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REGISTERED NUMBER: 07312420 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Excel Health & Fitness Limited

Excel Health & Fitness Limited (Registered number: 07312420)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 6

Excel Health & Fitness Limited

Company Information
for the Year Ended 31 March 2024







DIRECTOR: Mr S P Thompson



REGISTERED OFFICE: Unit 11
Selby Business Park
Selby
YO8 8LZ



REGISTERED NUMBER: 07312420 (England and Wales)



ACCOUNTANTS: PY Accountants Ltd
33 Holmefield Close
Brayton
Selby
YO8 9LR



BANKERS: HSBC Bank Plc
PO Box 26
13 Parliament Street
York
YO1 8XS

Excel Health & Fitness Limited (Registered number: 07312420)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 85,775 69,557

CURRENT ASSETS
Stocks 5 895 730
Prepayments and accrued income 7,438 7,438
Cash at bank 24,800 10,602
33,133 18,770
CREDITORS
Amounts falling due within one year 6 20,922 18,820
NET CURRENT ASSETS/(LIABILITIES) 12,211 (50 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

97,986

69,507

CREDITORS
Amounts falling due after more than one
year

7

47,484

57,237
NET ASSETS 50,502 12,270

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 50,402 12,170
SHAREHOLDERS' FUNDS 50,502 12,270

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Excel Health & Fitness Limited (Registered number: 07312420)

Balance Sheet - continued
31 March 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 17 September 2024 and were signed by:





Mr S P Thompson - Director


Excel Health & Fitness Limited (Registered number: 07312420)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Excel Health & Fitness Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on reducing balance
Motor vehicles - 25% on reducing balance
Office equipment - 20% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Improvements
to Plant and Motor Office
property machinery vehicles equipment Totals
£    £    £    £    £   
COST
At 1 April 2023 21,000 107,331 16,663 1,522 146,516
Additions - 32,997 - - 32,997
At 31 March 2024 21,000 140,328 16,663 1,522 179,513
DEPRECIATION
At 1 April 2023 - 68,147 7,290 1,522 76,959
Charge for year - 14,436 2,343 - 16,779
At 31 March 2024 - 82,583 9,633 1,522 93,738
NET BOOK VALUE
At 31 March 2024 21,000 57,745 7,030 - 85,775
At 31 March 2023 21,000 39,184 9,373 - 69,557

Excel Health & Fitness Limited (Registered number: 07312420)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

5. STOCKS
31.3.24 31.3.23
£    £   
Stocks 895 730

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 5,324 7,251
Other loans 440 5,602
Corporation Tax 7,994 988
VAT 6,299 4,134
Accrued expenses 865 845
20,922 18,820

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Bank loans - 2-5 years 6,734 11,687
Other loans - 2-5 years 40,750 45,550
47,484 57,237

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.24 31.3.23
value: £    £   
100 Ordinary £1 100 100

Excel Health & Fitness Limited

Report of the Accountants to the Director of
Excel Health & Fitness Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Profit and Loss Account and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 March 2024 set out on pages three to seven and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






PY Accountants Ltd
33 Holmefield Close
Brayton
Selby
YO8 9LR


17 September 2024