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Registration number: 05083959

Euro-Projects Group Holdings Limited
Unaudited Filleted Financial Statements
for the Year Ended 31 March 2025

Euro-Projects Group Holdings Limited

Contents

Company Information | 1
Balance Sheet | 2 to 3
Notes to the Unaudited Financial Statements | 4 to 9

Euro-Projects Group Holdings Limited

Company Information

Directors | Mr Stephen Brown Mrs Crystal Brown

Registered office | 1 Cartwright Court Cartwright Way Bardon Hill Coalville Leicestershire LE67 1UE

Accountants | Evolve Accountants and Business Advisors Limited Unit 10 Phoenix Park Stephenson Industrial Estate Telford Way Coalville Leicestershire LE67 3HB

Euro-Projects Group Holdings Limited

(Registration number: 05083959)
Balance Sheet as at 31 March 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 246,172 | 253,696
Investments | 5 | 200 | 210
Other financial assets | 6 | 252,000 | 216,000
|  | 498,372 | 469,906
Current assets |  |  |
Debtors | 7 | 575,621 | 655,096
Cash at bank and in hand |  | 980,802 | 991,014
|  | 1,556,423 | 1,646,110
Creditors: Amounts falling due within one year | 8 | (40,974) | (70,255)
Net current assets |  | 1,515,449 | 1,575,855
Net assets |  | 2,013,821 | 2,045,761
Capital and reserves |  |  |
Called up share capital |  | 100 | 100
Retained earnings |  | 2,013,721 | 2,045,661
Shareholders' funds |  | 2,013,821 | 2,045,761

For the financial 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.

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 6 November 2025 and signed on its behalf by:

Euro-Projects Group Holdings Limited

(Registration number: 05083959)
Balance Sheet as at 31 March 2025

......................................... Mr Stephen Brown Director

Euro-Projects Group Holdings Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1 | General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
1 Cartwright Court
Cartwright Way
Bardon Hill
Coalville
Leicestershire
LE67 1UE

These financial statements were authorised for issue by the Board on 6 November 2025.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

Euro-Projects Group Holdings Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Land and buildings | 2% straight line
Office Equipment | 25% straight line

Business combinations

Business combinations are accounted for using the purchase method. The consideration for each acquisition is measured at the aggregate of the fair values at acquisition date of assets given, liabilities incurred or assumed, and equity instruments issued by the group in exchange for control of the acquired, plus any costs directly attributable to the business combination. When a business combination agreement provides for an adjustment to the cost of the combination contingent on future events, the group includes the estimated amount of that adjustment in the cost of the combination at the acquisition date if the adjustment is probable and can be measured reliably.

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.
Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Euro-Projects Group Holdings Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2024 - 2).

Euro-Projects Group Holdings Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

4 | Tangible assets

| Land and buildings £ | Office equipment £ | Total £
Cost or valuation
At 1 April 2024 | 389,083 | 109,665 | 498,748
At 31 March 2025 | 389,083 | 109,665 | 498,748
Depreciation
At 1 April 2024 | 135,389 | 109,663 | 245,052
Charge for the year | 7,524 | - | 7,524
At 31 March 2025 | 142,913 | 109,663 | 252,576
Carrying amount
At 31 March 2025 | 246,170 | 2 | 246,172
At 31 March 2024 | 253,694 | 2 | 253,696

Included within the net book value of land and buildings above is £246,170 (2024 - £253,694) in respect of freehold land and buildings.

5 | Investments

| 2025 £ | 2024 £
Investments in subsidiaries | 200 | 210

Subsidiaries | £
Cost or valuation
At 1 April 2024 | 210
Disposals | (10)
At 31 March 2025 | 200
Provision
Carrying amount
At 31 March 2025 | 200
At 31 March 2024 | 210

Euro-Projects Group Holdings Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Details of undertakings

Details of the investments in which the company holds 20% or more of the nominal value of any class of share capital are as follows:

Undertaking | Registered office | Holding | Proportion of voting rights and shares held
|  |  | 2025 | 2024
Subsidiary undertakings
Euro-Projects Recruitment Ltd | Same as parent England | Ordinary | 100% | 100%
Euro-Projects Contractors Ltd | Same as parent England | Ordinary | 100% | 100%

Subsidiary undertakings
Euro-Projects Recruitment Ltd The principal activity of Euro-Projects Recruitment Ltd is Provision of recruitment services.
Euro-Projects Contractors Ltd The principal activity of Euro-Projects Contractors Ltd is Provision of Contract Workers.

Euro-Projects Group Holdings Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

6 | Other financial assets (current and non-current)

| Financial assets at fair value through profit and loss £ | Total £
Non-current financial assets
Cost or valuation
At 1 April 2024 | 216,000 | 216,000
Additions | 36,000 | 36,000
At 31 March 2025 | 252,000 | 252,000
Impairment
Carrying amount
At 31 March 2025 | 252,000 | 252,000

7 | Debtors

Current | Note | 2025 £ | 2024 £
Trade debtors |  | 22,140 | 22,140
Amounts owed by related parties |  | 552,718 | 632,319
Prepayments |  | 763 | 637
|  | 575,621 | 655,096

8 | Creditors

Creditors: amounts falling due within one year

| 2025 £ | 2024 £
Due within one year |  |
Trade creditors | 414 | 414
Taxation and social security | 40,560 | 69,841
| 40,974 | 70,255