Eurokendo Limited
Registered number: 06705217
Balance Sheet
as at 30 September 2023
Notes 2023 2022
£ £
Current assets
Stocks 47,270 34,130
Debtors 3 2,711 849
Cash at bank and in hand 205 101
50,186 35,080
Creditors: amounts falling due within one year 4 (76,114) (50,185)
Net current liabilities (25,928) (15,105)
Total assets less current liabilities (25,928) (15,105)
Creditors: amounts falling due after more than one year 5 - (9,568)
Net liabilities (25,928) (24,673)
Capital and reserves
Called up share capital 1 1
Profit and loss account (25,929) (24,674)
Shareholder's funds (25,928) (24,673)
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Y H Park
Director
Approved by the board on 2 April 2024
Eurokendo Limited
Notes to the Accounts
for the year ended 30 September 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
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. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Debtors
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.
Creditors
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.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 1 1
3 Debtors 2023 2022
£ £
Trade debtors 1,719 -
Other debtors 992 849
2,711 849
4 Creditors: amounts falling due within one year 2023 2022
£ £
Trade creditors - 10
Other creditors 76,114 50,175
76,114 50,185
5 Creditors: amounts falling due after one year 2023 2022
£ £
Bank loans - 9,568
6 Other information
Eurokendo Limited is a private company limited by shares and incorporated in England. Its registered office is:
Suite 41, Chessington Business Centre
37 Cox Lane
Chessington
Surrey
KT9 1SD
Eurokendo Limited 06705217 false 2022-10-01 2023-09-30 2023-09-30 VT Final Accounts April 2022 Y H Park No description of principal activity 06705217 2021-10-01 2022-09-30 06705217 core:WithinOneYear 2022-09-30 06705217 core:AfterOneYear 2022-09-30 06705217 core:ShareCapital 2022-09-30 06705217 core:RetainedEarningsAccumulatedLosses 2022-09-30 06705217 2022-10-01 2023-09-30 06705217 bus:PrivateLimitedCompanyLtd 2022-10-01 2023-09-30 06705217 bus:AuditExempt-NoAccountantsReport 2022-10-01 2023-09-30 06705217 bus:Director40 2022-10-01 2023-09-30 06705217 1 2022-10-01 2023-09-30 06705217 2 2022-10-01 2023-09-30 06705217 countries:England 2022-10-01 2023-09-30 06705217 bus:FRS102 2022-10-01 2023-09-30 06705217 bus:FullAccounts 2022-10-01 2023-09-30 06705217 2023-09-30 06705217 core:WithinOneYear 2023-09-30 06705217 core:AfterOneYear 2023-09-30 06705217 core:ShareCapital 2023-09-30 06705217 core:RetainedEarningsAccumulatedLosses 2023-09-30 06705217 2022-09-30 iso4217:GBP xbrli:pure