7 July 2022 false No description of principal activity Taxfiler 2023.15 14220015business:PrivateLimitedCompanyLtd2022-07-072023-07-31 142200152022-07-06 142200152022-07-072023-07-31 14220015business:AuditExempt-NoAccountantsReport2022-07-072023-07-31 14220015business:FilletedAccounts2022-07-072023-07-31 142200152023-07-31 14220015business:Director12022-07-072023-07-31 14220015business:Director22022-07-072023-07-31 14220015business:RegisteredOffice2022-07-072023-07-31 14220015core:WithinOneYear2023-07-31 14220015core:AfterOneYear2023-07-31 14220015core:ShareCapitalcore:PreviouslyStatedAmount2023-07-31 14220015core:RevaluationReservecore:PreviouslyStatedAmount2023-07-31 14220015core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-07-31 14220015core:PreviouslyStatedAmount2023-07-31 14220015business:SmallEntities2022-07-072023-07-31 14220015countries:EnglandWales2022-07-072023-07-31 iso4217:GBP xbrli:pure
Company Registration No. 14220015 (England and Wales)
Excite Properties Ltd Unaudited accounts for the period from 7 July 2022 to 31 July 2023
Excite Properties Ltd Unaudited accounts Contents
Page
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Excite Properties Ltd Company Information for the period from 7 July 2022 to 31 July 2023
Directors
Harriet Elizabeth Pluves Timothy Robert Pluves
Company Number
14220015 (England and Wales)
Registered Office
1 Duffield Road Derby DE1 3BB England
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Excite Properties Ltd Statement of financial position as at 31 July 2023
2023 
Notes
£ 
Fixed assets
Investment property
360,000 
Current assets
Debtors
138,372 
Cash at bank and in hand
49,922 
188,294 
Creditors: amounts falling due within one year
(184,007)
Net current assets
4,287 
Total assets less current liabilities
364,287 
Creditors: amounts falling due after more than one year
(319,979)
Net assets
44,308 
Capital and reserves
Called up share capital
100 
Revaluation reserve
71,894 
Profit and loss account
(27,686)
Shareholders' funds
44,308 
For the period ending 31 July 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.
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 3 April 2024 and were signed on its behalf by
Timothy Robert Pluves Director Company Registration No. 14220015
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Excite Properties Ltd Notes to the Accounts for the period from 7 July 2022 to 31 July 2023
1
Statutory information
Excite Properties Ltd is a private company, limited by shares, registered in England and Wales, registration number 14220015. The registered office is 1 Duffield Road, Derby, DE1 3BB, 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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and 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.
4
Investment property
2023 
£ 
Additions
283,410 
Net gain from fair value adjustments
76,590 
At 31 July 2023
360,000 
5
Debtors
2023 
£ 
Amounts falling due within one year
Other debtors
138,372 
6
Creditors: amounts falling due within one year
2023 
£ 
Loans from directors
182,687 
Accruals
1,320 
184,007 
7
Creditors: amounts falling due after more than one year
2023 
£ 
Bank loans
269,978 
Other creditors
50,001 
319,979 
8
Average number of employees
During the period the average number of employees was 1.
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