REGISTERED NUMBER: 12386023 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

1 FEBRUARY 2023 TO 29 JUNE 2024

FOR

EURO DEMOLITION GROUP LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mr D J Unwin

REGISTERED OFFICE:

Unit 17 Marchington Industrial Estate

Marchington

Uttoxter

ST14 8LP

REGISTERED NUMBER:

12386023 (England and Wales)

CURRENT ASSETS

Debtors

5

1,787,736

500,000

Cash at bank and in hand

6,490

1

1,794,226

500,001

CREDITORS

Amounts falling due within one year

6

1,154,995

-

NET CURRENT ASSETS

639,231

500,001

TOTAL ASSETS LESS CURRENT LIABILITIES

639,231

500,001

CAPITAL AND RESERVES

Called up share capital

7

500,001

500,001

Retained earnings

139,230

-

SHAREHOLDERS' FUNDS

639,231

500,001

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 29 June 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 29 June 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 30 September 2025 and were signed by:

Mr D J Unwin - Director

1.	STATUTORY INFORMATION

Euro Demolition Group Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The company's year end was extended to 30 June 2024 and is therefore a 17 month period. For the previous year end 31 January 2023 the company was dormant so comparatives are not comparable.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Revenue is recognised as the company becomes entitled to consideration for the services supplied. Therefore, turnover includes the element of work completed but not yet invoiced.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

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.

Debtors

Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Creditors

Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 (2023 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

COST

Additions

45,050

Disposals

(45,050

)

At 29 June 2024

-

NET BOOK VALUE

At 29 June 2024

-

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Amounts owed by group undertakings

72,064

500,000

Other debtors

1,715,672

-

1,787,736

500,000

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Taxation and social security

89,617

-

Other creditors

1,065,378

-

1,154,995

-

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

1

Ordinary Shares

£1

1

1

500,000

Preference Shares

£1

500,000

500,000

500,001

500,001

The £500,000 Preference Shares are redeemable, non-voting and entitled to receive a fixed non-cumulative dividend at the annual rate of 2% of the capital paid up on each such share.

8.	RELATED PARTY DISCLOSURES

At the year end, included within other debtors, is an amount of £1,715,672 (2023: £nil) which was owed to the company from companies that the director has an interest in.

At the year end, included within other creditors, is an amount of £1,032,278 (2023: £nil) which was owed by the company to companies that the director has an interest in.