Enfys Ecology Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 02535184 (England and Wales)

Financial Statements

for the Year Ended 31 March 2021

for

Enfys Ecology Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Ms F J Cattanach

Ms G A Coates

I M Dunsire

R A Gorzynski

REGISTERED OFFICE:

Llys Garth

Garth Road

Bangor

Gwynedd

LL57 2RT

REGISTERED NUMBER:

02535184 (England and Wales)

AUDITORS:

Bennett Brooks & Co Limited

Chartered Accountants

& Statutory Auditors

St George's Court

Winnington Avenue

Northwich

Cheshire

CW8 4EE

FIXED ASSETS

Tangible assets

4

40,009

12,159

CURRENT ASSETS

Debtors

5

105,771

52,190

Cash at bank and in hand

180,249

208,890

286,020

261,080

CREDITORS

Amounts falling due within one year

6

(232,107

)

(222,987

)

NET CURRENT ASSETS

53,913

38,093

TOTAL ASSETS LESS CURRENT LIABILITIES

93,922

50,252

CREDITORS

Amounts falling due after more than one year

7

(11,172

)

-

NET ASSETS

82,750

50,252

CAPITAL AND RESERVES

Called up share capital

50,100

50,100

Retained earnings

8

32,650

152

SHAREHOLDERS' FUNDS

82,750

50,252

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 September 2021 and were signed on its behalf by:

Ms F J Cattanach - Director

I M Dunsire - Director

1.	STATUTORY INFORMATION

Enfys Ecology Limited 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.

Tangible fixed assets

Tangible fixed assets are stated at cost less accumulated depreciation. Cost includes the original purchase price of the asset and the costs attributable to bringing the asset to its working condition for its intended use.

Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset on a systematic basis over its expected useful life as follows:

Plant and machinery - 20% on cost

Motor vehicles - 20% on cost

Tangible assets are derecognised on disposal or when no future economic benefits are expected. On disposal, the difference between the net disposal proceeds and the carrying amount is recognised in profit or loss.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to the profit and loss account as incurred.

Cash and cash equivalents

Cash and cash equivalents includes cash in hand, cash held with banks and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

Short term debtors and creditors

Short term debtors and creditors with no stated interest rate are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account.

Share capital

Ordinary shares are classed as equity.

Dividend payments to the parent charity

Following the clarifications in the Basis for Conclusions of FRS 102 (March 2018), the gift aid payment made by the company to the parent charity has been accounted for as a distribution to owners, akin to a dividend. The dividends are recognised at the year-end date as the company has a legal obligation to distribute its profits to its owners under a deed of covenant. This is consistent with the accounting treatment in the parent charity following the adoption of the new Charities SORP (FRS 102) (second edition - October 2019) with effect from 1 April 2019 and in accordance with paragraph B.26.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2020 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 April 2020

-

25,443

25,443

Additions

27,350

17,712

45,062

Disposals

-

(7,695

)

(7,695

)

At 31 March 2021

27,350

35,460

62,810

DEPRECIATION

At 1 April 2020

-

13,284

13,284

Charge for year

9,521

3,138

12,659

Eliminated on disposal

-

(3,142

)

(3,142

)

At 31 March 2021

9,521

13,280

22,801

NET BOOK VALUE

At 31 March 2021

17,829

22,180

40,009

At 31 March 2020

-

12,159

12,159

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

£

COST

Additions

19,450

At 31 March 2021

19,450

DEPRECIATION

Charge for year

1,621

At 31 March 2021

1,621

NET BOOK VALUE

At 31 March 2021

17,829

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.21

31.3.20

£

£

Trade debtors

105,093

52,190

Other debtors

678

-

105,771

52,190

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.21

31.3.20

£

£

Hire purchase contracts

4,003

-

Trade creditors

7,598

5,920

Amounts owed to group undertakings

65,528

56,006

Taxation and social security

31,325

29,115

Other creditors

123,653

131,946

232,107

222,987

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.21

31.3.20

£

£

Hire purchase contracts

11,172

-

8.

RESERVES

Retained earnings

£

At 1 April 2020

152

Profit for the year

107,940

Distribution to parent company

(75,442

)

At 31 March 2021

32,650

9.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Jason Leach FCA (Senior Statutory Auditor)

for and on behalf of Bennett Brooks & Co Limited

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year there were no transactions with directors.

11.	RELATED PARTY DISCLOSURES

During the year Enfys Ecology Limited was charged £21,816 (2020 - £20,170) for costs by NWWT (it's parent company).

During the year Enfys Ecology Limited charged £61,661 (2020 - £51,412) to NWWT (it's parent company) for work undertaken on projects.

Enfys Ecology Limited made a charitable covenant to NWWT for £75,442 (2020 - £82,115).

At 31 March 2021 Enfys Ecology Limited owed NWWT £65,528 (2020 - £56,006).

12.	ULTIMATE CONTROLLING PARTY

The company is a wholly owned subsidiary of North Wales Wildlife Trust, a company limited by guarantee registered in England & Wales, and a UK registered charity.