Abbreviated Company Accounts - EURO ASSETS LIMITED

Abbreviated Company Accounts - EURO ASSETS LIMITED


Registered Number 02815528

EURO ASSETS LIMITED

Abbreviated Accounts

6 May 2014

EURO ASSETS LIMITED Registered Number 02815528

Abbreviated Balance Sheet as at 6 May 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 881,789 764,537
881,789 764,537
Current assets
Debtors 57,754 34,744
Cash at bank and in hand 3,892 11,782
61,646 46,526
Creditors: amounts falling due within one year (376,092) (332,575)
Net current assets (liabilities) (314,446) (286,049)
Total assets less current liabilities 567,343 478,488
Creditors: amounts falling due after more than one year (341,459) (307,342)
Total net assets (liabilities) 225,884 171,146
Capital and reserves
Called up share capital 3 3 3
Profit and loss account 225,881 171,143
Shareholders' funds 225,884 171,146
  • For the year ending 6 May 2014 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 22 October 2014

And signed on their behalf by:
G Wilks, Director

EURO ASSETS LIMITED Registered Number 02815528

Notes to the Abbreviated Accounts for the period ended 6 May 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

2Tangible fixed assets
£
Cost
At 7 May 2013 1,115,926
Additions 167,162
Disposals -
Revaluations -
Transfers -
At 6 May 2014 1,283,088
Depreciation
At 7 May 2013 351,389
Charge for the year 49,910
On disposals -
At 6 May 2014 401,299
Net book values
At 6 May 2014 881,789
At 6 May 2013 764,537
3Called Up Share Capital
Allotted, called up and fully paid:
2014
£
2013
£
3 Ordinary shares of £1 each 3 3