1 false false false false false false true false false true false false false false false false 2022-04-01 Sage Accounts Production Advanced 2021 - FRS102_2021 xbrli:pure xbrli:shares iso4217:GBP 02130977 2022-04-01 2023-03-31 02130977 2023-03-31 02130977 2021-04-01 2022-03-31 02130977 2022-03-31 02130977 bus:Director2 2022-04-01 2023-03-31 02130977 core:LandBuildings 2023-03-31 02130977 core:FurnitureFittings 2023-03-31 02130977 core:WithinOneYear 2023-03-31 02130977 core:WithinOneYear 2022-03-31 02130977 core:ShareCapital 2023-03-31 02130977 core:ShareCapital 2022-03-31 02130977 core:RetainedEarningsAccumulatedLosses 2023-03-31 02130977 core:RetainedEarningsAccumulatedLosses 2022-03-31 02130977 core:LandBuildings 2022-03-31 02130977 core:FurnitureFittings 2022-03-31 02130977 bus:SmallEntities 2022-04-01 2023-03-31 02130977 bus:AuditExemptWithAccountantsReport 2022-04-01 2023-03-31 02130977 bus:FullAccounts 2022-04-01 2023-03-31 02130977 bus:SmallCompaniesRegimeForAccounts 2022-04-01 2023-03-31 02130977 bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 02130977 core:FurnitureFittings 2022-04-01 2023-03-31
COMPANY REGISTRATION NUMBER: 02130977
Contours (Europe) Limited
Unaudited financial statements
31 March 2023
Contours (Europe) Limited
Statement of financial position
31 March 2023
2023
2022
Note
£
£
£
£
Fixed assets
Tangible assets
5
269,175
269,175
Creditors: Amounts falling due within one year
6
( 636,285)
( 636,285)
---------
---------
Net current liabilities
( 636,285)
( 636,285)
---------
---------
Total assets less current liabilities
( 367,110)
( 367,110)
---------
---------
Capital and reserves
Called up share capital
48,750
48,750
Profit and loss account
( 415,860)
( 415,860)
---------
---------
Shareholders deficit
( 367,110)
( 367,110)
---------
---------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
The company did not trade during the current year or prior year and has not made either a profit or loss.
For the year ending 31 March 2023 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 2 October 2023 , and are signed on behalf of the board by:
L E J Brown
Director
Company registration number: 02130977
Contours (Europe) Limited
Notes to the financial statements
Year ended 31 March 2023
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is First Floor Suite, 2 Hillside Business Park, Bury St Edmunds, Suffolk, IP32 7EA.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
The accounts have been prepared on a going concern basis, the validity of which depends upon the continued support of the holding company until the company is able to sell its freehold property for sufficient consideration to enable the company to meet its liabilities. Should the company be unable to continue trading, adjustments would have to be made to reduce the value of the fixed assets to their recoverable amount and reclassify them as current assets, and to provide for any further liabilities which might arise.
Income statement
The company is dormant as defined by section 1169 of the Companies Act 2006. The company received no income and incurred no expenditure during the current year or prior year and therefore no income statement is presented within these financial statements. There have been no movements in shareholders deficit during the current year or prior year.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Fixtures and Fittings
-
Not depreciated
4. Employee numbers
The average number of employees during the year was 1 (2022: 1 ).
5. Tangible assets
Freehold Property
Fixtures and Fittings
Total
£
£
£
Cost
At 1 April 2022 and 31 March 2023
456,840
22,215
479,055
---------
-------
---------
Depreciation
At 1 April 2022 and 31 March 2023
188,568
21,312
209,880
---------
-------
---------
Carrying amount
At 31 March 2023
268,272
903
269,175
---------
-------
---------
At 31 March 2022
268,272
903
269,175
---------
-------
---------
6. Creditors: Amounts falling due within one year
2023
2022
£
£
Amounts owed to group undertakings and undertakings in which the company has a participating interest
636,285
636,285
---------
---------