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REGISTERED NUMBER: 08089944 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2023

FOR

EXPERIENCE APPLIED LIMITED

EXPERIENCE APPLIED LIMITED (REGISTERED NUMBER: 08089944)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


EXPERIENCE APPLIED LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2023







DIRECTORS: Ms A E Hinsley
S Thompson





REGISTERED OFFICE: 10 Beech Court
Wokingham Road
Hurst
Berkshire
RG1 0RQ





REGISTERED NUMBER: 08089944 (England and Wales)





ACCOUNTANTS: Vernon Gosling Friday Limited
10 Beech Court
Wokingham Road
Hurst
Berkshire
RG10 0RQ

EXPERIENCE APPLIED LIMITED (REGISTERED NUMBER: 08089944)

STATEMENT OF FINANCIAL POSITION
31 MAY 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,934 2,869

CURRENT ASSETS
Debtors 5 12,780 252
Cash at bank 10,903 10,829
23,683 11,081
CREDITORS
Amounts falling due within one year 6 27,355 16,744
NET CURRENT LIABILITIES (3,672 ) (5,663 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

262

(2,794

)

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 162 (2,894 )
SHAREHOLDERS' FUNDS 262 (2,794 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 January 2024 and were signed on its behalf by:





S Thompson - Director


EXPERIENCE APPLIED LIMITED (REGISTERED NUMBER: 08089944)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023

1. STATUTORY INFORMATION

Experience Applied 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 June 2022 4,744
Additions 2,015
At 31 May 2023 6,759
DEPRECIATION
At 1 June 2022 1,875
Charge for year 950
At 31 May 2023 2,825
NET BOOK VALUE
At 31 May 2023 3,934
At 31 May 2022 2,869

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 12,600 -
Other debtors 180 252
12,780 252

EXPERIENCE APPLIED LIMITED (REGISTERED NUMBER: 08089944)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 55 43
Taxation and social security 7,740 1,319
Other creditors 19,560 15,382
27,355 16,744