Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-312023-01-01falseNo description of principal activity3421falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 13804768 2023-01-01 2023-12-31 13804768 2021-12-16 2022-12-31 13804768 2023-12-31 13804768 2022-12-31 13804768 c:Director1 2023-01-01 2023-12-31 13804768 c:Director2 2023-01-01 2023-12-31 13804768 c:Director3 2023-01-01 2023-12-31 13804768 c:RegisteredOffice 2023-01-01 2023-12-31 13804768 d:MotorVehicles 2023-01-01 2023-12-31 13804768 d:MotorVehicles 2023-12-31 13804768 d:MotorVehicles 2022-12-31 13804768 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 13804768 d:ComputerEquipment 2023-01-01 2023-12-31 13804768 d:ComputerEquipment 2023-12-31 13804768 d:ComputerEquipment 2022-12-31 13804768 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 13804768 d:OtherPropertyPlantEquipment 2023-01-01 2023-12-31 13804768 d:OtherPropertyPlantEquipment 2023-12-31 13804768 d:OtherPropertyPlantEquipment 2022-12-31 13804768 d:OtherPropertyPlantEquipment d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 13804768 d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 13804768 d:CurrentFinancialInstruments 2023-12-31 13804768 d:CurrentFinancialInstruments 2022-12-31 13804768 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 13804768 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 13804768 d:ShareCapital 2023-12-31 13804768 d:ShareCapital 2022-12-31 13804768 d:RetainedEarningsAccumulatedLosses 2023-12-31 13804768 d:RetainedEarningsAccumulatedLosses 2022-12-31 13804768 c:FRS102 2023-01-01 2023-12-31 13804768 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 13804768 c:FullAccounts 2023-01-01 2023-12-31 13804768 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 13804768 e:PoundSterling 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure
Company registration number: 13804768







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 DECEMBER 2023


EXCEL FUNDRAISING LIMITED






































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EXCEL FUNDRAISING LIMITED
 


 
COMPANY INFORMATION


Directors
D Jubb 
G McDonough 
M Rogers 




Registered number
13804768



Registered office
Marlow International
Parkway

Marlow

Buckinghamshire

SL7 1YL




Accountants
Menzies LLP
Chartered Accountants

Magna House 2nd Floor

18-32 London Road

Staines-Upon-Thames

TW18 4BP





 


EXCEL FUNDRAISING LIMITED
 



CONTENTS



Page
Statement of Financial Position
1
Notes to the Financial Statements
2 - 4


 


EXCEL FUNDRAISING LIMITED
REGISTERED NUMBER:13804768



STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
204,796
148,456

  
204,796
148,456

Current assets
  

Debtors: amounts falling due within one year
 5 
163,651
191,095

Cash at bank and in hand
  
111,466
79,665

  
275,117
270,760

Creditors: amounts falling due within one year
 6 
(393,620)
(416,369)

Net current liabilities
  
 
 
(118,503)
 
 
(145,609)

Total assets less current liabilities
  
86,293
2,847

  

Net assets
  
86,293
2,847


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
86,193
2,747

  
86,293
2,847


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 



G McDonough
Director
Date: 16 September 2024

The notes on pages 2 to 4 form part of these financial statements.

Page 1

 


EXCEL FUNDRAISING LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


General information

Excel Fundraising Limited is a private company, limited by shares, registered in England and Wales. The
address of the registered office is given in the company information page of these financial statements. The company's place of business is Marlow International, Parkway, Marlow, Buckinghamshire, SL7 1YL.
The company was incorporated on the 16 December 2021. As a result this company's comparative figures represent a period of 13 months and are therefore not directly comparable.
The presentation currency of the financial statements is the Pound Sterling (£).
The significant accounting policies applied in the preparation of these financial statements are set out below.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is generated via providing fundraising services and is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

 
2.3

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.4

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of Financial Position. The assets of the plan are held separately from the Company in independently administered funds.

Page 2

 


EXCEL FUNDRAISING LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided over the following terms:

Motor vehicles
-
4-5 years straight line
Computer equipment
-
2-5 years straight line
Field equipment
-
1-3 years straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.6

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Basic financial assets

Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments.


3.


Employees

The average monthly number of employees, including directors, during the year was 34 (2022 - 21).

Page 3

 


EXCEL FUNDRAISING LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

4.


Tangible fixed assets





Motor vehicles
Computer equipment
Field equipment
Total

£
£
£
£



Cost or valuation


At 1 January 2023
147,280
3,048
10,336
160,664


Additions
44,341
9,799
41,729
95,869



At 31 December 2023

191,621
12,847
52,065
256,533



Depreciation


At 1 January 2023
10,251
477
1,480
12,208


Charge for the year on owned assets
22,534
2,979
14,016
39,529



At 31 December 2023

32,785
3,456
15,496
51,737



Net book value



At 31 December 2023
158,836
9,391
36,569
204,796


5.


Debtors

2023
2022
£
£


Trade debtors
-
156,000

Amounts owed by associated undertakings
126,673
-

Other debtors
1,510
-

Prepayments and accrued income
35,468
35,095

163,651
191,095



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
11,388
23,619

Amounts owed to associated undertakings
1,140
-

Other taxation and social security
237,464
205,939

Other creditors
4,991
5,083

Accruals and deferred income
138,637
181,728

393,620
416,369


 
Page 4