Company Registration No. 07763616 (England and Wales)
EUAC LTD
Accounts
for the year ended 31 March 2025
EUAC LTD
Accounts
Contents
EUAC LTD
Statement of financial position
as at 31 March 2025
Inventories
100,446
114,378
Cash at bank and in hand
1,208
41,775
Creditors: amounts falling due within one year
(198,382)
(258,051)
Net current liabilities
(96,589)
(69,088)
Total assets less current liabilities
(95,724)
(67,935)
Creditors: amounts falling due after more than one year
(9,464)
(10,330)
Provisions for liabilities
Net liabilities
(105,354)
(78,431)
Called up share capital
1
1
Profit and loss account
(105,355)
(78,432)
Shareholders' funds
(105,354)
(78,431)
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 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 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 and authorised for issue on 23 December 2025 and were signed on its behalf by
Shahid Sattar
Director
Company Registration No. 07763616
EUAC LTD
Notes to the Accounts
for the year ended 31 March 2025
EUAC LTD is a private company, limited by shares, registered in England and Wales, registration number 07763616. The registered office is 338 Oakley Road, Luton, Bedfordshire, LU4 9QD, ENGLAND.
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.
These financial statements for the year ended 31 March 2025 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 April 2023.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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.
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:
Computer equipment
25% Reducing Balance
4
Tangible fixed assets
Computer equipment
EUAC LTD
Notes to the Accounts
for the year ended 31 March 2025
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
15,782
15,852
Other creditors
151,876
191,728
Loans from directors
28,439
45,111
7
Creditors: amounts falling due after more than one year
2025
2024
8
Average number of employees
During the year the average number of employees was 7 (2024: 5).