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Company Registration No. 9924791 (England and Wales)
Exelero E1 Limited Unaudited accounts for the year ended 31 December 2022
Exelero E1 Limited Unaudited accounts Contents
Page
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Exelero E1 Limited Company Information for the year ended 31 December 2022
Directors
Mohammed Yusuf Rab Dr Mohammed Koir Uddin
Company Number
9924791 (England and Wales)
Registered Office
312 St. Pauls Road London N1 2LF United Kingdom
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Exelero E1 Limited Statement of financial position as at 31 December 2022
2022 
2021 
Notes
£ 
£ 
Fixed assets
Tangible assets
183,614 
247,327 
Current assets
Inventories
22,985 
19,880 
Debtors
52,381 
191,791 
Cash at bank and in hand
6,045 
33,580 
81,411 
245,251 
Creditors: amounts falling due within one year
(224,515)
(300,935)
Net current liabilities
(143,104)
(55,684)
Total assets less current liabilities
40,510 
191,643 
Creditors: amounts falling due after more than one year
(193,341)
(250,000)
Net liabilities
(152,831)
(58,357)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(152,931)
(58,457)
Shareholders' funds
(152,831)
(58,357)
For the year ending 31 December 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 12 September 2023 and were signed on its behalf by
Mohammed Yusuf Rab Director Company Registration No. 9924791
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Exelero E1 Limited Notes to the Accounts for the year ended 31 December 2022
1
Statutory information
Exelero E1 Limited is a private company, limited by shares, registered in England and Wales, registration number 9924791. The registered office is 312 St. Pauls Road, London, N1 2LF, 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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
over 5 years
Fixtures & fittings
over 5 years
Computer equipment
over 5 years
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 January 2022
869,609 
At 31 December 2022
869,609 
Depreciation
At 1 January 2022
622,282 
Charge for the year
63,713 
At 31 December 2022
685,995 
Net book value
At 31 December 2022
183,614 
At 31 December 2021
247,327 
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Exelero E1 Limited Notes to the Accounts for the year ended 31 December 2022
5
Debtors
2022 
2021 
£ 
£ 
Amounts falling due within one year
VAT
548 
827 
Trade debtors
51,833 
23,107 
Other debtors
- 
167,857 
52,381 
191,791 
6
Creditors: amounts falling due within one year
2022 
2021 
£ 
£ 
Trade creditors
345,735 
258,472 
Taxes and social security
6,218 
(10,426)
Loans from directors
(127,438)
52,889 
224,515 
300,935 
7
Creditors: amounts falling due after more than one year
2022 
2021 
£ 
£ 
Bank loans
193,341 
250,000 
8
Share capital
2022 
2021 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
9
Average number of employees
During the year the average number of employees was 10 (2021: 12).
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