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REGISTERED NUMBER: 07474655 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

EXECSOLUTIONS LIMITED

EXECSOLUTIONS LIMITED (REGISTERED NUMBER: 07474655)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


EXECSOLUTIONS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTOR: S Alias





REGISTERED OFFICE: 3rd Floor
21 Perrymount Road
Haywards Heath
West Sussex
RH16 3TP





REGISTERED NUMBER: 07474655 (England and Wales)





ACCOUNTANTS: Galloways Accounting
Atlas Chambers
33 West Street
Brighton
East Sussex
BN1 2RE

EXECSOLUTIONS LIMITED (REGISTERED NUMBER: 07474655)

BALANCE SHEET
31 DECEMBER 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 4 7,336 5,925

CURRENT ASSETS
Debtors 5 15,156 18,594
Cash at bank 90,901 58,956
106,057 77,550
CREDITORS
Amounts falling due within one year 6 (41,687 ) (27,854 )
NET CURRENT ASSETS 64,370 49,696
TOTAL ASSETS LESS CURRENT
LIABILITIES

71,706

55,621

PROVISIONS FOR LIABILITIES 7 (1,394 ) (1,126 )
NET ASSETS 70,312 54,495

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 70,311 54,494
70,312 54,495

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 19 March 2024 and were signed by:





S Alias - Director


EXECSOLUTIONS LIMITED (REGISTERED NUMBER: 07474655)

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


1. STATUTORY INFORMATION

ExecSolutions 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.

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.

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

Turnover from services is recognised based on stage of completion, as those services are provided.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Fixtures and fittings - 20% on cost
Computer equipment - 20% on cost

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.

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 ) .

EXECSOLUTIONS LIMITED (REGISTERED NUMBER: 07474655)

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


4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 January 2023 2,768 13,374 16,142
Additions 340 5,993 6,333
Disposals (140 ) (5,410 ) (5,550 )
At 31 December 2023 2,968 13,957 16,925
DEPRECIATION
At 1 January 2023 1,458 8,759 10,217
Charge for year 621 2,963 3,584
Eliminated on disposal (140 ) (4,072 ) (4,212 )
At 31 December 2023 1,939 7,650 9,589
NET BOOK VALUE
At 31 December 2023 1,029 6,307 7,336
At 31 December 2022 1,310 4,615 5,925

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 15,156 18,594

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Taxation and social security 41,278 27,621
Other creditors 409 233
41,687 27,854

7. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax 1,394 1,126

Deferred
tax
£   
Balance at 1 January 2023 1,126
Movement in year 268
Balance at 31 December 2023 1,394

8. ULTIMATE CONTROLLING PARTY

During the year, the company was under the control of Mr S Alias, the director and sole shareholder of the company.