EXCLUDED LIMITED

Company limited by guarantee

Company Registration Number:
07174732 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2023

Period of accounts

Start date: 01 April 2022

End date: 31 March 2023

EXCLUDED LIMITED

Company limited by guarantee

Contents of the Financial Statements

for the Period Ended 31 March 2023

Company Information - 3
Report of the Directors - 4
Balance sheet - 5
Additional notes - 7
Balance sheet notes - 10

EXCLUDED LIMITED

Company limited by guarantee

Company Information

for the Period Ended 31 March 2023




Director: Greg Semple
Jake Semple
Registered office: 49
Tymecrosse Gardens
Market Harborough
England
LE16 7US
Company Registration Number: 07174732 (England and Wales)

EXCLUDED LIMITED

Company limited by guarantee

Directors' Report Period Ended 31 March 2023

The directors present their report with the financial statements of the company for the period ended 31 March 2023

Principal Activities

The company is active as a legacy recording label. Works created remain online and funds into the business are from streaming royalties. These are negligible amounts but prevent the business from legally becoming dormant.

Political and charitable donations

none

Company policy on the employment of disabled persons

not required

Directors

The directors shown below have held office during the whole of the period from 01 April 2022 to 31 March 2023
Greg Semple
Jake Semple

This report was approved by the board of directors on 17 November 2023
And Signed On Behalf Of The Board By:

Name: Greg Semple
Status: Director

EXCLUDED LIMITED

Company limited by guarantee

Balance sheet

As at 31 March 2023


Notes

2023
£

2022
£
Fixed assets
Intangible assets: 4 0 0
Tangible assets: 5 0 0
Total fixed assets: 0 0
Current assets
Stocks: 0 0
Debtors: 0 0
Cash at bank and in hand: 164 208
Total current assets: 164 208
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: ( 0 ) ( 0 )
Net current assets (liabilities): 164 208
Total assets less current liabilities: 164 208
Creditors: amounts falling due after more than one year: ( 0 ) ( 0 )
Provision for liabilities: ( 0 ) ( 0 )
Accruals and deferred income: ( 0 )
Total net assets (liabilities): 164 208

The notes form part of these financial statements

EXCLUDED LIMITED

Company limited by guarantee

Balance sheet continued

As at 31 March 2023


Notes

2023
£

2022
£
Reserves
Revaluation reserve: 6 0 0
Income and expenditure account 164 208
Members funds 164 208

For the year ending 31 March 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 17 November 2023
And Signed On Behalf Of The Board By:

Name: Greg Semple
Status: Director

The notes form part of these financial statements

EXCLUDED LIMITED

Company limited by guarantee

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

EXCLUDED LIMITED

Company limited by guarantee

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 0 0

EXCLUDED LIMITED

Company limited by guarantee

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 3. Off balance sheet disclosure

    No

EXCLUDED LIMITED

Company limited by guarantee

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 4. Intangible assets

    Total
    Cost £
    At 01 April 2022 0
    Additions 0
    Disposals (0)
    Revaluations 0
    Transfers 0
    At 31 March 2023 0
    Amortisation
    Amortisation at 01 April 2022 0
    Charge for year 0
    On disposals (0)
    Other adjustments 0
    Amortisation at 31 March 2023 0
    Net book value
    Net book value at 31 March 2023 0
    Net book value at 31 March 2022 0

EXCLUDED LIMITED

Company limited by guarantee

Notes to the Financial Statements

for the Period Ended 31 March 2023

5. Tangible Assets

Total
Cost £
At 01 April 2022 -
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2023 -
Depreciation
At 01 April 2022 -
Charge for year -
On disposals -
Other adjustments -
At 31 March 2023 -
Net book value
At 31 March 2023 -
At 31 March 2022 -

The only funds going through the business are small amounts of Spotify plays etc of the social enterprise's activity. the business is for all intent and purposes dormant apart from being a legacy record label. No physical sales apply.

EXCLUDED LIMITED

Company limited by guarantee

Notes to the Financial Statements

for the Period Ended 31 March 2023

6. Revaluation reserve


2023
£
Balance at 01 April 2022 0
Surplus or deficit after revaluation 0
Balance at 31 March 2023 0

We have no company assets remaining. Equipment used on the project during its active years is obsolete or worthless. No equipment has been purchased or acquired.