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Registered number: 13340517

Solomon Excel Limited

ACCOUNTS
FOR THE YEAR ENDED 30/04/2023

Prepared By:
Albeck Limited
Chartered Accountants
49 Mowbray Road
Edgware
Middlesex
HA8 8JL

Solomon Excel Limited

ACCOUNTS
FOR THE YEAR ENDED 30/04/2023
DIRECTORS
Shalom Solomon
SECRETARY
Tova Solomon
REGISTERED OFFICE
49 Mowbray Road
Edgware
HA8 8JL
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 13340517
BANKERS
Starling
ACCOUNTANTS
Albeck Limited
Chartered Accountants
49 Mowbray Road
Edgware
Middlesex
HA8 8JL

Solomon Excel Limited

ACCOUNTS
FOR THEYEARENDED30/04/2023
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

Solomon Excel Limited

BALANCE SHEET AT 30/04/2023
20232022
Notes££
FIXED ASSETS
Tangible assets931,607500,495
CURRENT ASSETS
Debtors46,115-
Cash at bank and in hand12,9788,063
19,0938,063
CREDITORS: Amounts falling due within one year5540,550339,776
NET CURRENT LIABILITIES(521,457)(331,713)
TOTAL ASSETS LESS CURRENT LIABILITIES410,150168,782
CREDITORS: Amounts falling due after more than one year6409,000169,000
NET ASSETS / (LIABILITIES)1,150(218)
CAPITAL AND RESERVES
Called up share capital711
Profit and loss account1,149(219)
SHAREHOLDERS' FUNDS1,150(218)
For the year ending 30/04/2023 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 17/11/2023 and signed on their behalf by
.............................
Shalom Solomon
Director

Solomon Excel Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 30/04/2023
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Investment Properties
Investment properties are included in the financial statements at open market value. No depreciation is provided on such property in compliance with the Financial Reporting Standard for Smaller Entities. This departure from Companies Act requirements is necessary to show a true and fair view.
2. EMPLOYEES
20232022
No.No.
Average number of employees--
3. INVESTMENT PROPERTIES
Investment
PropertiesTotal
££
Fair value
At 01/05/2022500,495500,495
Additions431,112431,112
At 30/04/2023931,607931,607
4. DEBTORS 20232022
££
Amounts falling due within one year
Prepayments6,115-
6,115-

Solomon Excel Limited

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20232022
££
UK corporation tax269-
Other creditors539,501339,056
Accruals780720
540,550339,776
6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20232022
££
Bank loans (secured) >1yr409,000169,000
409,000169,000
7. SHARE CAPITAL 20232022
££
Allotted, issued and fully paid:
1 Ordinary shares of £1 each11
11
8. CONTROLLING PARTY
The company is contolled by Shalom Solomon, the director, by virtue of the fact that he holds 100% of the company's issued and called up, voting share capital.