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REGISTERED NUMBER: 02576417 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

EXPOTEL LIMITED

EXPOTEL LIMITED (REGISTERED NUMBER: 02576417)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


EXPOTEL LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTOR: A Shah





SECRETARY: Mrs V Shah





REGISTERED OFFICE: 15 Westrow Gardens
Sevenkings
Essex
IG3 9NE





REGISTERED NUMBER: 02576417 (England and Wales)





ACCOUNTANTS: Ashfords Partnership LLP
114 - 116 Goodmayes Road
Ilford
Essex
IG3 9UZ

EXPOTEL LIMITED (REGISTERED NUMBER: 02576417)

BALANCE SHEET
31 DECEMBER 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 964 964

CURRENT ASSETS
Debtors 5 44,476 44,476
Investments 6 33,333 33,333
Cash at bank and in hand 57,931 57,931
135,740 135,740
CREDITORS
Amounts falling due within one year 7 49,828 49,828
NET CURRENT ASSETS 85,912 85,912
TOTAL ASSETS LESS CURRENT
LIABILITIES

86,876

86,876

CREDITORS
Amounts falling due after more than one
year

8

88,768

88,768
NET LIABILITIES (1,892 ) (1,892 )

CAPITAL AND RESERVES
Called up share capital 10 20,000 20,000
Retained earnings 11 (21,892 ) (21,892 )
SHAREHOLDERS' FUNDS (1,892 ) (1,892 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 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 31 August 2024 and were signed by:




A Shah - Director


EXPOTEL LIMITED (REGISTERED NUMBER: 02576417)

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


1. STATUTORY INFORMATION

Expotel 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.

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 etc - 15% 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.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 January 2023
and 31 December 2023 8,277 3,706 11,983
DEPRECIATION
At 1 January 2023
and 31 December 2023 7,922 3,097 11,019
NET BOOK VALUE
At 31 December 2023 355 609 964
At 31 December 2022 355 609 964

EXPOTEL LIMITED (REGISTERED NUMBER: 02576417)

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


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 43,512 43,512
VAT 964 964
44,476 44,476

6. CURRENT ASSET INVESTMENTS
31.12.23 31.12.22
£    £   
Listed investments 33,333 33,333

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Bank loans and overdrafts (see note 9) 19,757 19,757
Trade creditors 2,335 2,335
Tax (3 ) (3 )
Social security and other taxes 220 220
Directors' current accounts 24,522 24,522
Accrued expenses 2,997 2,997
49,828 49,828

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.12.23 31.12.22
£    £   
Other loans (see note 9) 88,768 88,768

9. LOANS

An analysis of the maturity of loans is given below:

31.12.23 31.12.22
£    £   
Amounts falling due within one year or on demand:
Bank overdrafts 19,757 19,757

Amounts falling due between one and two years:
Loan Creditor H R Shah 88,768 88,768

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.23 31.12.22
value: £    £   
20,000 Ordinary 1 20,000 20,000

EXPOTEL LIMITED (REGISTERED NUMBER: 02576417)

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


11. RESERVES
Retained
earnings
£   

At 1 January 2023 (21,892 )
Profit for the year -
At 31 December 2023 (21,892 )