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REGISTERED NUMBER: 04955144 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2023

FOR

E U BUSINESS GROUP LIMITED

E U BUSINESS GROUP LIMITED (REGISTERED NUMBER: 04955144)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


E U BUSINESS GROUP LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2023







DIRECTORS: T W Humphreys
A Humphreys





SECRETARY: TWH Secretaries Limited





REGISTERED OFFICE: 409-411 Croydon Road
Beckenham
Kent
BR3 3PP





REGISTERED NUMBER: 04955144 (England and Wales)





ACCOUNTANTS: Edwards Chartered Accountants
409-411 Croydon Road
Beckenham
Kent
BR3 3PP

E U BUSINESS GROUP LIMITED (REGISTERED NUMBER: 04955144)

BALANCE SHEET
31 MAY 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 14,383 16,353

CURRENT ASSETS
Debtors 5 9,482 2,300
Cash at bank 5,564 10,333
15,046 12,633
CREDITORS
Amounts falling due within one year 6 20,745 12,186
NET CURRENT (LIABILITIES)/ASSETS (5,699 ) 447
TOTAL ASSETS LESS CURRENT
LIABILITIES

8,684

16,800

PROVISIONS FOR LIABILITIES 2,732 3,107
NET ASSETS 5,952 13,693

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 5,951 13,692
SHAREHOLDERS' FUNDS 5,952 13,693

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2023 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.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 February 2024 and were signed on its behalf by:



T W Humphreys - Director


E U BUSINESS GROUP LIMITED (REGISTERED NUMBER: 04955144)

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

1. STATUTORY INFORMATION

E U Business Group 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.
Fixtures and fittings - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

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 (2022 - 1 ) .

E U BUSINESS GROUP LIMITED (REGISTERED NUMBER: 04955144)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2023

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 June 2022 27,902
Additions 2,491
Disposals (11,320 )
At 31 May 2023 19,073
DEPRECIATION
At 1 June 2022 11,549
Charge for year 4,461
Eliminated on disposal (11,320 )
At 31 May 2023 4,690
NET BOOK VALUE
At 31 May 2023 14,383
At 31 May 2022 16,353

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 8,521 2,300
Other debtors 961 -
9,482 2,300

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 731 1,592
Taxation and social security 1,255 5,097
Other creditors 18,759 5,497
20,745 12,186

7. TRANSACTIONS WITH DIRECTORS

During the year, the company voted dividends of £2,000 to T W Humphreys, a director.

8. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is T W Humphreys.