0 false false false false false false false false false true false false false false true false No description of principal activity 2022-10-01 Sage Accounts Production Advanced 2021 - FRS102_2021 5,000 5,000 5,000 xbrli:pure xbrli:shares iso4217:GBP NI672894 2022-10-01 2023-09-30 NI672894 2023-09-30 NI672894 2022-09-30 NI672894 bus:RegisteredOffice 2022-10-01 2023-09-30 NI672894 bus:OrdinaryShareClass1 2022-10-01 2023-09-30 NI672894 bus:Director1 2022-10-01 2023-09-30 NI672894 core:WithinOneYear 2023-09-30 NI672894 core:WithinOneYear 2022-09-30 NI672894 core:ShareCapital 2023-09-30 NI672894 core:ShareCapital 2022-09-30 NI672894 core:CostValuation core:Non-currentFinancialInstruments 2023-09-30 NI672894 core:Non-currentFinancialInstruments 2023-09-30 NI672894 core:Non-currentFinancialInstruments 2022-09-30 NI672894 bus:SmallEntities 2022-10-01 2023-09-30 NI672894 bus:AuditExemptWithAccountantsReport 2022-10-01 2023-09-30 NI672894 bus:FullAccounts 2022-10-01 2023-09-30 NI672894 bus:SmallCompaniesRegimeForDirectorsReport 2022-10-01 2023-09-30 NI672894 bus:PrivateLimitedCompanyLtd 2022-10-01 2023-09-30 NI672894 bus:OrdinaryShareClass1 2023-09-30 NI672894 bus:OrdinaryShareClass1 2022-09-30
COMPANY REGISTRATION NUMBER: NI672894
EXCITONIUM VENTURES LIMITED
Unaudited Financial Statements
30 September 2023
EXCITONIUM VENTURES LIMITED
Director's Report
Year ended 30 September 2023
The director presents his report and the unaudited financial statements of the company for the year ended 30 September 2023 .
Director
The director who served the company during the year was as follows:
Mr K Devlin
Small company provisions
This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
This report was approved by the board of directors on 24 April 2024 and signed on behalf of the board by:
Mr K Devlin
Director
Registered office:
68 Braniel Road
Lisburn
Northern Ireland
BT27 5JJ
EXCITONIUM VENTURES LIMITED
Statement of Financial Position
30 September 2023
2023
2022
Note
£
£
Fixed assets
Investments
4
5,000
5,000
Current assets
Cash at bank and in hand
3
3
Creditors: amounts falling due within one year
5
4,003
4,003
-------
-------
Net current liabilities
4,000
4,000
-------
-------
Total assets less current liabilities
1,000
1,000
-------
-------
Capital and reserves
Called up share capital
6
1,000
1,000
-------
-------
Shareholders funds
1,000
1,000
-------
-------
For the year ending 30 September 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
These financial statements were approved by the board of directors and authorised for issue on 24 April 2024 , and are signed on behalf of the board by:
Mr K Devlin
Director
Company registration number: NI672894
EXCITONIUM VENTURES LIMITED
Notes to the Financial Statements
Year ended 30 September 2023
1. General information
The company is a private company limited by shares, registered in Northern Ireland. The address of the registered office is 68 Braniel Road, Lisburn, BT27 5JJ, Northern Ireland.
2. Statement of compliance
These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.
Investments in associates
Investments in associates accounted for in accordance with the cost model are recorded at cost less any accumulated impairment losses. Investments in associates accounted for in accordance with the fair value model are initially recorded at the transaction price. At each reporting date, the investments are measured at fair value, with changes in fair value recognised in other comprehensive income/profit or loss. Where it is impracticable to measure fair value reliably without undue cost or effort, the cost model will be adopted. Dividends and other distributions received from the investment are recognised as income without regard to whether the distributions are from accumulated profits of the associate arising before or after the date of acquisition.
4. Investments
Other investments other than loans
£
Cost
At 1 October 2022 and 30 September 2023
5,000
-------
Impairment
At 1 October 2022 and 30 September 2023
-------
Carrying amount
At 30 September 2023
5,000
-------
At 30 September 2022
5,000
-------
5. Creditors: amounts falling due within one year
2023
2022
£
£
Director loan accounts
4,003
4,003
-------
-------
6. Called up share capital
Issued, called up and fully paid
2023
2022
No.
£
No.
£
Ordinary shares of £ 1 each
1,000
1,000
1,000
1,000
-------
-------
-------
-------
7. Controlling party
The company is under the control of Mr Karl Devlin, who is the sole shareholder and director of the company.