| Enjays Limited |
| Registered number: |
05314527 |
| Abbreviated Balance Sheet |
| as at 31 December 2014 |
|
| Notes |
|
|
2014 |
|
|
2013 |
| £ |
£ |
| Fixed assets |
| Intangible assets |
2 |
|
|
5,247 |
|
|
- |
| Tangible assets |
3 |
|
|
675,222 |
|
|
339,154 |
|
|
|
|
680,469 |
|
|
339,154 |
|
| Current assets |
| Stocks |
|
|
121,358 |
|
|
95,793 |
| Debtors |
|
|
484,877 |
|
|
335,476 |
| Cash at bank and in hand |
|
|
52,050 |
|
|
46,589 |
|
|
|
658,285 |
|
|
477,858 |
|
| Creditors: amounts falling due within one year |
|
|
(746,523) |
|
|
(306,550) |
|
| Net current (liabilities)/assets |
|
|
|
(88,238) |
|
|
171,308 |
|
| Total assets less current liabilities |
|
|
|
592,231 |
|
|
510,462 |
|
| Creditors: amounts falling due after more than one year |
|
|
|
(781,792) |
|
|
(230,225) |
|
|
|
| Net (liabilities)/assets |
|
|
|
(189,561) |
|
|
280,237 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
4 |
|
|
8,710 |
|
|
5,822 |
| Share premium |
|
|
|
1,264,573 |
|
|
1,137,461 |
| Profit and loss account |
|
|
|
(1,462,844) |
|
|
(863,046) |
|
| Shareholders' funds |
|
|
|
(189,561) |
|
|
280,237 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
| J White |
| Director |
| Approved by the board on 30 July 2015 |
|
| Enjays Limited |
| Notes to the Abbreviated Accounts |
| for the year ended 31 December 2014 |
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008). |
|
|
Turnover |
|
Turnover represents amounts receivable for goods and services, net of value added tax and trade discounts. |
|
|
Depreciation |
|
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over it's expected useful life, as follows. |
|
|
Land & buildings |
10% straight line |
|
Plant & machinery |
15% reducing balance |
|
|
Stocks |
|
Stock of raw materials, finished goods and packaging, along with equipment for resale is valued at the lower of cost and net realisable value. |
|
|
Foreign currencies |
|
Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the rate of exchange ruling at the balance sheet date. All differences are taken to the profit and loss account. |
|
|
Leasing and hire purchase commitments |
|
Assets held under finance leases and hire purchase contracts, which are those where substantially all the risks and rewards of ownership of the asset have passed to the company, are capitalised in the balance sheet and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability.
The interest element of the rental obligations is charged to the profit and loss account over the period of the lease and represents a constant proportion of the balance of capital repayments outstanding.
Rentals paid under operating leases are charged to income on a straight line basis over the lease term. |
|
|
| 2 |
Intangible fixed assets |
£ |
|
|
Cost |
|
Additions |
6,996 |
|
At 31 December 2014 |
6,996 |
|
|
|
|
|
|
|
|
Amortisation |
|
Provided during the year |
1,749 |
|
At 31 December 2014 |
1,749 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 December 2014 |
5,247 |
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 January 2014 |
550,108 |
|
Additions |
400,127 |
|
At 31 December 2014 |
950,235 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 January 2014 |
210,954 |
|
Charge for the year |
64,059 |
|
At 31 December 2014 |
275,013 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 December 2014 |
675,222 |
|
At 31 December 2013 |
339,154 |
|
|
|
|
|
|
|
|
| 4 |
Share capital |
Nominal |
|
2014 |
|
2014 |
|
2013 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
2,964 |
|
2,964 |
|
2,964 |
|
A Ordinary shares |
£1 each |
|
5,746 |
|
5,746 |
|
2,858 |
|
|
|
|
|
|
8,710 |
|
5,822 |
|
|
|
|
|
|
|
|
|
| Nominal |
Number |
Amount |
| value |
£ |
|
Shares issued during the period: |
|
A Ordinary shares |
£1 each |
|
2,888 |
|
2,888 |
|
|
|
|
|
|
|
