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REGISTERED NUMBER: 10204715 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 May 2024

for

Excel Bespoke Plaster Ltd

Excel Bespoke Plaster Ltd (Registered number: 10204715)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Excel Bespoke Plaster Ltd

Company Information
for the Year Ended 31 May 2024







DIRECTORS: G Buck
C Dixon
S Illingsworth





SECRETARY:





REGISTERED OFFICE: 298/unit 5 Hoyle Mill Lane
Thurlstone
Sheffield
United Kingdom
S36 9PZ





REGISTERED NUMBER: 10204715 (England and Wales)

Excel Bespoke Plaster Ltd (Registered number: 10204715)

Balance Sheet
31 May 2024

31.5.24 31.5.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 79,773 112,287

CURRENT ASSETS
Stocks - 65,000
Debtors 5 175,762 114,892
Cash at bank 201,356 128,441
377,118 308,333
CREDITORS
Amounts falling due within one year 6 164,570 127,819
NET CURRENT ASSETS 212,548 180,514
TOTAL ASSETS LESS CURRENT
LIABILITIES

292,321

292,801

CREDITORS
Amounts falling due after more than one
year

7

(5,473

)

(22,315

)

PROVISIONS FOR LIABILITIES (15,157 ) -
NET ASSETS 271,691 270,486

CAPITAL AND RESERVES
Called up share capital 3 3
Retained earnings 271,688 270,483
271,691 270,486

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

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

Excel Bespoke Plaster Ltd (Registered number: 10204715)

Balance Sheet - continued
31 May 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 July 2024 and were signed on its behalf by:




S Illingsworth - Director G Buck - Director




C Dixon - Director


Excel Bespoke Plaster Ltd (Registered number: 10204715)

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

1. STATUTORY INFORMATION

Excel Bespoke Plaster Ltd 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.

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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 10 (2023 - 9 ) .

Excel Bespoke Plaster Ltd (Registered number: 10204715)

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 June 2023 176,520
Additions 3,908
Disposals (28,842 )
At 31 May 2024 151,586
DEPRECIATION
At 1 June 2023 64,233
Charge for year 27,296
Eliminated on disposal (19,716 )
At 31 May 2024 71,813
NET BOOK VALUE
At 31 May 2024 79,773
At 31 May 2023 112,287

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Trade debtors 25,000 1,236
Other debtors 150,762 113,656
175,762 114,892

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Bank loans and overdrafts 10,000 10,000
Hire purchase contracts 27,731 45,245
Trade creditors 34,995 29,301
Taxation and social security 57,049 36,478
Other creditors 34,795 6,795
164,570 127,819

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.5.24 31.5.23
£    £   
Bank loans 5,473 22,315