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Company Registration No. 07407775 (England and Wales)
European Electronics Ltd Unaudited accounts for the year ended 31 March 2025
European Electronics Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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European Electronics Ltd Company Information for the year ended 31 March 2025
Directors
Yasser Elhendawe Bernard Fowler
Company Number
07407775 (England and Wales)
Registered Office
Unit 2 North Staffs Business Park Innovation Way Stoke on Trent ST6 4BF
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European Electronics Ltd Statement of financial position as at 31 March 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
4,817
3,461
Investments
5
238,246
241,811
243,063
245,272
Current assets
Debtors
6
(109,929)
(92,317)
Cash at bank and in hand
97,890
100,141
(12,039)
7,824
Creditors: amounts falling due within one year
7
(1,611)
(20,757)
Net current liabilities
(13,650)
(12,933)
Net assets
229,413
232,339
Capital and reserves
Called up share capital
1
1
Profit and loss account
229,412
232,338
Shareholders' funds
229,413
232,339
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 31 October 2025 and were signed on its behalf by
Yasser Elhendawe Director Company Registration No. 07407775
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European Electronics Ltd Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
European Electronics Ltd is a private company, limited by shares, registered in England and Wales, registration number 07407775. The registered office is Unit 2 North Staffs Business Park, Innovation Way, Stoke on Trent, ST6 4BF.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% straight line
Computer equipment
25% straight line
4
Tangible fixed assets
Fixtures & fittings
£
Cost or valuation
At cost
At 1 April 2024
17,728
Additions
3,768
At 31 March 2025
21,496
Depreciation
At 1 April 2024
14,267
Charge for the year
2,412
At 31 March 2025
16,679
Net book value
At 31 March 2025
4,817
At 31 March 2024
3,461
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European Electronics Ltd Notes to the Accounts for the year ended 31 March 2025
5
Investments
Other investments
£
Valuation at 1 April 2024
241,811
Fair value adjustments
(3,565)
Valuation at 31 March 2025
238,246
6
Debtors
2025
2024
£
£
Amounts falling due within one year
VAT
5,643
12,609
Amounts falling due after more than one year
Trade debtors
(115,572)
(104,926)
7
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
(53,024)
(44,151)
Amounts owed to group undertakings and other participating interests
50,000
50,000
Taxes and social security
955
8,353
Other creditors
3,630
6,505
Accruals
50
50
1,611
20,757
8
Average number of employees
During the year the average number of employees was 6 (2024: 6).
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