Abbreviated Company Accounts - EURO ASSETS LIMITED

Abbreviated Company Accounts - EURO ASSETS LIMITED


Registered Number 02815528

EURO ASSETS LIMITED

Abbreviated Accounts

6 May 2015

EURO ASSETS LIMITED Registered Number 02815528

Abbreviated Balance Sheet as at 6 May 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 864,749 881,789
864,749 881,789
Current assets
Debtors 78,418 57,754
Cash at bank and in hand 2,539 3,892
80,957 61,646
Creditors: amounts falling due within one year (363,272) (376,092)
Net current assets (liabilities) (282,315) (314,446)
Total assets less current liabilities 582,434 567,343
Creditors: amounts falling due after more than one year (286,970) (341,459)
Total net assets (liabilities) 295,464 225,884
Capital and reserves
Called up share capital 3 3 3
Profit and loss account 295,461 225,881
Shareholders' funds 295,464 225,884
  • For the year ending 6 May 2015 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 24 December 2015

And signed on their behalf by:
g wilks, Director

EURO ASSETS LIMITED Registered Number 02815528

Notes to the Abbreviated Accounts for the period ended 6 May 2015

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 7 May 2014 1,283,088
Additions 27,610
Disposals -
Revaluations -
Transfers -
At 6 May 2015 1,310,698
Depreciation
At 7 May 2014 401,299
Charge for the year 44,650
On disposals -
At 6 May 2015 445,949
Net book values
At 6 May 2015 864,749
At 6 May 2014 881,789
3Called Up Share Capital
Allotted, called up and fully paid:
2015
£
2014
£
3 Ordinary shares of £1 each 3 3