IRIS Accounts Production v24.2.0.383 06858348 Board of Directors Board of Directors 1.4.23 31.3.24 31.3.24 false true false false true false 19521 7361 19521 19545 7361 24 19521 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh068583482023-03-31068583482024-03-31068583482023-04-012024-03-31068583482022-03-31068583482022-04-012023-03-31068583482023-03-3106858348ns15:EnglandWales2023-04-012024-03-3106858348ns14:PoundSterling2023-04-012024-03-3106858348ns10:Director12023-04-012024-03-3106858348ns10:Director22023-04-012024-03-3106858348ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3106858348ns10:SmallEntities2023-04-012024-03-3106858348ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3106858348ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3106858348ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3106858348ns10:FullAccounts2023-04-012024-03-310685834842ns10:Director22023-03-310685834842ns10:Director22022-03-310685834842ns10:Director22022-04-012023-03-310685834842ns10:Director22023-04-012024-03-310685834842ns10:Director22024-03-310685834842ns10:Director22023-03-3106858348ns10:CompanySecretary12023-04-012024-03-3106858348ns10:RegisteredOffice2023-04-012024-03-3106858348ns5:CurrentFinancialInstruments2024-03-3106858348ns5:CurrentFinancialInstruments2023-03-3106858348ns5:ShareCapital2024-03-3106858348ns5:ShareCapital2023-03-3106858348ns5:RetainedEarningsAccumulatedLosses2024-03-3106858348ns5:RetainedEarningsAccumulatedLosses2023-03-3106858348ns5:ComputerEquipment2023-04-012024-03-3106858348ns5:ComputerEquipment2023-03-3106858348ns5:ComputerEquipment2024-03-3106858348ns5:ComputerEquipment2023-03-3106858348ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-03-3106858348ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-31068583481ns10:Director12023-03-31068583481ns10:Director12022-03-31068583481ns10:Director12023-04-012024-03-31068583481ns10:Director12022-04-012023-03-31068583481ns10:Director12024-03-31068583481ns10:Director12023-03-31
REGISTERED NUMBER: 06858348 (England and Wales)












EXPLUNDISH LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024






EXPLUNDISH LIMITED (REGISTERED NUMBER: 06858348)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


EXPLUNDISH LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: M Stewart
Mrs A Stewart





SECRETARY: Mrs A Stewart





REGISTERED OFFICE: Turnpike House
1208/1210 London Road
Leigh on Sea
Essex
SS9 2UA





REGISTERED NUMBER: 06858348 (England and Wales)





ACCOUNTANTS: Segrave & Partners LLP
Chartered Accountants
Turnpike House
1208/1210 London Road
Leigh on Sea
Essex
SS9 2UA

EXPLUNDISH LIMITED (REGISTERED NUMBER: 06858348)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 5,183 3,750

CURRENT ASSETS
Debtors 5 434 52,302
Cash at bank 64,098 129,300
64,532 181,602
CREDITORS
Amounts falling due within one year 6 14,152 44,567
NET CURRENT ASSETS 50,380 137,035
TOTAL ASSETS LESS CURRENT
LIABILITIES

55,563

140,785

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 55,561 140,783
SHAREHOLDERS' FUNDS 55,563 140,785

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 17 July 2024 and were signed on its behalf by:



M Stewart - Director



Mrs A Stewart - Director


EXPLUNDISH LIMITED (REGISTERED NUMBER: 06858348)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

Explundish 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.
Computer equipment - 20% on reducing balance

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

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

EXPLUNDISH LIMITED (REGISTERED NUMBER: 06858348)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 April 2023 11,780
Additions 2,728
At 31 March 2024 14,508
DEPRECIATION
At 1 April 2023 8,030
Charge for year 1,295
At 31 March 2024 9,325
NET BOOK VALUE
At 31 March 2024 5,183
At 31 March 2023 3,750

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors - 32,781
Directors' current accounts - 19,521
VAT 434 -
434 52,302

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Tax 12,779 40,708
Social security and other taxes (1 ) 797
VAT - 1,712
Directors' current accounts 24 -
Accrued expenses 1,350 1,350
14,152 44,567

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2024 and 31 March 2023:

2024 2023
£    £   
M Stewart and Mrs A Stewart
Balance outstanding at start of year 19,521 7,361
Amounts advanced - 19,521
Amounts repaid (19,545 ) (7,361 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (24 ) 19,521