Company registration number 11783182 (England and Wales)
EXCELENCIA TECH LTD
FINANCIAL STATEMENTS
FOR THE PERIOD 1 FEBRUARY 2023 TO 31 MARCH 2024
PAGES FOR FILING WITH REGISTRAR
EXCELENCIA TECH LTD
CONTENTS
Page
Balance sheet
1
Statement of changes in equity
2
Notes to the financial statements
3 - 5
EXCELENCIA TECH LTD
BALANCE SHEET
AS AT
31 MARCH 2024
31 March 2024
- 1 -
31 March 2024
31 January 2023
Notes
£
£
£
£
Current assets
Debtors
3
10,800
1
Cash at bank and in hand
12,733
-
0
23,533
1
Creditors: amounts falling due within one year
4
(13,678)
-
0
Net current assets
9,855
1
Capital and reserves
Called up share capital
5
1,000
1
Profit and loss reserves
8,855
-
0
Total equity
9,855
1

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the board of directors and authorised for issue on 11 November 2024 and are signed on its behalf by:
Mr G  Narayanan
Director
Company registration number 11783182 (England and Wales)
EXCELENCIA TECH LTD
STATEMENT OF CHANGES IN EQUITY
FOR THE PERIOD 1 FEBRUARY 2023 TO ENDED 31 MARCH 2024
- 2 -
Share capital
Profit and loss reserves
Total
Notes
£
£
£
Balance at 1 February 2022
1
-
0
1
Year ended 31 January 2023:
Profit and total comprehensive income
-
-
0
-
0
Balance at 31 January 2023
1
-
0
1
Period ended 31 March 2024:
Profit and total comprehensive income
-
8,855
8,855
Issue of share capital
5
999
-
999
Balance at 31 March 2024
1,000
8,855
9,855
EXCELENCIA TECH LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 FEBRUARY 2023 TO ENDED 31 MARCH 2024
- 3 -
1
Accounting policies
Company information

Excelencia Tech Ltd is a private company limited by shares incorporated in England and Wales. The registered office is , 2 Grattidge Road, Birmingham, United Kingdom, B27 7AQ.

1.1
Reporting period

The financial statement are prepared for 14 month period, the year end was extended form 31 January to 31 March in order to make sure its co-terminus to the parent company year end.

1.2
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention.

1.3
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for IT related services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates if any.

 

1.4
Financial instruments
Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

1.5
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.6
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

EXCELENCIA TECH LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD 1 FEBRUARY 2023 TO ENDED 31 MARCH 2024
- 4 -
2
Employees

The average monthly number of persons (including directors) employed by the company during the Period 1 February 2023 to 31 March 2024 was:

2023
Number
Number
Total
1
-
0
3
Debtors
2023
Amounts falling due within one year:
£
£
Trade debtors
10,800
-
0
Other debtors
-
0
1
10,800
1
4
Creditors: amounts falling due within one year
2023
£
£
Corporation tax
2,077
-
0
Other taxation and social security
5,817
-
0
Other creditors
5,784
-
0
13,678
-
0
5
Called up share capital
2023
2023
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of £1 each
1,000
1
1,000
1

During the year, further 999 Ordinary shares at £1 were issued and paid up.

6
Audit report information

As the income statement has been omitted from the filing copy of the financial statements, the following information in relation to the audit report on the statutory financial statements is provided in accordance with s444(5B) of the Companies Act 2006:

The auditor's report was unqualified.

Senior Statutory Auditor:
Mr Vishal Bhatt
Statutory Auditor:
BLS Burnells LLP
Date of audit report:
12 November 2024
EXCELENCIA TECH LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD 1 FEBRUARY 2023 TO ENDED 31 MARCH 2024
- 5 -
7
Parent company

The immediate parent company of Excelencia Tech Ltd is Excelencia I tech Consulting Pvt Ltd registered in India at Ascendas International Tech Park, 5th Floor, Pinnacle Building, Tharamani, Chennai – 600 113. The group accounts will be available at the corporate address.

The ultimate controlling party of Excelencia Tech Ltd is the directors of the parent company which are also the shareholders in the parent company.

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