Europe Business Assembly Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 03964500 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

FOR

EUROPE BUSINESS ASSEMBLY LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr I Savvov

REGISTERED OFFICE:

2 Woodins Way

Oxford

OX1 1HF

REGISTERED NUMBER:

03964500 (England and Wales)

ACCOUNTANTS:

Bronsens

Chartered Certified Accountants

Eden House

Two Rivers Business Park

Witney

Oxfordshire

OX28 4BL

FIXED ASSETS

Tangible assets

4

764,331

764,991

Investment property

5

1,546,633

2,310,964

2,311,624

CURRENT ASSETS

Debtors

6

14,883

15,859

Cash at bank

58,818

43,615

73,701

59,474

CREDITORS

Amounts falling due within one year

7

120,394

123,511

NET CURRENT LIABILITIES

(46,693

)

(64,037

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

2,264,271

2,247,587

PROVISIONS FOR LIABILITIES

141

266

NET ASSETS

2,264,130

2,247,321

CAPITAL AND RESERVES

Called up share capital

1,000

Revaluation reserve

91,259

Retained earnings

2,171,871

2,155,062

SHAREHOLDERS' FUNDS

2,264,130

2,247,321

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 28 May 2026 and were signed by:

Mr I Savvov - Director

1.	STATUTORY INFORMATION

Europe Business Assembly Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Freehold property

-

not provided

Plant and machinery

-

20% on cost

Fixtures and fittings

-

20% on cost and 10% on reducing balance

Computer equipment

-

33% on reducing balance and 20% on cost

Freehold property is depreciated over its estimated useful life of 50 years. However, in the opinion of the directors the residual value of the freehold property after 50 years is not materially different to the current value, and therefore no depreciation has been provided.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

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 year 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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

Computer

property

machinery

fittings

equipment

Totals

£

COST

At 1 September 2024

and 31 August 2025

763,591

10,775

69,912

34,216

878,494

DEPRECIATION

At 1 September 2024

-

10,775

69,586

33,142

113,503

Charge for year

-

244

416

660

At 31 August 2025

-

10,775

69,830

33,558

114,163

NET BOOK VALUE

At 31 August 2025

763,591

-

82

658

764,331

At 31 August 2024

763,591

-

326

1,074

764,991

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 September 2024

and 31 August 2025

1,546,633

NET BOOK VALUE

At 31 August 2025

1,546,633

At 31 August 2024

1,546,633

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

VAT

123

1,212

Prepayments

14,760

14,647

14,883

15,859

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

Trade creditors

119

1,225

Tax

2,514

4,291

Other creditors

112,128

Directors' current accounts

37

343

Income received in advance

2,597

3,124

Accrued expenses

2,999

2,400

120,394

123,511

8.	ULTIMATE CONTROLLING PARTY

The company is under the control of Mr. I. Savvov by virtue of his controlling shareholding.