Ensign Flag Co Limited - Filleted accounts

Registered number

00527417

Ensign Flag Co Limited

Filleted Accounts

31 December 2025

Ensign Flag Co Limited
Registered number:		00527417
Balance Sheet
as at 31 December 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		129,697			134,052

Current assets
Stocks		17,000			17,000
Debtors	4	2,689			4,234
Cash at bank and in hand		19,983			581
		39,672			21,815

Creditors: amounts falling due within one year	5	(27,658)			(26,061)

Net current assets/(liabilities)			12,014			(4,246)

Total assets less current liabilities			141,711			129,806

Creditors: amounts falling due after more than one year	6		(77,920)			(82,403)



Net assets			63,791			47,403

Capital and reserves
Called up share capital			2,000			2,000
Profit and loss account			61,791			45,403

Shareholder's funds			63,791			47,403

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their 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.




Mr A Barr
Director
Approved by the board on 23 June 2026

Ensign Flag Co Limited
Notes to the Accounts
for the year ended 31 December 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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 and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	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 evenly over its expected useful life, as follows:

	Freehold buildings	over 50 years
	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. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. 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, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	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			13		13


3	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Total
£			£		£
	Cost
	At 1 January 2025	199,374		29,782		229,156
	At 31 December 2025	199,374		29,782		229,156

	Depreciation
	At 1 January 2025	67,779		27,325		95,104
	Charge for the year	3,987		368		4,355
	At 31 December 2025	71,766		27,693		99,459

	Net book value
	At 31 December 2025	127,608		2,089		129,697
	At 31 December 2024	131,595		2,457		134,052


4	Debtors			2025		2024
£					£

	Trade debtors			1,921		3,542
	Other debtors			768		692
				2,689		4,234


5	Creditors: amounts falling due within one year			2025		2024
£					£

	Bank loans and overdrafts			3,648		6,319
	Trade creditors			4,456		4,137
	Taxation and social security costs			16,374		10,469
	Other creditors			3,180		5,136
				27,658		26,061


6	Creditors: amounts falling due after one year			2025		2024
£					£

	Bank loans			-		4,483
	Other creditors			77,920		77,920
				77,920		82,403


7	Loans			2025		2024
£					£
	Creditors include:

	Secured bank loans			3,647		16,982

	The bank loan is secured against company property.


8	Other information

	Ensign Flag Co Limited is a private company limited by shares and incorporated in England. Its registered office is:
	42 Dunes Way
	Liverpool
	Merseyside
	L5 9RJ