Company Registration No. 13125513 (England and Wales)
EXALTED CONCEPTS LIMITED
Unaudited accounts
for the year ended 31 January 2024
EXALTED CONCEPTS LIMITED
Unaudited accounts
Contents
EXALTED CONCEPTS LIMITED
Company Information
for the year ended 31 January 2024
Company Number
13125513 (England and Wales)
Registered Office
10 TEIGNMOUTH AVENUE
MANCHESTER
M40 7QD
ENGLAND
EXALTED CONCEPTS LIMITED
Statement of financial position
as at 31 January 2024
Tangible assets
3,627
4,286
Cash at bank and in hand
1,005
744
Creditors: amounts falling due within one year
(4,937)
(5,658)
Net current liabilities
(3,931)
(4,913)
Net liabilities
(304)
(627)
Called up share capital
1
1
Profit and loss account
(305)
(628)
Shareholders' funds
(304)
(627)
For the year ending 31 January 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 her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 31 October 2024 and were signed on its behalf by
Sharon Wali
Director
Company Registration No. 13125513
EXALTED CONCEPTS LIMITED
Notes to the Accounts
for the year ended 31 January 2024
EXALTED CONCEPTS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 13125513. The registered office is 10 TEIGNMOUTH AVENUE, MANCHESTER, M40 7QD, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 February 2023
4,619
985
5,604
At 31 January 2024
4,619
985
5,604
At 1 February 2023
924
394
1,318
Charge for the year
462
197
659
At 31 January 2024
1,386
591
1,977
At 31 January 2024
3,233
394
3,627
At 31 January 2023
3,695
591
4,286
Amounts falling due within one year
EXALTED CONCEPTS LIMITED
Notes to the Accounts
for the year ended 31 January 2024
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
61
-
Loans from directors
3,391
5,343
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).