Company Registration No. 09017278 (England and Wales)
C.B.I. EUROPE LTD
Unaudited accounts
for the year ended 30 April 2024
C.B.I. EUROPE LTD
Unaudited accounts
Contents
C.B.I. EUROPE LTD
Company Information
for the year ended 30 April 2024
Director
Anastasiia Sysalina
Company Number
09017278 (England and Wales)
Registered Office
12 Hammersmith Grove
London
W6 7AP
United Kingdom
C.B.I. EUROPE LTD
Statement of financial position
as at 30 April 2024
Tangible assets
1,651
81,329
Debtors
2,262,081
2,473,625
Cash at bank and in hand
224,582
69,333
Creditors: amounts falling due within one year
(2,067,314)
(1,772,012)
Net current assets
759,727
770,946
Total assets less current liabilities
787,362
874,686
Creditors: amounts falling due after more than one year
-
(75,252)
Net assets
787,362
799,434
Called up share capital
1,100
1,100
Profit and loss account
786,262
798,334
Shareholders' funds
787,362
799,434
For the year ending 30 April 2024 the company was entitled to exemption from audit 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 director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 27 August 2024 and were signed on its behalf by
Anastasiia Sysalina
Director
Company Registration No. 09017278
C.B.I. EUROPE LTD
Notes to the Accounts
for the year ended 30 April 2024
C.B.I. EUROPE LTD is a private company, limited by shares, registered in England and Wales, registration number 09017278. The registered office is 12 Hammersmith Grove, London, W6 7AP, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% on cost
Computer equipment
25% on cost
The accounts are presented in £ sterling. Monetary assets and liabilities denominated in foreign currencies are translated into sterling at rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange gains and losses are recognized in the Profit and loss account
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 May 2023
147,814
5,299
153,113
Disposals
(80,370)
-
(80,370)
At 30 April 2024
67,444
6,541
73,985
At 1 May 2023
67,444
4,340
71,784
Charge for the year
-
550
550
At 30 April 2024
67,444
4,890
72,334
At 30 April 2024
-
1,651
1,651
At 30 April 2023
80,370
959
81,329
C.B.I. EUROPE LTD
Notes to the Accounts
for the year ended 30 April 2024
5
Investments
Other investments
Valuation at 1 May 2023
22,411
Valuation at 30 April 2024
25,984
Amounts falling due within one year
Trade debtors
2,128,261
2,353,021
Amounts due from group undertakings etc.
108,003
-
Accrued income and prepayments
232
4,438
Other debtors
25,585
116,166
7
Creditors: amounts falling due within one year
2024
2023
Trade creditors
1,972,037
1,698,146
Taxes and social security
93,604
64,888
Other creditors
1,673
8,978
8
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
-
75,252
Allotted, called up and fully paid:
1,100 Ordinary shares of £1 each
1,100
1,100
10
Average number of employees
During the year the average number of employees was 4 (2023: 4).