Company Registration No. 09604711 (England and Wales)
Euromix Express Limited
Unaudited accounts
for the year ended 31 May 2019
Euromix Express Limited
Unaudited accounts
Contents
Euromix Express Limited
Company Information
for the year ended 31 May 2019
Directors
Miss Katarzyna Sojka
Mr Leszek Kuczera
Company Number
09604711 (England and Wales)
Registered Office
122 Hollowell Way
Rugby
England
CV21 1LT
Accountants
Peacock Accountants Limited
71-75 Shelton Street
Covent Garden
London
England
WC2H 9JQ
Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of
Euromix Express Limited
for the year ended 31 May 2019
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Euromix Express Limited for the year ended
31 May 2019 as set out on pages
5 -
8 from the Company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html
Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf.
Peacock Accountants Limited
Chartered Certified Accountants
71-75 Shelton Street
Covent Garden
London
England
WC2H 9JQ
7 February 2020
Euromix Express Limited
Statement of financial position
as at
31 May 2019
Tangible assets
5,932
6,439
Inventories
30,600
29,500
Cash at bank and in hand
7,742
7,207
Creditors: amounts falling due within one year
(67,505)
(46,124)
Net current liabilities
(5,004)
(5,095)
Total assets less current liabilities
928
1,344
Provisions for liabilities
Deferred tax
(1,127)
(1,223)
Net (liabilities)/assets
(199)
121
Called up share capital
100
100
Profit and loss account
(299)
21
Shareholders' funds
(199)
121
For the year ending 31 May 2019 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 directors acknowledge their 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.
Approved by the Board on 7 February 2020.
Miss Katarzyna Sojka
Director
Company Registration No. 09604711
Euromix Express Limited
Notes to the Accounts
for the year ended 31 May 2019
Euromix Express Limited is a private company, limited by shares, registered in England and Wales, registration number 09604711. The registered office is 122 Hollowell Way, Rugby, England, CV21 1LT.
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:
Fixtures & fittings
25% on reducing balance
Computer equipment
33.33% on Straight line method
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Euromix Express Limited
Notes to the Accounts
for the year ended 31 May 2019
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 June 2018
13,999
-
13,999
At 31 May 2019
14,449
850
15,299
At 1 June 2018
7,560
-
7,560
Charge for the year
1,703
104
1,807
At 31 May 2019
9,263
104
9,367
At 31 May 2019
5,186
746
5,932
At 31 May 2018
6,439
-
6,439
Raw materials
30,600
29,500
Amounts due from group undertakings etc.
-
632
Other debtors
24,159
3,690
7
Creditors: amounts falling due within one year
2019
2018
Taxes and social security
49,329
37,136
8
Deferred taxation
2019
2018
Accelerated capital allowances
1,127
1,223
Euromix Express Limited
Notes to the Accounts
for the year ended 31 May 2019
Provision at start of year
1,223
1,435
Credited to the profit and loss account
(96)
(212)
Provision at end of year
1,127
1,223
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Directors' Advances
1,845
69,342
58,756
12,431
Directors' Advances
1,845
69,342
58,756
12,431
3,690
138,684
117,512
24,862
10
Average number of employees
During the year the average number of employees was 7 (2018: 4).