ENEOS EUROPE LIMITED

Company Registration Number:
03800923 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2023

Period of accounts

Start date: 01 January 2023

End date: 31 December 2023

ENEOS EUROPE LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2023

Balance sheet
Notes

ENEOS EUROPE LIMITED

Balance sheet

As at 31 December 2023


Notes

2023

2022


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets: 3 181,830 230,550
Tangible assets: 4 254,040 426,300
Investments: 5 43,500 44,370
Total fixed assets: 479,370 701,220
Current assets
Stocks: 7,251,450 9,800,550
Debtors: 6 8,067,510 11,484,000
Cash at bank and in hand: 13,490,220 5,581,920
Investments:   0 0
Total current assets: 28,809,180 26,866,470
Creditors: amounts falling due within one year: 7 (13,018,680) (14,448,090)
Net current assets (liabilities): 15,790,500 12,418,380
Total assets less current liabilities: 16,269,870 13,119,600
Creditors: amounts falling due after more than one year: 8 0 (445,440)
Provision for liabilities: (76,560) (76,560)
Total net assets (liabilities): 16,193,310 12,597,600
Capital and reserves
Called up share capital: 4,313,460 4,313,460
Share premium account: 1,879,200 1,879,200
Revaluation reserve: 00
Other reserves: 0 0
Profit and loss account: 10,000,650 6,404,940
Shareholders funds: 16,193,310 12,597,600

The notes form part of these financial statements

ENEOS EUROPE LIMITED

Balance sheet statements

For the year ending 31 December 2023 the company was entitled to exemption 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 directors acknowledge their 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 this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 27 March 2024
and signed on behalf of the board by:

Name: Mr. Kei Hara
Status: Director

The notes form part of these financial statements

ENEOS EUROPE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

ENEOS EUROPE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

2. Employees

2023 2022
Average number of employees during the period 42 39

ENEOS EUROPE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Intangible Assets

Total
Cost £
At 01 January 2023 961,350
Additions 73,080
Disposals 0
Revaluations 0
Transfers 0
At 31 December 2023 1,034,430
Amortisation
At 01 January 2023 730,800
Charge for year 121,800
On disposals 0
Other adjustments 0
At 31 December 2023 852,600
Net book value
At 31 December 2023 181,830
At 31 December 2022 230,550

ENEOS EUROPE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Tangible Assets

Total
Cost £
At 01 January 2023 2,178,480
Additions 45,240
Disposals 0
Revaluations 0
Transfers 0
At 31 December 2023 2,223,720
Depreciation
At 01 January 2023 1,752,180
Charge for year 0
On disposals 0
Other adjustments 217,500
At 31 December 2023 1,969,680
Net book value
At 31 December 2023 254,040
At 31 December 2022 426,300

ENEOS EUROPE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

5. Fixed investments

this investment is 100% shareholding in the issued ordinary share capital of ENEOS PETROLLERI LTD. SIRKETI Sti Nart Business Center Polcenter Avm Buyukdere Cad. Ecza Sk. No:4/1/224Levent/Istanbul, a company incorporated in Turkey, whose principal activity is sale and purchase of oil-based products.

ENEOS EUROPE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

6. Debtors

2023 2022
££
Debtors due after more than one year: 0 310,590

ENEOS EUROPE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

7. Creditors: amounts falling due within one year note

Accruals and deferred income: 4,176,000Trade creditors: 3,352,980Other taxes and social security costs: 0Lease liabilities: 140,940Corporation tax: 647,280Other creditors: 4,701,480

ENEOS EUROPE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

8. Creditors: amounts falling due after more than one year note

Lease liabilities: 0long term loan to group undertakings: 0