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Company Registration No. 09859093 (England and Wales)
Euro-agg Limited Unaudited accounts for the year ended 31 December 2023
Euro-agg Limited Unaudited accounts Contents
Page
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Euro-agg Limited Company Information for the year ended 31 December 2023
Directors
Timothy Hegarty Gareth Moores
Company Number
09859093 (England and Wales)
Registered Office
Brightwell Grange Britwell Road Burnham SL1 8DF England
Accountants
Blue Cube Accountants Limited Britwell Grange Britwell Road Burnham SL1 8DF
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Euro-agg Limited Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,435 
5,204 
Current assets
Inventories
293,699 
271,773 
Debtors
627,637 
1,087,976 
Cash at bank and in hand
104,271 
47,283 
1,025,607 
1,407,032 
Creditors: amounts falling due within one year
(771,536)
(1,209,104)
Net current assets
254,071 
197,928 
Total assets less current liabilities
255,506 
203,132 
Provisions for liabilities
Deferred tax
(359)
(989)
Net assets
255,147 
202,143 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
255,146 
202,142 
Shareholders' funds
255,147 
202,143 
For the year ending 31 December 2023 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 7 May 2024 and were signed on its behalf by
Timothy Hegarty Director Company Registration No. 09859093
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Euro-agg Limited Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
Euro-agg Limited is a private company, limited by shares, registered in England and Wales, registration number 09859093. The registered office is Brightwell Grange, Britwell Road , Burnham, SL1 8DF, England.
2
Accounting policies
Basis of preparation
These financial statements have been prepared in compliance with FRS 102, ’The Financial Reporting Standard applicable to 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.
Presentation currency
The accounts are presented in £ sterling.
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 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
20% Straight Line
Inventories
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
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 taxation
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.
Pension costs
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charge to the profit & loss account in the period to which they relate.
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Euro-agg Limited Notes to the Accounts for the year ended 31 December 2023
3
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 January 2023
21,100 
At 31 December 2023
21,100 
Depreciation
At 1 January 2023
15,896 
Charge for the year
3,769 
At 31 December 2023
19,665 
Net book value
At 31 December 2023
1,435 
At 31 December 2022
5,204 
4
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
518,892 
1,017,514 
Amounts due from group undertakings etc.
83,088 
68,468 
Accrued income and prepayments
5,657 
1,994 
Other debtors
20,000 
- 
627,637 
1,087,976 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
30,794 
46,847 
Trade creditors
376,631 
876,657 
Amounts owed to group undertakings and other participating interests
729 
1,633 
Taxes and social security
23,670 
35,832 
Other creditors
225,408 
164,510 
Loans from directors
16,054 
15,000 
Accruals
98,250 
68,625 
771,536 
1,209,104 
6
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
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Euro-agg Limited Notes to the Accounts for the year ended 31 December 2023
7
Transactions with related parties
Included in debtors are the following balances: -Euro-Agg (Holdings) Ltd £82,528 (2022: £68,468) -Maxrete £280 (2022: £nil) -Argex UK & Irl Ltd £280 (2022: £nil) Included in creditors are the following balances: -Euro-Agg DMCC £730 (2022: £1,633) All of the companies named above are owned and controlled by the directors.
8
Controlling party
The parent company is Euro-Agg (Holdings) Limited, the registered office address is Brightwell Grange, Britwell Road, Burnham, Bucks, England, SL1 8DF.
9
Average number of employees
During the year the average number of employees was 5 (2022: 6).
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