Europa Business Services (UK) Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 02505590 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2016

for

Europa Business Services (UK) Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Mr T Matsuo

SECRETARY:

Mrs Y Matsuo

REGISTERED OFFICE:

327 Canalot Studios

222 Kensal Road

London

W10 5BN

REGISTERED NUMBER:

02505590 (England and Wales)

FIXED ASSETS

Tangible assets

2

2,374

2,225

Investments

3

-

1

2,374

2,226

CURRENT ASSETS

Debtors

18,119

32,921

Cash at bank and in hand

186,822

118,638

204,941

151,559

CREDITORS

Amounts falling due within one year

37,137

5,928

NET CURRENT ASSETS

167,804

145,631

TOTAL ASSETS LESS CURRENT
LIABILITIES

170,178

147,857

CAPITAL AND RESERVES

Called up share capital

4

100

Profit and loss account

170,078

147,757

SHAREHOLDERS' FUNDS

170,178

147,857

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at
the end of each financial year and of its profit or loss for each 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 financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 9 November 2016 and were signed by:

Mr T Matsuo - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance

with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Preparation of consolidated financial statements

The financial statements contain information about Europa Business Services (UK) Limited as an

individual company and do not contain consolidated financial information as the parent of a group. The

company has taken the option under Section 398 of the Companies Act 2006 not to prepare

consolidated financial statements.

Turnover

Turnover represents the value of goods and services supplied by the company during the period, net of

value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

33% on reducing balance

Deferred tax

The charge for taxation takes into account taxation deferred as a result of timing differences between

the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is

recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date. However, deferred tax assets are recognised only to the extent that the directors consider

that it is more likely than not that they will be recovered against the reversal of deferred tax liabilities or

future taxable profits. Deferred taxation is measured on a non-discounted basis at the average tax

rates that would apply when the timing differences are expected to reverse, based on tax rates and

laws that have been enacted by the balance sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis

over the period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

47,082

Additions

1,246

At 31 March 2016

48,328

DEPRECIATION

At 1 April 2015

44,857

Charge for year

1,097

At 31 March 2016

45,954

NET BOOK VALUE

At 31 March 2016

2,374

At 31 March 2015

2,225

3.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 April 2015

14,879

Disposals

(14,879

)

At 31 March 2016

-

PROVISIONS

At 1 April 2015

14,878

Eliminated on disposal

(14,878

)

At 31 March 2016

-

NET BOOK VALUE

At 31 March 2016

-

At 31 March 2015

1

The company's investments at the Balance Sheet date in the share capital of companies include the

following:

EBS India PVT Ltd.

Country of incorporation: India

Nature of business: Research consultants

%

Class of shares:

holding

Ordinary

70.00

2016

2015

£

Aggregate capital and reserves

-

(2,649

)

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

100

Ordinary

£1

100