1 March 2022 false No description of principal activity Taxfiler 2023.10 10634392business:PrivateLimitedCompanyLtd2022-03-012023-02-28 106343922022-02-28 106343922022-03-012023-02-28 10634392business:AuditExempt-NoAccountantsReport2022-03-012023-02-28 10634392business:FilletedAccounts2022-03-012023-02-28 106343922023-02-28 10634392business:Director12022-03-012023-02-28 10634392business:RegisteredOffice2022-03-012023-02-28 106343922022-02-28 10634392core:WithinOneYear2023-02-28 10634392core:WithinOneYear2022-02-28 10634392core:ShareCapitalcore:PreviouslyStatedAmount2023-02-28 10634392core:ShareCapitalcore:PreviouslyStatedAmount2022-02-28 10634392core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-02-28 10634392core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-02-28 10634392core:PreviouslyStatedAmount2023-02-28 10634392core:PreviouslyStatedAmount2022-02-28 10634392business:SmallEntities2022-03-012023-02-28 10634392countries:EnglandWales2022-03-012023-02-28 10634392core:LandBuildings2022-03-012023-02-28 10634392core:PlantMachinery2022-03-012023-02-28 10634392core:LandBuildings2022-02-28 10634392core:LandBuildings2023-02-28 106343922021-03-012022-02-28 iso4217:GBP xbrli:pure
Company Registration No. 10634392 (England and Wales)
EXCLUSIVE REAL ESTATE LTD Unaudited accounts for the year ended 28 February 2023
EXCLUSIVE REAL ESTATE LTD Unaudited accounts Contents
Page
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EXCLUSIVE REAL ESTATE LTD Company Information for the year ended 28 February 2023
Director
Eric James MABANZA
Company Number
10634392 (England and Wales)
Registered Office
3 KEATS GARDENS TILBURY RM18 8DR UNITED KINGDOM
Accountants
381 Accountancy and Bookkeeping Services Ltd 30 Churchhill Place 10th Floor Office 104 Suite 10 London E14 5RE
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EXCLUSIVE REAL ESTATE LTD Statement of financial position as at 28 February 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
871,478 
581,966 
Current assets
Debtors
1,445 
1,445 
Cash at bank and in hand
1,375 
3,363 
2,820 
4,808 
Creditors: amounts falling due within one year
(865,186)
(579,252)
Net current liabilities
(862,366)
(574,444)
Net assets
9,112 
7,522 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
9,111 
7,521 
Shareholders' funds
9,112 
7,522 
For the year ending 28 February 2023 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 director acknowledges his 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 and authorised for issue on 27 November 2023 and were signed on its behalf by
Eric James MABANZA Director Company Registration No. 10634392
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EXCLUSIVE REAL ESTATE LTD Notes to the Accounts for the year ended 28 February 2023
1
Statutory information
EXCLUSIVE REAL ESTATE LTD is a private company, limited by shares, registered in England and Wales, registration number 10634392. The registered office is 3 KEATS GARDENS, TILBURY, RM18 8DR, 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:
Land & buildings
Over the Lease Term
Plant & machinery
Over 5 Years
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 1 March 2022
581,966 
Additions
289,512 
At 28 February 2023
871,478 
Depreciation
At 28 February 2023
- 
Net book value
At 28 February 2023
871,478 
At 28 February 2022
581,966 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
1,445 
1,445 
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EXCLUSIVE REAL ESTATE LTD Notes to the Accounts for the year ended 28 February 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
695,029 
407,665 
Amounts owed to group undertakings and other participating interests
- 
25,500 
Taxes and social security
2,011 
1,639 
Loans from directors
167,153 
144,406 
Accruals
993 
42 
865,186 
579,252 
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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