Entrepreneurs Organisation Europe Limited - Period Ending 2019-03-31
Entrepreneurs Organisation Europe Limited - Period Ending 2019-03-31
Registration number:
FINANCIAL PERIOD DATA REFRESH REQUIRED
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Entrepreneurs Organisation Europe Limited
for the Year Ended 31 March 2019
11 St. James's Place
London
SW1A 1NP
Entrepreneurs Organisation Europe Limited
Contents
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Company Information |
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Balance Sheet |
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Notes to the Financial Statements |
Entrepreneurs Organisation Europe Limited
Company Information
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Directors |
Mr Benjamin Charles Peachey Mr Russell Elton Garvey |
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Registered office |
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Accountants |
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Page 1 |
Entrepreneurs Organisation Europe Limited
(Registration number: 10069314)
Balance Sheet as at 31 March 2019
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Note |
2019 |
2018 |
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Current assets |
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Debtors |
- |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
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( |
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Net liabilities |
( |
( |
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Capital and reserves |
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Profit and loss account |
( |
( |
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Total equity |
( |
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For the financial year ending 31 March 2019 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.
Approved and authorised by the
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Director
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Page 2 |
Entrepreneurs Organisation Europe Limited
Notes to the Financial Statements for the Year Ended 31 March 2019
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General information |
The company is a private company limited by share capital, incorporated in England and Wales.
The address of its registered office is:
United Kingdom
These financial statements were authorised for issue by the
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Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.
Basis of preparation
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
Going concern
The financial statements have been prepared on a going concern basis due to the ongoing support of the founding member. The directors are currently reviewing the trading position of the company but it has been confirmed the member will continue to support the company for at least the next 12 months.
Revenue recognition
Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value
added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
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Page 3 |
Entrepreneurs Organisation Europe Limited
Notes to the Financial Statements for the Year Ended 31 March 2019
Trade creditors
Trade creditors are obligations to pay for services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.
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Debtors |
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2019 |
2018 |
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Other debtors |
- |
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Creditors |
Creditors: amounts falling due within one year
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2019 |
2018 |
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Due within one year |
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Trade creditors |
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Accruals and deferred income |
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Other creditors |
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Page 4 |
Entrepreneurs Organisation Europe Limited
Notes to the Financial Statements for the Year Ended 31 March 2019
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Related party transactions |
Summary of transactions with other related parties
There were no terms attached to the loan amounts provided.
Loans from related parties
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2019 |
Other related parties |
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At start of period |
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Repaid |
( |
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At end of period |
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2018 |
Other related parties |
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At start of period |
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Repaid |
( |
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At end of period |
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Page 5 |