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REGISTERED NUMBER: 09608843 (England and Wales)









UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

30 JUNE 2024

FOR

EUROPEAN FURNITURE COMPONENTS LIMITED

EUROPEAN FURNITURE COMPONENTS LIMITED (REGISTERED NUMBER: 09608843)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


EUROPEAN FURNITURE COMPONENTS LIMITED

COMPANY INFORMATION
for the year ended 30 June 2024







DIRECTOR: W Dengel





SECRETARY: E K Ferguson





REGISTERED OFFICE: Swatton Barn
Badbury
Swindon
Wiltshire
SN4 0EU





REGISTERED NUMBER: 09608843 (England and Wales)





ACCOUNTANTS: the dt group
Chartered Accountants
Swatton Barn
Badbury
Swindon
Wiltshire
SN4 0EU

EUROPEAN FURNITURE COMPONENTS LIMITED (REGISTERED NUMBER: 09608843)

BALANCE SHEET
30 June 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 643 978
Investments 5 294,119 294,119
294,762 295,097

CURRENT ASSETS
Debtors 6 3,646 4,530
Cash at bank 23,575 11,125
27,221 15,655
CREDITORS
Amounts falling due within one year 7 18,323 18,697
NET CURRENT ASSETS/(LIABILITIES) 8,898 (3,042 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

303,660

292,055

CREDITORS
Amounts falling due after more than one
year

8

22,329

22,329
NET ASSETS 281,331 269,726

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 281,231 269,626
SHAREHOLDERS' FUNDS 281,331 269,726

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 FURNITURE COMPONENTS LIMITED (REGISTERED NUMBER: 09608843)

BALANCE SHEET - continued
30 June 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 director and authorised for issue on 26 November 2024 and were signed by:





W Dengel - Director


EUROPEAN FURNITURE COMPONENTS LIMITED (REGISTERED NUMBER: 09608843)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 30 June 2024

1. STATUTORY INFORMATION

European Furniture Components 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. 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.
Plant and machinery etc - 25% straight line basis

INVESTMENTS IN SUBSIDIARIES
Investments in subsidiary undertakings are recognised at cost.

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

EUROPEAN FURNITURE COMPONENTS LIMITED (REGISTERED NUMBER: 09608843)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 June 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 July 2023
and 30 June 2024 1,341
DEPRECIATION
At 1 July 2023 363
Charge for year 335
At 30 June 2024 698
NET BOOK VALUE
At 30 June 2024 643
At 30 June 2023 978

5. FIXED ASSET INVESTMENTS
Shares in
group
undertaking
£   
COST
At 1 July 2023
and 30 June 2024 294,119
NET BOOK VALUE
At 30 June 2024 294,119
At 30 June 2023 294,119

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 3,646 4,530

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 5,460 5,512
Other creditors 12,863 13,185
18,323 18,697

EUROPEAN FURNITURE COMPONENTS LIMITED (REGISTERED NUMBER: 09608843)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 June 2024

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Other creditors 22,329 22,329

9. RELATED PARTY DISCLOSURES

Unless otherwise disclosed, all related party transactions have been conducted under normal market
conditions, including dividend payments to it's shareholders.