Company Registration No. 03771931 (England and Wales)
Enterprise Security Distribution (Midlands) Limited
Unaudited accounts
for the year ended 30 November 2020
Enterprise Security Distribution (Midlands) Limited
Unaudited accounts
Contents
Enterprise Security Distribution (Midlands) Limited
Company Information
for the year ended 30 November 2020
Directors
M Brophy
B Honan
Company Number
03771931 (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
Enterprise Security Distribution (Midlands) Limited
Statement of financial position
as at
30 November 2020
Tangible assets
35,641
44,068
Inventories
289,807
254,725
Debtors
1,159,212
1,086,282
Cash at bank and in hand
1,463,782
674,670
Creditors: amounts falling due within one year
(1,844,425)
(1,185,540)
Net current assets
1,068,376
830,137
Total assets less current liabilities
1,104,017
874,205
Provisions for liabilities
Deferred tax
(4,675)
(5,816)
Net assets
1,099,342
868,389
Called up share capital
175
175
Profit and loss account
1,099,167
868,214
Shareholders' funds
1,099,342
868,389
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 30 June 2021 and were signed on its behalf by
B Honan
Director
Company Registration No. 03771931
Enterprise Security Distribution (Midlands) Limited
Notes to the Accounts
for the year ended 30 November 2020
Enterprise Security Distribution (Midlands) Limited is a private company, limited by shares, registered in England and Wales, registration number 03771931. The registered office is Unit 4 Iceni Court, Icknield Way, Letchworth Garden City, Herts, SG6 1TN.
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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
Fixtures & fittings
25% straight line basis
Computer equipment
33.3% straight line basis
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Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 December 2019
67,277
12,072
59,482
138,831
Additions
12,733
-
1,408
14,141
Disposals
(11,350)
-
-
(11,350)
At 30 November 2020
68,660
12,072
60,890
141,622
At 1 December 2019
32,444
11,602
50,717
94,763
Charge for the year
17,165
152
5,251
22,568
On disposals
(11,350)
-
-
(11,350)
At 30 November 2020
38,259
11,754
55,968
105,981
At 30 November 2020
30,401
318
4,922
35,641
At 30 November 2019
34,833
470
8,765
44,068
Enterprise Security Distribution (Midlands) Limited
Notes to the Accounts
for the year ended 30 November 2020
5
Debtors: amounts falling due within one year
2020
2019
Trade debtors
1,154,896
1,077,505
Other debtors
4,316
8,777
6
Creditors: amounts falling due within one year
2020
2019
Trade creditors
1,728,982
1,090,347
Taxes and social security
98,673
79,495
Other creditors
16,770
15,698
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Average number of employees
During the year the average number of employees was 11 (2019: 11).