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REGISTERED NUMBER: 02137870 (England and Wales)















Eurowonder Limited

Unaudited Financial Statements for the Year Ended 30 September 2024






Eurowonder Limited (Registered number: 02137870)






Contents of the Financial Statements
for the Year Ended 30 September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Eurowonder Limited

Company Information
for the Year Ended 30 September 2024







Directors: Mr J Critchley
Mrs S L Critchley





Registered office: 7 Neptune Court
Vanguard Way
Cardiff
CF24 5PJ





Registered number: 02137870 (England and Wales)





Accountants: Haines Watts Wales LLP
7 Neptune Court
Vanguard Way
Cardiff
CF24 5PJ

Eurowonder Limited (Registered number: 02137870)

Balance Sheet
30 September 2024

2024 2023
Notes £    £   
Fixed assets
Tangible assets 4 171 22,576
Investments 5 527,541 508,861
Investment property 6 600,000 600,000
1,127,712 1,131,437

Current assets
Stocks 24,800 23,662
Debtors 7 797 19
Investments 8 3,178,485 3,131,985
Cash at bank 139,623 112,271
3,343,705 3,267,937
Creditors
Amounts falling due within one year 9 (190,954 ) (59,669 )
Net current assets 3,152,751 3,208,268
Total assets less current liabilities 4,280,463 4,339,705

Capital and reserves
Called up share capital 10 1,000 1,000
Retained earnings 11 4,279,463 4,338,705
Shareholders' funds 4,280,463 4,339,705

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 March 2025 and were signed on its behalf by:





Mr J Critchley - Director


Eurowonder Limited (Registered number: 02137870)

Notes to the Financial Statements
for the Year Ended 30 September 2024

1. Statutory information

Eurowonder Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. Accounting policies

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Plant and machinery- 20% on cost
Fixtures and fittings- 20% on cost
Motor vehicles- 25% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Fixed asset investments
Fixed asset investments are stated at fair value as estimated by the directors.

Eurowonder Limited (Registered number: 02137870)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

2. Accounting policies - continued

Current asset investments
Current asset investments are stated at fair value as estimated by the directors.

3. Employees and directors

The average number of employees during the year was 3 (2023 - 3 ) .

4. Tangible fixed assets
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
Cost
At 1 October 2023 36,824 13,774 71,336 121,934
Disposals - - (29,250 ) (29,250 )
At 30 September 2024 36,824 13,774 42,086 92,684
Depreciation
At 1 October 2023 36,824 13,135 49,399 99,358
Charge for year - 468 - 468
Eliminated on disposal - - (7,313 ) (7,313 )
At 30 September 2024 36,824 13,603 42,086 92,513
Net book value
At 30 September 2024 - 171 - 171
At 30 September 2023 - 639 21,937 22,576

5. Fixed asset investments
Other
investments
£   
Cost
At 1 October 2023 508,861
Additions 18,680
At 30 September 2024 527,541
Net book value
At 30 September 2024 527,541
At 30 September 2023 508,861

Investments are recognised at fair value calculated from historical cost and the directors best estimates of current market conditions. Full external valuation has not been carried out due to the undue cost and effort involved.

6. Investment property
Total
£   
Fair value
At 1 October 2023
and 30 September 2024 600,000
Net book value
At 30 September 2024 600,000
At 30 September 2023 600,000

Eurowonder Limited (Registered number: 02137870)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

6. Investment property - continued

If investment property had not been revalued in 2021, it would have been included at a historical cost of £325,000.

7. Debtors: amounts falling due within one year
2024 2023
£    £   
Trade debtors 797 19

8. Current asset investments
2024 2023
£    £   
Fixed term deposits 3,178,485 3,131,985

9. Creditors: amounts falling due within one year
2024 2023
£    £   
Trade creditors 6,012 9,930
Tax 31,106 26,835
Social security and other taxes 1,488 1,418
VAT 6,534 5,412
Directors' current accounts 137,153 5,171
Accrued expenses 8,661 10,903
190,954 59,669

10. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1,000 Ordinary 1 1,000 1,000

11. Reserves
Retained
earnings
£   

At 1 October 2023 4,338,705
Profit for the year 84,846
Dividends (144,088 )
At 30 September 2024 4,279,463

12. Directors' advances, credits and guarantees

The following advances and credits to a director subsisted during the years ended 30 September 2024 and 30 September 2023:

2024 2023
£    £   
Mr J Critchley
Balance outstanding at start of year (5,171 ) 4,700
Amounts advanced 12,106 113,980
Amounts repaid (144,088 ) (123,851 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (137,153 ) (5,171 )

There is no set repayment and no interest is charged on the outstanding balance.

Eurowonder Limited (Registered number: 02137870)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

13. Related party disclosures

During the year, the company purchased goods and services, in the ordinary course of business, from a related party, Critchcraft Limited, a company which is controlled by Mr J Critchley. The value of sales made to Critchcraft Limited amounted to £165,037 (2023 £172,918). The value of the purchases amounted to £7,569 (2023 £8,193) Sales and purchases are made on normal credit terms. The current balance owed from Critchcraft Limited is £797 whilst the current balance owed to Critchcraft Limited is £4,848.

14. Ultimate controlling party

The controlling party is Mr J Critchley.

Mr J Critchley owns 99.9% of the issued share capital.