Company Registration No. SC483560 (Scotland)
Europe Asia Company Ltd
Abbreviated unaudited accounts
for the year ended 31 August 2016
Europe Asia Company Ltd
Abbreviated Balance Sheet
as at 31 August 2016
Cash at bank and in hand
4,806
1,659
Creditors: amounts falling due within one year
(19,107)
(13,610)
Net current liabilities
(14,236)
(11,746)
Net liabilities
(13,020)
(11,746)
Called up share capital
1,000
1,000
Profit and loss account
(14,020)
(12,746)
Total shareholders' funds
(13,020)
(11,746)
For the year ending 31 August 2016 the company was entitled to exemption from audit 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 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 and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Approved by the board on 22 May 2017
Callam Ignatius Fletcher
Director
Company Registration No. SC483560
Europe Asia Company Ltd
Notes to the Abbreviated Accounts
for the year ended 31 August 2016
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 represents the value, net of VAT and discounts, of work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
3 years on cost
As at 31 August 2016 the company's liabilities exceeded assets by £13,020 (2015 - £11,746). The company relies on the continued support of its bank and director to finance the working capital requirements. The director has indicated that this support will continue for the foreseeable future and considers it appropriate to prepare the financial statements on the going concern basis.
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000
1,000
