Company Registration No. 04376063 (England and Wales)
Eurobeam Services Ltd
Unaudited accounts
for the year ended 30 April 2017
Eurobeam Services Ltd
Unaudited accounts
Contents
Eurobeam Services Ltd
Company Information
for the year ended 30 April 2017
Company Number
04376063 (England and Wales)
Registered Office
103 High Street
Waltham Cross
Hertfordshire
EN8 7AN
Accountants
Brindley Goldstein Ltd
103 High Street
Waltham Cross
Herts.
EN8 7AN
Eurobeam Services Ltd
Statement of financial position
as at 30 April 2017
Tangible assets
4,283,202
3,069,886
Cash at bank and in hand
3,697
1,859
Creditors: amounts falling due within one year
(5,393,447)
(4,224,496)
Net current liabilities
(5,069,750)
(3,902,637)
Net liabilities
(786,548)
(832,751)
Called up share capital
100
100
Revaluation reserve
(1,008,124)
(1,008,124)
Profit and loss account
221,476
175,273
Shareholders' funds
(786,548)
(832,751)
For the year ending 30 April 2017 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.
Approved by the Board on 25 January 2017.
Boruch Roth
Director
Company Registration No. 04376063
Eurobeam Services Ltd
Notes to the Accounts
for the year ended 30 April 2017
Eurobeam Services Ltd is a private company, limited by shares, registered in England and Wales, registration number 04376063. The registered office is 103 High Street, Waltham Cross, Hertfordshire, EN8 7AN. The principal place of business is 5 Cazenove Road, N16 6PA.
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.
These financial statements for the year ended 30 April 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 May 2015.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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.
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
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:
Computer equipment
10% straight line
Eurobeam Services Ltd
Notes to the Accounts
for the year ended 30 April 2017
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 May 2016
3,069,885
3,313
3,073,198
Additions
1,213,316
-
1,213,316
At 30 April 2017
4,283,201
3,313
4,286,514
At 1 May 2016
-
3,312
3,312
At 30 April 2017
-
3,312
3,312
At 30 April 2017
4,283,201
1
4,283,202
At 30 April 2016
3,069,885
1
3,069,886
Trade debtors
320,000
320,000
6
Creditors: amounts falling due within one year
2017
2016
Bank loans and overdrafts
2,138,442
2,152,289
Trade creditors
8,572
10,493
Taxes and social security
704
-
Other creditors
1,149,856
1,409,206
Loans from directors
2,095,573
652,208
7
Average number of employees
During the year the average number of employees was 0 (2016: 0).
