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REGISTERED NUMBER: 12255936 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2022

FOR

EUROGAUGE AUTOMATION LIMITED

EUROGAUGE AUTOMATION LIMITED (REGISTERED NUMBER: 12255936)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


EUROGAUGE AUTOMATION LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2022







DIRECTORS: G Jeffrey
Mrs T E Jeffrey





REGISTERED OFFICE: 10 Beech Court
Wokingham Road
Hurst
Berkshire
RG10 0RQ





REGISTERED NUMBER: 12255936 (England and Wales)





ACCOUNTANTS: Vernon Gosling Friday Limited
10 Beech Court
Wokingham Road
Hurst
Berkshire
RG10 0RQ

EUROGAUGE AUTOMATION LIMITED (REGISTERED NUMBER: 12255936)

BALANCE SHEET
31 OCTOBER 2022

2022 2021
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 9,494 10,134

CURRENT ASSETS
Stocks 24,000 19,975
Debtors 5 16,900 18,243
Cash at bank and in hand 2,508 4,005
43,408 42,223
CREDITORS
Amounts falling due within one year 6 26,218 15,671
NET CURRENT ASSETS 17,190 26,552
TOTAL ASSETS LESS CURRENT
LIABILITIES

26,684

36,686

CREDITORS
Amounts falling due after more than one
year

7

26,667

36,667
NET ASSETS 17 19

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 15 17
SHAREHOLDERS' FUNDS 17 19

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2022 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

EUROGAUGE AUTOMATION LIMITED (REGISTERED NUMBER: 12255936)

BALANCE SHEET - continued
31 OCTOBER 2022


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 October 2023 and were signed on its behalf by:





G Jeffrey - Director


EUROGAUGE AUTOMATION LIMITED (REGISTERED NUMBER: 12255936)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2022

1. STATUTORY INFORMATION

Eurogauge Automation Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance and 20% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2021 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 November 2021 14,415
Additions 2,000
At 31 October 2022 16,415
DEPRECIATION
At 1 November 2021 4,281
Charge for year 2,640
At 31 October 2022 6,921
NET BOOK VALUE
At 31 October 2022 9,494
At 31 October 2021 10,134

EUROGAUGE AUTOMATION LIMITED (REGISTERED NUMBER: 12255936)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2022

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade debtors 7,464 9,096
Other debtors 9,436 9,147
16,900 18,243

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors - 132
Taxation and social security 16,068 5,405
Other creditors 150 134
26,218 15,671

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2022 2021
£    £   
Bank loans 26,667 36,667