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REGISTERED NUMBER: 04421210 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2024

for

Europa Way Trailer Services Limited

Europa Way Trailer Services Limited (Registered number: 04421210)






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


Europa Way Trailer Services Limited

Company Information
for the Year Ended 30 June 2024







DIRECTOR: Mrs J Lockington





SECRETARY: Mrs J Lockington





REGISTERED OFFICE: Europa Way
Stallingborough
Grimsby
North East Lincs
DN41 8DS





REGISTERED NUMBER: 04421210 (England and Wales)

Europa Way Trailer Services Limited (Registered number: 04421210)

Balance Sheet
30 June 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 300,000 34,664

CURRENT ASSETS
Debtors 5 33,817 38,404
Investments 6 150,000 150,000
Cash at bank 283,845 269,165
467,662 457,569
CREDITORS
Amounts falling due within one year 7 58,766 61,754
NET CURRENT ASSETS 408,896 395,815
TOTAL ASSETS LESS CURRENT
LIABILITIES

708,896

430,479

PROVISIONS FOR LIABILITIES 66,501 -
NET ASSETS 642,395 430,479

CAPITAL AND RESERVES
Called up share capital 1 1
Revaluation reserve 8 266,203 -
Retained earnings 376,191 430,478
SHAREHOLDERS' FUNDS 642,395 430,479

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 her 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.

Europa Way Trailer Services Limited (Registered number: 04421210)

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 20 December 2024 and were signed by:





Mrs J Lockington - Director


Europa Way Trailer Services Limited (Registered number: 04421210)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

Europa Way Trailer Services 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 as modified by the revaluation of certain assets.

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.
Land and buildings - 2% on cost
Plant and machinery etc - 25% on 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.

3. EMPLOYEES AND DIRECTORS

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

Europa Way Trailer Services Limited (Registered number: 04421210)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST OR VALUATION
At 1 July 2023 43,332 13,500 56,832
Revaluations 256,668 - 256,668
At 30 June 2024 300,000 13,500 313,500
DEPRECIATION
At 1 July 2023 8,668 13,500 22,168
Charge for year 866 - 866
Revaluation adjustments (9,534 ) - (9,534 )
At 30 June 2024 - 13,500 13,500
NET BOOK VALUE
At 30 June 2024 300,000 - 300,000
At 30 June 2023 34,664 - 34,664

Cost or valuation at 30 June 2024 is represented by:

Plant and
Land and machinery
buildings etc Totals
£    £    £   
Valuation in 2024 256,668 - 256,668
Cost 43,332 13,500 56,832
300,000 13,500 313,500

The leasehold property was revalued on an open market basis on 24 April 2024 by PPH Commercial.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade debtors 12,473 17,363
Other debtors 21,344 21,041
33,817 38,404

6. CURRENT ASSET INVESTMENTS
30.6.24 30.6.23
£    £   
Other 150,000 150,000

Europa Way Trailer Services Limited (Registered number: 04421210)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade creditors 21,516 22,356
Taxation and social security 14,993 17,931
Other creditors 22,257 21,467
58,766 61,754

8. RESERVES
Revaluation
reserve
£   
Revaluation movement 266,203

At 30 June 2024 266,203

9. RELATED PARTY DISCLOSURES

The director is also a director and shareholder of GLC Repairs Limited. At the 30 June 2024 the company owed GLC Repairs Limited the sum of £10,000 (2023 - £10,000).