Year Ended
Registration number:
Advoc Europe Limited
Contents
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Company Information |
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Balance Sheet |
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Notes to the Financial Statements |
Advoc Europe Limited
Company Information
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Directors |
E F Duncan J Gruber L M R Klett A J E Lortat-Jacob F Milosevic J Oehlen B F Onica Jarka M N Orehag |
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Company secretary |
S C Miles |
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Registered office |
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Auditors |
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Advoc Europe Limited
Balance Sheet
31 December 2024
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2024 |
2023 |
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Current assets |
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Debtors |
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Creditors: Amounts falling due within one year |
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Net assets |
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Capital and reserves |
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Called up share capital |
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Profit and loss account |
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Shareholders' funds |
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These financial statements have been prepared and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and the option not to file the Profit and Loss Account has been taken.
Approved and authorised by the
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Company Registration Number: 08475096
Advoc Europe Limited
Notes to the Financial Statements
Year Ended 31 December 2024
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General information |
The company is a private company limited by share capital, incorporated in England and Wales.
The address of its registered office is:
England
These financial statements were authorised for issue by the
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Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. There are no material departures from FRS 102.
Basis of preparation
These financial statements have been prepared using the historical cost convention.
The functional currency of Advoc Europe Limited is considered to be euros because it is the currency of the primary economic environment in which the company operates.
Going concern
The financial statements have been prepared on a going concern basis. The directors have reviewed the company's forecasts and projections and have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future.
Accordingly, they continue to adopt the going concern basis in preparing the financial statements.
Revenue recognition
Turnover comprises subscription income which is recognised in the period that the subscription relates to.
Advoc Europe Limited
Notes to the Financial Statements
Year Ended 31 December 2024
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 corporation 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.
The activity of the company constitutes mutual trading and therefore any trading profits are exempt from corporation tax in accordance with the guidance of BIM24000.
Financial instruments
Classification
• Short term trade and other debtors and creditors
All financial instruments are classified as basic.
Recognition and measurement
Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument and derecognised when in the case of assets, the contractual rights to cash flows from the assets expire or substantially all the risks and rewards of ownership are transferred to another party, or in the case of liabilities, when the company’s obligations are discharged, expire or are cancelled.
Such instruments are initially measured at transaction price, including transaction costs, and are subsequently carried at the undiscounted amount of the cash or other consideration expected to be paid or received, after taking account of impairment adjustments.
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Staff numbers |
The average number of persons employed by the company (including directors) during the year, was
Advoc Europe Limited
Notes to the Financial Statements
Year Ended 31 December 2024
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Debtors |
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Note |
2024 |
2023 |
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Trade debtors |
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Amounts owed by group undertakings and undertakings in which the company has a participating interest |
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Other debtors |
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Less non-current portion |
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Details of non-current trade and other debtors
£104,838 (2023 -£156,038) of Other debtors is classified as non current.
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Creditors |
Creditors: amounts falling due within one year
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2023 |
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Due within one year |
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Taxation and social security |
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Accruals and deferred income |
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Share capital |
Allotted, called up and fully paid shares
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2024 |
2023 |
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No. |
€ |
No. |
€ |
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5 |
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5 |
Advoc Europe Limited
Notes to the Financial Statements
Year Ended 31 December 2024
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Related party transactions |
Summary of transactions with parent
The loans is unsecured and is interest free. At the year end, the outstanding balance was £104,838 (2023: £156,038 – included in other debtors).
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Audit report |
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Parent and ultimate parent undertaking |
The company's immediate parent is
These financial statements are available upon request from Advoc Events Stitchting, Aziëlan 22, 6199 AG Maastricht-Airport, The Netherlands