EURO TRADER LIMITED

Company Registration Number:
09242798 (England and Wales)

Unaudited abridged accounts for the year ended 30 September 2023

Period of accounts

Start date: 01 October 2022

End date: 30 September 2023

EURO TRADER LIMITED

Contents of the Financial Statements

for the Period Ended 30 September 2023

Balance sheet
Notes

EURO TRADER LIMITED

Balance sheet

As at 30 September 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 0 296
Total fixed assets: 0 296
Current assets
Stocks: 130,805
Debtors:   32,824 69,403
Cash at bank and in hand: 6,243 14,818
Total current assets: 169,872 84,221
Creditors: amounts falling due within one year: 4 (94,511) (16,795)
Net current assets (liabilities): 75,361 67,426
Total assets less current liabilities: 75,361 67,722
Creditors: amounts falling due after more than one year: 5 (24,500) (72,400)
Provision for liabilities:   (34,685)
Total net assets (liabilities): 50,861 (39,363)
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 50,860 (39,364)
Shareholders funds: 50,861 (39,363)

The notes form part of these financial statements

EURO TRADER LIMITED

Balance sheet statements

For the year ending 30 September 2023 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 05 February 2025
and signed on behalf of the board by:

Name: George Eoin Brett
Status: Director

The notes form part of these financial statements

EURO TRADER LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover represents the fair value of consideration received or receivable for goods and services provided in the normal course of business, net of discounts and VAT. Turnover includes revenue earned from the sale of goods and from rendering of services.

Tangible fixed assets and depreciation policy

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following basis. Plant and Machinery 20% Straight Line Method Computer Equipment 20% Straight Line Method

EURO TRADER LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2023

2. Employees

2023 2022
Average number of employees during the period 1 1

EURO TRADER LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2023

3. Tangible Assets

Total
Cost £
At 01 October 2022 1,599
At 30 September 2023 1,599
Depreciation
At 01 October 2022 1,303
Charge for year 296
At 30 September 2023 1,599
Net book value
At 30 September 2023 0
At 30 September 2022 296

EURO TRADER LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2023

4. Creditors: amounts falling due within one year note

Accounts payable £11,500 Accruals £6,870 Other taxes payable £76,141 Total £94,511

EURO TRADER LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2023

5. Creditors: amounts falling due after more than one year note

Loan - £24,500 The loan of £24,500 was provided by an individual not related to the company. The loan bears an interest rate of 48% per annum paid over monthly instalments. As of the balance sheet date, there are no formal repayment terms agreed upon between the lender and the company. The loan remains outstanding and is classified under creditors: amounts falling due after more than one year, unless repayment is mutually agreed earlier.

EURO TRADER LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2023

6. Loans to directors

Name of director receiving advance or credit: Nicky Gary Baxter
Description of the loan: The loan is unsecured, interest free and repayable on demand.
£
Balance at 01 October 2022 69,403
Advances or credits repaid: 54,274
Balance at 30 September 2023 15,129

EURO TRADER LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2023

7. Related party transactions

Name of the related party: Nicky Gary Baxter
Relationship:
Director
Description of the Transaction: During the year, the company made a loan to Nicky Gary Baxter, a director of the company. As of 30 September 2023, the outstanding balance due from the director was £15,129. The loan bears no interest and is repayable on demand.
£
Balance at 01 October 2022 69,403
Balance at 30 September 2023 15,129