IRIS Accounts Production v24.2.0.383 07592277 Board of Directors 1.5.23 30.4.24 30.4.24 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh075922772023-04-30075922772024-04-30075922772023-05-012024-04-30075922772022-04-30075922772022-05-012023-04-30075922772023-04-3007592277ns15:EnglandWales2023-05-012024-04-3007592277ns14:PoundSterling2023-05-012024-04-3007592277ns10:Director12023-05-012024-04-3007592277ns10:PrivateLimitedCompanyLtd2023-05-012024-04-3007592277ns10:SmallEntities2023-05-012024-04-3007592277ns10:AuditExempt-NoAccountantsReport2023-05-012024-04-3007592277ns10:SmallCompaniesRegimeForDirectorsReport2023-05-012024-04-3007592277ns10:SmallCompaniesRegimeForAccounts2023-05-012024-04-3007592277ns10:FullAccounts2023-05-012024-04-3007592277ns5:CurrentFinancialInstruments2024-04-3007592277ns5:CurrentFinancialInstruments2023-04-3007592277ns5:ShareCapital2024-04-3007592277ns5:ShareCapital2023-04-3007592277ns5:RetainedEarningsAccumulatedLosses2024-04-3007592277ns5:RetainedEarningsAccumulatedLosses2023-04-3007592277ns10:RegisteredOffice2023-05-012024-04-30
REGISTERED NUMBER: 07592277 (England and Wales)


















Unaudited Financial Statements for the Year Ended 30 April 2024

for

Euromelts Limited

Euromelts Limited (Registered number: 07592277)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Balance Sheet 1

Notes to the Financial Statements 2


Euromelts Limited (Registered number: 07592277)

Balance Sheet
30 April 2024

2024 2023
Notes £    £   
FIXED ASSETS
Investment property 4 744,402 -

CURRENT ASSETS
Cash at bank and in hand 63,209 813,144

CREDITORS
Amounts falling due within one year 5 (800,217 ) (813,764 )
NET CURRENT LIABILITIES (737,008 ) (620 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

7,394

(620

)

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 7,294 (720 )
SHAREHOLDERS' FUNDS 7,394 (620 )

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.

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 28 November 2024 and were signed on its behalf by:




Y Meshulam - Director


Euromelts Limited (Registered number: 07592277)

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

1. STATUTORY INFORMATION

Euromelts Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 07592277

Registered office: Treviot House
186-192 High Road
Ilford
Essex
IG1 1LR

Euromelts Limited is a private company, limited by shares, registered in England and Wales. The company's registered number is 07592277 and registered office address is Treviot House, 186-192 High Road, Ilford, Essex, IG1 1LR.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

Turnover
Turnover represents the total invoice value, excluding value added tax, of sales made during the year.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

Euromelts Limited (Registered number: 07592277)

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
Additions 744,402
At 30 April 2024 744,402
NET BOOK VALUE
At 30 April 2024 744,402

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed to group undertakings 797,121 -
Directors' loan accounts - 813,044
Accruals and deferred income 3,096 720
800,217 813,764