Eurointelligence Limited - Period Ending 2015-03-31

Registration number: 05778200

Eurointelligence Limited

Unaudited Abbreviated Accounts

for the Period from 1 June 2014 to 31 March 2015

 

Critchleys LLP
Chartered Accountants
Greyfriars Court
Paradise Square
Oxford
OX1 1BE

Eurointelligence Limited
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2 to 4

Eurointelligence Limited - Registration number: 05778200
Balance Sheet as at 31 March 2015

		Note			31 March 2015						31 May 2014
	£			£			£			£
Fixed assets
Tangible fixed assets		2						21,301						21,008
Current assets
Debtors					137,703						22,412
Cash at bank and in hand					15,297						56,777
					153,000						79,189
Creditors: Amounts falling due within one year					(174,299)						(100,195)
Net current liabilities								(21,299)						(21,006)
Net assets								2						2
Capital and reserves
Called up share capital		3						2						2

For the period ending 31 March 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 2 March 2016 and signed on its behalf by:

.........................................
W Munchau
Director

The notes on pages 2 to 4 form an integral part of these financial statements.
  Page 1

Eurointelligence Limited
Notes to the Abbreviated Accounts for the Period from 1 June 2014 to 31 March 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).

Turnover

Turnover represents amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Plant and machinery	25% Reducing balance
Fixtures and fittings	25% Reducing balance
Office equipment	33.33% Straight line

Foreign currency

Transactions in foreign currencies are recorded at the exchange rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated at the closing rates at the balance sheet date. All exchange differences are included in the profit and loss account.

Page 2

Eurointelligence Limited
Notes to the Abbreviated Accounts for the Period from 1 June 2014 to 31 March 2015
......... continued

2	Fixed assets

		Tangible assets £			Total £
Cost
At 1 June 2014		57,723			57,723
Additions		7,447			7,447
At 31 March 2015		65,170			65,170
Depreciation
At 1 June 2014		36,715			36,715
Charge for the period		7,154			7,154
At 31 March 2015		43,869			43,869
Net book value
At 31 March 2015		21,301			21,301
At 31 May 2014		21,008			21,008

3	Share capital

Allotted, called up and fully paid shares

	31 March 2015						31 May 2014
		No.			£			No.			£
Ordinary of £1 each		2			2			2			2

Page 3

Eurointelligence Limited
Notes to the Abbreviated Accounts for the Period from 1 June 2014 to 31 March 2015
......... continued

4	Related party transactions

Other related party transactions

During the period the company made the following related party transactions:

W Munchau ( Director )   Director's current account . At the balance sheet date the amount due from W Munchau was £10,556 ( 2014 - £955 ) .

S Mundschenk ( Director )   Director's current account . At the balance sheet date the amount due from S Mundschenk was £51,869 ( 2014 - £955 ) .

5

Control

The company is controlled by the directors who own 100% of the called up share capital.

Page 4