Company Registration No. 05454133 (England and Wales)
EUROPEAN LICENSING COMPANY (UK) LIMITED
Unaudited accounts
for the year ended 31 December 2024
EUROPEAN LICENSING COMPANY (UK) LIMITED
Unaudited accounts
Contents
EUROPEAN LICENSING COMPANY (UK) LIMITED
Company Information
for the year ended 31 December 2024
Directors
Hakan Durdag
Mine Albertyn
Company Number
05454133 (England and Wales)
Registered Office
84 Brook Street
Office 4.3
London
W1K 5EH
United Kingdom
EUROPEAN LICENSING COMPANY (UK) LIMITED
Statement of financial position
as at 31 December 2024
Cash at bank and in hand
2,282
240,251
Creditors: amounts falling due within one year
(559,546)
(637,617)
Net current assets
94,086
218,541
Net assets
118,886
243,341
Called up share capital
100
100
Profit and loss account
118,786
243,241
Shareholders' funds
118,886
243,341
For the year ending 31 December 2024 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 13 November 2025 and were signed on its behalf by
Hakan Durdag
Director
Company Registration No. 05454133
EUROPEAN LICENSING COMPANY (UK) LIMITED
Notes to the Accounts
for the year ended 31 December 2024
EUROPEAN LICENSING COMPANY (UK) LIMITED is a private company, limited by shares, registered in England and Wales, registration number 05454133. The registered office is 84 Brook Street, Office 4.3, London, W1K 5EH, United Kingdom.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
4
Investments
Subsidiary undertakings
Valuation at 1 January 2024
24,800
Valuation at 31 December 2024
24,800
The Company has the following investments:
EUROPEAN LICENSING COMPANY KFT (Hungary) - 93.3% Share Capital equivalent to £8,000
EUROPEAN LICENSING COMPANY SRL (Romania) - 100% Share Capital equivalent to £6,800
EUROPEAN LICENSING COMPANY SP z.o.o. (Poland) - 100% Share Capital equivalent to £10,000
Amounts falling due within one year
Trade debtors
636,412
609,013
Other debtors
14,938
6,894
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
163,129
245,174
Other creditors
344,135
344,137
EUROPEAN LICENSING COMPANY (UK) LIMITED
Notes to the Accounts
for the year ended 31 December 2024
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).