Company Registration No. 02760626 (England and Wales)
Enterprise Security Distribution Limited
Unaudited accounts
for the year ended 30 November 2020
Enterprise Security Distribution Limited
Unaudited accounts
Contents
Enterprise Security Distribution Limited
Company Information
for the year ended 30 November 2020
Directors
M Brophy
B Honan
Company Number
02760626 (England and Wales)
Registered Office
Unit 4 Iceni Court
Icknield Way
Letchworth Garden City
Herts
SG6 1TN
Accountants
Blanche & Co
3 The Lanterns
16 Melbourn Street
Royston
Herts
SG8 7BX
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Enterprise Security Distribution Limited for the year ended 30 November 2020
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Enterprise Security Distribution Limited for the year ended
30 November 2020 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
This report is made solely to the Board of Directors of Enterprise Security Distribution Limited, as a body, in accordance with the terms of our engagement letter dated 3 February 2020. Our work has been undertaken solely to prepare for your approval the accounts of Enterprise Security Distribution Limited and state those matters that we have agreed to state to the Board of Directors of Enterprise Security Distribution Limited, as a body, in this report in accordance with AAF 07/16 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Enterprise Security Distribution Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Enterprise Security Distribution Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Enterprise Security Distribution Limited. You consider that Enterprise Security Distribution Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Enterprise Security Distribution Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Blanche & Co
Chartered Accountants
3 The Lanterns
16 Melbourn Street
Royston
Herts
SG8 7BX
23 June 2021
Enterprise Security Distribution Limited
Statement of financial position
as at
30 November 2020
Tangible assets
3,400
6,884
Inventories
236,121
214,366
Cash at bank and in hand
205,209
89,238
Creditors: amounts falling due within one year
(569,110)
(424,577)
Net current assets
403,766
839,040
Net assets
407,166
845,924
Called up share capital
5,000
5,000
Profit and loss account
402,166
840,924
Shareholders' funds
407,166
845,924
For the year ending 30 November 2020 the company was entitled to exemption from audit 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 accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 23 June 2021 and were signed on its behalf by
B Honan
Director
Company Registration No. 02760626
Enterprise Security Distribution Limited
Notes to the Accounts
for the year ended 30 November 2020
Enterprise Security Distribution Limited is a private company, limited by shares, registered in England and Wales, registration number 02760626. The registered office is Unit 4 Iceni Court, Icknield Way, Letchworth Garden City, Herts, SG6 1TN.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% straight line basis
Computer equipment
20 - 25% straight line basis
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 December 2019
46,195
91,199
137,394
Disposals
(23,923)
-
(23,923)
At 30 November 2020
22,272
92,345
114,617
At 1 December 2019
43,136
87,374
130,510
Charge for the year
2,824
1,806
4,630
On disposals
(23,923)
-
(23,923)
At 30 November 2020
22,037
89,180
111,217
At 30 November 2020
235
3,165
3,400
At 30 November 2019
3,059
3,825
6,884
Enterprise Security Distribution Limited
Notes to the Accounts
for the year ended 30 November 2020
5
Debtors: amounts falling due within one year
2020
2019
Trade debtors
511,927
465,915
Amounts due from group undertakings etc.
-
282,000
Other debtors
19,619
212,098
6
Creditors: amounts falling due within one year
2020
2019
Trade creditors
490,290
383,469
Amounts owed to group undertakings and other participating interests
48,000
-
Taxes and social security
17,020
23,923
7
Average number of employees
During the year the average number of employees was 8 (2019: 9).