Abbreviated Company Accounts - EUROPEAN RETAIL LIMITED

Abbreviated Company Accounts - EUROPEAN RETAIL LIMITED


Registered Number 03155936

EUROPEAN RETAIL LIMITED

Abbreviated Accounts

31 December 2014

EUROPEAN RETAIL LIMITED Registered Number 03155936

Abbreviated Balance Sheet as at 31 December 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 77,036 88,433
77,036 88,433
Current assets
Cash at bank and in hand 210 334
210 334
Creditors: amounts falling due within one year 3 (338,760) (158,225)
Net current assets (liabilities) (338,550) (157,891)
Total assets less current liabilities (261,514) (69,458)
Creditors: amounts falling due after more than one year 3 (157,163) (298,663)
Total net assets (liabilities) (418,677) (368,121)
Capital and reserves
Called up share capital 4 2 2
Profit and loss account (418,679) (368,123)
Shareholders' funds (418,677) (368,121)
  • For the year ending 31 December 2014 the company was entitled to exemption 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 directors acknowledge 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.

Approved by the Board on 23 September 2015

And signed on their behalf by:
Karim Lalani, Director

EUROPEAN RETAIL LIMITED Registered Number 03155936

Notes to the Abbreviated Accounts for the period ended 31 December 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

2Tangible fixed assets
£
Cost
At 1 January 2014 160,978
Additions -
Disposals -
Revaluations -
Transfers -
At 31 December 2014 160,978
Depreciation
At 1 January 2014 72,545
Charge for the year 11,397
On disposals -
At 31 December 2014 83,942
Net book values
At 31 December 2014 77,036
At 31 December 2013 88,433
3Creditors
2014
£
2013
£
Secured Debts 495,923 456,888
4Called Up Share Capital
Allotted, called up and fully paid:
2014
£
2013
£
2 Ordinary shares of £1 each 2 2