Company Registration No. 05592251 (England and Wales)
Ex-Ception UK Limited
Unaudited accounts
for the year ended 31 December 2023
Ex-Ception UK Limited
Unaudited accounts
Contents
Ex-Ception UK Limited
Company Information
for the year ended 31 December 2023
Directors
M I Davies
Mrs C Davies
Company Number
05592251 (England and Wales)
Registered Office
UNIT 6 WELLINGBOROUGH ROAD
SYWELL AERODROME
SYWELL
NORTHAMPTONSHIRE
NN6 0BN
Accountants
CJM Accounting Limited
Beacon Hill House
Bicknoller
Taunton
West Somerset
TA4 4ER
Ex-Ception UK Limited
Statement of financial position
as at 31 December 2023
Tangible assets
7,647
8,229
Cash at bank and in hand
152,688
99,596
Creditors: amounts falling due within one year
(53,621)
(92,884)
Net current assets
120,634
146,963
Total assets less current liabilities
128,281
155,192
Creditors: amounts falling due after more than one year
(19,622)
(31,327)
Net assets
108,659
123,865
Called up share capital
100
100
Profit and loss account
108,559
123,765
Shareholders' funds
108,659
123,865
For the year ending 31 December 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 12 July 2024 and were signed on its behalf by
M I Davies
Director
Company Registration No. 05592251
Ex-Ception UK Limited
Notes to the Accounts
for the year ended 31 December 2023
Ex-Ception UK Limited is a private company, limited by shares, registered in England and Wales, registration number 05592251. The registered office is UNIT 6 WELLINGBOROUGH ROAD, SYWELL AERODROME, SYWELL, NORTHAMPTONSHIRE, NN6 0BN.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of Value Added Tax, of goods and services supplied to customers during the year.
Tangible fixed assets are stated at cost less depreciation. Cost represents purchase price together with any incidental costs of acquisition.
Depreciation is calculated so as to write off the cost of an asset, net of any estimated residual value, over their expected useful economic lives as follows:
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
Fixtures & fittings
25% reducing balance
Computer equipment
33% straight line basis
Hire purchase commitments and operating lease agreements
Assets held under finance leases, which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet at their fair value and are depreciated over their useful lives. The capital elements of future obligations under the leases and hire purchase contracts are included as liabilities in the balance sheet.
The interest elements of the rental obligations are charged in the profit and loss account over the periods of the leases and hire purchase contracts and represent a constant proportion of the balance of capital repayments outstanding.
Rentals payable under operating leases are charged in the profit and loss account on a straight line basis over the lease term.
The company operates a defined contribution pension scheme. Contributions to the scheme are charged to the profit and loss account as they become payable in accordance with the rules of the scheme. The assets of the scheme are held separately from those of the company in an independently administered fund.
Ex-Ception UK Limited
Notes to the Accounts
for the year ended 31 December 2023
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 January 2023
33,845
54,315
8,687
96,847
At 31 December 2023
33,845
54,315
11,669
99,829
At 1 January 2023
27,437
52,495
8,686
88,618
Charge for the year
2,125
455
984
3,564
At 31 December 2023
29,562
52,950
9,670
92,182
At 31 December 2023
4,283
1,365
1,999
7,647
At 31 December 2022
6,408
1,820
1
8,229
Carrying values included above held under finance leases and hire purchase contracts:
£
£
- Plant & machinery
-
6,375
Amounts falling due within one year
Trade debtors
9,237
125,579
Accrued income and prepayments
12,330
13,382
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
10,648
10,648
Obligations under finance leases and hire purchase contracts
1,944
1,944
Trade creditors
9,751
18,202
Taxes and social security
18,433
49,630
Other creditors
11,895
11,560
7
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
4,536
6,480
Ex-Ception UK Limited
Notes to the Accounts
for the year ended 31 December 2023
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
The company operates a defined contribution pension scheme. The pension cost charge for the period represents contributions payable by the company to the scheme.
10
Average number of employees
During the year the average number of employees was 2 (2022: 2).