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Company Registration No. 05253664 (England and Wales)
The European Envelope Company Limited Unaudited accounts for the year ended 30 September 2024
The European Envelope Company Limited Unaudited accounts Contents
Page
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The European Envelope Company Limited Company Information for the year ended 30 September 2024
Director
Mr A Welsh
Company Number
05253664 (England and Wales)
Registered Office
40 Beaucroft Lane Wimborne Dorset BH21 2PA England
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The European Envelope Company Limited Statement of financial position as at 30 September 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
352 
279 
Current assets
Debtors
346,878 
266,923 
Cash at bank and in hand
87,231 
101,968 
434,109 
368,891 
Creditors: amounts falling due within one year
(359,162)
(279,157)
Net current assets
74,947 
89,734 
Total assets less current liabilities
75,299 
90,013 
Creditors: amounts falling due after more than one year
(28,245)
(33,795)
Net assets
47,054 
56,218 
Capital and reserves
Called up share capital
1,000 
1,000 
Profit and loss account
46,054 
55,218 
Shareholders' funds
47,054 
56,218 
For the year ending 30 September 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 19 May 2025 and were signed on its behalf by
Mr A Welsh Director Company Registration No. 05253664
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The European Envelope Company Limited Notes to the Accounts for the year ended 30 September 2024
1
Statutory information
The European Envelope Company Limited is a private company, limited by shares, registered in England and Wales, registration number 05253664. The registered office is 40 Beaucroft Lane, Wimborne, Dorset, BH21 2PA, England.
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.
Tangible fixed assets and depreciation
Depreciation is calculated so as to write off the costs of tangible fixed assets, on a straight line basis, over the expected useful economic lives of the assets concerned. The principal rates used for this purpose are: Office equipment 20%.
Stock
Stocks have been valued at the lower of cost and estimated selling price less costs to complete and sell. Provision is made for slow moving or obsolete items where appropriate.
Taxation
UK Corporation tax payable is provided at amounts expected to be paid (or recovered) using the tax rates and laws that have been enacted or substantially enacted by the balance sheet date.
Pension costs
The Company makes contributions to money purchase pension schemes. The assets of the schemes are held separately from those of the Company in independently administered schemes. The amounts charged to the profit and loss account represents the contributions paid in respect of the accounting period.
Government grants
Government grants are recognised when there is a reasonable assurance that the Company has complied with the conditions attaching to the grant, and the grant will be received. Grant income is shown in the profit and loss account as other operating income.
Turnover
Turnover from the sale of goods is recognised when goods have been delivered to customers such that the risks and rewards of ownership have transferred to them.
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The European Envelope Company Limited Notes to the Accounts for the year ended 30 September 2024
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 October 2023
3,852 
Additions
409 
Disposals
(3,852)
At 30 September 2024
409 
Depreciation
At 1 October 2023
3,573 
Charge for the year
336 
On disposals
(3,852)
At 30 September 2024
57 
Net book value
At 30 September 2024
352 
At 30 September 2023
279 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
342,091 
261,444 
Accrued income and prepayments
4,432 
5,479 
Other debtors
355 
- 
346,878 
266,923 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
5,556 
5,556 
VAT
11,207 
8,202 
Trade creditors
293,258 
223,951 
Taxes and social security
37,481 
27,945 
Other creditors
443 
2,714 
Accruals
11,217 
10,789 
359,162 
279,157 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
28,245 
33,795 
Aggregate of amounts that fall due for payment after five years
6,023 
11,573 
Bank Loans represent a Bounce Back Loan with a total liability of £33,801 (2022: £39,351). The sum of £5,556 (2022: £5,556) is shown as a current liability.
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The European Envelope Company Limited Notes to the Accounts for the year ended 30 September 2024
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
600 A Ordinary shares of £1 each
600 
600 
400 B Ordinary shares of £1 each
400 
400 
1,000 
1,000 
9
Post balance sheet events
On 13th December 2024, the Company sold its business to Mail Solutions UK Ltd, a manufacture of bespoke envelopes. The Company retained it's tangible assets and liabilities and these will be liquidated over the following months, so that the in time the Company will cease to trade. The company remains solvent and all creditors will be paid.
10
Average number of employees
During the year the average number of employees was 4 (2023: 3).
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