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REGISTERED NUMBER: 02367172 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Eurofab Sheffield Limited

Eurofab Sheffield Limited (Registered number: 02367172)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Eurofab Sheffield Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: P Patchett
D Smith





REGISTERED OFFICE: Unit 6, Kingfield Works
Woodbourn Road
Sheffield
S9 3LQ





REGISTERED NUMBER: 02367172 (England and Wales)





ACCOUNTANTS: Rains and Co Ltd
P O Box 5047
Sheffield
South Yorkshire
S6 9GJ

Eurofab Sheffield Limited (Registered number: 02367172)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,672 4,858

CURRENT ASSETS
Stocks 1,000 1,000
Debtors 5 136,978 155,513
Cash at bank and in hand 39,626 86
177,604 156,599
CREDITORS
Amounts falling due within one year 6 147,723 134,183
NET CURRENT ASSETS 29,881 22,416
TOTAL ASSETS LESS CURRENT
LIABILITIES

33,553

27,274

CREDITORS
Amounts falling due after more than
one year

7

17,948

26,989
NET ASSETS 15,605 285

CAPITAL AND RESERVES
Called up share capital 8 2 2
Retained earnings 9 15,603 283
SHAREHOLDERS' FUNDS 15,605 285

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

Eurofab Sheffield Limited (Registered number: 02367172)

Balance Sheet - continued
31 March 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 November 2024 and were signed on its behalf by:





P Patchett - Director


Eurofab Sheffield Limited (Registered number: 02367172)

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

1. STATUTORY INFORMATION

Eurofab Sheffield 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.

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.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 7 (2023 - 7 ) .

Eurofab Sheffield Limited (Registered number: 02367172)

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

4. TANGIBLE FIXED ASSETS
Computer
and
Fixtures Photographic
Plant and and Motor Equ
machinery fittings vehicles ipment Totals
£    £    £    £    £   
COST
At 1 April 2023
and 31 March 2024 26,911 4,996 14,440 9,006 55,353
DEPRECIATION
At 1 April 2023 26,719 4,899 9,871 9,006 50,495
Charge for year 29 15 1,142 - 1,186
At 31 March 2024 26,748 4,914 11,013 9,006 51,681
NET BOOK VALUE
At 31 March 2024 163 82 3,427 - 3,672
At 31 March 2023 192 97 4,569 - 4,858

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 90,631 112,112
Rent Bond 4,534 4,534
Directors' current accounts 38,491 38,867
Prepayments 3,322 -
136,978 155,513

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Other loans - 696
Trade creditors 62,687 47,415
Tax 28,436 28,522
Social security and other taxes 4,637 3,489
Wages Control Account 3,052 -
VAT 48,821 53,833
Accrued expenses 90 228
147,723 134,183

Eurofab Sheffield Limited (Registered number: 02367172)

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

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans - 1-2 years - 1,073
Bank loans - 2-5 years 17,948 25,916
17,948 26,989

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.24 31.3.23
value: £    £   
2 Ordinary Shares of £1 each £1 2 2

9. RESERVES
Retained
earnings
£   

At 1 April 2023 283
Profit for the year 82,120
Dividends (66,800 )
At 31 March 2024 15,603