Registered number
11850464
Europe Consultancy Limited
Report and Financial Statements
28 February 2025
Europe Consultancy Limited
Registered number: 11850464
Director's Report
The director presents his report and financial statements for the year ended 28 February 2025.
Principal activities
The company's principal activity during the period was that of an import and export of general goods.
Directors
The following persons served as director during the period:
Mr J A White
Small company provisions
This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
This report was approved by the board on 17 July 2025 and signed on its behalf.
Mr J A White
Director
Europe Consultancy Limited
Profit and Loss Account
for the year ended 28 February 2025
2025 2024
£ £
Turnover 2,120,568 1,496,481
Cost of sales (1,789,098) (1,275,960)
Gross profit 331,470 220,521
Administrative expenses (178,680) (109,701)
Operating profit 152,790 110,820
Interest payable (162) (185)
Profit on ordinary activities before taxation 152,628 110,635
Tax on profit on ordinary activities (5,283) -
Profit for the financial year 147,345 110,635
Europe Consultancy Limited
Registered number: 11850464
Balance Sheet
as at 28 February 2025
Notes 2025 2024
£ £ £ £
Fixed assets
Tangible assets 3 236,150 118,289
Current assets
Stocks 57,067 30,695
Debtors 4 268,938 142,538
Cash at bank and in hand 7,859 3,547
333,864 176,780
Creditors: amounts falling due within one year 5 (127,611) (94,112)
Net current assets 206,253 82,668
Total assets less current liabilities 442,403 200,957
Creditors: amounts falling due after more than one year 6 (196,106) (102,005)
Net assets 246,297 98,952
Capital and reserves
Called up share capital 200 200
Profit and loss account 246,097 98,752
Shareholder's funds 246,297 98,952
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr J A White
Director
Approved by the board on 17 July 2025
Europe Consultancy Limited
Notes to the Accounts
for the year ended 28 February 2025
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery 25% reducing balance basis
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
2 Employees 2025 2024
Number Number
Average number of persons employed by the company 4 3
3 Tangible fixed assets
Plant and Machinery Total
£ £
Cost
At 1 March 2024 191,782 191,782
Additions 192,864 192,864
At 28 February 2025 384,646 384,646
Depreciation
At 1 March 2024 73,493 73,493
Charge for the period 75,003 75,003
At 28 February 2025 148,496 148,496
Net book value
At 28 February 2025 236,150 236,150
At 29 February 2024 118,289 118,289
4 Debtors 2025 2024
£ £
Trade debtors 265,314 142,538
Other debtors 3,624 -
268,938 142,538
5 Creditors: amounts falling due within one year 2025 2024
£ £
Bank loans and overdrafts 8,333 8,333
Trade creditors 105,284 84,251
Corporation tax 5,283 -
Other creditors 5,842 1,528
127,611 94,112
6 Creditors: amounts falling due after one year 2025 2024
£ £
Bank loans 18,850 27,183
Other creditors 177,256 74,822
196,106 102,005
7 Other information
Europe Consultancy Limited is a private company limited by shares and incorporated in England. Its registered office is:
3rd Floor City Reach
5 Greenwich View Place
London
E14 9NN
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