Euro-Agg Limited - Accounts to registrar (filleted) - small 18.2

Euro-Agg Limited - Accounts to registrar (filleted) - small 18.2


IRIS Accounts Production v19.1.2.3 09859093 Board of Directors 1.6.18 31.5.19 31.5.19 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure098590932018-05-31098590932019-05-31098590932018-06-012019-05-31098590932017-05-31098590932017-06-012018-05-31098590932018-05-3109859093ns15:EnglandWales2018-06-012019-05-3109859093ns14:PoundSterling2018-06-012019-05-3109859093ns10:Director12018-06-012019-05-3109859093ns10:PrivateLimitedCompanyLtd2018-06-012019-05-3109859093ns10:SmallEntities2018-06-012019-05-3109859093ns10:AuditExempt-NoAccountantsReport2018-06-012019-05-3109859093ns10:SmallCompaniesRegimeForDirectorsReport2018-06-012019-05-3109859093ns10:SmallCompaniesRegimeForAccounts2018-06-012019-05-3109859093ns10:FullAccounts2018-06-012019-05-3109859093ns10:Director22018-06-012019-05-3109859093ns10:RegisteredOffice2018-06-012019-05-3109859093ns5:CurrentFinancialInstruments2019-05-3109859093ns5:CurrentFinancialInstruments2018-05-3109859093ns5:ShareCapital2019-05-3109859093ns5:ShareCapital2018-05-3109859093ns5:RetainedEarningsAccumulatedLosses2019-05-3109859093ns5:RetainedEarningsAccumulatedLosses2018-05-3109859093ns5:PlantMachinery2018-06-012019-05-3109859093ns5:PlantMachinery2019-05-3109859093ns5:CurrentFinancialInstrumentsns5:WithinOneYear2019-05-3109859093ns5:CurrentFinancialInstrumentsns5:WithinOneYear2018-05-3109859093ns5:Secured2019-05-3109859093ns5:Secured2018-05-31


REGISTERED NUMBER: 09859093 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2019

for

Euro-Agg Limited

Euro-Agg Limited (Registered number: 09859093)






Contents of the Financial Statements
for the Year Ended 31 May 2019




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Euro-Agg Limited

Company Information
for the Year Ended 31 May 2019







DIRECTORS: T Hegarty
G Moores





REGISTERED OFFICE: Wyvols Court
Basingstoke Road
Swallowfield
Reading
Berks
RG7 1WY





REGISTERED NUMBER: 09859093 (England and Wales)






Euro-Agg Limited (Registered number: 09859093)

Balance Sheet
31 May 2019

31.5.19 31.5.18
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,096 -

CURRENT ASSETS
Stocks 392,016 263,279
Debtors 5 854,220 654,908
Cash at bank 64,844 10,589
1,311,080 928,776
CREDITORS
Amounts falling due within one year 6 1,221,584 935,904
NET CURRENT ASSETS/(LIABILITIES) 89,496 (7,128 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

92,592

(7,128

)

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 92,591 (7,129 )
92,592 (7,128 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2019 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 5 August 2019 and were signed on its behalf by:





T Hegarty - Director


Euro-Agg Limited (Registered number: 09859093)

Notes to the Financial Statements
for the Year Ended 31 May 2019

1. STATUTORY INFORMATION

Euro-Agg 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.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery etc - 20% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and
slow moving items.

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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the
balance sheet 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 (2018 - 3 ) .

Euro-Agg Limited (Registered number: 09859093)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2019

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
Additions 3,870
At 31 May 2019 3,870
DEPRECIATION
Charge for year 774
At 31 May 2019 774
NET BOOK VALUE
At 31 May 2019 3,096

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.19 31.5.18
£    £   
Trade debtors 787,527 594,616
Amounts owed by group undertakings 64,553 60,215
Other debtors 2,140 77
854,220 654,908

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.19 31.5.18
£    £   
Bank loans and overdrafts 418,984 416,041
Trade creditors 455,762 394,278
Taxation and social security 141,647 121,207
Other creditors 205,191 4,378
1,221,584 935,904

7. SECURED DEBTS

The following secured debts are included within creditors:

31.5.19 31.5.18
£    £   
Bank loans 418,984 416,041

On 10 October 2016 a fixed and floating charge was registered at Companies House between the company and
RBS Invoice Finance Ltd over all property and undertakings.