Europe in England Limited
Europe in England Limited
Registered number: 03892047
Unaudited Financial Statements
For The Year Ended
30 December 2020
Europe in England Limited
Unaudited Financial Statements
For The Year Ended
30 December 2020
Unaudited Financial Statements
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Page | |
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Balance Sheet | 1 |
Notes to the Financial Statements | 2 |
Europe in England Limited
Balance Sheet
As at
30 December 2020
Balance Sheet
Registered number:
03892047
For the year ending 30 December 2020 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
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Notes | £ | £ | £ | £ | |
CURRENT ASSETS | |||||
Debtors | 5 |
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Cash at bank and in hand |
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NET CURRENT ASSETS (LIABILITIES) |
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TOTAL ASSETS LESS CURRENT LIABILITIES |
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NET ASSETS |
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CAPITAL AND RESERVES | |||||
Called up share capital | 7 |
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Profit and Loss Account |
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SHAREHOLDERS' FUNDS | 600 | 83,727 | |||
Director's responsibilities
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The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. -
The director acknowledges her 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. - The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Director
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The notes on page 2 form part of these financial statements.
Page 1
Europe in England Limited
Notes to the Financial Statements
For The Year Ended
30 December 2020
Notes to the Financial Statements
1.
Accounting Policies
1.1.
Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
1.2.
Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery |
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1.3.
Taxation
The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.
3.
Average Number of Employees
The company was dormant during the year (and the previous year) and therefore has had no employees over this period. NIL (2019: NIL)
5.
Debtors
2020 | 2019 | ||
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£ | £ | ||
Due within one year | |||
Called up share capital not paid |
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Amounts owed by group undertakings |
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6.
Creditors: Amounts Falling Due Within One Year
2020 | 2019 | ||
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£ | £ | ||
7.
Share Capital
2020 | 2019 | ||
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Called Up Share Capital not Paid |
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Called Up Share Capital has been paid up | 3 | 3 | |
Amount of Allotted, Called Up Share Capital |
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Page 2