ENIVOB_26_LIMITED - Accounts


Company Registration No. 3727903 (England and Wales)
ENIVOB 26 LIMITED
DIRECTOR'S REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2016
Faulkner House
Victoria Street
Rayner Essex LLP
St Albans
Chartered Accountants
Herts
AL1 3SE
ENIVOB 26 LIMITED
COMPANY INFORMATION
Director
Mr N Rayment
Secretary
Mrs C Rayment
Company number
3727903
Registered office
9 Frederick Street
Luton
Bedfordshire
LU2 7QW
Accountants
Rayner Essex LLP
Faulkner House
Victoria Street
St Albans
Herts
AL1 3SE
ENIVOB 26 LIMITED
CONTENTS
Page
Director's report
1
Accountants' report
2
Profit and loss account
3
Balance sheet
4
Notes to the financial statements
5 - 7
ENIVOB 26 LIMITED
DIRECTOR'S REPORT
FOR THE YEAR ENDED 31 MARCH 2016
- 1 -
The director presents his report and financial statements for the year ended 31 March 2016.
Principal activities
The principal activity of the company continued to be that of a holding company.

The company has not traded since incorporation.
Director
The following director has held office since 1 April 2015:
Mr N Rayment
Statement of director's responsibilities
The director is responsible for preparing the Director's Report and the financial statements in accordance with applicable law and regulations.

Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the director must not approve the financial statements unless he is satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the director is required to:

- select suitable accounting policies and then apply them consistently;
- make judgements and accounting estimates that are reasonable and prudent;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The director is responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable him to ensure that the financial statements comply with the Companies Act 2006. He is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
This report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.
On behalf of the board
Mr N Rayment
Director
12 July 2016
ENIVOB 26 LIMITED
CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF ENIVOB 26 LIMITED FOR THE YEAR ENDED 31 MARCH 2016
- 2 -
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Enivob 26 Limited for the year ended 31 March 2016 set out on pages 3 to 7 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at icaew.com/regulations.

This report is made solely to the Board of Directors of Enivob 26 Limited, as a body, in accordance with the terms of our engagement letter dated 26 November 2002. Our work has been undertaken solely to prepare for your approval the financial statements of Enivob 26 Limited and state those matters that we have agreed to state to the Board of Directors of Enivob 26 Limited, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Enivob 26 Limited and its Board of Directors as a body, for our work or for this report.

It is your duty to ensure that Enivob 26 Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Enivob 26 Limited. You consider that Enivob 26 Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of Enivob 26 Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Rayner Essex LLP
12 July 2016
Chartered Accountants
Faulkner House
Victoria Street
St Albans
Herts
AL1 3SE
ENIVOB 26 LIMITED
PROFIT AND LOSS ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2016
- 3 -
2016
2015
Notes
£
£
Operating loss
-
-
Investment income
2
36,000
36,000
Profit on ordinary activities before taxation
36,000
36,000
Tax on profit on ordinary activities
-
-
Profit for the year
6
36,000
36,000
The profit and loss account has been prepared on the basis that all operations are continuing operations.
There are no recognised gains and losses other than those passing through the profit and loss account.
ENIVOB 26 LIMITED
BALANCE SHEET
AS AT
31 MARCH 2016
31 March 2016
- 4 -
2016
2015
Notes
£
£
£
£
Fixed assets
Investments
4
269,360
269,360
Current assets
Net current assets
-
-
Total assets less current liabilities
269,360
269,360
Capital and reserves
Called up share capital
5
35
35
Share premium account
6
99,957
99,957
Profit and loss account
6
169,368
169,368
Shareholders'  funds
7
269,360
269,360
For the financial year ended 31 March 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by the Board and authorised for issue on 12 July 2016
Mr N Rayment
Director
Company Registration No. 3727903
ENIVOB 26 LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2016
- 5 -
1
Accounting policies
1.1
Accounting convention

The financial statements are prepared under the historical cost convention.

The company has taken advantage of the exemption in Financial Reporting Standard No 1 from the requirement to produce a cash flow statement on the grounds that it is a small company.
1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
1.3
Investments
Fixed asset investments are stated at cost less provision for diminution in value.
1.4
Group accounts
The financial statements present information about the company as an individual undertaking and not about its group. The company and its subsidiary undertaking comprise a small-sized group. The company has therefore taken advantage of the exemptions provided by section 399 of the Companies Act 2006  not to prepare group accounts.
2
Investment income
2016
2015
£
£
Income from shares in group undertakings
36,000
36,000
3
Dividends
2016
2015
£
£
Ordinary final paid
36,000
36,000
ENIVOB 26 LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2016
- 6 -
4
Fixed asset investments
Shares in group undertakings and participating interests
£
Cost
At 1 April 2015 & at 31 March 2016
269,360
Net book value
At 31 March 2016
269,360
At 31 March 2015
269,360
Holdings of more than 20%
The company holds more than 20% of the share capital of the following companies:
Company
Country of registration or
Shares held
incorporation
Class
%
Subsidiary undertakings
Nigel Rayment Limited
England
Ordinary
100.00
The aggregate amount of capital and reserves and the results of these undertakings for the last relevant financial year were as follows:
Capital and reserves
Profit/(loss) for the year
2016
2016
Principal activity
£
£
Nigel Rayment Limited
Manufacture of ladies millinery
145,692
36,471
5
Share capital
2016
2015
£
£
Allotted, called up and fully paid
35 Ordinary £1 shares of £1 each
35
35
ENIVOB 26 LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2016
- 7 -
6
Statement of movements on reserves
Share premium account
Profit and loss
account
£
£
Balance at 1 April 2015
99,957
169,368
Profit for the year
-
36,000
Dividends paid
-
(36,000)
Balance at 31 March 2016
99,957
169,368
7
Reconciliation of movements in Shareholders' funds
2016
2015
£
£
Profit for the financial year
36,000
36,000
Dividends
(36,000)
(36,000)
Net depletion in shareholders' funds
-
-
Opening Shareholders' funds
269,360
269,360
Closing Shareholders' funds
269,360
269,360
8
Control

The ultimate controlling party is Mr N Rayment, the director of the company, by virtue of his shareholding in the company.

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