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REGISTERED NUMBER: 13182774 (England and Wales)















Unaudited Financial Statements for the Year Ended 30th April 2024

for

EXCLUSIVE ROOMS LIMITED

EXCLUSIVE ROOMS LIMITED (REGISTERED NUMBER: 13182774)

Contents of the Financial Statements
for the Year Ended 30th April 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


EXCLUSIVE ROOMS LIMITED

Company Information
for the Year Ended 30th April 2024







DIRECTORS: Mr C A Bailey
Mrs J L Bailey





REGISTERED OFFICE: Newton Hill Bretby Lane
Newton Solney
Burton-On-Trent
Staffordshire
DE15 0RY





REGISTERED NUMBER: 13182774 (England and Wales)






EXCLUSIVE ROOMS LIMITED (REGISTERED NUMBER: 13182774)

Balance Sheet
30th April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 637,778 436,194

CURRENT ASSETS
Debtors 5 - 9,502
Cash at bank 3,372 54,476
3,372 63,978
CREDITORS
Amounts falling due within one year 6 474,546 2,430
NET CURRENT (LIABILITIES)/ASSETS (471,174 ) 61,548
TOTAL ASSETS LESS CURRENT
LIABILITIES

166,604

497,742

CREDITORS
Amounts falling due after more than
one year

7

-

251,915
NET ASSETS 166,604 245,827

EXCLUSIVE ROOMS LIMITED (REGISTERED NUMBER: 13182774)

Balance Sheet - continued
30th April 2024

30.4.24 30.4.23
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 102 102
Share premium 339,810 339,810
Retained earnings (173,308 ) (94,085 )
SHAREHOLDERS' FUNDS 166,604 245,827

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th April 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 8th October 2024 and were signed on its behalf by:





Mr C A Bailey - Director


EXCLUSIVE ROOMS LIMITED (REGISTERED NUMBER: 13182774)

Notes to the Financial Statements
for the Year Ended 30th April 2024


1. STATUTORY INFORMATION

Exclusive Rooms 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.
Freehold property - not provided

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.

EXCLUSIVE ROOMS LIMITED (REGISTERED NUMBER: 13182774)

Notes to the Financial Statements - continued
for the Year Ended 30th April 2024


3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Freehold
property
£   
COST
At 1st May 2023 436,194
Additions 638,845
Disposals (437,261 )
At 30th April 2024 637,778
NET BOOK VALUE
At 30th April 2024 637,778
At 30th April 2023 436,194

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR
30.4.24 30.4.23
£    £   
Other debtors - 9,502

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR
30.4.24 30.4.23
£    £   
Other creditors 474,546 2,430

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE
THAN ONE YEAR
30.4.24 30.4.23
£    £   
Bank loans - 251,915

EXCLUSIVE ROOMS LIMITED (REGISTERED NUMBER: 13182774)

Notes to the Financial Statements - continued
for the Year Ended 30th April 2024


7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - conti
30.4.24 30.4.23
£    £   
Amounts falling due in more than five years:

Repayable by instalments
Mortgage - 251,915

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30th April 2024 and 30th April 2023:

30.4.24 30.4.23
£    £   
Mr C A Bailey
Balance outstanding at start of year 9,502 (72,409 )
Amounts advanced - 81,911
Amounts repaid (483,061 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (473,559 ) 9,502