REGISTERED NUMBER: 06987103 (England and Wales)

Financial Statements

for the Period 1 March 2025 to 30 September 2025

for

Eurovine IT Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D L Whelan

Ms P M Whelan

REGISTERED OFFICE:

88 Boundary Road

Hove

East Sussex

BN3 7GA

REGISTERED NUMBER:

06987103 (England and Wales)

ACCOUNTANTS:

Clamp Boxall Ltd

88 Boundary Road

Hove

East Sussex

BN3 7GA

FIXED ASSETS

Tangible assets

4

-

97,528

CURRENT ASSETS

Debtors

5

529,959

545,195

Prepayments and accrued income

-

788

Cash at bank

174,293

118,628

704,252

664,611

CREDITORS

Amounts falling due within one year

6

2,454

2,356

NET CURRENT ASSETS

701,798

662,255

TOTAL ASSETS LESS CURRENT LIABILITIES

701,798

759,783

ACCRUALS AND DEFERRED INCOME

5,804

2,471

NET ASSETS

695,994

757,312

CAPITAL AND RESERVES

Called up share capital

2,000

2,000

Retained earnings

693,994

755,312

695,994

757,312

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 September 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 November 2025 and were signed on its behalf by:

D L Whelan - Director

Ms P M Whelan - Director

1.	STATUTORY INFORMATION

Eurovine IT 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.

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.

Turnover

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

Tangible fixed assets

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

Land and buildings

-

Over period of lease

Plant and machinery etc

-

33% on cost and in accordance with the property

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Financial instruments

The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and other investments.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 (2025 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 March 2025

90,839

18,192

109,031

Disposals

(90,839

)

(18,192

)

(109,031

)

At 30 September 2025

-

-

-

DEPRECIATION

At 1 March 2025

653

10,850

11,503

Eliminated on disposal

(653

)

(10,850

)

(11,503

)

At 30 September 2025

-

-

-

NET BOOK VALUE

At 30 September 2025

-

-

-

At 28 February 2025

90,186

7,342

97,528

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

28.2.25

£

£

Other debtors

529,959

545,195

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

28.2.25

£

£

Trade creditors

331

1,342

Taxation and social security

2,123

1,014

2,454

2,356

7.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the period ended 30 September 2025 and the year ended 28 February 2025:

30.9.25

28.2.25

£

£

D L Whelan and Ms P M Whelan

Balance outstanding at start of period

18,798

18,031

Amounts advanced

64,395

139,265

Amounts repaid

(66,161

)

(138,498

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of period

17,032

18,798

Interest has been charged on the overdrawn Directors loan account at the rate of 2.25% for the relevant periods.