E.U. FACTORS LTD

Company Registration Number:
05884009 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2024

Period of accounts

Start date: 01 January 2024

End date: 31 December 2024

E.U. FACTORS LTD

Contents of the Financial Statements

for the Period Ended 31 December 2024

Balance sheet
Notes

E.U. FACTORS LTD

Balance sheet

As at 31 December 2024


Notes

2024

2023


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets: 3 450,000 200,000
Tangible assets: 4 922,750 571,500
Investments: 5 1,435,400 316,800
Total fixed assets: 2,808,150 1,088,300
Current assets
Stocks: 1,142,370 729,408
Debtors:   0 0
Cash at bank and in hand: 632,591 815,040
Investments:   915,500 825,000
Total current assets: 2,690,461 2,369,448
Creditors: amounts falling due within one year:   0 0
Net current assets (liabilities): 2,690,461 2,369,448
Total assets less current liabilities: 5,498,611 3,457,748
Creditors: amounts falling due after more than one year:   (225,000) (225,800)
Provision for liabilities: (75,000) (65,000)
Total net assets (liabilities): 5,198,611 3,166,948
Capital and reserves
Called up share capital: 1,000 1,000
Profit and loss account: 5,197,611 3,165,948
Shareholders funds: 5,198,611 3,166,948

The notes form part of these financial statements

E.U. FACTORS LTD

Balance sheet statements

For the year ending 31 December 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 14 January 2025
and signed on behalf of the board by:

Name: Jason Turner
Status: Director

The notes form part of these financial statements

E.U. FACTORS LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

E.U. FACTORS LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

2. Employees

2024 2023
Average number of employees during the period 33 12

E.U. FACTORS LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Intangible Assets

Total
Cost £
At 01 January 2024 200,000
Additions 250,000
At 31 December 2024 450,000
Net book value
At 31 December 2024 450,000
At 31 December 2023 200,000

E.U. FACTORS LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Tangible Assets

Total
Cost £
At 01 January 2024 571,500
Additions 564,500
Disposals (213,250)
At 31 December 2024 922,750
Net book value
At 31 December 2024 922,750
At 31 December 2023 571,500

E.U. FACTORS LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

5. Fixed investments

EU Factors are now have made provision and investment into equipment and tools for the servicing, repair, installation and sales of EV and Solar. The expansion also increased our installation and service team, our facilities and vehicles