| Registered Number:03797386 |
For the year ended 31 December 2017
England and Wales
Unaudited Financial Statements
For the year ended 31 December 2017
Lorom Europe Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
Lorom Europe Limited
Statement of Financial Position
2016
2017
| Property, plant and equipment |
2,999
3,752
2
2,999
3,752
| Trade and other receivables |
21,283
19,534
3
103,285
| Cash and cash equivalents |
77,511
97,045
124,568
| Trade and other payables: amounts falling due within one |
| year |
(13,022)
(4,550)
4
111,546
92,495
Net current assets
| Total assets less current liabilities |
95,494
115,298
| Trade and other payables: amounts falling due after more |
| than one year |
(653,086)
(658,091)
5
(562,597)
Net liabilities
(537,788)
102,000
102,000
(664,597)
(639,788)
(562,597)
(537,788)
Shareholders' funds
| For the year ended 31 December 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 of its financial statements for the year ended 31 December 2017 in accordance with Section 476 of the Companies Act 2006 |
| The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section |
| 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
| These financial statements were approved and authorised for issue by the Board on 08 June 2018 and were signed by: |
| The notes form part of these financial statements |
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For the year ended 31 December 2017
Lorom Europe Limited
Notes to the Financial Statements
Statutory Information
| Lorom Europe Limited is a private limited company, limited by shares, domiciled in England and Wales, registration |
| number 03797386. |
4 The Parks
Newton-Le-Willows
St. Helens
merseyside
WA12 0JQ
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
| Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the |
| Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
| modified by the revaluation of certain assets. |
| 2. Property, plant and equipment |
80,086
8,007
72,079
72,079
8,007
80,086
| Provision for depreciation and impairment |
76,334
6,107
70,227
Charge for year
753
475
278
77,087
6,582
70,505
1,574
1,425
2,999
1,852
1,900
3,752
| 3. Trade and other receivables |
2016
2017
7,049
7,049
12,485
14,234
21,283
19,534
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For the year ended 31 December 2017
Lorom Europe Limited
Notes to the Financial Statements Continued
| 4. Trade and other payables: amounts falling due within one year |
2016
2017
2,473
886
| Taxation and social security |
-
9,286
2,077
2,850
4,550
13,022
| 5. Trade and other payables: amounts falling due after more than one year |
2016
2017
| Amounts owed to group undertaking and undertaking in which the |
| company has a participating interest |
658,091
653,086
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