Abbreviated Company Accounts - EURO GARDEN AND HOME LIMITED

EURO GARDEN AND HOME LIMITED - Company Information

NI612585 EURO GARDEN AND HOME LIMITED 2016-05-31 false 2015-06-01 2016-05-31 true NI612585 2015-06-01 2016-05-31 NI612585 2016-05-31 NI612585 2015-05-31 NI612585 uk-gaap-cd-bus:Director1 2015-06-01 2016-05-31 NI612585 uk-gaap-cd-bus:Director2 2015-06-01 2016-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-06-01 2016-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-05-31 iso4217:GBP shares

Registered Number NI612585

EURO GARDEN AND HOME LIMITED

Abbreviated Accounts

31 May 2016

EURO GARDEN AND HOME LIMITED Registered Number NI612585

Abbreviated Balance Sheet as at 31 May 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	1,550	200
		1,550	200
Current assets
Stocks		40,833	96,383
Debtors		43,475	41,776
Cash at bank and in hand		18,149	1,662
		102,457	139,821
Creditors: amounts falling due within one year		(64,178)	(106,758)
Net current assets (liabilities)		38,279	33,063
Total assets less current liabilities		39,829	33,263
Total net assets (liabilities)		39,829	33,263
Capital and reserves
Called up share capital	3	1	1
Profit and loss account		39,828	33,262
Shareholders' funds		39,829	33,263

For the year ending 31 May 2016 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 27 February 2017

And signed on their behalf by:
Mr Brian Canavan, Director

EURO GARDEN AND HOME LIMITED Registered Number NI612585

Notes to the Abbreviated Accounts for the period ended 31 May 2016

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 January 2015).

Turnover policy
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their expected useful lives:

Plant and machinery 20% straight line

Valuation information and policy
Stocks
Stocks is valued at the lower of cost and realisable value.

Other accounting policies
Foreign currencies
Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the rate of exchange ruling at the balance sheet date. All differences are taken to the profit and loss account.

2Tangible fixed assets

	£
Cost
At 1 June 2015	500
Additions	1,812
Disposals	-
Revaluations	-
Transfers	-
At 31 May 2016	2,312
Depreciation
At 1 June 2015	300
Charge for the year	462
On disposals	-
At 31 May 2016	762
Net book values
At 31 May 2016	1,550
At 31 May 2015	200

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
1 Ordinary share of £1 each	1	1