1 August 2023 false No description of principal activity Taxfiler 2024.5 10871707business:PrivateLimitedCompanyLtd2023-08-012024-07-31 108717072023-07-31 108717072023-08-012024-07-31 10871707business:AuditExemptWithAccountantsReport2023-08-012024-07-31 10871707business:FilletedAccounts2023-08-012024-07-31 108717072024-07-31 10871707business:Director12023-08-012024-07-31 10871707business:RegisteredOffice2023-08-012024-07-31 108717072023-07-31 10871707core:WithinOneYear2024-07-31 10871707core:WithinOneYear2023-07-31 10871707core:AfterOneYear2024-07-31 10871707core:AfterOneYear2023-07-31 10871707countries:EnglandWales2023-08-012024-07-31 108717072022-08-012023-07-31 10871707business:Micro-entities2023-08-012024-07-31 iso4217:GBP xbrli:pure
Company Registration No. 10871707 (England and Wales)
XCEL FINANCE LTD Unaudited accounts for the year ended 31 July 2024
XCEL FINANCE LTD Annual report and unaudited accounts for the year ended 31 July 2024
CONTENTS
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XCEL FINANCE LTD Company Information for the year ended 31 July 2024
Director
James Aled Lloyd
Company Number
10871707 (England and Wales)
Registered Office
10 High View Lightwater GU18 5YE
Accountants
SJC Accounting Ltd. 42 Calshot Way Frimley GU16 9FA
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XCEL FINANCE LTD Statement of Financial Position as at 31 July 2024
2024 
2023 
£ 
£ 
Fixed assets
1,780 
2,126 
Current assets
50,020 
146,284 
Prepayments and accrued income
1,559 
1,258 
Creditors: amounts falling due within one year
(35,477)
(38,883)
Net current assets
16,102 
108,659 
Total assets less current liabilities
17,882 
110,785 
Creditors: amounts falling due after more than one year
(16,916)
(20,457)
Net assets
966 
90,328 
Capital and reserves
966 
90,328 
NOTES TO THE ACCOUNTS
1 Statutory information
XCEL FINANCE LTD is a private company, limited by shares, registered in England and Wales, registration number 10871707. The registered office is 10 High View, Lightwater, GU18 5YE.
2 Guarantees and other financial commitments
Loan of £31,500 was taken out on 7th June 2020 and repayable over 10 year
3 Average number of employees
During the year the average number of employees was 1 (2023: 1).
For the year ending 31 July 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and FRS 105, The Financial Reporting Standard applicable to the Micro-entities Regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the board on 11 October 2024
James Aled Lloyd Director Company Registration No. 10871707
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