Acorah Software Products - Accounts Production 16.1.300 false true 31 May 2023 1 June 2022 false 1 June 2023 31 May 2024 31 May 2024 10186016 Mr J A Higginson Mrs S Mason true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10186016 2023-05-31 10186016 2024-05-31 10186016 2023-06-01 2024-05-31 10186016 frs-core:CurrentFinancialInstruments 2024-05-31 10186016 frs-core:Non-currentFinancialInstruments 2024-05-31 10186016 frs-core:FurnitureFittings 2024-05-31 10186016 frs-core:FurnitureFittings 2023-06-01 2024-05-31 10186016 frs-core:FurnitureFittings 2023-05-31 10186016 frs-core:MotorVehicles 2024-05-31 10186016 frs-core:MotorVehicles 2023-06-01 2024-05-31 10186016 frs-core:MotorVehicles 2023-05-31 10186016 frs-core:ShareCapital 2024-05-31 10186016 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 10186016 frs-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 10186016 frs-bus:FilletedAccounts 2023-06-01 2024-05-31 10186016 frs-bus:SmallEntities 2023-06-01 2024-05-31 10186016 frs-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 10186016 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 10186016 1 2023-06-01 2024-05-31 10186016 frs-bus:Director1 2023-06-01 2024-05-31 10186016 frs-bus:Director2 2023-06-01 2024-05-31 10186016 frs-countries:EnglandWales 2023-06-01 2024-05-31 10186016 2022-05-31 10186016 2023-05-31 10186016 2022-06-01 2023-05-31 10186016 frs-core:CurrentFinancialInstruments 2023-05-31 10186016 frs-core:Non-currentFinancialInstruments 2023-05-31 10186016 frs-core:ShareCapital 2023-05-31 10186016 frs-core:RetainedEarningsAccumulatedLosses 2023-05-31
Registered number: 10186016
Excellence Global Limited
Unaudited Financial Statements
For The Year Ended 31 May 2024
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—5
Page 1
Statement of Financial Position
Registered number: 10186016
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 44,110 57,583
44,110 57,583
CURRENT ASSETS
Debtors 5 797 13,337
Cash at bank and in hand 13,630 493
14,427 13,830
Creditors: Amounts Falling Due Within One Year 6 (33,504 ) (37,861 )
NET CURRENT ASSETS (LIABILITIES) (19,077 ) (24,031 )
TOTAL ASSETS LESS CURRENT LIABILITIES 25,033 33,552
Creditors: Amounts Falling Due After More Than One Year 7 (5,000 ) (10,000 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (11,028 ) (10,941 )
NET ASSETS 9,005 12,611
CAPITAL AND RESERVES
Called up share capital 100 100
Income Statement 8,905 12,511
SHAREHOLDERS' FUNDS 9,005 12,611
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For the year ending 31 May 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.
On behalf of the board
Mr J A Higginson
Director
21/06/2024
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Excellence Global Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10186016 . The registered office is 3 Middle Hobcote Farm, Hobcote Lane, Oakworth, Keighley, West Yorkshire, BD22 0RW.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

The financial statements are prepared under the historical cost basis.
The financial statements are prepared in sterling, which is the functional currency of the entity.

2.2. Turnover
Turnover is measured at the fair value of the consideration receivable for services rendered, net of discounts and Value Added Tax.
Income is recognised on completion of the work undertaken.

2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Motor Vehicles 25% reducing balance
Fixtures & Fittings 15% reducing balance
2.4. Leasing and Hire Purchase Contracts
Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets. Assets acquired under hire purchase contracts are depreciated over their useful lives.
2.5. Financial Instruments
A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the transactions price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Debt instruments are subsequently measured at amortised cost.

2.6. Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively.
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

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2.7. Impairment
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs.
The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

2.8. Provisions
Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.
Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised in finance costs in profit or loss in the period it arises.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Tangible Assets
Motor Vehicles Fixtures & Fittings Total
£ £ £
Cost
As at 1 June 2023 72,096 5,108 77,204
Additions - 781 781
As at 31 May 2024 72,096 5,889 77,985
Depreciation
As at 1 June 2023 17,110 2,511 19,621
Provided during the period 13,747 507 14,254
As at 31 May 2024 30,857 3,018 33,875
Net Book Value
As at 31 May 2024 41,239 2,871 44,110
As at 1 June 2023 54,986 2,597 57,583
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 797 12,936
Prepayments and accrued income - 401
797 13,337
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6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts - 972
Bank loans and overdrafts 5,000 5,000
Corporation tax 7,900 14,614
Other taxes and social security 710 231
VAT 17,743 14,889
Accruals and deferred income 1,250 1,250
Directors' loan accounts 901 905
33,504 37,861
Included in creditors: amounts falling due within one year, are net obligations under hire purchase contracts of £nil (2023 - £972) which are secured against the assets to which they relate.
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 5,000 10,000
8. Related Party Transactions
During the year, the following dividends were paid to the directors:
Mr J A Higginson - £38,750 (2023 - £17,000)
Mrs N F Higginson - £nil (2023 - £12,000)
Mrs S Mason - £1,250 (2023 - £nil)
Included in creditors: amounts falling due within one year, is a directors loan account balance of £901 (2023 - £905) owing to Mr J A Higginson.
The loan is interest free and repayable on demand.
9. Ultimate Controlling Party
The company is under the control of Mr J A Higginson who is interested in 100% of the company's issued share capital.
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