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Company registration number: 07646161
XCEL RESOURCES LIMITED
Unaudited filleted financial statements
31 May 2024
XCEL RESOURCES LIMITED
Contents
Directors and other information
Statement of financial position and notes to the financial statements
XCEL RESOURCES LIMITED
Directors and other information
Directors Sathya Prasad Maddasani
Company number 07646161
Registered office Units 2-3 Cromwell Centre Roebuck Road
Hainault Business Park
Ilford
England
IG6 3UG
Accountants NP & US Accountants
Bankers HSBC Bank Plc
XCEL RESOURCES LIMITED
Statement of financial position
31 May 2024
2024 2023
£ £
Current assets 166,157 342,381
Creditors: amounts falling due within one year ( 107,570) ( 280,952)
_______ _______
Net current assets 58,587 61,429
_______ _______
Total assets less current liabilities 58,587 61,429
Creditors: amounts falling due after more than one year ( 31,369) ( 37,580)
_______ _______
Net assets 27,218 23,849
_______ _______
Capital and reserves 27,218 23,849
_______ _______
XCEL RESOURCES LIMITED
Year ended 31 May 2024
Notes to the financial statements
1. Employee numbers
The average number of persons employed by the company during the year amounted to 5 (2023: 5 ).
For the year ending 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsiblities:
- The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the board of directors and authorised for issue on 14 September 2024 , and are signed on behalf of the board by:
Sathya Prasad Maddasani
Director
The company is a private company limited by shares, registered in United Kingdom.