Registered number
08124412
Extic Solutions Limited
Filleted Accounts
30 June 2023
Extic Solutions Limited
Registered number: 08124412
Balance Sheet
as at 30 June 2023
Notes 2023 2022
£ £
Current assets
Debtors 3 14,978 39,413
Cash at bank and in hand 31,623 11,209
46,601 50,622
Creditors: amounts falling due within one year 4 (33,601) (31,310)
Net current assets 13,000 19,312
Total assets less current liabilities 13,000 19,312
Creditors: amounts falling due after more than one year 5 (12,458) (18,958)
Net assets 542 354
Capital and reserves
Called up share capital 300 300
Profit and loss account 242 54
Shareholders' funds 542 354
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
M C Paul
Director
Approved by the board on 8 November 2023
Extic Solutions Limited
Notes to the Accounts
for the year ended 30 June 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes.
Debtors
Short term debtors are measured at the invoice price.
Creditors
Short term creditors are measured at the invoice price.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 1 1
3 Debtors 2023 2022
£ £
Trade debtors 695 3,143
Other debtors 14,283 36,270
14,978 39,413
4 Creditors: amounts falling due within one year 2023 2022
£ £
Bank loans and overdrafts 6,500 6,500
Trade creditors 26 26
Taxation and social security costs 27,075 24,784
33,601 31,310
5 Creditors: amounts falling due after one year 2023 2022
£ £
Bank loans 12,458 18,958
6 Other information
Extic Solutions Limited is a private company limited by shares and incorporated in England. Its registered office is:
26 Blakeways Close
Edingale
Tamworth
B79 9LL
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