Registration number:
Enro Holdings Limited
for the Year Ended 30 June 2017
32 Tavistock Street
Covent Garden
London
WC2E 7PB
Enro Holdings Limited
Contents
Company Information |
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Balance Sheet |
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Notes to the Financial Statements |
Enro Holdings Limited
Company Information
Directors |
Ms A Mekelenkamp Ms L Viggers Mr C Shearer Mr P Barrett Mr B Rose |
Company secretary |
Ms A Mekelenkamp |
Registered office |
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Accountants |
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Page 1 |
Enro Holdings Limited
(Registration number: 09871211)
Balance Sheet as at 30 June 2017
Note |
2017 |
(As restated) |
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Fixed assets |
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Tangible assets |
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Investments |
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Current assets |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
( |
( |
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Net current assets |
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Net assets |
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Capital and reserves |
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Called up share capital |
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Share premium reserve |
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Profit and loss account |
( |
( |
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Total equity |
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For the financial year ending 30 June 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of 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.
These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.
Page 2 |
Enro Holdings Limited
(Registration number: 09871211)
Balance Sheet as at 30 June 2017
Approved and authorised by the
.........................................
Company secretary and director
Page 3 |
Enro Holdings Limited
Notes to the Financial Statements for the Year Ended 30 June 2017
General information |
The company is a private company limited by share capital, incorporated in England and Wales.
The address of its registered office is:
These financial statements were authorised for issue by the
Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.
Basis of preparation
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
Group accounts not prepared
Revenue recognition
Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.
Tangible assets
Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.
Depreciation
Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:
Asset class |
Depreciation method and rate |
Office equipment |
33% |
Page 4 |
Enro Holdings Limited
Notes to the Financial Statements for the Year Ended 30 June 2017
Investments
Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.
Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
Share capital
Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.
Staff numbers |
The average number of persons employed by the company (including directors) during the year, was
Page 5 |
Enro Holdings Limited
Notes to the Financial Statements for the Year Ended 30 June 2017
Tangible assets |
Furniture, fittings and equipment |
Total |
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Cost or valuation |
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At 1 July 2016 |
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Additions |
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At 30 June 2017 |
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Depreciation |
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At 1 July 2016 |
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Charge for the year |
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At 30 June 2017 |
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Carrying amount |
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At 30 June 2017 |
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At 30 June 2016 |
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Investments |
2017 |
2016 |
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Investments in subsidiaries |
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Subsidiaries |
£ |
Cost or valuation |
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At 1 July 2016 |
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Provision |
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Carrying amount |
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At 30 June 2017 |
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At 30 June 2016 |
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Details of undertakings
Details of the investments (including principal place of business of unincorporated entities) in which the company holds 20% or more of the nominal value of any class of share capital are as follows:
Page 6 |
Enro Holdings Limited
Notes to the Financial Statements for the Year Ended 30 June 2017
Undertaking |
Registered office |
Holding |
Proportion of voting rights and shares held |
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2017 |
2016 |
Subsidiary undertakings |
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8 Old Town Hall Apartments
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Ordinary shares |
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England |
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8 Old Town Hall Apartments
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Ordinary shares |
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England |
The principal activity of Enro Limited is |
The principal activity of Mannum Limited is |
Debtors |
Note |
2017 |
2016 |
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Amounts owed by group undertakings and undertakings in which the company has a participating interest |
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Other debtors |
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Creditors |
Creditors: amounts falling due within one year
2017 |
2016 |
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Due within one year |
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Trade creditors |
- |
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Accruals and deferred income |
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Other creditors |
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- |
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Page 7 |
Enro Holdings Limited
Notes to the Financial Statements for the Year Ended 30 June 2017
Share capital |
Allotted, called up and fully paid shares
2017 |
2016 |
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No. |
£ |
No. |
£ |
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119.73 |
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111.89 |
New shares allotted
During the year 78,405 Ordinary shares having an aggregate nominal value of £7.84 were allotted for an aggregate consideration of 172,491. |
Transition to FRS 102 |
Balance Sheet at 30 June 2016
As originally reported |
Reclassification |
Remeasurement |
As restated |
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Capital and reserves |
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Share premium reserve |
182,617 |
- |
(6,350) |
176,267 |
Total equity |
182,617 |
- |
(6,350) |
176,267 |
Control |
There is no controlling party.
There is no ultimate controlling party.
Page 8 |