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REGISTERED NUMBER: 00285787 (England and Wales)














Financial statements

for the year ended 31 March 2017

For

ENFIELD HOLDINGS LIMITED

ENFIELD HOLDINGS LIMITED (REGISTERED NUMBER: 00285787)

Contents of the financial statements
For The Year Ended 31 March 2017










Page

Company information 1

Balance sheet 2

Notes to the financial statements 4


ENFIELD HOLDINGS LIMITED

Company information
For The Year Ended 31 March 2017







Directors: P M Bisset
H J Bisset
D J G Bisset
D G Bisset



Secretary: D G Bisset



Registered office: Second Floor, Kestrel House
Falconry Court
Bakers Lane
Epping
Essex
CM16 5BD



Registered number: 00285787 (England and Wales)



Accountants: Gane Jackson Scott LLP
Chartered Certified Accountants
Second Floor, Kestrel House
Falconry Court
Bakers Lane
Epping
Essex
CM16 5BD



Bankers: Barclays Bank
78 Turners Hill
Cheshunt
Hertfordshire
EN8 9BW

ENFIELD HOLDINGS LIMITED (REGISTERED NUMBER: 00285787)

Balance sheet
31 March 2017

2017 2016
Notes £    £    £    £   
Fixed assets
Tangible assets 4 144 548,280
Investments 5 341,435 341,435
341,579 889,715

Current assets
Debtors 6 1,204,874 189,090
Cash at bank and in hand 18,085 5,616
1,222,959 194,706
Creditors
Amounts falling due within one year 7 206,944 300,264
Net current assets/(liabilities) 1,016,015 (105,558 )
Total assets less current liabilities 1,357,594 784,157

Creditors
Amounts falling due after more than
one year

8

-

28,200
Net assets 1,357,594 755,957

Capital and reserves
Called up share capital 9,810 9,810
Retained earnings 9 1,347,784 746,147
Shareholders' funds 1,357,594 755,957

ENFIELD HOLDINGS LIMITED (REGISTERED NUMBER: 00285787)

Balance sheet - continued
31 March 2017


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2017 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

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 on 1 November 2017 and were signed
on its behalf by:





D G Bisset - Director


ENFIELD HOLDINGS LIMITED (REGISTERED NUMBER: 00285787)

Notes to the financial statements
For The Year Ended 31 March 2017


1. Statutory information

Enfield Holdings 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Preparation of consolidated financial statements
The financial statements contain information about Enfield Holdings Limited as an individual
company and do not contain consolidated financial information as the parent of a group. The
company has taken the option under Section 398 of the Companies Act 2006 not to prepare
consolidated financial statements.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 2% on cost
Plant and machinery - 25% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost less any provision for impairment.

3. Employees and directors

The average number of employees during the year was 4 .

4. Tangible fixed assets
Freehold Plant and
property machinery Totals
£    £    £   
Cost
At 1 April 2016 769,022 8,311 777,333
Disposals (769,022 ) - (769,022 )
At 31 March 2017 - 8,311 8,311
Depreciation
At 1 April 2016 221,248 7,805 229,053
Charge for year - 362 362
Eliminated on disposal (221,248 ) - (221,248 )
At 31 March 2017 - 8,167 8,167
Net book value
At 31 March 2017 - 144 144
At 31 March 2016 547,774 506 548,280

ENFIELD HOLDINGS LIMITED (REGISTERED NUMBER: 00285787)

Notes to the financial statements - continued
For The Year Ended 31 March 2017


5. Fixed asset investments
Shares in
group
undertakin
£   
Cost
At 1 April 2016
and 31 March 2017 341,535
Provisions
At 1 April 2016
and 31 March 2017 100
Net book value
At 31 March 2017 341,435
At 31 March 2016 341,435

The company holds 100% of the ordinary share capital of the following wholly owned subsidiaries
registered in the UK:

Capital & Profit/
Name Nature of trade reserves (loss)
£ £
Finch Seaman Enfield Group
Limited

Metal foundry

212,506

(9,750)
FSE Foundry Limited Metal Foundry 612,550 57,487
AATI Limited Cast stair nosing manufacturers 4,768 (635)
AATI Rail Limited Cast stair nosing manufacturers 521,866 249,835
AATI Commercial Limited Cast stair nosing manufacturers 135,317 34,829
Stairway Installations Limited Cast stair nosing installation 9,766 (48)
FSE Property Limited Property 9,741 (259)

6. Debtors: amounts falling due within one year
2017 2016
£    £   
Amounts owed by group undertakings 1,130,000 -
Other debtors 13,199 -
Directors' loan accounts 44,954 188,120
VAT 7,529 -
Prepayments and accrued income 9,192 970
1,204,874 189,090

ENFIELD HOLDINGS LIMITED (REGISTERED NUMBER: 00285787)

Notes to the financial statements - continued
For The Year Ended 31 March 2017


7. Creditors: amounts falling due within one year
2017 2016
£    £   
Trade creditors 3,133 2,355
Amounts owed to group undertakings 168,665 114,908
Tax - 36,362
Social security and other taxes - 165
VAT - 7,062
Other creditors 32,512 136,139
Directors' loan accounts 134 773
Accruals and deferred income 2,500 2,500
206,944 300,264

8. Creditors: amounts falling due after more than one year
2017 2016
£    £   
Other loans - 1-2 years - 28,200

9. Reserves
Retained
earnings
£   

At 1 April 2016 746,147
Profit for the year 742,351
Dividends (140,714 )
At 31 March 2017 1,347,784

10. Directors' advances, credits and guarantees

The following advances and credits to directors subsisted during the years ended 31 March 2017
and 31 March 2016:

2017 2016
£    £   
D J G Bisset
Balance outstanding at start of year 64,707 2,500
Amounts advanced 1,317 62,207
Amounts repaid (43,279 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 22,745 64,707

ENFIELD HOLDINGS LIMITED (REGISTERED NUMBER: 00285787)

Notes to the financial statements - continued
For The Year Ended 31 March 2017


10. Directors' advances, credits and guarantees - continued

H J Bisset
Balance outstanding at start of year 61,707 -
Amounts advanced 1,228 61,707
Amounts repaid (60,625 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 2,310 61,707

P M Bisset
Balance outstanding at start of year 61,707 -
Amounts advanced 1,219 61,707
Amounts repaid (43,026 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 19,900 61,707

11. Related party disclosures

During the year the investment property comprising of the factory and offices situated at 11
Swinborne Drive, Springwood Industrial Estate Braintree Essex CM7 2YP was transferred to FSE
Property Limited, a company within the same group. As such the transfer has taken place on a no
gain-no loss basis under TCGA 1992, s 171, such that where a transfer is made between two
members of a chargeable gains group, and they are either resident in the UK, or the asset is (or will
be) a chargeable asset in relation to them, then the transfer is deemed for corporation tax to be one
at a consideration which will give rise to neither a gain nor a loss.

12. Ultimate controlling party

The company is controlled by the Director, D G Bisset, by virtue of his ownership of the majority of
the issued share capital.

13. First year adoption

This is the first year in which the financial statements have been prepared under the Financial
Reporting Standard 102. The transition to this new reporting standard has not had any effect on the
amounts disclosed in either the current or proceeding accounting periods.