Caseware UK (AP4) 2022.0.179 2022.0.179 2023-03-312023-03-31The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.12022-04-01falseNo description of principal activity1falsetrue 04239037 2022-04-01 2023-03-31 04239037 2021-04-01 2022-03-31 04239037 2023-03-31 04239037 2022-03-31 04239037 c:Director1 2022-04-01 2023-03-31 04239037 d:MotorVehicles 2022-04-01 2023-03-31 04239037 d:MotorVehicles 2023-03-31 04239037 d:MotorVehicles 2022-03-31 04239037 d:MotorVehicles d:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 04239037 d:FurnitureFittings 2022-04-01 2023-03-31 04239037 d:FurnitureFittings 2023-03-31 04239037 d:FurnitureFittings 2022-03-31 04239037 d:FurnitureFittings d:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 04239037 d:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 04239037 d:CurrentFinancialInstruments 2023-03-31 04239037 d:CurrentFinancialInstruments 2022-03-31 04239037 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 04239037 d:CurrentFinancialInstruments d:WithinOneYear 2022-03-31 04239037 d:ShareCapital 2023-03-31 04239037 d:ShareCapital 2022-03-31 04239037 d:RetainedEarningsAccumulatedLosses 2023-03-31 04239037 d:RetainedEarningsAccumulatedLosses 2022-03-31 04239037 c:OrdinaryShareClass1 2022-04-01 2023-03-31 04239037 c:OrdinaryShareClass1 2023-03-31 04239037 c:OrdinaryShareClass1 2022-03-31 04239037 c:FRS102 2022-04-01 2023-03-31 04239037 c:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 04239037 c:FullAccounts 2022-04-01 2023-03-31 04239037 c:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 04239037













EUROZONE DEVELOPMENTS LIMITED
UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR
FOR THE YEAR ENDED 31 MARCH 2023


 
EUROZONE DEVELOPMENTS LIMITED
REGISTERED NUMBER:04239037


BALANCE SHEET
AS AT 31 MARCH 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
4,434
7,104

  
4,434
7,104

Current assets
  

Debtors: amounts falling due within one year
 5 
391,398
171,397

Cash at bank and in hand
  
4,814
152,310

  
396,212
323,707

Creditors: amounts falling due within one year
 6 
(22,171)
(17,921)

Net current assets
  
 
 
374,041
 
 
305,786

Total assets less current liabilities
  
378,475
312,890

  

Net assets
  
378,475
312,890


Capital and reserves
  

Called up share capital 
 7 
670,001
670,001

Profit and loss account
  
(291,526)
(357,111)

  
378,475
312,890


Page 1


 
EUROZONE DEVELOPMENTS LIMITED
REGISTERED NUMBER:04239037

    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2023

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 29 November 2023.





................................................
A D Townend
Director


The notes on pages 3 to 6 form part of these financial statements.

Page 2


 
EUROZONE DEVELOPMENTS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1.


General information

Eurozone Developments Limited is a limited company incorporated and domiciled in England and Wales. The company's registered office is Harwood House, 43 Harwood Road, London, SW6 4QP, the principal place of business is 242 Battersea Bridge Road, London, SW11 3AA.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Page 3


 
EUROZONE DEVELOPMENTS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

2.Accounting policies (continued)

 
2.4

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

At each reporting date the Company assesses whether there is any indication of impairment. If such indication exists, the recoverable amount of the asset is determined which is the higher of its fair value less costs to sell and its value in use. An impairment loss is recognised where the carrying amount exceeds the recoverable amount.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Motor vehicles
-
25%
Fixtures, fittings & equipment
-
20%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.5

Financial instruments

The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties and loans with related parties.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2022 - 1).

Page 4


 
EUROZONE DEVELOPMENTS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

4.


Tangible fixed assets





Motor vehicles
Fixtures, fittings & equipment
Total

£
£
£



Cost or valuation


At 1 April 2022
11,917
56,208
68,125



At 31 March 2023

11,917
56,208
68,125



Depreciation


At 1 April 2022
11,917
49,104
61,021


Charge for the year on owned assets
-
2,670
2,670



At 31 March 2023

11,917
51,774
63,691



Net book value



At 31 March 2023
-
4,434
4,434



At 31 March 2022
-
7,104
7,104


5.


Debtors

2023
2022
£
£


Trade debtors
199,000
129,000

Other debtors
192,398
42,397

391,398
171,397



6.


Creditors: amounts falling due within one year

2023
2022
£
£

Other creditors
20,921
16,421

Accruals and deferred income
1,250
1,500

22,171
17,921


Page 5


 
EUROZONE DEVELOPMENTS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

7.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



670,001 (2022 - 670,001) Ordinary shares of £1.00 each
670,001
670,001


 
Page 6