Company Registration No. 12264983 (England and Wales)
Exact Home & Leisure Limited
Unaudited accounts
for the year ended 31 October 2023
Exact Home & Leisure Limited
Unaudited accounts
Contents
Exact Home & Leisure Limited
Company Information
for the year ended 31 October 2023
Directors
Richard Edwards
Tracy Edwards
Company Number
12264983 (England and Wales)
Registered Office
277 WALKDEN ROAD
WORSLEY
MANCHESTER
M28 7FU
ENGLAND
Accountants
Xeinadin Group
Regent House
Folds Road
Bolton
BL1 2RZ
Exact Home & Leisure Limited
Statement of financial position
as at 31 October 2023
Tangible assets
3,712
4,950
Cash at bank and in hand
6,611
14,442
Creditors: amounts falling due within one year
(24,971)
(22,671)
Net current assets
12,195
13,771
Total assets less current liabilities
15,907
18,721
Creditors: amounts falling due after more than one year
(3,195)
(5,182)
Called up share capital
100
100
Profit and loss account
12,612
13,439
Shareholders' funds
12,712
13,539
For the year ending 31 October 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 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 the year 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 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 1 February 2024 and were signed on its behalf by
Richard Edwards
Director
Company Registration No. 12264983
Exact Home & Leisure Limited
Notes to the Accounts
for the year ended 31 October 2023
Exact Home & Leisure Limited is a private company, limited by shares, registered in England and Wales, registration number 12264983. The registered office is 277 WALKDEN ROAD, WORSLEY, MANCHESTER, M28 7FU, ENGLAND.
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 year, 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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Motor vehicles
25% reducing balance
4
Tangible fixed assets
Total
Exact Home & Leisure Limited
Notes to the Accounts
for the year ended 31 October 2023
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
6
Average number of employees
During the year the average number of employees was 2 (2022: 2).