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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
Page
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European Building Materials Property Ltd Company Information for the year ended 30 June 2024
Director
N Y White
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
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European Building Materials Property Ltd Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investment property
407,442 
407,442 
Current assets
Debtors
2,760 
5,520 
Cash at bank and in hand
93,815 
69,388 
96,575 
74,908 
Creditors: amounts falling due within one year
(399,334)
(399,131)
Net current liabilities
(302,759)
(324,223)
Net assets
104,683 
83,219 
Capital and reserves
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
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European Building Materials Property Ltd Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
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
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.
Financial instruments
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.
4
Investment property
2024 
£ 
Fair value at 1 July 2023
407,442 
At 30 June 2024
407,442 
The 2024 valuations were made by the director on an open market value for existing use basis.
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
2,760 
5,520 
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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 
£ 
£ 
VAT
879 
909 
Taxes and social security
6,050 
5,300 
Other creditors
392,405 
392,922 
399,334 
399,131 
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).
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