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REGISTERED NUMBER: 04599579 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2023

FOR

EXCEL INSTALLATIONS LIMITED

EXCEL INSTALLATIONS LIMITED (REGISTERED NUMBER: 04599579)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


EXCEL INSTALLATIONS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2023







DIRECTORS: Mrs K Harris
M J Harris





SECRETARY: Mrs K Harris





REGISTERED OFFICE: 17 Leafy Way
Hutton
Brentwood
Essex
CM13 2QW





REGISTERED NUMBER: 04599579 (England and Wales)





ACCOUNTANTS: Greenaway Chartered Accountants
150 High Street
Sevenoaks
Kent
TN13 1XE

EXCEL INSTALLATIONS LIMITED (REGISTERED NUMBER: 04599579)

BALANCE SHEET
30 NOVEMBER 2023

30/11/23 30/11/22
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 7,112 9,337

CURRENT ASSETS
Debtors 5 168,056 181,846
Cash at bank 230,008 113,301
398,064 295,147
CREDITORS
Amounts falling due within one year 6 206,710 104,884
NET CURRENT ASSETS 191,354 190,263
TOTAL ASSETS LESS CURRENT
LIABILITIES

198,466

199,600

CREDITORS
Amounts falling due after more than one
year

7

(123,643

)

(149,402

)

PROVISIONS FOR LIABILITIES (1,351 ) (1,774 )
NET ASSETS 73,472 48,424

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 73,470 48,422
SHAREHOLDERS' FUNDS 73,472 48,424

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

EXCEL INSTALLATIONS LIMITED (REGISTERED NUMBER: 04599579)

BALANCE SHEET - continued
30 NOVEMBER 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 February 2024 and were signed on its behalf by:




M J Harris - Director



Mrs K Harris - Director


EXCEL INSTALLATIONS LIMITED (REGISTERED NUMBER: 04599579)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

1. STATUTORY INFORMATION

Excel Installations Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents net invoiced sales of goods and services, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant period. The capital element of the future payments is treated as a liability.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 3 ) .

EXCEL INSTALLATIONS LIMITED (REGISTERED NUMBER: 04599579)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£
COST
At 1 December 2022 26,042
Additions 144
At 30 November 2023 26,186
DEPRECIATION
At 1 December 2022 16,705
Charge for year 2,369
At 30 November 2023 19,074
NET BOOK VALUE
At 30 November 2023 7,112
At 30 November 2022 9,337

Included in the net book value is £5,801 relating to assets held under hire purchase (2022 £7,735). The depreciation charge for these assets during the year amounted to £1,934 (2022 £2,578).

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/11/23 30/11/22
£ £
Trade debtors 112,470 156,161
Other debtors 55,586 25,685
168,056 181,846

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/11/23 30/11/22
£ £
Bank loans and overdrafts 43,344 20,441
Hire purchase contracts 2,750 2,750
Trade creditors 38,101 20,780
Taxation and social security 94,529 53,398
Other creditors 27,986 7,515
206,710 104,884

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30/11/23 30/11/22
£ £
Bank loans 118,372 141,381
Hire purchase contracts 5,271 8,021
123,643 149,402

EXCEL INSTALLATIONS LIMITED (REGISTERED NUMBER: 04599579)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
30/11/23 30/11/22
£ £
Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal - 30,484

8. SECURED DEBTS

The loans are secured by a personal guarantee given by both directors.

9. ULTIMATE CONTROLLING PARTY

The company is jointly controlled by the directors.