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Registration number: 04372947

Euro Uk Enterprises Ltd
Unaudited Filleted Abridged Financial Statements
for the Year Ended 31 October 2024

Euro Uk Enterprises Ltd

Contents

Company Information | 1
Directors' Report | 2
Accountants' Report | 3
Abridged Balance Sheet | 4 to 5
Notes to the Abridged Financial Statements | 6 to 9

Euro Uk Enterprises Ltd

Company Information

Directors | Alan Roylance Christopher Alan Roylance

Registered office | Fox House Holly Road Thornton Trading Estate Thornton Cleveleys Lancashire FY5 4HR

Accountants | Rawcliffe & Co Limited Chartered AccountantsUnit 1 Barons Court Graceways Whitehills Business Park Blackpool Lancashire FY4 5GP

Euro Uk Enterprises Ltd

Directors' Report for the Year Ended 31 October 2024

The directors present their report and the abridged financial statements for the year ended 31 October 2024.

Directors of the company

The directors who held office during the year were as follows:

Alan Roylance

Christopher Alan Roylance

Principal activity

The principal activity of the company is automotive repairs.

Small companies provision statement

This report has 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.

Approved and authorised by the Board on 10 April 2026 and signed on its behalf by:

......................................... Alan Roylance Director

Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Euro Uk Enterprises Ltd
for the Year Ended 31 October 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Euro Uk Enterprises Ltd for the year ended 31 October 2024 as set out on pages 4 to 9 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at
http://www.icaew.com/regulation.

This report is made solely to the Board of Directors of Euro Uk Enterprises Ltd, as a body, in accordance with the terms of our engagement letter dated 10 February 2011. Our work has been undertaken solely to prepare for your approval the accounts of Euro Uk Enterprises Ltd and state those matters that we have agreed to state to the Board of Directors of Euro Uk Enterprises Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Euro Uk Enterprises Ltd and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Euro Uk Enterprises Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Euro Uk Enterprises Ltd. You consider that Euro Uk Enterprises Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Euro Uk Enterprises Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................
Rawcliffe & Co Limited
Chartered Accountants
Unit 1 Barons Court
Graceways
Whitehills Business Park
Blackpool
Lancashire
FY4 5GP

10 April 2026

Euro Uk Enterprises Ltd

(Registration number: 04372947)
Abridged Balance Sheet as at 31 October 2024

| Note | 2024 £ | 2023 £
Fixed assets |  |  |
Tangible assets | 4 | 129,653 | 107,588
Current assets |  |  |
Stocks |  | 8,580 | 7,456
Debtors |  | 13,932 | 7,680
Cash at bank and in hand |  | (870) | 6,997
|  | 21,642 | 22,133
Creditors: Amounts falling due within one year |  | (131,658) | (111,602)
Net current liabilities |  | (110,016) | (89,469)
Total assets less current liabilities |  | 19,637 | 18,119
Provisions for liabilities |  | (24,634) | (20,442)
Accruals and deferred income |  | (1,220) | (1,573)
Net liabilities |  | (6,217) | (3,896)
Capital and reserves |  |  |
Called up share capital | 5 | 100 | 100
Retained earnings |  | (6,317) | (3,996)
Shareholders' deficit |  | (6,217) | (3,896)

Euro Uk Enterprises Ltd

(Registration number: 04372947)
Abridged Balance Sheet as at 31 October 2024

For the financial year ending 31 October 2024 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 annual accounts and reports have been delivered in accordance with the provisions applicable to companies subject to the small companies regime in accordance with Section 444(5) of the Companies Act 2006.
All of the company’s members have consented to the preparation of an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.
In accordance with Section 444(5A) of the Companies Act 2006, subject to the small companies regime, these accounts do not deliver a copy of the profit and loss account.

These financial statements have been prepared and 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 and Directors' Report.

Approved and authorised by the Board on 10 April 2026 and signed on its behalf by:

......................................... Alan Roylance Director |  |

Euro Uk Enterprises Ltd

Notes to the Abridged Financial Statements for the Year Ended 31 October 2024

1 | General information

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

The address of its registered office is:
Fox House Holly Road
Thornton Trading Estate
Thornton Cleveleys
Lancashire
FY5 4HR

These financial statements were authorised for issue by the Board on 10 April 2026.

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 abridged 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 abridged 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.

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 and deferred 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.

The current corporation 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.

Euro Uk Enterprises Ltd

Notes to the Abridged Financial Statements for the Year Ended 31 October 2024

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

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
Plant and machinery | 25% reducing balance
Fixtures and fittings | 25% reducing balance
Motor vehicles | 25% reducing balance

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.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.
The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Euro Uk Enterprises Ltd

Notes to the Abridged Financial Statements for the Year Ended 31 October 2024

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.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

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.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2023 - 2).

Euro Uk Enterprises Ltd

Notes to the Abridged Financial Statements for the Year Ended 31 October 2024

4 | Tangible assets

| Furniture, fittings and equipment £ | Motor vehicles £ | Other tangible assets £ | Total £
Cost or valuation
At 1 November 2023 | 73,901 | 78,521 | 118,820 | 271,242
Additions | 12,483 | 52,800 | - | 65,283
At 31 October 2024 | 86,384 | 131,321 | 118,820 | 336,525
Depreciation
At 1 November 2023 | 38,849 | 44,764 | 80,041 | 163,654
Charge for the year | 11,884 | 21,639 | 9,695 | 43,218
At 31 October 2024 | 50,733 | 66,403 | 89,736 | 206,872
Carrying amount
At 31 October 2024 | 35,651 | 64,918 | 29,084 | 129,653
At 31 October 2023 | 35,052 | 33,757 | 38,779 | 107,588

5 | Share capital

Allotted, called up and fully paid shares

| 2024 | 2023
| No. | £ | No. | £
Ordinary share class 1 of £1 each | 100 | 100 | 100 | 100