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REGISTERED NUMBER: 05246381 (England and Wales)







Report of the Directors and

Unaudited Financial Statements

for the Year Ended 30 September 2024

for

Euroflo Group Limited

Euroflo Group Limited (Registered number: 05246381)






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




Page

Company Information 1

Report of the Directors 2

Balance Sheet 3

Notes to the Financial Statements 5


Euroflo Group Limited

Company Information
for the Year Ended 30 September 2024







DIRECTORS: B Jenkins
D A Jenkins
A D Jenkins





SECRETARY: B Jenkins





REGISTERED OFFICE: Unit 3B Greystoke Business Centre
High Street
Portishead
Bristol
Somerset
BS20 6PY





REGISTERED NUMBER: 05246381 (England and Wales)





ACCOUNTANTS: Dunkley's
Woodlands Grange
Woodlands Lane
Bradley Stoke
Bristol
United Kingdom
BS32 4JY

Euroflo Group Limited (Registered number: 05246381)

Report of the Directors
for the Year Ended 30 September 2024

The directors present their report with the financial statements of the company for the year ended 30 September 2024.

During the year the company paid a contribution to the Employee Benefit Trust of £189,809. If the contribution had not been made the companies trading profit would have been £315,979.

During the year the company made the following charitable donations:
British Heart Foundation £1440
Enthuse (The Grand Appeal) £1440
Jessie May Trust £1440
Shelter £1440
Brace £1440
Dorothy House £1440
Just Giving £ 251

PRINCIPAL ACTIVITY
The principal activity of the company in the year under review was that of maintenance of building services controls and related systems.

DIRECTORS
The directors shown below have held office during the whole of the period from 1 October 2023 to the date of this report.

B Jenkins
D A Jenkins
A D Jenkins

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





B Jenkins - Director


18 March 2025

Euroflo Group Limited (Registered number: 05246381)

Balance Sheet
30 September 2024

30.9.24 30.9.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 107,158 78,291

CURRENT ASSETS
Stocks 24,563 25,086
Debtors 5 1,654,886 1,508,051
Cash at bank and in hand 404,854 661,836
2,084,303 2,194,973
CREDITORS
Amounts falling due within one year 6 704,374 830,313
NET CURRENT ASSETS 1,379,929 1,364,660
TOTAL ASSETS LESS CURRENT LIABILITIES 1,487,087 1,442,951

CREDITORS
Amounts falling due after more than one year 7 - (2,709 )

PROVISIONS FOR LIABILITIES (17,676 ) (13,333 )
NET ASSETS 1,469,411 1,426,909

CAPITAL AND RESERVES
Called up share capital 8 400 400
Retained earnings 9 1,469,011 1,426,509
SHAREHOLDERS' FUNDS 1,469,411 1,426,909

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.

Euroflo Group Limited (Registered number: 05246381)

Balance Sheet - continued
30 September 2024


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 18 March 2025 and were signed on its behalf by:





A D Jenkins - Director


Euroflo Group Limited (Registered number: 05246381)

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

1. STATUTORY INFORMATION

Euroflo Group 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 each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

Euroflo Group Limited (Registered number: 05246381)

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 22 (2023 - 23 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 October 2023 179,430 63,784 28,071 271,285
Additions 47,132 9,996 1,374 58,502
Disposals (43,837 ) - (7,492 ) (51,329 )
At 30 September 2024 182,725 73,780 21,953 278,458
DEPRECIATION
At 1 October 2023 125,481 44,083 23,430 192,994
Charge for year 18,362 5,134 1,012 24,508
Eliminated on disposal (40,063 ) - (6,139 ) (46,202 )
At 30 September 2024 103,780 49,217 18,303 171,300
NET BOOK VALUE
At 30 September 2024 78,945 24,563 3,650 107,158
At 30 September 2023 53,949 19,701 4,641 78,291

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 October 2023
and 30 September 2024 13,537
DEPRECIATION
At 1 October 2023 10,197
Charge for year 2,380
At 30 September 2024 12,577
NET BOOK VALUE
At 30 September 2024 960
At 30 September 2023 3,340

Euroflo Group Limited (Registered number: 05246381)

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

5. DEBTORS
30.9.24 30.9.23
£    £   
Amounts falling due within one year:
Other debtors 3,567 3,567
Inter Company Debtor 265,434 266,766
Directors' current accounts - 17,549
Prepayments and accrued income 991,477 844,219
Prepayments 43,571 10,115
1,304,049 1,142,216

Amounts falling due after more than one year:
Amounts recoverable 350,837 365,835

Aggregate amounts 1,654,886 1,508,051

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Hire purchase contracts 2,709 3,612
Trade creditors 314,961 260,256
Tax 79,325 66,472
Social security and other taxes 22,795 18,066
VAT 118,455 92,489
Other creditors 19,980 21,769
Directors' current accounts 1 -
Accrued expenses 146,148 367,649
704,374 830,313

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.9.24 30.9.23
£    £   
Hire purchase contracts - 2,709

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.9.24 30.9.23
value: £    £   
100 Ordinary B £1.00 100 100
300 Ordinary £1.00 300 300
400 400

Euroflo Group Limited (Registered number: 05246381)

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

9. RESERVES
Retained
earnings
£   

At 1 October 2023 1,426,509
Profit for the year 42,502
At 30 September 2024 1,469,011

10. RELATED PARTY DISCLOSURES

The Directors of Euroflo Group Ltd are also Directors and ultimate controlling party of AHC Management Services Ltd. During the year the company received invoices from AHC Management Services Ltd of £658,000 for management charges (2023 - £708,000).The balance owed to AHC Management Ltd and contained within trade creditors at 30 September 2024 was £58,800 (2023 - 60,800).

During the year AHC Management Services Ltd borrowed repaid £11,605 (2023 - borrowed £12,373) of the inter-company loan to Euroflo Group Ltd. The balance owed to Euroflo Group Ltd at 30 September 2024 was £221,925 (2023 - £233,530).

B Jenkins and A Jenkins, both Directors of Euroflo Group Ltd are also the Directors and ultimate controlling party of Euroflo BV a company operated in the Netherlands. During the year Euroflo Group Ltd loaned £10,273 (2023 - £11,680) to Euroflo BV. The balance owed to Euroflo Group at 30th September 2024 was £43,509 (2023 - £33,236).

11. ULTIMATE CONTROLLING PARTY

The directors Mr B Jenkins and Mr A Jenkins are jointly the ultimate controlling party by virtue of them owning 82% of the issued share capital.