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
The European Envelope Company Limited
Company Information
for the year ended 30 September 2024
Company Number
05253664 (England and Wales)
Registered Office
40 Beaucroft Lane
Wimborne
Dorset
BH21 2PA
England
The European Envelope Company Limited
Statement of financial position
as at 30 September 2024
Cash at bank and in hand
87,231
101,968
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)
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
The European Envelope Company Limited
Notes to the Accounts
for the year ended 30 September 2024
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.
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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.
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%.
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.
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.
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 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 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.
The European Envelope Company Limited
Notes to the Accounts
for the year ended 30 September 2024
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Tangible fixed assets
Computer equipment
Amounts falling due within one year
Trade debtors
342,091
261,444
Accrued income and prepayments
4,432
5,479
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Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
5,556
5,556
Trade creditors
293,258
223,951
Taxes and social security
37,481
27,945
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Creditors: amounts falling due after more than one year
2024
2023
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.
The European Envelope Company Limited
Notes to the Accounts
for the year ended 30 September 2024
Allotted, called up and fully paid:
600 A Ordinary shares of £1 each
600
600
400 B Ordinary shares of £1 each
400
400
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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.
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Average number of employees
During the year the average number of employees was 4 (2023: 3).