Europebbletec Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 08491961 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

30 APRIL 2021

FOR

EUROPEBBLETEC LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

T H Gurnett

SECRETARY:

BH21 Ltd

REGISTERED OFFICE:

12 Haviland Road

Ferndown Industrial Estate

Wimborne

Dorset

BH21 7RG

REGISTERED NUMBER:

08491961 (England and Wales)

ACCOUNTANTS:

Elson Geaves Accountants

Chartered Certified Accountants

12 Haviland Road

Ferndown Industrial Estate

Wimborne

Dorset

BH21 7RG

FIXED ASSETS

Tangible assets

4

1,111

-

CURRENT ASSETS

Stocks

4,430

8,692

Debtors

5

106,298

56,916

Cash at bank

32,356

3,941

143,084

69,549

CREDITORS

Amounts falling due within one year

6

76,813

56,503

NET CURRENT ASSETS

66,271

13,046

TOTAL ASSETS LESS CURRENT LIABILITIES

67,382

13,046

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

67,381

13,045

SHAREHOLDERS' FUNDS

67,382

13,046

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2021 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 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 director and authorised for issue on 13 October 2021 and were signed by:

T H Gurnett - Director

1.	STATUTORY INFORMATION

Europebbletec Ltd 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

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2020 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

Additions

1,389

At 30 April 2021

1,389

DEPRECIATION

Charge for year

278

At 30 April 2021

278

NET BOOK VALUE

At 30 April 2021

1,111

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021

2020

£

£

Trade debtors

77,858

54,249

Other debtors

28,440

2,667

106,298

56,916

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021

2020

£

£

Bank loans and overdrafts

25,000

-

Trade creditors

9,120

17,705

Taxation and social security

42,383

38,387

Other creditors

310

411

76,813

56,503