ANGLIAN EUROPEAN LIMITED 03498573 true 2017-04-01 2018-03-31 2018-03-31 The principal activity of the company is that of general building services Digita Accounts Production Advanced 6.21.8540.0 Software true T J Smith P S Smith P S Smith 03498573 2017-04-01 2018-03-31 03498573 2018-03-31 03498573 bus:OrdinaryShareClass1 2018-03-31 03498573 core:RetainedEarningsAccumulatedLosses 2018-03-31 03498573 core:ShareCapital 2018-03-31 03498573 core:CurrentFinancialInstruments 2018-03-31 03498573 core:CurrentFinancialInstruments core:WithinOneYear 2018-03-31 03498573 core:FurnitureFittingsToolsEquipment 2018-03-31 03498573 bus:FRS102 2017-04-01 2018-03-31 03498573 bus:AuditExempt-NoAccountantsReport 2017-04-01 2018-03-31 03498573 bus:FullAccounts 2017-04-01 2018-03-31 03498573 bus:RegisteredOffice 2017-04-01 2018-03-31 03498573 bus:CompanySecretary1 2017-04-01 2018-03-31 03498573 bus:Director1 2017-04-01 2018-03-31 03498573 bus:Director4 2017-04-01 2018-03-31 03498573 bus:OrdinaryShareClass1 2017-04-01 2018-03-31 03498573 bus:PrivateLimitedCompanyLtd 2017-04-01 2018-03-31 03498573 bus:Agent1 2017-04-01 2018-03-31 03498573 core:PlantMachinery 2017-04-01 2018-03-31 03498573 countries:AllCountries 2017-04-01 2018-03-31 03498573 2017-03-31 03498573 core:FurnitureFittingsToolsEquipment 2017-03-31 03498573 2017-03-31 03498573 bus:OrdinaryShareClass1 2017-03-31 03498573 core:RetainedEarningsAccumulatedLosses 2017-03-31 03498573 core:ShareCapital 2017-03-31 03498573 core:CurrentFinancialInstruments 2017-03-31 03498573 core:CurrentFinancialInstruments core:WithinOneYear 2017-03-31 03498573 core:FurnitureFittingsToolsEquipment 2017-03-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 03498573

ANGLIAN EUROPEAN LIMITED

Annual Report and Unaudited Financial Statements

for the Year Ended 31 March 2018

IAN SMITH & CO
Chartered Accountants
Lockram Villas
7 Collingwood Road
WITHAM
Essex
CM8 2DY

 

ANGLIAN EUROPEAN LIMITED

Contents

Company Information

1

Profit and Loss Account

2

Balance Sheet

3

Notes to the Financial Statements

4 to 7

 

ANGLIAN EUROPEAN LIMITED

Company Information

Directors

T J Smith

P S Smith

Company secretary

P S Smith

Registered office

7 Collingwood Road
WITHAM
Essex
CM8 2DY

Bankers

National Westminster Bank Plc
Maldon
38 High Street
MALDON
Essex
CM9 5PW

Accountants

IAN SMITH & CO
Chartered Accountants
Lockram Villas
7 Collingwood Road
WITHAM
Essex
CM8 2DY

 

ANGLIAN EUROPEAN LIMITED

Profit and Loss Account for the Year Ended 31 March 2018

The company has not traded during the year. During this year, the company received no income and incurred no expenditure and therefore made neither profit nor loss.

 

ANGLIAN EUROPEAN LIMITED

(Registration number: 03498573)
Balance Sheet as at 31 March 2018

Note

2018
£

2017
£

Fixed assets

 

Tangible assets

3

186

186

Current assets

 

Debtors

4

3,188

3,188

Cash at bank and in hand

 

134

134

 

3,322

3,322

Creditors: Amounts falling due within one year

6

(11,781)

(11,781)

Net current liabilities

 

(8,459)

(8,459)

Net liabilities

 

(8,273)

(8,273)

Capital and reserves

 

Called up share capital

7

2

2

Profit and loss account

(8,275)

(8,275)

Total equity

 

(8,273)

(8,273)

For the financial year ending 31 March 2018 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

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 and authorised by the Board on 20 October 2018 and signed on its behalf by:
 

P S Smith

Director

 

ANGLIAN EUROPEAN LIMITED

Notes to the Financial Statements for the Year Ended 31 March 2018

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
7 Collingwood Road
WITHAM
Essex
CM8 2DY

These financial statements were authorised for issue by the Board on 20 October 2018.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Plant and machinery

25% on written down value

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

 

ANGLIAN EUROPEAN LIMITED

Notes to the Financial Statements for the Year Ended 31 March 2018

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

 

ANGLIAN EUROPEAN LIMITED

Notes to the Financial Statements for the Year Ended 31 March 2018

3

Tangible assets

Furniture, fittings and equipment
 £

Total
£

Cost or valuation

At 1 April 2017

586

586

At 31 March 2018

586

586

Depreciation

At 1 April 2017

400

400

At 31 March 2018

400

400

Carrying amount

At 31 March 2018

186

186

At 31 March 2017

186

186

4

Debtors

2018
£

2017
£

Other debtors

3,188

3,188

3,188

3,188

5

Cash and cash equivalents

2018
£

2017
£

Cash on hand

2

2

Cash at bank

132

132

134

134

6

Creditors

Note

2018
£

2017
£

Due within one year

 

Amounts due to related parties

11,781

11,781

7

Share capital

Allotted, called up and fully paid shares

 

ANGLIAN EUROPEAN LIMITED

Notes to the Financial Statements for the Year Ended 31 March 2018

 

2018

2017

 

No.

£

No.

£

Ordinary shares of £1 each

2

2

2

2