Eurotraders Global Limited
|
Registered number: |
05130821
|
Abbreviated Balance Sheet |
as at 31 May 2015
|
|
Notes |
|
|
2015 |
|
|
2014 |
£ |
£ |
Fixed assets |
Tangible assets |
2 |
|
|
1,004,525 |
|
|
863,927 |
|
Current assets |
Stocks |
|
|
33,370 |
|
|
21,150 |
Debtors |
|
|
126,171 |
|
|
292,249 |
Cash at bank and in hand |
|
|
18,048 |
|
|
2,462 |
|
|
|
177,589 |
|
|
315,861 |
|
Creditors: amounts falling due within one year |
|
|
(738,186) |
|
|
(665,883) |
|
Net current liabilities |
|
|
|
(560,597) |
|
|
(350,022) |
|
Net assets |
|
|
|
443,928 |
|
|
513,905 |
|
|
|
|
|
|
|
|
Capital and reserves |
Called up share capital |
3 |
|
|
2 |
|
|
2 |
Profit and loss account |
|
|
|
443,926 |
|
|
513,903 |
|
Shareholders' funds |
|
|
|
443,928 |
|
|
513,905 |
|
|
|
|
|
|
|
|
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
|
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
|
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
|
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
|
|
|
|
A Chawla |
Director |
Approved by the board on 29 February 2016
|
|
Eurotraders Global Limited
|
Notes to the Abbreviated Accounts |
for the year ended 31 May 2015
|
|
1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
|
|
|
Turnover |
|
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
|
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Plant and machinery |
20% straight line
|
|
Motor vehicles |
25% straight line
|
|
|
2 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 June 2014 |
868,329 |
|
Additions |
153,597 |
|
At 31 May 2015 |
1,021,926 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 June 2014 |
4,402 |
|
Charge for the year |
12,999 |
|
At 31 May 2015 |
17,401 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 May 2015 |
1,004,525 |
|
At 31 May 2014 |
863,927 |
|
|
|
|
|
|
|
|
3 |
Share capital |
Nominal |
|
2015 |
|
2015 |
|
2014 |
value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares
|
£1 each |
|
2 |
|
2 |
|
2 |
|
|
|
|
|
|
|
|
|