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Company Registration No. 09153079 (England and Wales)
Europafoodxb Limited Unaudited accounts for the year ended 31 March 2024
Europafoodxb Limited Unaudited accounts Contents
Page
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Europafoodxb Limited Company Information for the year ended 31 March 2024
Directors
Benjamin LECLERC Kateryna LECLERC
Company Number
09153079 (England and Wales)
Registered Office
35 Craven Road London London W2 3BX England
Accountants
NOORY AND CO ACCOUNTANTS 22 Conduit Place London London W2 1HS
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Europafoodxb Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
192,335 
185,160 
Current assets
Inventories
71,324 
59,074 
Debtors
178,707 
65,092 
Cash at bank and in hand
127,359 
153,705 
377,390 
277,871 
Creditors: amounts falling due within one year
(69,588)
(19,886)
Net current assets
307,802 
257,985 
Total assets less current liabilities
500,137 
443,145 
Creditors: amounts falling due after more than one year
(43,333)
(83,333)
Net assets
456,804 
359,812 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
456,802 
359,810 
Shareholders' funds
456,804 
359,812 
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 20 October 2024 and were signed on its behalf by
Benjamin LECLERC Director Company Registration No. 09153079
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Europafoodxb Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Europafoodxb Limited is a private company, limited by shares, registered in England and Wales, registration number 09153079. The registered office is 35 Craven Road, , London, London, W2 3BX, England.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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
15% Reducing Line
Motor vehicles
15% Reducing Line
Fixtures & fittings
15% Reducing Line
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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Europafoodxb Limited Notes to the Accounts for the year ended 31 March 2024
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 April 2023
81,780 
48,132 
94,796 
34,010 
258,718 
Additions
4,210 
515 
21,578 
14,813 
41,116 
At 31 March 2024
85,990 
48,647 
116,374 
48,823 
299,834 
Depreciation
At 1 April 2023
21,895 
13,366 
25,797 
12,500 
73,558 
Charge for the year
9,614 
5,292 
13,577 
5,458 
33,941 
At 31 March 2024
31,509 
18,658 
39,374 
17,958 
107,499 
Net book value
At 31 March 2024
54,481 
29,989 
77,000 
30,865 
192,335 
At 31 March 2023
59,885 
34,766 
68,999 
21,510 
185,160 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
885 
7,345 
Trade debtors
158,112 
38,201 
Accrued income and prepayments
19,710 
19,546 
178,707 
65,092 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
20,000 
- 
Trade creditors
17,958 
3,000 
Taxes and social security
31,630 
16,886 
69,588 
19,886 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
43,333 
83,333 
8
Average number of employees
During the year the average number of employees was 8 (2023: 8).
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