REGISTERED NUMBER: 16224827 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE PERIOD 3 FEBRUARY 2025 TO 28 FEBRUARY 202

6

FOR

ENTHUSE DEVELOPMENTS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

L Hooper

C E Hooper

R M Lawrence

L J Lawrence

REGISTERED OFFICE:

Rock Villa

18 Dundry Lane

Winford

Bristol

BS40 8AW

REGISTERED NUMBER:

16224827 (England and Wales)

ACCOUNTANTS:

Lawes & Co

Boyce's Building

40-42 Regent Street

Clifton

Bristol

BS8 4HU

FIXED ASSETS

Investment property

4

547,400

CURRENT ASSETS

Debtors

5

18,936

Cash at bank

163,736

182,672

CREDITORS

Amounts falling due within one year

6

1,200

NET CURRENT ASSETS

181,472

TOTAL ASSETS LESS CURRENT LIABILITIES

728,872

CREDITORS

Amounts falling due after more than one year

7

(799,531

)

PROVISIONS FOR LIABILITIES

(134,967

)

NET LIABILITIES

(205,626

)

CAPITAL AND RESERVES

Called up share capital

8

4

Retained earnings

(205,630

)

SHAREHOLDERS' FUNDS

(205,626

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 28 February 2026.

The members have not required the company to obtain an audit of its financial statements for the period ended 28 February 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 1 November 2026 and were signed on its behalf by:

L Hooper - Director

1.	STATUTORY INFORMATION

Enthuse Developments Ltd 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.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the period 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 period 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.

Going concern

It is the intention of the director to support the company for the foreseeable future.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL.

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 3 February 2025

and 28 February 2026

547,400

NET BOOK VALUE

At 28 February 2026

547,400

At 2 February 2025

547,400

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Other debtors

18,936

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Other creditors

1,200

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

£

Other creditors

799,531

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

4

Ordinary

1

4

9.	RELATED PARTY DISCLOSURES

During the year the company entered into, in the normal course of its business, various contracts for purchases with LS Bristol Limited, a business owned by Mr R M Lawrence. The total value of purchases,was £158,826 (2025: Nil). At 28 February 2026 a no balance was owed.

The company owed BBS Plumbing & Heating Supplies Limited as at 28 February 2026 £799,531 (2025: Nil), a company owned by a director in common.