Company Registration No. 03144930 (England and Wales)
Euro Merchandise Limited
Filleted Accounts
for the year ended 31 December 2024
Euro Merchandise Limited
Filleted Accounts
Contents
Euro Merchandise Limited
Company Information
for the year ended 31 December 2024
Company Number
03144930 (England and Wales)
Registered Office
116 Totteridge Lane
London
N20 8JH
Accountants
Lacome & Co
Chartered Accountants
Sapphire House
73 St.Margarets Avenue
London
N20 9LD
Euro Merchandise Limited
Statement of financial position
as at 31 December 2024
Cash at bank and in hand
35,262
9,817
Creditors: amounts falling due within one year
(23,877)
(27,437)
Net current assets
16,748
8,819
Called up share capital
100
100
Profit and loss account
16,703
8,792
Shareholders' funds
16,803
8,892
For the year ending 31 December 2024 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 24 January 2025 and were signed on its behalf by
G. Andriot
Director
Company Registration No. 03144930
Euro Merchandise Limited
Notes to the Accounts
for the year ended 31 December 2024
Euro Merchandise Limited is a private company, limited by shares, registered in England and Wales, registration number 03144930. The registered office is 116 Totteridge Lane, London, N20 8JH.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Turnover represents net invoiced fees receivable, excluding Value Added Tax.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
Reducing balance method at 25% per annum
Fixtures & fittings
Reducing balance method at 25% per annum
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Tangible fixed assets
Fixtures & fittings
Euro Merchandise Limited
Notes to the Accounts
for the year ended 31 December 2024
Amounts falling due within one year
Accrued income and prepayments
1,616
1,540
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
8,586
21,604
Taxes and social security
4,107
4,919
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
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Average number of employees
During the year the average number of employees was 5 (2023: 3).