1 April 2023 false No description of principal activity Taxfiler 2024.6 07113904business:PrivateLimitedCompanyLtd2023-04-012024-03-31 071139042023-03-31 071139042023-04-012024-03-31 07113904business:AuditExemptWithAccountantsReport2023-04-012024-03-31 07113904business:FilletedAccounts2023-04-012024-03-31 071139042024-03-31 07113904business:Director12023-04-012024-03-31 07113904business:Director22023-04-012024-03-31 07113904business:RegisteredOffice2023-04-012024-03-31 071139042023-03-31 07113904core:WithinOneYear2024-03-31 07113904core:WithinOneYear2023-03-31 07113904core:ShareCapitalcore:PreviouslyStatedAmount2024-03-31 07113904core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 07113904core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-03-31 07113904core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 07113904core:PreviouslyStatedAmount2024-03-31 07113904core:PreviouslyStatedAmount2023-03-31 07113904business:SmallEntities2023-04-012024-03-31 07113904countries:EnglandWales2023-04-012024-03-31 07113904core:MotorVehicles2023-04-012024-03-31 07113904core:MotorVehicles2023-03-31 07113904core:MotorVehicles2024-03-31 07113904business:OrdinaryShareClass12023-04-012024-03-31 07113904business:OrdinaryShareClass12022-04-012023-03-31 07113904business:OrdinaryShareClass22023-04-012024-03-31 07113904business:OrdinaryShareClass22022-04-012023-03-31 07113904business:OrdinaryShareClass32023-04-012024-03-31 07113904business:OrdinaryShareClass32022-04-012023-03-31 07113904business:AllOrdinaryShares2023-04-012024-03-31 07113904business:AllOrdinaryShares2022-04-012023-03-31 071139042022-04-012023-03-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 07113904 (England and Wales)
Extol Engineering Ltd Unaudited accounts for the year ended 31 March 2024
Extol Engineering Ltd Unaudited accounts Contents
Page
- 2 -
Extol Engineering Ltd Company Information for the year ended 31 March 2024
Directors
Nuwan Mihiripenna Veronica Samarasinghe
Company Number
07113904 (England and Wales)
Registered Office
6 Frobisher Close Kenley Surrey CR8 5HF
Accountants
Blythe & Co 41 Oldfields Road Sutton Surrey SM1 2NB
- 3 -
Extol Engineering Ltd Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Debtors
625,057 
677,042 
Cash at bank and in hand
200,950 
42,472 
826,007 
719,514 
Creditors: amounts falling due within one year
(135,915)
(37,919)
Net current assets
690,092 
681,595 
Net assets
690,092 
681,595 
Capital and reserves
Called up share capital
102 
100 
Profit and loss account
689,990 
681,495 
Shareholders' funds
690,092 
681,595 
For the year ending 31 March 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 directors acknowledge their 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 of Directors and authorised for issue on 20 May 2024 and were signed on its behalf by
Veronica Samarasinghe Director Company Registration No. 07113904
- 4 -
Extol Engineering Ltd Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Extol Engineering Ltd is a private company, limited by shares, registered in England and Wales, registration number 07113904. The registered office is 6 Frobisher Close, Kenley, Surrey, CR8 5HF.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Motor vehicles
25% on cost
4
Tangible fixed assets
Motor vehicles 
£ 
Cost or valuation
At cost 
At 1 April 2023
19,812 
Disposals
(9,300)
At 31 March 2024
10,512 
Depreciation
At 1 April 2023
19,812 
On disposals
(9,300)
At 31 March 2024
10,512 
Net book value
At 31 March 2024
- 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
51,985 
Other debtors
625,057 
625,057 
625,057 
677,042 
- 5 -
Extol Engineering Ltd Notes to the Accounts for the year ended 31 March 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
47,312 
36,019 
Loans from directors
86,703 
- 
Accruals
1,900 
1,900 
135,915 
37,919 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
1 1 B Ordinary Shares of £1 each
1 
- 
1 1 C Ordinary Shares of £1 each
1 
- 
102 
100 
Shares issued during the period:
1 1 B Ordinary Shares of £1 each
1 
1 1 C Ordinary Shares of £1 each
1 
2 
8
Average number of employees
During the year the average number of employees was 5 (2023: 5).
- 6 -