

			Company registration number:02693616






		ENITI LIMITED

			FINANCIAL STATEMENTS

			FOR THE YEAR ENDED 31 May 2026



ENITI LIMITED

BALANCE SHEET

AS AT 31 May 2026


		2026		2025
	Notes	£	£	£	£

FIXED ASSETS
Tangible assets	3		3,029,032		3,029,063

			3,029,032		3,029,063

CURRENT ASSETS
Debtors	4	14,220		14,413
Cash at bank and in hand		125,131		94,459

		139,351		108,872

CREDITORS
Amounts falling due within one year	5	(163,717)		(163,629)

NET CURRENT ASSETS			(24,366)		(54,757)

TOTAL ASSETS LESS
CURRENT LIABILITIES			3,004,666		2,974,306


PROVISIONS FOR LIABILITIES			(370,489)		(370,489)

NET ASSETS			2,634,177		2,603,817



CAPITAL AND RESERVES
Called-up equity share capital	6		600		600
Revaluation Reserve			1,779,291		1,779,291
Profit and loss account			854,286		823,926

SHAREHOLDERS FUNDS			2,634,177		2,603,817


For the year ending 31 May 2026 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of the accounts.


These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006. Approved by the board of directors on 30 September 2026 and signed on its behalf.


The profit and loss account has not been delivered to the Registrar of Companies in accordance with the special provisions applicable to companies subject to the small companies' regime.


..........................................................................
J S Ballinger

30 September 2026
The annexed notes form part of these financial statements.



ENITI LIMITED

STATEMENT OF CHANGES IN EQUITY

FOR THE YEAR ENDED 31 MAY 2026

	Share	Share	P and L	Revaluation	Other	Total
	Capital	Premium	Account	reserve	reserves	equity
	£	£	£	£	£	£
Balance at 1 June 2024	600	0	794,302	1,713,291	0	2,508,193

Changes in equity
Dividend	0	0	(96,000)	0	0	(96,000)
Total Comprehensive Income	0	0	191,624	0	0	191,624
Reserves transfer	0	0	66,000	66,000	0	0
Balance at 31 May 2025	600	0	823,926	1,779,291	0	2,603,817

Changes in equity
Dividend	0	0	(96,000)	0	0	(96,000)
Total comprehensive income	0	0	126,360	0	0	126,360
Balance at 31 May 2026	600	0	854,286	1,779,291	0	2,634,177

ENITI LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2026

Accounting policies

Statement of compliance

The financial statements have been prepared in accordance with the provisions of Section 1A 'Small Entities' of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the Companies Act 2006. There were no material departures from the standard.

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention, modified to include investment property at fair value. These financial statements have been prepared in accordance with FRS102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006. The financial statements have been prepared in sterling, which is the functional currency of the company.

Turnover

Turnover represents revenue recognised by the company in respect of rental income receivable during the year, net of Value Added Tax.

Financial assets

Investment property is carried at fair value. Revaluation surpluses are recognised in the profit and loss account. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

Fixed Assets

Tangible fixed assets are stated at cost less depreciation and impairment. Depreciation is provided at rates calculated to write off the cost of tangible fixed assets over their expected useful lives as follows: Office equipment - 33 1/3% on cost

Debtors

The Directors have made provision for bad and doubtful debts.

Financial Instruments

The company has financial assets and liabilities that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value using the effective interest method.

Taxation

The tax expense represents the sum of UK tax currently payable and deferred taxation.

Deferred Taxation

Deferred taxation is provided on the liability method to take account of timing differences between the treatment of certain items for accounts purposes and their treatment for tax purposes. Tax deferred or accelerated is accounted for in respect of all material timing differences.

Pension Scheme

The company operates a defined contribution pension scheme and the pension charge represents the amounts payable by the company to the fund in respect of the year.

Employees

The average number of persons employed by the company (including directors) during the year was 3.



3.	Tangible fixed assets

		Land/Buildings	F and F	Total

	Cost
	At start of period	3,029,000	2,881	3,031,881
	At end of period	3,029,000	2,881	3,031,881

	Depreciation
	At start of period	0	2,818	2,818
	Provided during the period	0	31	31
	At end of period	0	2,849	2,849

	Net Book Value
	At start of period	3,029,000	63	3,029,063
	At end of period	3,029,000	32	3,029,032



4.	Debtors
		2026	2025
		£	£
	Due within one year
	Trade Debtors	5,910	5,910
	Other Debtors	7,941	8,134
	Prepayments and accrued income	369	369

		14,220	14,413



5.	Creditors due within one year
		2026	2025
		£	£

	Trade creditors	25,367	25,312
	Corporation Tax	40,051	39,739
	Other taxes and social security costs	12,322	12,361
	Other creditors	1,605	1,607
	Accruals and deferred income	3,042	2,956
	Loan from directors	81,330	81,654

		163,717	163,629


6.	Share capital	Alloted, Issued and fully paid
		Alloted, Issued and fully paid
		2026	2025
		£	£

	Ordinary shares of 1p each	600	600
	Total issued share capital	600	600

Pension schemes

The company operates a defined contribution scheme for its employees. The assets of the scheme are held separately from those of the company in an independently administered fund.

Related Party Transactions

Dividends amounting to £96,000 were paid to the directors during the year.