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Company Registration No. 06712018 (England and Wales)
Exnics Ltd Unaudited accounts for the year ended 31 October 2023
Exnics Ltd Annual report and unaudited accounts for the year ended 31 October 2023
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Exnics Ltd Company Information for the year ended 31 October 2023
Director
Stuart Ellison
Company Number
06712018 (England and Wales)
Registered Office
71-75 Shelton Street Covent Garden London WC2H 9JQ
Accountants
Barnes & Scott 86-90 Paul Street Shoreditch London EC2A 4NE
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Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Exnics Ltd for the year ended 31 October 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Exnics Ltd for the year ended 31 October 2023 as set out on pages 5 - 5 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
This report is made solely to the Board of Directors of Exnics Ltd, as a body, in accordance with the terms of our engagement letter dated 10 October 2018. Our work has been undertaken solely to prepare for your approval the accounts of Exnics Ltd and state those matters that we have agreed to state to the Board of Directors of Exnics Ltd, as a body, in this report in accordance with AAF 07/16 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Exnics Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Exnics Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Exnics Ltd. You consider that Exnics Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Exnics Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Barnes & Scott Chartered Accountants 86-90 Paul Street Shoreditch London EC2A 4NE 29 July 2024
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Exnics Ltd Statement of Financial Position as at 31 October 2023
2023 
2022 
£ 
£ 
Fixed assets
89,366 
110,282 
Current assets
9,154 
34,145 
Creditors: amounts falling due within one year
4,653 
(4,711)
Net current assets
13,807 
29,434 
Total assets less current liabilities
103,173 
139,716 
Creditors: amounts falling due after more than one year
(68,370)
(40,393)
Accruals and deferred income
(4,122)
(102,964)
Net assets/(net liabilities)
30,681 
(3,641)
Capital and reserves
30,681 
(3,641)
NOTES TO THE ACCOUNTS
1 Statutory information
Exnics Ltd is a private company, limited by shares, registered in England and Wales, registration number 06712018. The registered office is 71-75 Shelton Street, Covent Garden, London, WC2H 9JQ.
2 Average number of employees
During the year the average number of employees was 2 (2022: 4).
For the year ending 31 October 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and FRS 105, The Financial Reporting Standard applicable to the Micro-entities Regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the board on 29 July 2024
Stuart Ellison Director Company Registration No. 06712018
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