EUROSHIRE_LIMITED - Accounts

EUROSHIRE LTD - Company Information

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Company Registration No. 03420894 (England and Wales)

EUROSHIRE LIMITED

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2013

EUROSHIRE LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

EUROSHIRE LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 DECEMBER 2013

- 1 -

2013

2012

Notes

Fixed assets

Tangible assets

627,534

634,807

Current assets

Debtors

8,273

2,908

Cash at bank and in hand

14,384

5,605

22,657

8,513

Creditors: amounts falling due within one year

(28,998)

(17,011)

Net current liabilities

(6,341)

(8,498)

Total assets less current liabilities

621,193

626,309

Creditors: amounts falling due after more than one year

(554,735)

(571,997)

66,458

54,312

Capital and reserves

Called up share capital

100

Profit and loss account

66,358

54,212

Shareholders' funds

66,458

54,312

For the financial year ended 31 December 2013 the company was entitled to exemption from audit under section 477 of the Companies Act 2006. The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for ensuring that the company keeps accounting records which comply with section 386 of the Act and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit or loss for the financial year in accordance with the requirements of sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to accounts, so far as applicable to the company.

These abbreviated accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved by the Board for issue on 29 September 2014

S Lipschitz

Director

Company Registration No. 03420894

EUROSHIRE LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2013

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for rent and services net of VAT.

1.4

Tangible fixed assets and depreciation

Tangible fixed assets other than freehold land are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Land and buildings Freehold

2% per annum.

Land and buildings Leasehold

2% per annum.

Fixed assets

Tangible assets

Cost

At 1 January 2013 & at 31 December 2013

656,343

Depreciation

At 1 January 2013

21,537

Charge for the year

7,272

At 31 December 2013

28,809

Net book value

At 31 December 2013

627,534

At 31 December 2012

634,807

Share capital

2013

2012

Allotted, called up and fully paid

100 Ordinary shares of £1 each

100