Europitron Limited,Ltd - Accounts

Europitron Limited,Ltd - Accounts

EUROPITRON LIMITED - Company Information

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2014-12-01 true false Private Limited Company 02985271 2015-11-30 02985271 2014-12-01 2015-11-30 02985271 2014-11-30 02985271 2013-12-01 2014-11-30 02985271 uk-bus:Director1 2014-12-01 2015-11-30 02985271 uk-bus:OrdinaryShareClass1 2015-11-30 iso4217:GBP
Europitron Limited
For the year ended 30 November 2015
Abbreviated Report and Financial Statements
England and Wales
Registered Number: 02985271
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Contents Page
Europitron Limited
For the year ended 30 November 2015
1
Balance Sheet
2
Notes to the Abbreviated Financial Statements
3
Abbreviated Balance Sheet
Europitron Limited
As at 30 November 2015
02985271
Registered Number :
£
£
2015
Notes
2014
Fixed assets
Tangible assets
2
110,000
110,000
110,000
110,000
Current assets
Debtors
3
39,422
39,579
Cash at bank and in hand
352
847
39,931
40,269
Creditors: amounts falling due within one year
(3,852)
(5,065)
36,417
34,866
Net current assets
Total assets less current liabilities
144,866
146,417
Creditors: amounts falling due after more than one year
4
(56,291)
(51,956)
92,910
Net assets
90,126
Capital and reserves
Called up share capital
100
5
100
Revaluation reserve
64,505
64,505
Profit and loss account
28,305
25,521
92,910
90,126
Shareholders funds
For the year ended 30 November 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director responsibilities: 1) The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476;
2) The director acknowledges his 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.
Date approved by the board: 26 August 2016
Toby George Halliwell Director
Signed on behalf of the board of directors
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4
Notes to the Abbreviated Financial Statements
Europitron Limited
For the year ended 30 November 2015
1 Accounting Policies
Basis of accounting
The financial statements are prepared under the historical cost convention, as modified by the revaluation of certain fixed assets, and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
Turnover
Turnover comprises the amounts receivable in the year from rents and service charges.
Tangible fixed assets
No depreciation is provided on leasehold property or leasehold improvements. The lease term is 999 years from 1 Julne 1982. The property was last revalued in the accounts in 2006.
2 Tangible fixed assets
Tangible fixed
assets
Cost or valuation
£
110,000
At 01 December 2014
At 30 November 2015
110,000
Net book values
At 30 November 2015
110,000
110,000
At 30 November 2014
Leasehold property was valued on an open market basis on 30 November 2006 by Mr T G Halliwell, the company's director.
3 Debtors:
Other debtors include a loan to the director which is repayable on demand. Interest is charged at the official rate of
interest set from time to time by HM Revenue & Customs in respect of such loans.
4 Creditors due after more than one year
Other creditors include a mortgage loan in the total sum of £54,456 (2014 £58,791) which is secured by a first
charge on the company's long leasehold property 29B Stackpool Road, Bristol. £2,500 (2014 £2,500) of the
mortgage loan is included in other creditors falling due in less than one year.
5 Share capital
Allotted called up and fully paid
2015
2014
£
£
100 Ordinary shares of £1.00 each
100
100
100
100
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