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REGISTERED NUMBER: 05108945 (England and Wales)















Unaudited Financial Statements for the Year Ended 28 February 2023

for

European ATV Safety Institute

European ATV Safety Institute (Registered number: 05108945)






Contents of the Financial Statements
for the Year Ended 28 February 2023




Page

Balance Sheet 1

Notes to the Financial Statements 3


European ATV Safety Institute (Registered number: 05108945)

Balance Sheet
28 February 2023

2023 2022
Notes £    £    £    £   
Fixed assets
Tangible fixed assets 4 19,723 16,072

Current assets
Debtors 5 124,013 90,963
Cash at bank 181,280 206,000
305,293 296,963
Creditors: amounts falling due within
one year

6

285,266

268,432
Net current assets 20,027 28,531
Total assets less current liabilities 39,750 44,603

Creditors: amounts falling due after
more than one year

7

39,577

44,430
Net assets 173 173

Reserves
Income and expenditure account 173 173
173 173

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 surplus or deficit 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.

European ATV Safety Institute (Registered number: 05108945)

Balance Sheet - continued
28 February 2023


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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 26 October 2023 and were signed by:





A K Heitman - Director


European ATV Safety Institute (Registered number: 05108945)

Notes to the Financial Statements
for the Year Ended 28 February 2023

1. Statutory information

European ATV Safety Institute is a private company, limited by guarantee , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 05108945

Registered office: 85 Church Road
Hove
East Sussex
BN3 2BB

The presentation currency of the financial statements is in Pound Sterling (£) and rounding is to the nearest (£).

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 and represents amounts receivable for services rendered, stated net of VAT and discounts. When the outcome of a transaction involving the rendering of services can be reliably estimated, revenue from the rendering of services is measured by reference to the stage of completion of the service transaction at the end of the reporting period. When the outcome of a transaction involving the rendering of services cannot be reliably estimated, revenue is recognised only to the extent that expenses recognised are recoverable.

Tangible fixed assets
Tangible fixed assets are stated at cost or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and Machinery - 25% reducing balance
Motor vehicles - 25% reducing balance

Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.


European ATV Safety Institute (Registered number: 05108945)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

2. Accounting policies - continued
Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Leasing commitments
Rentals paid under operating leases are charged to surplus or deficit on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Government grants
Government grants are recognised in the period to which they relate.

3. Employees and directors

The average number of employees during the year was 3 (2022 - 4 ) .

European ATV Safety Institute (Registered number: 05108945)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

4. Tangible fixed assets
Plant and Motor
machinery vehicles Totals
£    £    £   
Cost
At 1 March 2022 22,039 3,200 25,239
Additions 2,303 5,800 8,103
At 28 February 2023 24,342 9,000 33,342
Depreciation
At 1 March 2022 8,834 333 9,167
Charge for year 3,531 921 4,452
At 28 February 2023 12,365 1,254 13,619
Net book value
At 28 February 2023 11,977 7,746 19,723
At 28 February 2022 13,205 2,867 16,072

5. Debtors: amounts falling due within one year
2023 2022
£    £   
Trade debtors 64,335 27,543
Other debtors 59,678 63,420
124,013 90,963

6. Creditors: amounts falling due within one year
2023 2022
£    £   
Bank loans and overdrafts 5,331 5,570
Trade creditors 22,555 11,623
Taxation and social security 17,338 618
Other creditors 240,042 250,621
285,266 268,432

7. Creditors: amounts falling due after more than one year
2023 2022
£    £   
Bank loans 39,577 44,430

European ATV Safety Institute (Registered number: 05108945)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

7. Creditors: amounts falling due after more than one year - continued
2023 2022
£    £   
Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 10,400 14,503

8. Related party disclosures

At the year end, the company owed the director an amount of £1,425 (2022: £1,425).