Company Registration No. 08126199 (England and Wales)
Galaxy EU Trading Limited
Unaudited accounts
for the year ended 30 September 2022
Galaxy EU Trading Limited
Unaudited accounts
Contents
Galaxy EU Trading Limited
Company Information
for the year ended 30 September 2022
Director
Shahadad Uddin Khan
Company Number
08126199 (England and Wales)
Registered Office
447, Romford Road,
London,
E7 8AB
United Kingdom
Accountants
Mamta Services Ltd
43 Cody Close
Kenton
Harrow
HA3 9ES
Galaxy EU Trading Limited
Statement of financial position
as at 30 September 2022
Cash at bank and in hand
-
29,719
Creditors: amounts falling due within one year
(423,739)
(86,622)
Net current assets
464
539
Called up share capital
1
1
Profit and loss account
463
538
Shareholders' funds
464
539
For the year ending 30 September 2022 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 28 June 2023 and were signed on its behalf by
Shahadad Uddin Khan
Director
Company Registration No. 08126199
Galaxy EU Trading Limited
Notes to the Accounts
for the year ended 30 September 2022
Galaxy EU Trading Limited is a private company, limited by shares, registered in England and Wales, registration number 08126199. The registered office is 447, Romford Road, , London, , E7 8AB, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery
Amounts falling due within one year
Trade debtors
378,397
7,606
Accrued income and prepayments
2,996
7,900
Galaxy EU Trading Limited
Notes to the Accounts
for the year ended 30 September 2022
6
Creditors: amounts falling due within one year
2022
2021
Bank loans and overdrafts
46,038
50,000
Trade creditors
369,641
22,625
Taxes and social security
(99)
36
Loans from directors
8,159
13,894
7
Average number of employees
During the year the average number of employees was 2 (2021: 2).