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REGISTERED NUMBER: 04407634 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024

FOR

EUROPEAN MEZZANINE SYSTEMS LIMITED

EUROPEAN MEZZANINE SYSTEMS LIMITED (REGISTERED NUMBER: 04407634)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30 April 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 8

EUROPEAN MEZZANINE SYSTEMS LIMITED

COMPANY INFORMATION
for the Year Ended 30 April 2024







DIRECTORS: M J Oliver
Mrs K A Oliver
D J Elliott



SECRETARY: M J Oliver



REGISTERED OFFICE: Beechcroft House
50 Sedgley Road West
Tipton
West Midlands
DY4 8AB



REGISTERED NUMBER: 04407634 (England and Wales)



ACCOUNTANTS: Bradley Rhodes Limited
Beechcroft House
50 Sedgley Road West
Tipton
West Midlands
DY4 8AB



BANKERS: Lloyds Bank
Wolverhampton Business Centre
PO Box 3
Queen Square
Wolverhampton
WV1 1TF

EUROPEAN MEZZANINE SYSTEMS LIMITED (REGISTERED NUMBER: 04407634)

ABRIDGED BALANCE SHEET
30 April 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 439,658 433,650

CURRENT ASSETS
Stocks 7,300 6,375
Debtors 809,154 615,603
Cash at bank and in hand 2,714,135 1,893,436
3,530,589 2,515,414
CREDITORS
Amounts falling due within one year 1,294,972 1,036,249
NET CURRENT ASSETS 2,235,617 1,479,165
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,675,275

1,912,815

CREDITORS
Amounts falling due after more than one
year

(84,406

)

(21,311

)

PROVISIONS FOR LIABILITIES 6 (96,212 ) (99,187 )
NET ASSETS 2,494,657 1,792,317

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 2,494,557 1,792,217
SHAREHOLDERS' FUNDS 2,494,657 1,792,317

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

EUROPEAN MEZZANINE SYSTEMS LIMITED (REGISTERED NUMBER: 04407634)

ABRIDGED BALANCE SHEET - continued
30 April 2024


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

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 30 April 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8 November 2024 and were signed on its behalf by:





M J Oliver - Director


EUROPEAN MEZZANINE SYSTEMS LIMITED (REGISTERED NUMBER: 04407634)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

European Mezzanine Systems 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.

2. ACCOUNTING POLICIES

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

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Long leasehold - Straight line over 21 years
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

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 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.


EUROPEAN MEZZANINE SYSTEMS LIMITED (REGISTERED NUMBER: 04407634)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 April 2024

2. ACCOUNTING POLICIES - continued
Deferred tax
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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2023 - 10 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 May 2023 684,804
Additions 203,611
Disposals (181,945 )
At 30 April 2024 706,470
DEPRECIATION
At 1 May 2023 251,154
Charge for year 101,305
Eliminated on disposal (85,647 )
At 30 April 2024 266,812
NET BOOK VALUE
At 30 April 2024 439,658
At 30 April 2023 433,650

EUROPEAN MEZZANINE SYSTEMS LIMITED (REGISTERED NUMBER: 04407634)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 April 2024

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Totals
£   
COST
At 1 May 2023 62,863
Additions 108,144
Disposals (20,873 )
At 30 April 2024 150,134
DEPRECIATION
At 1 May 2023 23,711
Charge for year 29,130
Eliminated on disposal (10,604 )
At 30 April 2024 42,237
NET BOOK VALUE
At 30 April 2024 107,897
At 30 April 2023 39,152

5. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Hire purchase contracts 100,708 33,907

6. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 96,212 99,187

Deferred
tax
£   
Balance at 1 May 2023 99,187
Provided during year (2,975 )
Balance at 30 April 2024 96,212

EUROPEAN MEZZANINE SYSTEMS LIMITED (REGISTERED NUMBER: 04407634)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 April 2024

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

EUROPEAN MEZZANINE SYSTEMS LIMITED

REPORT OF THE ACCOUNTANTS TO THE DIRECTORS OF
EUROPEAN MEZZANINE SYSTEMS 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 Balance Sheet. Readers are cautioned that the Abridged Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 30 April 2024 set out on pages three to nine and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Bradley Rhodes Limited
Beechcroft House
50 Sedgley Road West
Tipton
West Midlands
DY4 8AB


8 November 2024