Company Registration No. 11392520 (England and Wales)
European Building Materials Property Ltd
Unaudited accounts
for the year ended 30 June 2024
European Building Materials Property Ltd
Unaudited accounts
Contents
European Building Materials Property Ltd
Company Information
for the year ended 30 June 2024
Company Number
11392520 (England and Wales)
Registered Office
10a Bourne Court
Southend Road
Woodford Green
Essex
IG8 8HD
United Kingdom
Accountants
Plum Accounting Limited
Ongar Business Centre
Fyfield Road
Ongar
Essex
CM5 0GA
European Building Materials Property Ltd
Statement of financial position
as at 30 June 2024
Investment property
407,442
407,442
Cash at bank and in hand
93,815
69,388
Creditors: amounts falling due within one year
(399,334)
(399,131)
Net current liabilities
(302,759)
(324,223)
Called up share capital
1,000
1,000
Profit and loss account
103,683
82,219
Shareholders' funds
104,683
83,219
For the year ending 30 June 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 12 March 2025 and were signed on its behalf by
N Y White
Director
Company Registration No. 11392520
European Building Materials Property Ltd
Notes to the Accounts
for the year ended 30 June 2024
European Building Materials Property Ltd is a private company, limited by shares, registered in England and Wales, registration number 11392520. The registered office is 10a Bourne Court, Southend Road, Woodford Green, Essex, IG8 8HD, United Kingdom.
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.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. 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.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Fair value at 1 July 2023
407,442
The 2024 valuations were made by the director on an open market value for existing use basis.
Amounts falling due within one year
European Building Materials Property Ltd
Notes to the Accounts
for the year ended 30 June 2024
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
6,050
5,300
Other creditors
392,405
392,922
7
Transactions with related parties
Entities under common control
Sales to entities under common control totalled £27,600 (2023: £27,600).
At the year end, amounts due to entities under common control totalled £392,405 (2023: £392,922).
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).