Company Registration No. 07006576 (England and Wales)
EURO'S BEST PROFILES LTD
Unaudited accounts
for the year ended 31 March 2024
EURO'S BEST PROFILES LTD
Unaudited accounts
Contents
EURO'S BEST PROFILES LTD
Company Information
for the year ended 31 March 2024
Directors
Amarjit Singh SAGOO
Kamalpreet SINGH
Company Number
07006576 (England and Wales)
Registered Office
407 LEY STREET
ILFORD
ESSEX
IG1 4AB
Accountants
Accountingpreneur Limited
Second Floor
26 Goodge Street
Fitzrovia
London
W1T 2QG
EURO'S BEST PROFILES LTD
Statement of financial position
as at 31 March 2024
Intangible assets
10,000
10,000
Tangible assets
13,211
17,516
Inventories
147,000
101,000
Cash at bank and in hand
23,979
127,077
Creditors: amounts falling due within one year
(151,083)
(190,523)
Net current assets
23,062
38,923
Total assets less current liabilities
46,273
66,439
Creditors: amounts falling due after more than one year
(10,175)
(20,824)
Called up share capital
1
1
Profit and loss account
36,097
45,614
Shareholders' funds
36,098
45,615
For the year ending 31 March 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 directors acknowledge their 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 of Directors and authorised for issue on 16 September 2024 and were signed on its behalf by
Amarjit Singh SAGOO
Director
Company Registration No. 07006576
EURO'S BEST PROFILES LTD
Notes to the Accounts
for the year ended 31 March 2024
EURO'S BEST PROFILES LTD is a private company, limited by shares, registered in England and Wales, registration number 07006576. The registered office is 407 LEY STREET, ILFORD, ESSEX, IG1 4AB.
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.
The accounts are presented in £ sterling.
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:
Plant & machinery
10% Straight line method
Motor vehicles
10% Straight line method
Computer equipment
10% Straight line method
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
EURO'S BEST PROFILES LTD
Notes to the Accounts
for the year ended 31 March 2024
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2023
41,506
400
1,537
43,443
At 31 March 2024
41,506
400
1,537
43,443
At 1 April 2023
25,297
400
230
25,927
Charge for the year
4,151
-
154
4,305
At 31 March 2024
29,448
400
384
30,232
At 31 March 2024
12,058
-
1,153
13,211
At 31 March 2023
16,209
-
1,307
17,516
Amounts falling due within one year
Accrued income and prepayments
3,000
1,369
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
10,648
10,648
Trade creditors
48,742
41,145
Taxes and social security
5,659
11,131
Other creditors
5,729
53,445
Loans from directors
68,329
61,617
8
Creditors: amounts falling due after more than one year
2024
2023
9
Average number of employees
During the year the average number of employees was 8 (2023: 8).