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Company Registration No. 09017278 (England and Wales)
C.B.I. EUROPE LTD Unaudited accounts for the year ended 30 April 2023
C.B.I. EUROPE LTD Unaudited accounts Contents
Page
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C.B.I. EUROPE LTD Company Information for the year ended 30 April 2023
Director
Leonardo Ettore Smerieri
Company Number
09017278 (England and Wales)
Registered Office
Pavilion Fulham Green Chester House 81-83 Fulham High Street London England SW6 3JW
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C.B.I. EUROPE LTD Statement of financial position as at 30 April 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
81,329 
20,314 
Investments
22,411 
14,067 
103,740 
34,381 
Current assets
Debtors
2,473,625 
3,546,251 
Cash at bank and in hand
69,333 
384,031 
2,542,958 
3,930,282 
Creditors: amounts falling due within one year
(1,772,012)
(3,178,233)
Net current assets
770,946 
752,049 
Total assets less current liabilities
874,686 
786,430 
Creditors: amounts falling due after more than one year
(75,252)
(10,007)
Net assets
799,434 
776,423 
Capital and reserves
Called up share capital
1,100 
1,100 
Profit and loss account
798,334 
775,323 
Shareholders' funds
799,434 
776,423 
For the year ending 30 April 2023 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 30 October 2023 and were signed on its behalf by
Leonardo Ettore Smerieri Director Company Registration No. 09017278
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C.B.I. EUROPE LTD Notes to the Accounts for the year ended 30 April 2023
1
Statutory information
C.B.I. EUROPE LTD is a private company, limited by shares, registered in England and Wales, registration number 09017278. The registered office is Pavilion Fulham Green Chester House, 81-83 Fulham High Street, London, England, SW6 3JW.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% on cost
Computer equipment
25% on cost
Presentation currency
The accounts are presented in £ sterling. Monetary assets and liabilities denominated in foreign currencies are translated into sterling at rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange gains and losses are recognized in the Profit and loss account
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 May 2022
53,819 
Additions
99,294 
At 30 April 2023
153,113 
Depreciation
At 1 May 2022
33,505 
Charge for the year
38,279 
At 30 April 2023
71,784 
Net book value
At 30 April 2023
81,329 
At 30 April 2022
20,314 
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C.B.I. EUROPE LTD Notes to the Accounts for the year ended 30 April 2023
5
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
1,100 Ordinary shares of £1 each
1,100 
1,100 
6
Average number of employees
During the year the average number of employees was 4 (2022: 3).
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