transaction risk or translation risk

hi sir.
lets say i have a company operating within the UK and i have a bank account in euro which i opened in Italy.
so i use this euro account to pay some of my expenses i owe from different countries. that means payment can be in different currencies ex: $, ruppees etc….
i am wondering as to how to treat such transactions in the UK financial statements.
of course on a monthly statement the UK company will be receiving the bank statement of the euro account.
how will i go about reconciling the euro bank account when showing it in my financial statement
l am very confused.

.