Silverfin false 30/04/2023 01/05/2022 30/04/2023 Mr C J Harrill 01/05/2021 Mrs K M Harrill 13/04/1992 Mrs E L Hickson Mr A P F Stephens 13/04/1992 Mrs E M Stephens 10/02/2016 24 November 2023 The principal activity of the company is the management of property. 02706391 2023-04-30 02706391 bus:Director1 2023-04-30 02706391 bus:Director2 2023-04-30 02706391 bus:Director4 2023-04-30 02706391 bus:Director5 2023-04-30 02706391 2022-04-30 02706391 core:CurrentFinancialInstruments 2023-04-30 02706391 core:CurrentFinancialInstruments 2022-04-30 02706391 core:ShareCapital 2023-04-30 02706391 core:ShareCapital 2022-04-30 02706391 core:OtherCapitalReserve 2023-04-30 02706391 core:OtherCapitalReserve 2022-04-30 02706391 core:RetainedEarningsAccumulatedLosses 2023-04-30 02706391 core:RetainedEarningsAccumulatedLosses 2022-04-30 02706391 core:FurnitureFittings 2022-04-30 02706391 core:OfficeEquipment 2022-04-30 02706391 core:FurnitureFittings 2023-04-30 02706391 core:OfficeEquipment 2023-04-30 02706391 bus:OrdinaryShareClass1 2023-04-30 02706391 bus:OrdinaryShareClass2 2023-04-30 02706391 bus:OrdinaryShareClass3 2023-04-30 02706391 bus:OrdinaryShareClass4 2023-04-30 02706391 bus:OrdinaryShareClass5 2023-04-30 02706391 2022-05-01 2023-04-30 02706391 bus:FullAccounts 2022-05-01 2023-04-30 02706391 bus:SmallEntities 2022-05-01 2023-04-30 02706391 bus:AuditExemptWithAccountantsReport 2022-05-01 2023-04-30 02706391 bus:PrivateLimitedCompanyLtd 2022-05-01 2023-04-30 02706391 bus:Director1 2022-05-01 2023-04-30 02706391 bus:Director2 2022-05-01 2023-04-30 02706391 bus:Director3 2022-05-01 2023-04-30 02706391 bus:Director4 2022-05-01 2023-04-30 02706391 bus:Director5 2022-05-01 2023-04-30 02706391 core:FurnitureFittings 2022-05-01 2023-04-30 02706391 core:FurnitureFittings core:TopRangeValue 2022-05-01 2023-04-30 02706391 core:OfficeEquipment core:TopRangeValue 2022-05-01 2023-04-30 02706391 2021-05-01 2022-04-30 02706391 core:OfficeEquipment 2022-05-01 2023-04-30 02706391 bus:OrdinaryShareClass1 2022-05-01 2023-04-30 02706391 bus:OrdinaryShareClass1 2021-05-01 2022-04-30 02706391 bus:OrdinaryShareClass2 2022-05-01 2023-04-30 02706391 bus:OrdinaryShareClass2 2021-05-01 2022-04-30 02706391 bus:OrdinaryShareClass3 2022-05-01 2023-04-30 02706391 bus:OrdinaryShareClass3 2021-05-01 2022-04-30 02706391 bus:OrdinaryShareClass4 2022-05-01 2023-04-30 02706391 bus:OrdinaryShareClass4 2021-05-01 2022-04-30 02706391 bus:OrdinaryShareClass5 2022-05-01 2023-04-30 02706391 bus:OrdinaryShareClass5 2021-05-01 2022-04-30 iso4217:GBP xbrli:pure xbrli:shares

Company No: 02706391 (England and Wales)

EXCALIBUR MANAGEMENT SERVICES LIMITED

Unaudited Financial Statements
For the financial year ended 30 April 2023
Pages for filing with the registrar

EXCALIBUR MANAGEMENT SERVICES LIMITED

Unaudited Financial Statements

For the financial year ended 30 April 2023

Contents

EXCALIBUR MANAGEMENT SERVICES LIMITED

COMPANY INFORMATION

For the financial year ended 30 April 2023
EXCALIBUR MANAGEMENT SERVICES LIMITED

COMPANY INFORMATION (continued)

For the financial year ended 30 April 2023
DIRECTORS Mr C J Harrill
Mrs K M Harrill
Mrs E L Hickson
Mr A P F Stephens
Mrs E M Stephens
SECRETARY Mrs K M Harrill
REGISTERED OFFICE Sigma House Oak View Close
Edginswell Park
Torquay
TQ2 7FF
United Kingdom
COMPANY NUMBER 02706391 (England and Wales)
CHARTERED ACCOUNTANTS Francis Clark LLP
Sigma House
Oak View Close
Edginswell Park
Torquay
TQ2 7FF
EXCALIBUR MANAGEMENT SERVICES LIMITED

BALANCE SHEET

As at 30 April 2023
EXCALIBUR MANAGEMENT SERVICES LIMITED

BALANCE SHEET (continued)

As at 30 April 2023
Note 2023 2022
£ £
Fixed assets
Tangible assets 3 14,131 16,099
Investment property 4 500,000 500,000
514,131 516,099
Current assets
Debtors 5 496 835
Cash at bank and in hand 41,481 58,835
41,977 59,670
Creditors: amounts falling due within one year 6 ( 21,605) ( 22,905)
Net current assets 20,372 36,765
Total assets less current liabilities 534,503 552,864
Provision for liabilities ( 55,809) ( 42,789)
Net assets 478,694 510,075
Capital and reserves
Called-up share capital 7 104 104
Other reserves 296,985 296,985
Profit and loss account 181,605 212,986
Total shareholders' funds 478,694 510,075

For the financial year ending 30 April 2023 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements of Excalibur Management Services Limited (registered number: 02706391) were approved and authorised for issue by the Board of Directors on 24 November 2023. They were signed on its behalf by:

Mrs K M Harrill
Director
EXCALIBUR MANAGEMENT SERVICES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 April 2023
EXCALIBUR MANAGEMENT SERVICES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 April 2023
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Excalibur Management Services Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales.

The address of the Company's registered office is:
Sigma House
Oak View Close
Edginswell Park
Torquay
Devon
TQ2 7FF
United Kingdom

The principal place of business is:
The Old Chapel
Greenbottom
Truro
Cornwall
TR4 8QP
United Kingdom

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the company and rounded to the nearest £.

Turnover

Turnover represents rental income and income from property management services excluding value added tax.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on tax rates and laws substantively enacted at the balance sheet date. Deferred tax assets and liabilities are not discounted.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a [straight-line, reducing balance] basis over its expected useful life, as follows:

Fixtures and fittings 20 % reducing balance
20 years straight line
Office equipment 3 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Investment property

Investment property is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at each reporting date with changes in fair value recognised in profit or loss. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

2. Employees

2023 2022
Number Number
Monthly average number of persons employed by the Company during the year, including directors 0 0

3. Tangible assets

Fixtures and fittings Office equipment Total
£ £ £
Cost
At 01 May 2022 41,812 5,132 46,944
Disposals 0 ( 5,132) ( 5,132)
At 30 April 2023 41,812 0 41,812
Accumulated depreciation
At 01 May 2022 25,713 5,132 30,845
Charge for the financial year 1,968 0 1,968
Disposals 0 ( 5,132) ( 5,132)
At 30 April 2023 27,681 0 27,681
Net book value
At 30 April 2023 14,131 0 14,131
At 30 April 2022 16,099 0 16,099

4. Investment property

Investment property
£
Valuation
As at 01 May 2022 500,000
As at 30 April 2023 500,000

There has been no valuation of investment property by an independent valuer during the year. The directors believe that the market value of investment property has not materially changed from that shown at the date of it's last valuation from an external valuer, on 8 February 2020.

5. Debtors

2023 2022
£ £
Prepayments and accrued income 494 833
Other debtors 2 2
496 835

6. Creditors: amounts falling due within one year

2023 2022
£ £
Accruals and deferred income 2,199 4,271
Corporation tax 10,326 8,566
Other taxation and social security 3,057 3,409
Other creditors 6,023 6,659
21,605 22,905

7. Called-up share capital

2023 2022
£ £
Allotted, called-up and fully-paid
100 Ordinary shares of £ 1.00 each 100 100
1 Ordinary A share of £ 1.00 1 1
1 Ordinary B share of £ 1.00 1 1
1 Ordinary C share of £ 1.00 1 1
1 Ordinary D share of £ 1.00 1 1
104 104