European Growth Partners Limited - Period Ending 2015-04-30

Registration number: 03137742

European Growth Partners Limited

Unaudited Abbreviated Accounts

for the Year Ended 30 April 2015
 

European Growth Partners Limited
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2 to 3

European Growth Partners Limited
(Registration number: 03137742)
Abbreviated Balance Sheet at 30 April 2015

		Note			2015 £			2014 £
Current assets
Cash at bank and in hand					28			100
Creditors: Amounts falling due within one year					(1,890)			(1,890)
Net liabilities					(1,862)			(1,790)
Capital and reserves
Called up share capital		3			2			2
Profit and loss account					(1,864)			(1,792)
Shareholders' deficit					(1,862)			(1,790)

For the year ending 30 April 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 30 January 2015 and signed on its behalf by:

.........................................
M A Price
Director

The notes on pages 2 to 3 form an integral part of these financial statements.
Page 1

European Growth Partners Limited
Notes to the Abbreviated Accounts for the Year Ended 30 April 2015
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective April 2008).

Depreciation

Depreciation is provided as the following annual rates in order to write off assets over thier estimated useful life.

Asset class	Depreciation method and rate
Plant and machinery	25% on cost

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

2	Fixed assets

		Tangible assets £			Total £
Cost
At 1 May 2014		1,800			1,800
Disposals		(1,800)			(1,800)
At 30 April 2015		-			-
Depreciation
At 1 May 2014		1,800			1,800
Eliminated on disposals		(1,800)			(1,800)
At 30 April 2015		-			-
Net book value
At 30 April 2015		-			-
At 30 April 2014		-			-

Page 2

European Growth Partners Limited
Notes to the Abbreviated Accounts for the Year Ended 30 April 2015
......... continued

3	Share capital

Allotted, called up and fully paid shares

	2015						2014
		No.			£			No.			£
Ordinary of £1 each		2			2			2			2

Page 3