Company Registration No. 07438833 (England and Wales)
The Experience Machine Ltd
Unaudited accounts
for the period from 1 November 2021 to 30 November 2022
The Experience Machine Ltd
Unaudited accounts
Contents
The Experience Machine Ltd
Company Information
for the period from 1 November 2021 to 30 November 2022
Directors
C Davenport
C Pearson
Company Number
07438833 (England and Wales)
Registered Office
Soho Works - Unit 4.07
The Tea Building, 56 Shoreditch High St
London
E1 6JJ
Accountants
Brian Pinder-Ayres Limited
202 Regency House
91 Western Road
Brighton
East Sussex
BN1 2LB
The Experience Machine Ltd
Statement of financial position
as at 30 November 2022
Tangible assets
9,032
8,726
Cash at bank and in hand
32,935
78,109
Creditors: amounts falling due within one year
(45,277)
(66,695)
Net current assets
14,918
88,289
Total assets less current liabilities
23,950
97,015
Creditors: amounts falling due after more than one year
(37,950)
(50,000)
Net (liabilities)/assets
(14,000)
47,015
Called up share capital
1
1
Profit and loss account
(14,001)
47,014
Shareholders' funds
(14,000)
47,015
For the period ending 30 November 2022 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 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 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 of Directors and authorised for issue on 31 October 2023 and were signed on its behalf by
C Davenport
Director
Company Registration No. 07438833
The Experience Machine Ltd
Notes to the Accounts
for the period from 1 November 2021 to 30 November 2022
The Experience Machine Ltd is a private company, limited by shares, registered in England and Wales, registration number 07438833. The registered office is Soho Works - Unit 4.07, The Tea Building, 56 Shoreditch High St, London, E1 6JJ.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Plant & machinery
Straight line over four years
4
Tangible fixed assets
Computer equipment
At 30 November 2022
63,249
Charge for the period
13,242
At 30 November 2022
54,217
Amounts falling due within one year
Trade debtors
26,079
75,694
The Experience Machine Ltd
Notes to the Accounts
for the period from 1 November 2021 to 30 November 2022
6
Creditors: amounts falling due within one year
2022
2021
Taxes and social security
28,700
40,364
Other creditors
1,050
1,050
Loans from directors
15,527
25,281
7
Creditors: amounts falling due after more than one year
2022
2021
8
Average number of employees
During the period the average number of employees was 2 (2021: 2).