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REGISTERED NUMBER: 02884201 (England and Wales)














Unaudited Financial Statements

for the Year Ended 31 May 2024

for

Eurogarden Imports Limited

Eurogarden Imports Limited (Registered number: 02884201)

Contents of the Financial Statements
for the Year Ended 31 May 2024










Page

Company information 1

Chartered accountants' report 2

Statement of financial position 3 to 4

Notes to the financial statements 5 to 7


Eurogarden Imports Limited

Company Information
for the Year Ended 31 May 2024







Directors: T Furmanczyk
G B Goodwin





Secretary: G B Goodwin





Registered office: Bank House
Broad Street
Spalding
Lincolnshire
PE11 1TB





Business address: Mallard Road
Low Fulney
Spalding
Lincolnshire
PE12 6ND





Registered number: 02884201 (England and Wales)





Accountants: Moore Thompson
Bank House
Broad Street
Spalding
Lincolnshire
PE11 1TB

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Eurogarden Imports Limited


The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of financial position. Readers are cautioned that the Income statement and certain other primary statements and the Report of the directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Eurogarden Imports Limited for the year ended 31 May 2024 which comprise the Statement of income and retained earnings, Statement of financial position and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Eurogarden Imports Limited, as a body, in accordance with the terms of our engagement letter dated 13 July 2018. Our work has been undertaken solely to prepare for your approval the financial statements of Eurogarden Imports Limited and state those matters that we have agreed to state to the Board of Directors of Eurogarden Imports Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Eurogarden Imports Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Eurogarden Imports Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Eurogarden Imports Limited. You consider that Eurogarden Imports Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Eurogarden Imports Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Moore Thompson
Bank House
Broad Street
Spalding
Lincolnshire
PE11 1TB


23 September 2024

Eurogarden Imports Limited (Registered number: 02884201)

Statement of Financial Position
31 May 2024

2024 2023
Notes £    £    £    £   
Fixed assets
Tangible assets 5 6,899 10,377

Current assets
Stocks 39,967 33,295
Debtors 6 71,771 103,521
Cash at bank and in hand 201,887 177,147
313,625 313,963
Creditors
Amounts falling due within one year 7 141,921 115,740
Net current assets 171,704 198,223
Total assets less current liabilities 178,603 208,600

Creditors
Amounts falling due after more than one
year

8

(6,573

)

(11,516

)

Provisions for liabilities (1,725 ) (1,972 )
Net assets 170,305 195,112

Capital and reserves
Called up share capital 10 100 100
Retained earnings 170,205 195,012
Shareholders' funds 170,305 195,112

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Eurogarden Imports Limited (Registered number: 02884201)

Statement of Financial Position - continued
31 May 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of income and retained earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 September 2024 and were signed on its behalf by:





G B Goodwin - Director


Eurogarden Imports Limited (Registered number: 02884201)

Notes to the Financial Statements
for the Year Ended 31 May 2024


1. Statutory information

Eurogarden Imports Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3. Accounting policies

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

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
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Buildings on leasehold property - 10% on a straight line basis
Plant and machinery - 20% on a straight line basis
Furniture and equipment - 20% on a straight line basis
Motor vehicles - 20% on a straight line basis

Stocks
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 Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Eurogarden Imports Limited (Registered number: 02884201)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024


3. Accounting policies - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

4. Employees and directors

The average number of employees during the year was 9 (2023 - 9 ) .

5. Tangible fixed assets
Buildings
on Furniture
leasehold Plant and and Motor
property machinery equipment vehicles Totals
£    £    £    £    £   
Cost
At 1 June 2023 52,164 74,118 7,536 8,500 142,318
Additions - 3,917 240 - 4,157
At 31 May 2024 52,164 78,035 7,776 8,500 146,475
Depreciation
At 1 June 2023 52,164 67,515 7,162 5,100 131,941
Charge for year - 5,793 142 1,700 7,635
At 31 May 2024 52,164 73,308 7,304 6,800 139,576
Net book value
At 31 May 2024 - 4,727 472 1,700 6,899
At 31 May 2023 - 6,603 374 3,400 10,377

6. Debtors: amounts falling due within one year
2024 2023
£    £   
Trade debtors 61,796 99,708
Amounts owed by related
company 5,299 -
Prepayments and accrued income 4,676 3,813
71,771 103,521

Eurogarden Imports Limited (Registered number: 02884201)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024


7. Creditors: amounts falling due within one year
2024 2023
£    £   
Bank loans and overdrafts 5,000 5,000
Trade creditors 42,728 31,662
Corporation tax 5,500 5,862
Social security and other taxes 2,940 2,548
VAT 24,882 31,030
Other creditors 342 286
Directors' loan accounts 25,349 4,472
Accruals and deferred income 35,180 34,880
141,921 115,740

8. Creditors: amounts falling due after more than one year
2024 2023
£    £   
Banks loans 6,573 11,516

9. Secured debts

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 11,573 16,516

10. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
52 Ordinary 'A' shares £1 52 52
48 Ordinary 'B' shares £1 48 48
100 100