ENSCO 307 LIMITED


Director	KEANE, Robert


Registered Address	19 Adelphi Adelphi Business Centre
	Aberdeen
	AB11 5BL


Registered Number	SC372523 (Scotland)

Balance Sheet as at
29 October 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Investment property	3		52,557		52,557
			52,557		52,557
Current assets
Debtors	4,5	741,103		740,750
Cash at bank and on hand		70,077		150,445
		811,180		891,195
Creditors amounts falling due within one year	6	(390,734)		(452,293)
Net current assets (liabilities)			420,446		438,902
Total assets less current liabilities			473,003		491,459
Creditors amounts falling due after one year	7		(369,788)		(388,701)
Net assets			103,215		102,758
Capital and reserves
Called up share capital			100		100
Profit and loss account			103,115		102,658
Shareholders' funds			103,215		102,758

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 23 July 2026, and are signed on its behalf by:

KEANE, Robert
Director
Registered Company No. SC372523

ENSCO 307 LIMITED

Notes to the Financial Statements
for the year ended 29 October 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Revenue from sale of goods
	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.

Revenue from sale of goods

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.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Deferred tax
	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.

Deferred tax

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.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

	Investment property
	Investments are held at fair value

2.	Average number of employees


		2025		2024
	Average number of employees during the year	0		0

3.	Investment property


		£
	Fair value at 30 October 24	52,557
	At 29 October 25	52,557

4.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	353	-
Called up share capital not paid, current asset	100	100
Total	453	100

5.	Debtors: amounts due after one year

	2025	2024
	£	£
Amounts owed by group undertakings	740,650	740,650
Total	740,650	740,650

6.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	798	50,643
Bank borrowings and overdrafts	3,732	3,732
Taxation and social security	7,863	13,423
Other creditors	1,450	-
Accrued liabilities and deferred income	376,891	384,495
Total	390,734	452,293


	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.

7.	Creditors: amounts due after one year

	2025	2024
	£	£
Trade creditors / trade payables	-	200
Bank borrowings and overdrafts	13,288	17,001
Other creditors	356,500	371,500
Total	369,788	388,701