Enable Construction Ltd

ENABLE CONSTRUCTION LTD. - Company Information

2022-03-012023-02-282023-02-28false10623050Enable Construction Ltd2023-11-30iso4217:GBPxbrli:pure106230502022-03-01106230502023-02-28106230502022-03-012023-02-28106230502021-03-01106230502022-02-28106230502021-03-012022-02-2810623050bus:SmallEntities2022-03-012023-02-2810623050bus:AuditExempt-NoAccountantsReport2022-03-012023-02-2810623050bus:FullAccounts2022-03-012023-02-2810623050bus:PrivateLimitedCompanyLtd2022-03-012023-02-2810623050core:WithinOneYear2023-02-2810623050core:AfterOneYear2023-02-2810623050core:WithinOneYear2022-02-2810623050core:AfterOneYear2022-02-2810623050core:ShareCapital2023-02-2810623050core:SharePremium2023-02-2810623050core:RevaluationReserve2023-02-2810623050core:OtherReservesSubtotal2023-02-2810623050core:RetainedEarningsAccumulatedLosses2023-02-2810623050core:ShareCapital2022-02-2810623050core:SharePremium2022-02-2810623050core:RevaluationReserve2022-02-2810623050core:OtherReservesSubtotal2022-02-2810623050core:RetainedEarningsAccumulatedLosses2022-02-2810623050core:LandBuildings2023-02-2810623050core:PlantMachinery2023-02-2810623050core:Vehicles2023-02-2810623050core:FurnitureFittings2023-02-2810623050core:OfficeEquipment2023-02-2810623050core:NetGoodwill2023-02-2810623050core:IntangibleAssetsOtherThanGoodwill2023-02-2810623050core:ListedExchangeTraded2023-02-2810623050core:UnlistedNon-exchangeTraded2023-02-2810623050core:LandBuildings2022-02-2810623050core:PlantMachinery2022-02-2810623050core:Vehicles2022-02-2810623050core:FurnitureFittings2022-02-2810623050core:OfficeEquipment2022-02-2810623050core:NetGoodwill2022-02-2810623050core:IntangibleAssetsOtherThanGoodwill2022-02-2810623050core:ListedExchangeTraded2022-02-2810623050core:UnlistedNon-exchangeTraded2022-02-2810623050core:LandBuildings2022-03-012023-02-2810623050core:PlantMachinery2022-03-012023-02-2810623050core:Vehicles2022-03-012023-02-2810623050core:FurnitureFittings2022-03-012023-02-2810623050core:OfficeEquipment2022-03-012023-02-2810623050core:NetGoodwill2022-03-012023-02-2810623050core:IntangibleAssetsOtherThanGoodwill2022-03-012023-02-2810623050core:ListedExchangeTraded2022-03-012023-02-2810623050core:UnlistedNon-exchangeTraded2022-03-012023-02-2810623050core:MoreThanFiveYears2022-03-012023-02-2810623050core:Non-currentFinancialInstruments2023-02-2810623050core:Non-currentFinancialInstruments2022-02-2810623050dpl:CostSales2022-03-012023-02-2810623050dpl:DistributionCosts2022-03-012023-02-2810623050core:LandBuildings2022-03-012023-02-2810623050core:PlantMachinery2022-03-012023-02-2810623050core:Vehicles2022-03-012023-02-2810623050core:FurnitureFittings2022-03-012023-02-2810623050core:OfficeEquipment2022-03-012023-02-2810623050dpl:AdministrativeExpenses2022-03-012023-02-2810623050core:NetGoodwill2022-03-012023-02-2810623050core:IntangibleAssetsOtherThanGoodwill2022-03-012023-02-2810623050dpl:GroupUndertakings2022-03-012023-02-2810623050dpl:ParticipatingInterests2022-03-012023-02-2810623050dpl:GroupUndertakingscore:ListedExchangeTraded2022-03-012023-02-2810623050core:ListedExchangeTraded2022-03-012023-02-2810623050dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-03-012023-02-2810623050core:UnlistedNon-exchangeTraded2022-03-012023-02-2810623050dpl:CostSales2021-03-012022-02-2810623050dpl:DistributionCosts2021-03-012022-02-2810623050core:LandBuildings2021-03-012022-02-2810623050core:PlantMachinery2021-03-012022-02-2810623050core:Vehicles2021-03-012022-02-2810623050core:FurnitureFittings2021-03-012022-02-2810623050core:OfficeEquipment2021-03-012022-02-2810623050dpl:AdministrativeExpenses2021-03-012022-02-2810623050core:NetGoodwill2021-03-012022-02-2810623050core:IntangibleAssetsOtherThanGoodwill2021-03-012022-02-2810623050dpl:GroupUndertakings2021-03-012022-02-2810623050dpl:ParticipatingInterests2021-03-012022-02-2810623050dpl:GroupUndertakingscore:ListedExchangeTraded2021-03-012022-02-2810623050core:ListedExchangeTraded2021-03-012022-02-2810623050dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-03-012022-02-2810623050core:UnlistedNon-exchangeTraded2021-03-012022-02-2810623050core:NetGoodwill2023-02-2810623050core:IntangibleAssetsOtherThanGoodwill2023-02-2810623050core:LandBuildings2023-02-2810623050core:PlantMachinery2023-02-2810623050core:Vehicles2023-02-2810623050core:FurnitureFittings2023-02-2810623050core:OfficeEquipment2023-02-2810623050core:AfterOneYear2023-02-2810623050core:WithinOneYear2023-02-2810623050core:ListedExchangeTraded2023-02-2810623050core:UnlistedNon-exchangeTraded2023-02-2810623050core:ShareCapital2023-02-2810623050core:SharePremium2023-02-2810623050core:RevaluationReserve2023-02-2810623050core:OtherReservesSubtotal2023-02-2810623050core:RetainedEarningsAccumulatedLosses2023-02-2810623050core:NetGoodwill2022-02-2810623050core:IntangibleAssetsOtherThanGoodwill2022-02-2810623050core:LandBuildings2022-02-2810623050core:PlantMachinery2022-02-2810623050core:Vehicles2022-02-2810623050core:FurnitureFittings2022-02-2810623050core:OfficeEquipment2022-02-2810623050core:AfterOneYear2022-02-2810623050core:WithinOneYear2022-02-2810623050core:ListedExchange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Registered Number
10623050
(England and Wales)

Unaudited Financial Statements for the Year ended
28 February 2023

Enable Construction Ltd

Company Information
for the year from 1 March 2022 to 28 February 2023


Director	Christopher N Nimmo


Company Secretary	Michael Charles Keatley


Registered Address	Whiteleaf Business Centre
	11 Little Balmer
	Buckingham
	MK18 1TF


Registered Number	10623050 (England and Wales)

Enable Construction Ltd

Balance Sheet as at
28 February 2023

	Notes	2023		2022
		£	£	£	£
Fixed assets
Investments	6		185,353		194,567
			185,353		194,567
Current assets
Debtors	7	123,152		811,131
Cash at bank and on hand		515,196		55,919
		638,348		867,050
Creditors amounts falling due within one year	8	(319,430)		(371,893)
Net current assets (liabilities)			318,918		495,157
Total assets less current liabilities			504,271		689,724
Creditors amounts falling due after one year	9		(689,439)		(677,427)
Net assets			(185,168)		12,297
Capital and reserves
Called up share capital			100		100
Profit and loss account			(185,268)		12,197
Shareholders' funds			(185,168)		12,297

The company was entitled to exemption from audit for this reporting period 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 Director acknowledges 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 in accordance with the provisions applicable to companies subject to the small companies regime. The directors have chosen to not file a copy of the company’s profit and loss account.

The financial statements were approved and authorised for issue by the Director on 30 November 2023, and are signed on its behalf by:

Christopher N Nimmo
Director
Registered Company No. 10623050

Enable Construction Ltd

Notes to the Financial Statements
for the year ended 28 February 2023

1.	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	Compliance with applicable reporting framework
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

3.	Principal activities
	The Directors believe, based on the current years trading, that the Company has sufficient income to recover the deficit on reserves incurred in the year ended 28-February-2023.

4.	Accounting policies

	Revenue recognition policy
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Revenue recognition policy

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Foreign currency translation and operations policy
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation and operations policy

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Investments policy
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

Investments policy

Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

5.	Employee information


		2023		2022
	Average number of employees during the year	1		1

6.	Fixed asset investments

	Loans to groups¹	Total
	£	£
Cost or valuation
At 01 March 22	194,567	194,567
Transfers	(9,214)	(9,214)
At 28 February 23	185,353	185,353
Net book value
At 28 February 23	185,353	185,353
At 28 February 22	194,567	194,567

	Notes
	¹Loans to group undertakings and participating interests

7.	Debtors

	2023	2022
	£	£
Trade debtors / trade receivables	123,052	27,544
Amounts owed by associates and joint ventures / participating interests	-	782,657
Called up share capital not paid, current asset	100	100
Prepayments and accrued income	-	830
Total	123,152	811,131


	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. Other debtors includes amounts loaned to associated companies.

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. Other debtors includes amounts loaned to associated companies.

8.	Creditors within one year

	2023	2022
	£	£
Trade creditors / trade payables	167,050	82,474
Amounts owed to related parties	5,140	250,698
Taxation and social security	10,838	38,721
Other creditors	100,000	-
Accrued liabilities and deferred income	36,402	-
Total	319,430	371,893


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

9.	Creditors after one year

	2023	2022
	£	£
Amounts owed to related parties	689,439	677,427
Total	689,439	677,427