Company Registration No. 13454604 (England and Wales)
Eurolec Core Supply Limited
Unaudited accounts
for the period from 14 June 2021 to 31 July 2022
Eurolec Core Supply Limited
Unaudited accounts
Contents
Eurolec Core Supply Limited
Company Information
for the period from 14 June 2021 to 31 July 2022
Directors
Michael Hadley
William Hadley
Company Number
13454604 (England and Wales)
Registered Office
UNIT 4 NORTH MOOR INDUSTRIAL ESTATE
MOOR STREET
BRIERLEY HILL
WEST MIDLANDS
DY5 3SU
UNITED KINGDOM
Accountants
SL Accountancy Services Ltd
First Floor
Churchill House
Pensnett Trading Estate
West Midlands
DY6 7XZ
Eurolec Core Supply Limited
Statement of financial position
as at 31 July 2022
Cash at bank and in hand
121,267
Creditors: amounts falling due within one year
(1,184,565)
Called up share capital
100
Profit and loss account
153,389
Shareholders' funds
153,489
For the period ending 31 July 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 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.
The financial statements were approved by the Board of Directors and authorised for issue on 31 March 2023 and were signed on its behalf by
William Hadley
Director
Company Registration No. 13454604
Eurolec Core Supply Limited
Notes to the Accounts
for the period from 14 June 2021 to 31 July 2022
Eurolec Core Supply Limited is a private company, limited by shares, registered in England and Wales, registration number 13454604. The registered office is UNIT 4 NORTH MOOR INDUSTRIAL ESTATE, MOOR STREET, BRIERLEY HILL, WEST MIDLANDS, DY5 3SU, 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 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:
Plant & machinery
20% Reducing balance
Fixtures & fittings
20% Reducing balance
Computer equipment
20% Reducing balance
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
Additions
38,658
77,472
2,239
118,369
At 31 July 2022
38,658
77,472
2,239
118,369
At 14 June 2021
-
-
352
352
Charge for the period
6,693
15,494
96
22,283
At 31 July 2022
6,693
15,494
448
22,635
At 31 July 2022
31,965
61,978
1,791
95,734
Eurolec Core Supply Limited
Notes to the Accounts
for the period from 14 June 2021 to 31 July 2022
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2022
Taxes and social security
31,639
7
Average number of employees
During the period the average number of employees was 7.