Engrailed Or Ltd. - Limited company accounts 20.1

REGISTERED NUMBER: 10472499 (England and Wales)

Report of the Director and

Unaudited Financial Statements for the Year Ended 30 November 2021

for

Engrailed Or Ltd.

Page

Company Information

1

Report of the Director

2

Income Statement

3

Balance Sheet

4

Notes to the Financial Statements

5

DIRECTOR:

B R Greville

SECRETARY:

REGISTERED OFFICE:

341 Garratt Lane

Wandsworth

London

SW18 4DX

REGISTERED NUMBER:

10472499 (England and Wales)

ACCOUNTANTS:

MSS Accountancy Services Ltd

341 Garratt Lane

Wandsworth

London

SW18 4DX

The director presents his report with the financial statements of the company for the year ended 30 November 2021.

PRINCIPAL ACTIVITY

The principal activity of the company in the year under review was that of consultancy to various businesses.

DIRECTOR

B R Greville held office during the whole of the period from 1 December 2020 to the date of this report.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:

B R Greville - Director

31 August 2022

TURNOVER

-

16,350

Administrative expenses

11,901

23,554

(11,901

)

(7,204

)

Other operating income

8,000

-

OPERATING LOSS

4

(3,901

)

(7,204

)

Interest payable and similar expenses

-

196

LOSS BEFORE TAXATION

(3,901

)

(7,400

)

Tax on loss

-

-

LOSS FOR THE FINANCIAL YEAR

(3,901

)

(7,400

)

FIXED ASSETS

Intangible assets

5

8,977

8,977

Tangible assets

6

-

541

8,977

9,518

CURRENT ASSETS

Cash at bank

501

501

CREDITORS

Amounts falling due within one year

7

158,387

155,028

NET CURRENT LIABILITIES

(157,886

)

(154,527

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(148,909

)

(145,009

)

CREDITORS

Amounts falling due after more than one year

8

25,000

25,000

NET LIABILITIES

(173,909

)

(170,009

)

CAPITAL AND RESERVES

Called up share capital

9

1

1

Retained earnings

(173,910

)

(170,010

)

SHAREHOLDERS' FUNDS

(173,909

)

(170,009

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2021 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the director and authorised for issue on 31 August 2022 and were signed by:

B R Greville - Director

1.	STATUTORY INFORMATION

Engrailed Or 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of nil years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation

Taxation for the year 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 year 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2020 - 1 ) .

4.	OPERATING LOSS

The operating loss is stated after charging:

30.11.21

30.11.20

£

£

Depreciation - owned assets

541

993

5.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 December 2020

and 30 November 2021

8,977

NET BOOK VALUE

At 30 November 2021

8,977

At 30 November 2020

8,977

6.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 December 2020

and 30 November 2021

1,624

DEPRECIATION

At 1 December 2020

1,083

Charge for year

541

At 30 November 2021

1,624

NET BOOK VALUE

At 30 November 2021

-

At 30 November 2020

541

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.21

30.11.20

£

£

Trade creditors

3,000

2,000

Taxation and social security

15,857

14,582

Other creditors

139,530

138,446

158,387

155,028

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.11.21

30.11.20

£

£

Other creditors

25,000

25,000

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.11.21

30.11.20

value:

£

£

1

Ordinary

£1.00

1

1