EUROPEAN AEROSOLS LTD Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 15710465

EUROPEAN AEROSOLS LTD

Filleted Unaudited Financial Statements

31 December 2024

EUROPEAN AEROSOLS LTD

Statement of Financial Position

31 December 2024

	31 Dec 24
Note	£

Fixed assets

Intangible assets	6	43,200

Current assets

Debtors	7	3,100
Cash at bank and in hand		5,000
		-------
		8,100

Creditors: amounts falling due within one year	8	83,000
		--------
Net current liabilities		74,900
		--------
Total assets less current liabilities		( 31,700)
		--------

Capital and reserves

Called up share capital	9	100
Profit and loss account		( 31,800)
		--------
Shareholders deficit		( 31,700)
		--------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

For the period ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 22 August 2025 , and are signed on behalf of the board by:

MR M C ROZENDAL

Director

Company registration number: 15710465

EUROPEAN AEROSOLS LTD

Notes to the Financial Statements

Period from 9 May 2024 to 31 December 2024

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Wilberfoce House, Station Road, London, NW4 4QE.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the Companies Act 2006.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Income tax

The tax expense for the period comprises deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income. The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income. Deferred income tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the Company. Deferred income tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date. The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Intangible assets

Intangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated amortisation and impairment losses. Any intangible assets carried at revalued amounts, are recorded at the fair value at the date of revaluation, as determined by reference to an active market, less any subsequent accumulated amortisation and subsequent accumulated impairment losses. Intangible assets acquired as part of a business combination are only recognised separately from goodwill when they arise from contractual or other legal rights, are separable, the expected future economic benefits are probable and the cost or value can be measured reliably.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

	Software	-	10% straight line

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

4. Employee numbers

The average number of persons employed by the company during the period amounted to 2 .

5. Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. However the nature of estimation means that actual outcomes could differ from the estimates. In the Director's opinion there are no significant judgements or key sources of uncertainty.

6. Intangible assets

	Software
	£
Cost
Additions	48,000
	--------
At 31 December 2024	48,000
	--------
Amortisation
Charge for the period	4,800
	--------
At 31 December 2024	4,800
	--------
Carrying amount
At 31 December 2024	43,200
	--------

7. Debtors

	31 Dec 24
	£
Other debtors	3,100
	-------

8. Creditors: amounts falling due within one year

	31 Dec 24
	£
Trade creditors	16,000
Amounts owed to group undertakings and undertakings in which the company has a participating interest	67,000
	--------
	83,000
	--------

9. Called up share capital

Issued, called up and fully paid

	31 Dec 24
	No.	£
Ordinary shares of £ 1 each	100	100
	----	----

10. Controlling party

The company's immediate parent undertaking and ultimate controlling party is European Aerosols B.V, a company incorporated in Netherlands and registered at Wolfraamweg 2, Wolvega, Netherlands, 8471 XC. The company's results are not included in any publicly available consolidated accounts.