1 January 2023 false No description of principal activity Taxfiler 2024.5 07448839business:PrivateLimitedCompanyLtd2023-01-012023-12-31 074488392022-12-31 074488392023-01-012023-12-31 07448839business:AuditExempt-NoAccountantsReport2023-01-012023-12-31 07448839business:FilletedAccounts2023-01-012023-12-31 074488392023-12-31 074488392022-12-31 07448839core:WithinOneYear2023-12-31 07448839core:WithinOneYear2022-12-31 07448839core:AfterOneYear2023-12-31 07448839core:AfterOneYear2022-12-31 07448839core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 07448839core:ShareCapitalcore:PreviouslyStatedAmount2022-12-31 07448839core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 07448839core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-12-31 07448839core:PreviouslyStatedAmount2023-12-31 07448839core:PreviouslyStatedAmount2022-12-31 07448839business:SmallEntities2023-01-012023-12-31 07448839business:Director12023-01-012023-12-31 07448839countries:EnglandWales2023-01-012023-12-31 07448839business:RegisteredOffice2023-01-012023-12-31 07448839core:ComputerEquipment2023-01-012023-12-31 07448839core:Goodwill2022-12-31 07448839core:IntangibleAssetsOtherThanGoodwill2022-12-31 07448839core:Goodwill2023-12-31 07448839core:IntangibleAssetsOtherThanGoodwill2023-12-31 07448839core:Goodwill2023-01-012023-12-31 07448839core:IntangibleAssetsOtherThanGoodwill2023-01-012023-12-31 07448839core:PlantMachinery2022-12-31 07448839core:PlantMachinery2023-01-012023-12-31 07448839core:PlantMachinery2023-12-31 07448839core:AcceleratedTaxDepreciationDeferredTax2023-12-31 07448839core:AcceleratedTaxDepreciationDeferredTax2022-12-31 074488392021-12-31 074488392022-01-012022-12-31 iso4217:GBP xbrli:pure
Company Registration No. 07448839 (England and Wales)
THE EXCEDIA GROUP LTD Unaudited accounts for the year ended 31 December 2023
THE EXCEDIA GROUP LTD Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
1,474 
1,965 
Tangible assets
8,102 
7,707 
9,576 
9,672 
Current assets
Debtors
68,061 
55,809 
Cash at bank and in hand
124,885 
120,282 
192,946 
176,091 
Creditors: amounts falling due within one year
(51,395)
(63,180)
Net current assets
141,551 
112,911 
Total assets less current liabilities
151,127 
122,583 
Creditors: amounts falling due after more than one year
(32,145)
(38,102)
Provisions for liabilities
Deferred tax
(1,792)
(1,687)
Net assets
117,190 
82,794 
Capital and reserves
Called up share capital
120 
120 
Profit and loss account
117,070 
82,674 
Shareholders' funds
117,190 
82,794 
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 19 August 2024 and were signed on its behalf by
Heather Townsend Director Company Registration No. 07448839
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THE EXCEDIA GROUP LTD Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
THE EXCEDIA GROUP LTD is a private company, limited by shares, registered in England and Wales, registration number 07448839. The registered office is UNIT A, ANGEL BUSINESS CENTRE, 1 LUTON R, TODDINGTON, DUNSTABLE, BEDFORDSHIRE, LU5 6DE, ENGLAND.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
25% reducing balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
Other 
Total 
£ 
£ 
£ 
Cost
At 1 January 2023
20,000 
6,290 
26,290 
At 31 December 2023
20,000 
6,290 
26,290 
Amortisation
At 1 January 2023
20,000 
4,325 
24,325 
Charge for the year
491 
- 
491 
At 31 December 2023
20,491 
4,325 
24,816 
Net book value
At 31 December 2023
(491)
1,965 
1,474 
At 31 December 2022
- 
1,965 
1,965 
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THE EXCEDIA GROUP LTD Notes to the Accounts for the year ended 31 December 2023
5
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 January 2023
21,670 
Additions
3,420 
At 31 December 2023
25,090 
Depreciation
At 1 January 2023
13,963 
Charge for the year
3,025 
At 31 December 2023
16,988 
Net book value
At 31 December 2023
8,102 
At 31 December 2022
7,707 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
18,563 
6,378 
Amounts due from group undertakings etc.
43,538 
43,372 
Accrued income and prepayments
5,960 
6,059 
68,061 
55,809 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
6,453 
6,690 
VAT
16,693 
25,467 
Trade creditors
510 
2,085 
Taxes and social security
23,776 
24,408 
Proposed dividends
184 
250 
Other creditors
2,133 
1,282 
Loans from directors
546 
373 
Accruals
1,100 
900 
Deferred income
- 
1,725 
51,395 
63,180 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
32,145 
38,102 
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THE EXCEDIA GROUP LTD Notes to the Accounts for the year ended 31 December 2023
9
Deferred taxation
2023 
2022 
£ 
£ 
Accelerated capital allowances
1,792 
1,687 
2023 
2022 
£ 
£ 
Provision at start of year
1,687 
- 
Charged to the profit and loss account
105 
1,687 
Provision at end of year
1,792 
1,687 
10
Average number of employees
During the year the average number of employees was 9 (2022: 9).
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