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REGISTERED NUMBER: 09243426 (England and Wales)















Experientially Limited

Financial Statements for the Year Ended 31st December 2023






Experientially Limited (Registered number: 09243426)

Contents of the Financial Statements
for the Year Ended 31st December 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 6

Experientially Limited

Company Information
for the Year Ended 31st December 2023







DIRECTOR: S Davies





REGISTERED OFFICE: St Anns
Chidham Lane
Chidham
West Sussex
PO18 8TQ





REGISTERED NUMBER: 09243426 (England and Wales)





ACCOUNTANTS: Sheen Stickland
Chartered Accountants
7 East Pallant
Chichester
West Sussex
PO19 1TR

Experientially Limited (Registered number: 09243426)

Balance Sheet
31st December 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 777 972
Investments 5 300,000 300,000
300,777 300,972

CURRENT ASSETS
Debtors 6 82,610 56,011
Cash at bank 42,234 115,304
124,844 171,315
CREDITORS
Amounts falling due within one year 7 104,838 129,062
NET CURRENT ASSETS 20,006 42,253
TOTAL ASSETS LESS CURRENT
LIABILITIES

320,783

343,225

CAPITAL AND RESERVES
Called up share capital 8 101 101
Retained earnings 9 320,682 343,124
SHAREHOLDERS' FUNDS 320,783 343,225

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2023 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.

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 12th September 2024 and were signed by:



S Davies - Director


Experientially Limited (Registered number: 09243426)

Notes to the Financial Statements
for the Year Ended 31st December 2023


1. STATUTORY INFORMATION

Experientially 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.
Computer equipment - 20% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

Experientially Limited (Registered number: 09243426)

Notes to the Financial Statements - continued
for the Year Ended 31st December 2023


4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1st January 2023
and 31st December 2023 2,915
DEPRECIATION
At 1st January 2023 1,943
Charge for year 195
At 31st December 2023 2,138
NET BOOK VALUE
At 31st December 2023 777
At 31st December 2022 972

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1st January 2023
and 31st December 2023 300,000
NET BOOK VALUE
At 31st December 2023 300,000
At 31st December 2022 300,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 78,314 47,602
Other debtors 1,838 1,820
VAT 2,458 6,589
82,610 56,011

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 4 -
Trade creditors 2,222 -
Tax 1,901 8,260
Social security and other taxes - 6
Other creditors 500 500
Directors' current accounts 9,329 13,386
Accruals and deferred income 90,882 106,910
104,838 129,062

Experientially Limited (Registered number: 09243426)

Notes to the Financial Statements - continued
for the Year Ended 31st December 2023


8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary 1 1 1
100 B Ordinary 1 100 100
101 101

9. RESERVES
Retained
earnings
£   

At 1st January 2023 343,124
Profit for the year 7,558
Dividends (30,000 )
At 31st December 2023 320,682

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31st December 2023 and 31st December 2022:

2023 2022
£    £   
S Davies
Balance outstanding at start of year - 13,474
Amounts repaid - (13,474 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - -

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Experientially 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 Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Experientially Limited for the year ended 31st December 2023 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Experientially Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Experientially Limited and state those matters that we have agreed to state to the director of Experientially Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Experientially Limited and its director for our work or for this report.

It is your duty to ensure that Experientially Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Experientially Limited. You consider that Experientially Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Experientially Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Sheen Stickland
Chartered Accountants
7 East Pallant
Chichester
West Sussex
PO19 1TR


12th September 2024