2022-04-012023-03-312023-03-31false07987570EUR3KA LTD2023-11-03iso4217:GBPxbrli:pure079875702022-04-01079875702023-03-31079875702022-04-012023-03-31079875702021-04-01079875702022-03-31079875702021-04-012022-03-3107987570bus:SmallEntities2022-04-012023-03-3107987570bus:AuditExempt-NoAccountantsReport2022-04-012023-03-3107987570bus:FullAccounts2022-04-012023-03-3107987570bus:PrivateLimitedCompanyLtd2022-04-012023-03-3107987570core:WithinOneYear2023-03-3107987570core:AfterOneYear2023-03-3107987570core:WithinOneYear2022-03-3107987570core:AfterOneYear2022-03-3107987570core:ShareCapital2023-03-3107987570core:SharePremium2023-03-3107987570core:RevaluationReserve2023-03-3107987570core:OtherReservesSubtotal2023-03-3107987570core:RetainedEarningsAccumulatedLosses2023-03-3107987570core:ShareCapital2022-03-3107987570core:SharePremium2022-03-3107987570core:RevaluationReserve2022-03-3107987570core:OtherReservesSubtotal2022-03-3107987570core:RetainedEarningsAccumulatedLosses2022-03-3107987570core:LandBuildings2023-03-3107987570core:PlantMachinery2023-03-3107987570core:Vehicles2023-03-3107987570core:FurnitureFittings2023-03-3107987570core:OfficeEquipment2023-03-3107987570core:NetGoodwill2023-03-3107987570core:IntangibleAssetsOtherThanGoodwill2023-03-3107987570core:ListedExchangeTraded2023-03-3107987570core:UnlistedNon-exchangeTraded2023-03-3107987570core:LandBuildings2022-03-3107987570core:PlantMachinery2022-03-3107987570core:Vehicles2022-03-3107987570core:FurnitureFittings2022-03-3107987570core:OfficeEquipment2022-03-3107987570core:NetGoodwill2022-03-3107987570core:IntangibleAssetsOtherThanGoodwill2022-03-3107987570core:ListedExchangeTraded2022-03-3107987570core:UnlistedNon-exchangeTraded2022-03-3107987570core:LandBuildings2022-04-012023-03-3107987570core:PlantMachinery2022-04-012023-03-3107987570core:Vehicles2022-04-012023-03-3107987570core:FurnitureFittings2022-04-012023-03-3107987570core:OfficeEquipment2022-04-012023-03-3107987570core:NetGoodwill2022-04-012023-03-3107987570core:IntangibleAssetsOtherThanGoodwill2022-04-012023-03-3107987570core:ListedExchangeTraded2022-04-012023-03-3107987570core:UnlistedNon-exchangeTraded2022-04-012023-03-3107987570core:MoreThanFiveYears2022-04-012023-03-3107987570core:Non-currentFinancialInstruments2023-03-3107987570core:Non-currentFinancialInstruments2022-03-3107987570dpl:CostSales2022-04-012023-03-3107987570dpl:DistributionCosts2022-04-012023-03-3107987570core:LandBuildings2022-04-012023-03-3107987570core:PlantMachinery2022-04-012023-03-3107987570core:Vehicles2022-04-012023-03-3107987570core:FurnitureFittings2022-04-012023-03-3107987570core:OfficeEquipment2022-04-012023-03-3107987570dpl:AdministrativeExpenses2022-04-012023-03-3107987570core:NetGoodwill2022-04-012023-03-3107987570core:IntangibleAssetsOtherThanGoodwill2022-04-012023-03-3107987570dpl:GroupUndertakings2022-04-012023-03-3107987570dpl:ParticipatingInterests2022-04-012023-03-3107987570dpl:GroupUndertakingscore:ListedExchangeTraded2022-04-012023-03-3107987570core:ListedExchangeTraded2022-04-012023-03-3107987570dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-04-012023-03-3107987570core:UnlistedNon-exchangeTraded2022-04-012023-03-3107987570dpl:CostSales2021-04-012022-03-3107987570dpl:DistributionCosts2021-04-012022-03-3107987570core:LandBuildings2021-04-012022-03-3107987570core:PlantMachinery2021-04-012022-03-3107987570core:Vehicles2021-04-012022-03-3107987570core:FurnitureFittings2021-04-012022-03-3107987570core:OfficeEquipment2021-04-012022-03-3107987570dpl:AdministrativeExpenses2021-04-012022-03-3107987570core:NetGoodwill2021-04-012022-03-3107987570core:IntangibleAssetsOtherThanGoodwill2021-04-012022-03-3107987570dpl:GroupUndertakings2021-04-012022-03-3107987570dpl:ParticipatingInterests2021-04-012022-03-3107987570dpl:GroupUndertakingscore:ListedExchangeTraded2021-04-012022-03-3107987570core:ListedExchangeTraded2021-04-012022-03-3107987570dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-04-012022-03-3107987570core:UnlistedNon-exchangeTraded2021-04-012022-03-3107987570core:NetGoodwill2023-03-3107987570core:IntangibleAssetsOtherThanGoodwill2023-03-3107987570core:LandBuildings2023-03-3107987570core:PlantMachinery2023-03-3107987570core:Vehicles2023-03-3107987570core:FurnitureFittings2023-03-3107987570core:OfficeEquipment2023-03-3107987570core:AfterOneYear2023-03-3107987570core:WithinOneYear2023-03-3107987570core:ListedExchangeTraded2023-03-3107987570core:UnlistedNon-exchangeTraded2023-03-3107987570core:ShareCapital2023-03-3107987570core:SharePremium2023-03-3107987570core:RevaluationReserve2023-03-3107987570core:OtherReservesSubtotal2023-03-3107987570core:RetainedEarningsAccumulatedLosses2023-03-3107987570core:NetGoodwill2022-03-3107987570core:IntangibleAssetsOtherThanGoodwill2022-03-3107987570core:LandBuildings2022-03-3107987570core:PlantMachinery2022-03-3107987570core:Vehicles2022-03-3107987570core:FurnitureFittings2022-03-3107987570core:OfficeEquipment2022-03-3107987570core:AfterOneYear2022-03-3107987570core:WithinOneYear2022-03-3107987570core:ListedExchange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EUR3KA LTD

Registered Number
07987570
(England and Wales)

Unaudited Financial Statements for the Year ended
31 March 2023

EUR3KA LTD
Company Information
for the year from 1 April 2022 to 31 March 2023

Director

SERPAGLI, Stefano

Registered Address

193b South Croxted Road
London
SE21 8AY

Registered Number

07987570 (England and Wales)
EUR3KA LTD
Statement of Financial Position
31 March 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Tangible assets61,727674
1,727674
Current assets
Debtors99,26823,459
Cash at bank and on hand13,6317,264
22,89930,723
Creditors amounts falling due within one year10(13,967)(13,075)
Net current assets (liabilities)8,93217,648
Total assets less current liabilities10,65918,322
Creditors amounts falling due after one year11(10,293)(11,809)
Provisions for liabilities12(328)(129)
Net assets386,384
Capital and reserves
Called up share capital100100
Profit and loss account(62)6,284
Shareholders' funds386,384
The financial statements were approved and authorised for issue by the Director on 3 November 2023, and are signed on its behalf by:
SERPAGLI, Stefano
Director
Registered Company No. 07987570
EUR3KA LTD
Notes to the Financial Statements
for the year ended 31 March 2023

1.Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
2.Compliance with applicable reporting framework
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
3.Principal activities
The principal activity of the company in the year under review was that of television programme production activities.
4.Accounting policies
Functional and presentation currency policy
The financial statements are presented in sterling and this is the functional currency of the company.
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.
Property, plant and equipment policy
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Reducing balance (%)
Office Equipment25
Revenue recognition policy
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Deferred tax policy
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Foreign currency translation and operations policy
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Employee benefits policy
Contributions to defined contribution plans are expensed in the period to which they relate.
5.Employee information

20232022
Average number of employees during the year00
6.Property, plant and equipment

Office Equipment

Total

££
Cost or valuation
At 01 April 226,0616,061
Additions1,5021,502
At 31 March 237,5637,563
Depreciation and impairment
At 01 April 225,3875,387
Charge for year449449
At 31 March 235,8365,836
Net book value
At 31 March 231,7271,727
At 31 March 22674674
7.Description of nature of transactions and balances with related parties
In the year, a loan balance of £17,721 due from a company under common control, was written off as a bad debt.
8.Directors advances, credits and guarantees

Brought forward

Amount advanced

Amount repaid

Carried forward

££££
SERPAGLI, Stefano04,47704,477
04,47704,477
At the year end date there is a balance due to the business, this amount has been settled in full on the 2nd of November 2023.
9.Debtors

2023

2022

££
Trade debtors / trade receivables4,7045,365
Other debtors4,477-
Prepayments and accrued income87118
Other debtors (Non-current)-17,976
Total9,26823,459
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
10.Creditors within one year

2023

2022

££
Trade creditors / trade payables252,063
Bank borrowings and overdrafts1,8531,853
Taxation and social security10,9958,527
Other creditors-33
Accrued liabilities and deferred income1,094599
Total13,96713,075
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
11.Creditors after one year

2023

2022

££
Bank borrowings and overdrafts10,29311,809
Total10,29311,809
12.Provisions for liabilities

2023

2022

££
Net deferred tax liability (asset)328129
Total328129