
| Total assets less current liabilities |
|
|
|
340,917 |
|
|
352,229 |
|
| Creditors: amounts falling due after more than one year |
6 |
|
|
- |
|
|
(7,500) |
|
| Provisions for liabilities |
|
|
|
(4,089) |
|
|
(3,848) |
|
|
| Net assets |
|
|
|
336,828 |
|
|
340,881 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
100,002 |
|
|
100,002 |
| Profit and loss account |
|
|
|
236,826 |
|
|
240,879 |
|
| Shareholders' funds |
|
|
|
336,828 |
|
|
340,881 |
|
|
|
|
|
|
|
|
| The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| C Y Mak |
| Director |
| Approved by the board on 26 May 2026 |
|
| Enterprise Eight Limited |
| Notes to the Accounts |
| for the year ended 31 August 2025 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102 section 1A, The Financial Reporting Standard applicable in the UK and Republic of Ireland. |
|
|
Turnover |
|
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods. |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset over its expected useful life, as follows: |
|
|
Property Improvements |
Over the term of the lease |
|
Plant and machinery |
15% reducing balance |
|
|
Stocks |
|
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised. |
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. Current liabilities are not discounted. |
|
|
Operating lease agreements |
|
Rent applicable to operating leases where substantially all of the benefits and risks of ownership
remain with the lessor are charged against profits on a straight-line basis over the period of the lease. |
|
|
Pensions |
|
Contributions to defined contribution plans are expensed in the period to which they relate. |
|
| 2 |
Employees |
2025 |
|
2024 |
| Number |
Number |
|
|
Average number of persons employed by the company |
21 |
|
21 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
|
|
|
Property Improvements |
|
Plant and machinery etc |
|
Total |
| £ |
£ |
£ |
|
Cost |
|
At 1 September 2024 |
598,097 |
|
164,613 |
|
762,710 |
|
Additions |
- |
|
4,888 |
|
4,888 |
|
Disposals |
- |
|
(1,779) |
|
(1,779) |
|
At 31 August 2025 |
598,097 |
|
167,722 |
|
765,819 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 September 2024 |
463,769 |
|
147,683 |
|
611,452 |
|
Charge for the year |
23,924 |
|
3,109 |
|
27,033 |
|
On disposals |
- |
|
(687) |
|
(687) |
|
At 31 August 2025 |
487,693 |
|
150,105 |
|
637,798 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 August 2025 |
110,404 |
|
17,617 |
|
128,021 |
|
At 31 August 2024 |
134,328 |
|
16,930 |
|
151,258 |
|
|
| 4 |
Debtors |
2025 |
|
2024 |
| £ |
£ |
|
|
Trade debtors |
3,437 |
|
5,224 |
|
Other debtors |
136,687 |
|
135,456 |
|
|
|
|
|
|
140,124 |
|
140,680 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due within one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Bank loans and overdrafts |
7,500 |
|
10,000 |
|
Trade creditors |
953 |
|
559 |
|
Corporation tax |
19,255 |
|
12,593 |
|
Other taxes and social security costs |
21,760 |
|
29,187 |
|
Other creditors |
17,473 |
|
15,058 |
|
|
|
|
|
|
66,941 |
|
67,397 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Creditors: amounts falling due after one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Bank loans |
- |
|
7,500 |
|
|
|
|
|
|
|
|
|
|
| 7 |
Operating lease commitments |
|
At 31 August 2025 the company had annual commitments under non-cancellable operating leases: |
|
|
|
|
|
|
|
Land and buildings |
|
|
|
|
|
|
2025 |
|
2024 |
| £ |
£ |
|
Within one year |
65,000 |
|
65,000 |
|
Within two to five years |
260,000 |
|
260,000 |
|
Over five years |
- |
|
65,000 |
|
|
|
|
|
|
325,000 |
|
390,000 |
| 8 |
Loans to directors |
|
Included within Other debtors at 31 August 2025 are the following transactions with directors: |
|
|
Description and conditions |
B/fwd |
Paid |
Repaid |
C/fwd |
| £ |
£ |
£ |
£ |
|
C Y Mak |
|
Directors Loan Account |
47,340 |
|
54,833 |
|
(46,185) |
|
55,988 |
|
|
|
47,340 |
|
54,833 |
|
(46,185) |
|
55,988 |
|
|
|
|
|
|
|
|
|
|
| 9 |
Related party transactions |
|
|
Included within other creditors is an amount due to a close family member of the sole director of £295 (2024: £655). There is no formal arrangement in respect of repayment terms of this loan.
Included within other debtors is an amount due from C Mak, shareholder, of £25,566 (2024: £34,588). |
|
| 10 |
Controlling party |
|
|
The controlling party is Chun Yen Mak by virtue of his majority shareholding. |
|
|
| 11 |
Other information |
|
|
Enterprise Eight Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
Kinnair & Company |
|
Aston House |
|
Redburn Road |
|
Newcastle upon Tyne |
|
NE5 1NB |