Company Registration No. 08597800 (England and Wales)
Excel Granite and Marble Limited
Unaudited accounts
for the year ended 30 June 2024
Excel Granite and Marble Limited
Unaudited accounts
Contents
Excel Granite and Marble Limited
Company Information
for the year ended 30 June 2024
Directors
Michael Gilani
Emma Zouhbi
Company Number
08597800 (England and Wales)
Registered Office
Bradford Road
Winsford
Cheshire
CW7 2PD
Accountants
Hynes Brothers Limited
1 Hough Cottage, Hough Lane
Comberbach
Northwich
Cheshire
CW9 6AN
Excel Granite and Marble Limited
Statement of financial position
as at 30 June 2024
Tangible assets
458,006
464,830
Cash at bank and in hand
127,967
49,776
Creditors: amounts falling due within one year
(199,004)
(161,339)
Net current assets
336,001
317,875
Total assets less current liabilities
834,007
822,705
Creditors: amounts falling due after more than one year
(39,465)
(85,067)
Net assets
794,542
737,638
Called up share capital
100
100
Profit and loss account
794,442
737,538
Shareholders' funds
794,542
737,638
For the year ending 30 June 2024 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 14 August 2024 and were signed on its behalf by
Emma Zouhbi
Director
Company Registration No. 08597800
Excel Granite and Marble Limited
Notes to the Accounts
for the year ended 30 June 2024
Excel Granite and Marble Limited is a private company, limited by shares, registered in England and Wales, registration number 08597800. The registered office is Bradford Road, Winsford, Cheshire, CW7 2PD.
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.
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:
Plant & machinery
10% reducing balance
Motor vehicles
25% reducing balance
Fixtures & fittings
10% reducing balance
Computer equipment
10% reducing balance
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At cost
At 1 July 2023
180,892
424,808
100,195
27,065
16,220
749,180
Additions
-
28,380
-
-
1,430
29,810
At 30 June 2024
180,892
453,188
100,195
27,065
17,650
778,990
At 1 July 2023
-
209,384
65,133
2,706
7,127
284,350
Charge for the year
-
24,380
8,766
2,436
1,052
36,634
At 30 June 2024
-
233,764
73,899
5,142
8,179
320,984
At 30 June 2024
180,892
219,424
26,296
21,923
9,471
458,006
At 30 June 2023
180,892
215,424
35,062
24,359
9,093
464,830
Excel Granite and Marble Limited
Notes to the Accounts
for the year ended 30 June 2024
5
Investments
Subsidiary undertakings
Valuation at 1 July 2023
40,000
Valuation at 30 June 2024
40,000
Amounts falling due within one year
Amounts due from group undertakings etc.
394,538
409,438
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
9,962
9,573
Obligations under finance leases and hire purchase contracts
35,639
34,245
Trade creditors
19,495
23,277
Taxes and social security
41,787
33,285
Loans from directors
54,915
47,951
8
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
27,758
63,397
9
Average number of employees
During the year the average number of employees was 10 (2023: 10).