Euromat Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 08874231

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		4,524		5,742

			4,524		5,742
CURRENT ASSETS
Stocks	5	59,225		60,497
Debtors	6	27,180		10,929
Cash at bank and in hand		14,065		35,318

		100,470		106,744
Creditors: Amounts Falling Due Within One Year	7	(149,825 )		(119,237 )

NET CURRENT ASSETS (LIABILITIES)			(49,355 )		(12,493 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(44,831 )		(6,751 )

Creditors: Amounts Falling Due After More Than One Year	8		(1,000 )		(7,500 )

NET LIABILITIES			(45,831 )		(14,251 )

CAPITAL AND RESERVES
Called up share capital	9		100		100
Profit and Loss Account			(45,931 )		(14,351 )

SHAREHOLDERS' FUNDS			(45,831)		(14,251)

Page 1

Page 2

Euromat Limited

Balance Sheet (continued)

As At 28 February 2025

For the year ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Lee Smart

Director

27/10/2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Euromat Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08874231 . The registered office is 325a Goring Road, Goring-By-Sea, Worthing, BN12 4NX.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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

2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	25%
Motor Vehicles	25%
Fixtures & Fittings	25%
Computer Equipment	25%

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2024: 2)

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£	£
Cost
As at 1 March 2024	165	13,500	1,413	1,560	16,638
Additions	-	-	290	-	290

As at 28 February 2025	165	13,500	1,703	1,560	16,928

Depreciation
As at 1 March 2024	64	8,728	1,202	902	10,896
Provided during the period	26	1,193	125	164	1,508

As at 28 February 2025	90	9,921	1,327	1,066	12,404

...CONTINUED

Page 3

Page 4

Euromat Limited

Notes to the Financial Statements (continued)

For The Year Ended 28 February 2025

Net Book Value
As at 28 February 2025	75	3,579	376	494	4,524

As at 1 March 2024	101	4,772	211	658	5,742

5. Stocks

	2025	2024
	£	£
Stock	59,225	60,497

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	16,857	10,133
Prepayments and accrued income	4,461	318
Other debtors	1,758	478
Other debtors (1)	542	-
Other debtors (2)	12	-
Amounts owed by group undertakings	3,550	-

	27,180	10,929

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	87,322	49,636
Bank loans and overdrafts	6,000	6,000
VAT	5,692	9,385
Net wages	2,440	-
Other creditors	21,265	23,175
Other creditors (1)	9,354	10,185
Accruals and deferred income	2,565	2,089
Director's loan account	15,187	18,767

	149,825	119,237

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	1,000	7,500

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

Page 4