Registered number
06075827
EURO APPARELS LTD
Filleted Accounts
30 November 2024
EURO APPARELS LTD
Registered number: 06075827
Balance Sheet
as at 30 November 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 - 2,942
Current assets
Stocks - 15,390
Cash at bank and in hand - 80,709
- 96,099
Creditors: amounts falling due within one year 4 (40,029) (120,738)
Net current liabilities (40,029) (24,639)
Net liabilities (40,029) (21,697)
Capital and reserves
Called up share capital 100 100
Profit and loss account (40,129) (21,797)
Shareholder's funds (40,029) (21,697)
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
A. BUX
Director
Approved by the board on 20 March 2025
EURO APPARELS LTD
Notes to the Accounts
for the year ended 30 November 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Fixtures, fittings, tools and equipment 100 % Written off on reduced balance
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 0 0
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 December 2023 49,507
At 30 November 2024 49,507
Depreciation
At 1 December 2023 46,565
Charge for the year 2,942
At 30 November 2024 49,507
Net book value
At 30 November 2024 -
At 30 November 2023 2,942
4 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors - 83,402
Taxation and social security costs - 847
Other creditors 40,029 36,489
40,029 120,738
5 Other information
EURO APPARELS LTD is a private company limited by shares and incorporated in England. Its registered office is:
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