Europe Entertainment Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 15357834 (England and Wales)

Europe Entertainment Limited

Abridged Unaudited Financial Statements

for the Year Ended 31 December 2025

Page

Company Information

1

Chartered Accountants' Report

2

Statement of Financial Position

3

Notes to the Financial Statements

5

DIRECTOR:

Mr M Gokmen

REGISTERED OFFICE:

21 Knightsbridge

London

SW1X 7LY

REGISTERED NUMBER:

15357834 (England and Wales)

ACCOUNTANTS:

Alton & Co

Chartered Accountants

239-241 Kennington Lane

London

SE11 5QU

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Abridged Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Europe Entertainment Limited for the year ended 31 December 2025 which comprise the Abridged Income Statement, Statement of Financial Position and the related notes 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 within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Europe Entertainment Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Europe Entertainment Limited and state those matters that we have agreed to state to the director of Europe Entertainment Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Europe Entertainment Limited and its director for our work or for this report.

It is your duty to ensure that Europe Entertainment Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Europe Entertainment Limited. You consider that Europe Entertainment Limited 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 financial statements of Europe Entertainment Limited. 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 financial statements.

Alton & Co

Chartered Accountants

239-241 Kennington Lane

London

SE11 5QU

29 July 2026

FIXED ASSETS

Property, plant and equipment

4

6,154

-

Investment property

5

7,251,262

6,482,005

7,257,416

6,482,005

CURRENT ASSETS

Debtors

6

47,668

109,476

Cash at bank and in hand

25,920

12,850

73,588

122,326

CREDITORS

Amounts falling due within one year

7

6,980,040

6,141,962

NET CURRENT LIABILITIES

(6,906,452

)

(6,019,636

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

350,964

462,369

CREDITORS

Amounts falling due after more than one
year

8

(388,646

)

(439,896

)

PROVISIONS FOR LIABILITIES

11

(1,539

)

-

NET (LIABILITIES)/ASSETS

(39,221

)

22,473

CAPITAL AND RESERVES

Called up share capital

12

1,000

Retained earnings

13

(40,221

)

21,473

SHAREHOLDERS' FUNDS

(39,221

)

22,473

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

All the members have consented to the preparation of an abridged Income Statement for the year ended 31 December 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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 29 July 2026 and were signed by:

Mr M Gokmen - Director

1.	STATUTORY INFORMATION

Europe Entertainment 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

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

Turnover is recognised at the end of the period when rent is accrued and it is derived from the ordinary activities of the business.

Tangible fixed assets

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

Fixtures and fittings

-

20% on reducing balance

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.

Under FRS 102 Section 16, investment property is not depreciated. Instead, it is measured at fair value at each reporting date, with changes in fair value recognized in profit or loss. Any improvement costs are capitalized and included in the fair value measurement, but they are also not depreciated separately.

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 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 4 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Fixtures

and

fittings

£

COST

Additions

7,692

At 31 December 2025

7,692

DEPRECIATION

Charge for year

1,538

At 31 December 2025

1,538

NET BOOK VALUE

At 31 December 2025

6,154

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2025

6,482,005

Additions

769,257

At 31 December 2025

7,251,262

NET BOOK VALUE

At 31 December 2025

7,251,262

At 31 December 2024

6,482,005

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

31,927

17,624

Tax

4,864

-

VAT

-

73,340

Prepayments and accrued income

2,877

6,805

Prepayments

8,000

11,707

47,668

109,476

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Bank loans and overdrafts (see note 9)

51,250

Trade creditors

45,424

14,218

Rent deposit

44,961

71,673

Tax

276

5,037

Social security and other taxes

4,929

33

VAT

2,544

-

Shareholder loan

6,789,058

5,978,816

Net wages control account

6,696

1,000

Deferred income

30,912

14,525

Accrued expenses

3,990

5,410

6,980,040

6,141,962

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR

2025

2024

£

Bank loans (see note 9)

388,646

439,896

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

183,646

234,896

9.

LOANS

An analysis of the maturity of loans is given below:

2025

2024

£

Amounts falling due within one year or on demand:

Bank loans

51,250

Amounts falling due between one and two years:

Bank loans - 1-2 years

51,250

Amounts falling due between two and five years:

Bank loans - 2-5 years

153,750

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

183,646

234,896

10.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

Bank loans

439,896

491,146

Loan is secured by the way of fixed charge on flat 7, 19 Beaufort Gardens, London SW3 1PS and floating charge on all the properties and undertakings of the company.

11.	PROVISIONS FOR LIABILITIES

2025

2024

£

Deferred tax

1,539

-

Deferred

tax

£

Charge to Income Statement during year

1,539

Balance at 31 December 2025

1,539

12.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

1,000

Ordinary

£1

1,000

13.

RESERVES

Retained

earnings

£

At 1 January 2025

21,473

Deficit for the year

(61,694

)

At 31 December 2025

(40,221

)

14.	RELATED PARTY DISCLOSURES

Transactions with shareholders/participators

At the balance sheet date, the Company owed £6,789,058 (2025: £5,978,816) to shareholders/participators. The balance comprises an interest-free loan repayable on demand and is included within creditors.