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REGISTERED NUMBER: 08789822 (England and Wales)















Financial Statements for the Year Ended 29 September 2023

for

Exceed Global Ltd

Exceed Global Ltd (Registered number: 08789822)






Contents of the Financial Statements
for the Year Ended 29 September 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Exceed Global Ltd

Company Information
for the Year Ended 29 September 2023







DIRECTOR: Ms S Aspinall





REGISTERED OFFICE: 116 Duke Street
Liverpool
Merseyside
L1 5JW





REGISTERED NUMBER: 08789822 (England and Wales)





ACCOUNTANTS: Cobham Murphy
116 Duke Street
Liverpool
Merseyside
L1 5JW

Exceed Global Ltd (Registered number: 08789822)

Balance Sheet
29 September 2023

29.9.23 29.9.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Property, plant and equipment 5 345 1,074
Investments 6 10,033 8,940
10,378 10,014

CURRENT ASSETS
Debtors 7 149,111 144,435
Cash at bank 210,063 458,288
359,174 602,723
CREDITORS
Amounts falling due within one year 8 369,445 509,781
NET CURRENT (LIABILITIES)/ASSETS (10,271 ) 92,942
TOTAL ASSETS LESS CURRENT
LIABILITIES

107

102,956

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 7 102,856
SHAREHOLDERS' FUNDS 107 102,956

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 September 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

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 director and authorised for issue on 24 April 2024 and were signed by:



Ms S Aspinall - Director


Exceed Global Ltd (Registered number: 08789822)

Notes to the Financial Statements
for the Year Ended 29 September 2023

1. STATUTORY INFORMATION

Exceed Global Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 as modified by the revaluation of certain assets.

These financial statements have been prepared in accordance with Financial Reporting Standard 102 ''The Financial Reporting Standard in the UK and Republic of Ireland'' including provisions of Section 1A ''Small Entities'' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention and prepared on a going concern basis, management have determined the Covid - 19 pandemic is not expected to have significant impact on the entity's ability to continue as a going concern.

Significant judgements and estimates
There are no judgements (apart from those involving estimates) that have had a significant effect on amounts recognised in the financial statements. Management have determined the Covid - 19 pandemic is not expected to have significant impact on the entity's ability to continue as a going concern.

Turnover
Turnover is recognised on the completion of service and represents net invoiced sales excluding VAT.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Development costs are being amortised evenly over their estimated useful life of nil years.

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 - 33% on cost

Financial instruments
Intercompany loans (being repayable on demand), trade debtors and trade creditors are measured at the undiscounted amount of the cash or other consideration expected to be paid or received.

Financial assets that are measured at amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit and loss.

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.


Exceed Global Ltd (Registered number: 08789822)

Notes to the Financial Statements - continued
for the Year Ended 29 September 2023

2. ACCOUNTING POLICIES - continued
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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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 1 (2022 - 1 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 30 September 2022
and 29 September 2023 125,543
AMORTISATION
At 30 September 2022
and 29 September 2023 125,543
NET BOOK VALUE
At 29 September 2023 -
At 29 September 2022 -

Exceed Global Ltd (Registered number: 08789822)

Notes to the Financial Statements - continued
for the Year Ended 29 September 2023

5. PROPERTY, PLANT AND EQUIPMENT
Plant and
machinery
etc
£   
COST
At 30 September 2022
and 29 September 2023 13,317
DEPRECIATION
At 30 September 2022 12,243
Charge for year 729
At 29 September 2023 12,972
NET BOOK VALUE
At 29 September 2023 345
At 29 September 2022 1,074

6. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 30 September 2022 8,940
Additions 9,566
Disposals (9,566 )
Revaluations 1,093
At 29 September 2023 10,033
NET BOOK VALUE
At 29 September 2023 10,033
At 29 September 2022 8,940

Cost or valuation at 29 September 2023 is represented by:

Other
investments
£   
Valuation in 2023 10,033

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.9.23 29.9.22
£    £   
Trade debtors 9,590 9,590
Other debtors 139,521 134,845
149,111 144,435

Exceed Global Ltd (Registered number: 08789822)

Notes to the Financial Statements - continued
for the Year Ended 29 September 2023

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.9.23 29.9.22
£    £   
Trade creditors 2,349 1,511
Taxation and social security 19,516 -
Other creditors 347,580 508,270
369,445 509,781