EURO GARDEN AND HOME LIMITED

EURO GARDEN AND HOME LIMITED

EURO GARDEN AND HOME LIMITED - Company Information

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EURO GARDEN AND HOME LIMITED

Company Registration Number:
NI612585 (Northern Ireland)

Unaudited abridged accounts for the year ended 31 May 2021

Period of accounts

Start date: 01 June 2020

End date: 31 May 2021

EURO GARDEN AND HOME LIMITED

Contents of the Financial Statements

for the Period Ended 31 May 2021

Balance sheet
Notes

EURO GARDEN AND HOME LIMITED

Balance sheet

As at 31 May 2021


Notes
2021
2020


£
£
Fixed assets
Tangible assets: 3 19,798 4,501
Total fixed assets: 19,798 4,501
Current assets
Stocks: 302,431 409,174
Debtors:   1,824 6,788
Cash at bank and in hand: 1,113,982 77,762
Total current assets: 1,418,237 493,724
Creditors: amounts falling due within one year:   (907,601) (378,526)
Net current assets (liabilities): 510,636 115,198
Total assets less current liabilities: 530,434 119,699
Total net assets (liabilities): 530,434 119,699
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 530,433 119,698
Shareholders funds: 530,434 119,699

The notes form part of these financial statements

EURO GARDEN AND HOME LIMITED

Balance sheet statements

For the year ending 31 May 2021 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 16 February 2022
and signed on behalf of the board by:

Name: Mr B Canavan
Status: Director

The notes form part of these financial statements

EURO GARDEN AND HOME LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2021

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Tangible fixed assets and depreciation policy

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life.

EURO GARDEN AND HOME LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2021

2. Employees

2021 2020
Average number of employees during the period 5 4

EURO GARDEN AND HOME LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2021

3. Tangible Assets

Total
Cost £
At 01 June 2020 8,312
Additions 17,774
At 31 May 2021 26,086
Depreciation
At 01 June 2020 3,811
Charge for year 2,477
At 31 May 2021 6,288
Net book value
At 31 May 2021 19,798
At 31 May 2020 4,501