Registered Number
:
04067278
|
For the year ended 30 June 2021
England and Wales
Unaudited Financial Statements
For the year ended 30 June 2021
Euro-Cargo Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
Euro-Cargo Limited
Statement of Financial Position
2020
2021
Trade and other payables
:
amounts falling due within one year
|
(5,682)
(7,412)
2
(5,682)
(7,412)
Net current liabilities
Total assets less current liabilities
|
(7,412)
(5,682)
Trade and other payables
:
amounts falling due after more than one
|
year
|
(661,305)
(661,305)
3
(668,717)
Net liabilities
(666,987)
5,000
5,000
(673,717)
(671,987)
(668,717)
(666,987)
Shareholders' funds
For the year ended 30 June 2021 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 of its financial statements for the year ended 30 June 2021 in accordance with Section 476 of the Companies Act 2006
|
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section
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
.
|
In accordance with Section
444
of the Companies Act
2006
,
the Income Statement has not been delivered
.
|
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
|
These financial statements were approved and authorised for issue by the Board on 29 March 2022 and were signed by:
|
The notes form part of these financial statements
|
1 of 3
For the year ended 30 June 2021
Euro-Cargo Limited
Notes to the Financial Statements
Statutory Information
Euro
-
Cargo Limited is a private limited company
,
limited by shares
,
domiciled in England and Wales
,
registration number
|
04067278
.
|
Unit 21, Kingspark Business Centre
152-178 Kingston Road
New Malden
Surrey
KT3 3ST
The presentation currency is £ sterling
.
|
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section
1
A of Financial Reporting Standard
|
102
'
The Financial Reporting Standard applicable in the UK and Republic of Ireland
'
and the Companies Act
2006
.
The
|
financial statements have been prepared under the historical costs convention
.
|
The financial statements have also been prepared on a going concern basis
.
The company meets its day to day working capital
|
requirements from interest
-
free loan from their immediate parent company
,
Continental Assets Limited and its ultimate parent
|
company
,
Morita Investment Holding Limited and its related company A E Properties Limited
.
At the balance Sheet date
,
the
|
total amount owed to these companies were £
661
,
305
(
2020
:
£
661
,
305
).
They have confirmed that the amounts owed will
|
continue to be made available until such time as the company is able to repay them
.
|
If the going concern basis were not appropriate
,
adjustments would have to be made to reduce the value of assets to their
|
recoverable amount
,
to provide for any further liabilities that may arise and to reclassify fixed assets as current assets and long
|
term liabilities as current liabilities
.
|
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.
|
2
.
Trade and other payables
:
amounts falling due within one year
|
2020
2021
7,412
5,682
3
.
Trade and other payables
:
amounts falling due after more than one year
|
2020
2021
Amounts owed to group undertaking and undertaking in which the company
|
has a participating interest
|
661,305
661,305
2 of 3
For the year ended 30 June 2021
Euro-Cargo Limited
Notes to the Financial Statements Continued
4
.
Related party transactions
|
The company is controlled by its immediate parent undertaking
,
Continental Assets Limited
,
a company registered in England
|
and Wales
.
|
The company
'
s ultimate parent company is Morita Investment Holding Limited
,
a company registered in the British Virgin
|
Islands
.
|
5
.
Average number of persons employed
|
During the year the average number of employees was 0
3 of 3